Balance sheet

ASSETS Dec. 31, 2011 Dec. 31, 2010
(€ thousand)
Non-current assets
Intangible assets 559,874 227,323
Property, plant and equipment 639,481 524,169
Investment property 10,486 10,486
Financial assets 2,664 2,721
Other assets 37,955 32,027
Deferred tax assets 44,092 59,235
Total non-current assets 1,294,552 855,961
Current assets
Inventories 1,362,191 898,841
Trade receivables 921,758 703,101
Current income tax receivable 31,899 34,251
Other assets 105,203 62,898
Cash and cash equivalents 986,632 934,955
Assets held for sale 3,610 1,088
Total current assets 3,411,293 2,635,134
Total assets 4,705,845 3,491,095
EQUITY AND LIABILITIES Dec. 31, 2011 Dec. 31, 2010
(€ thousand)
Equity
Subscribed capital 249,375 166,250
Capital reserves 900,759 464,243
Retained earnings 568,803 596,162
Accumulated other
comprehensive income		 95,799 48,721
Equity attributable to
shareholders of Klöckner & Co SE		 1,814,736 1,275,376
Non-controlling interests 28,503 15,118
Total equity 1,843,239 1,290,494
Non-current liabilities and provisions
Provisions for pensions
and similar obligations		 182,745 174,442
Other provisions and accrued liabilities 29,060 31,513
Financial liabilities 1,067,862 1,020,582
Other liabilities 85,077 54,945
Deferred tax liabilities 160,500 79,910
Total non-current liabilities 1,525,244 1,361,392
Current liabilities
Other provisions and accrued liabilities 114,091 107,259
Income tax liabilities 19,014 31,638
Financial liabilities 377,327 39,578
Trade payables 749,816 584,614
Other liabilities 77,114 76,120
Total current liabilities 1,337,362 839,209
Total liabilities 2,862,606 2,200,601
Total equity and liabilities 4,705,845 3,491,095