Balance sheet

ASSETS Dec. 31, 2009 Dec. 31, 2008*) Jan. 1, 2008*)
(€ thousand)
Non-current assets
Intangible assets 194,985 235,931 197,581
Property, plant and equipment 426,151 479,421 482,138
Investment property 11,675 13,188 -
Financial assets 2,376 2,364 2,661
Other assets 26,736 34,332 27,377
Income tax receivable 11,638 - -
Deferred tax assets 38,355 46,491 33,336
Total non-current assets 711,916 811,727 743,093
Current assets
Inventories 570,918 1,000,612 955,644
Trade receivables 464,266 798,618 929,964
Income tax receivable 72,224 29,388 6,572
Other assets 65,840 141,845 86,367
Liquid funds 826,517 296,636 153,558
thereof cash and cash equivalents 826,517 293,531 153,558
thereof restricted cash - 3,105 -
Assets held for sale 1,081 4,942 98,596
Total current assets 2,000,846 2,272,041 2,230,701
Total assets 2,712,762 3,083,768 2,973,794
EQUITY AND LIABILITIES Dec. 31, 2009 Dec. 31, 2008*) Jan. 1, 2008*)
(€ thousand)
Equity
Subscribed capital 166,250 116,250 116,250
Capital reserves 429,493 260,496 260,496
Retained earnings 518,621 708,272 418,263
Accumulated other
comprehensive income		 -6,169 -15,664 -28,332
Equity attributable to
shareholders of Klöckner & Co SE		 1,108,195 1,069,354 766,677
Minority interests 15,068 11,998 84,283
Total equity 1,123,236 1,081,352 850,960
Non-current liabilities and provisions
Provisions for pensions
and similar obligations		 174,598 180,095 188,457
Other provisions 31,287 36,924 59,151
Income tax liabilities 20 50 92
Financial liabilities 618,744 813,000 813,076
Other liabilities 31,080 59,634 8,962
Deferred tax liabilities 71,029 86,873 83,969
Total non-current liabilities 926,758 1,176,576 1,153,707
Current liabilities
Other provisions 109,868 284,766 144,355
Income tax liabilities 50,667 19,139 18,223
Financial liabilities 52,169 48,112 72,644
Trade payables 398,387 392,183 609,863
Other liabilities 51,650 81,640 91,748
Liabilities associated
with assets held for sale		 - - 32,294
Total current liabilities 662,741 825,840 969,127
Total liabilities 1,589,499 2,002,416 2,122,834
Total equity and liabilities 2,712,762 3,083,768 2,973,794
*) Comparative amounts for 2008 restated due to initial application of IFRIC 14.