Financial Statements - Solvay

Summary fi nancial statements of Solvay SA
The annual fi nancial statements of Solvay SA are presented in summary format below. In accordance with the Companies’
Code, the annual fi nancial statements of Solvay SA, the management report and the statutory auditor’s report will be
deposited with the National Bank of Belgium.
These documents are also available free of charge on the internet or upon request from:
Solvay SA
rue du Prince Albert 33
B - 1050 Brussels
The Statutory Auditor has expressed a reservation with regard to the decision of 2006 to maintain the value of Solvay
Finance (Luxembourg) at the historical value of the investments contributed to it. The reserve relates solely to the accounts
of Solvay SA and does not in any way concern the Group’s consolidated accounts.
Balance sheet of Solvay SA (summary)
EUR Million
ASSETS
2007 2008
Fixed assets 3 579 4 266
Start-up expenses and intangible assets 73 40
Tangible assets 59 63
Financial assets 3 447 4 163
Current assets 2 668 2 356
Inventories 34 32
Trade receivables 119 86
Other receivables 2 515 1 072
Short-term investments and cash equivalents 0 1 166
Total assets
SHAREHOLDERS’ EQUITY AND LIABILITIES
6 247 6 622
Shareholders’ equity 4 017 4 145
Capital 1 271 1 271
Issue premiums 18 18
Reserves 1 948 1 948
Net income carried forward 780 908
Investment grants 0 0
Provisions and deferred taxes 248 240
Financial debt 1 537 1 782
– due in more than one year 814 996
– due within one year 723 786
Trade liabilities 96 93
Other liabilities 349 362
Total shareholders’ equity and liabilities 6 247 6 622
Financial
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Solvay Global Annual Report 2008
Financial