Balance sheet

ASSETS Dec. 31, 2010 Dec. 31, 2009 Dec. 31, 2008*) Jan. 1, 2008*)
(€ thousand)
Non-current assets
Intangible assets 227,323 194,985 235,931 197,581
Property, plant and equipment 524,169 426,151 479,421 482,138
Investment property 10,486 11,675 13,188 -
Financial assets 2,721 2,376 2,364 2,661
Other assets 32,027 26,736 34,332 27,377
Income tax receivable - 11,638 - -
Deferred tax assets 59,235 38,355 46,491 33,336
Total non-current assets 855,961 711,916 811,727 743,093
Current assets
Inventories 898,841 570,918 1,000,612 955,644
Trade receivables 703,101 464,266 798,618 929,964
Income tax receivable 34,251 72,224 29,388 6,572
Other assets 62,898 65,840 141,845 86,367
Liquid funds 934,955 826,517 296,636 153,558
thereof cash and cash equivalents 934,955 826,517 293,531 153,558
thereof restricted cash - - 3,105 -
Assets held for sale 1,088 1,081 4,942 98,596
Total current assets 2,635,134 2,000,846 2,272,041 2,230,701
Total assets 3,491,095 2,712,762 3,083,768 2,973,794
EQUITY AND LIABILITIES Dec. 31, 2010 Dec. 31, 2009 Dec. 31, 2008*) Jan. 1, 2008*)
(€ thousand)
Equity
Subscribed capital 166,250 166,250 116,250 116,250
Capital reserves 464,243 429,493 260,496 260,496
Retained earnings 596,162 518,621 708,272 418,263
Accumulated other
comprehensive income		 48,721 -6,169 -15,664 -28,332
Equity attributable to
shareholders of Klöckner & Co SE		 1,275,376 1,108,195 1,069,354 766,677
Minority interests 15,118 15,068 11,998 84,283
Total equity 1,290,494 1,123,236 1,081,352 850,960
Non-current liabilities and provisions
Provisions for pensions
and similar obligations		 174,442 174,598 180,095 188,457
Other provisions 31,513 31,287 36,924 59,151
Income tax liabilities - 20 50 92
Financial liabilities 1,020,582 618,744 813,000 813,076
Other liabilities 54,945 31,080 59,634 8,962
Deferred tax liabilities 79,910 71,029 86,873 83,969
Total non-current liabilities 1,361,392 926,758 1,176,576 1,153,707
Current liabilities
Other provisions 107,259 109,868 284,766 144,355
Income tax liabilities 31,638 50,667 19,139 18,223
Financial liabilities 39,578 52,169 48,112 72,644
Trade payables 584,614 398,387 392,183 609,863
Other liabilities 76,120 51,650 81,640 91,748
Liabilities associated
with assets held for sale		 - - - 32,294
Total current liabilities 839,209 662,741 825,840 969,127
Total liabilities 2,200,601 1,589,499 2,002,416 2,122,834
Total equity and liabilities 3,491,095 2,712,762 3,083,768 2,973,794
*) Comparative amounts for 2008 restated due to initial application of IFRIC 14.