Annual Report 2001 - Bohler Uddeholm materializing visions

Balance Sheet as at 31 December 2001
BÖHLER-UDDEHOLM Group
ASSETS Note 31/12/2001 31/12/2000
Ref. in k€ in k€
A. Non-current assets
I. Tangible assets (1) 506,981.7 466,390.1
II. Goodwill 32,161.8 12,261.8
III. Other intangible assets 7,823.2 7,931.7
IV. Investments in associates 364.7 505.7
V. Other financial assets 37,793.7 42,212.7
VI. Future tax benefits (2) 55,045.4 57,614.2
640,170.5 586,916.2
B. Current assets
I. Inventories (3) 528,632.0 470,318.9
II. Accounts receivable from trade (4) 313,009.4 317,102.7
III. Accounts receivable from affiliated enterprises (5) 4,080.8 4,155.0
IV. Other receivables (6) 37,638.2 48,905.3
V. Securities available for sale 482.9 778.2
VI. Cash and cash equivalents 62,537.9 57,977.8
VII. Prepaid expenses 13,874.9 13,288.8
960,256.1 912,526.7
Total assets 1,600,426.6 1,499,442.9
LIABILITIES
A. Shareholders’ equity
I. Share capital (7) 79,970.0 79,970.0
II. Capital reserves (8) 264,596.6 264,596.6
III. Treasury shares (9) (6,990.5) –
IV. Revenue reserves (10) 273,638.0 226,680.4
V. Retained earnings 29,700.4 27,536.6
640,914.5 598,783.6
B. Minority interest 6,839.9 9,400.7
C. Non-current liabilities
I. Interest bearing debt (11) 114,965.4 146,780.6
II. Deferred tax (2) 44,522.6 42,197.8
III. Severance and pension provisions (12) 177,748.2 186,413.5
IV. Other long-term provisions 17,987.0 23,313.0
V. Other long-term liabilities 686.1 1,214.0
355,909.3 399,918.9
D. Current liabilities
I. Accounts payable from trade (13) 129,922.4 137,625.6
II. Payments on account 1,864.8 579.7
III. Short-term borrowings (14) 10,223.7 4,662.1
IV. Current portion of interest-bearing debt (15) 298,484.2 175,202.9
V. Short-term provisions (16) 76,201.1 77,836.6
VI. Other short-term liabilities (17) 74,688.6 90,060.6
VII. Prepaid income 5,378.1 5,372.2
596,762.9 491,339.7
Total liabilities and shareholders’ equity 1,600,426.6 1,499,442.9
44 BÖHLER-UDDEHOLM Annual Report 2001