APC 2004 Annual Report Download - page 65

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63
Liabilities and Shareholders' Equity
(in millions of euros)
Dec. 31, 2004 Dec. 31, 2003 Dec. 31, 2002
Current liabilities
Customer prepayments 69.8 56.2 39.8
Trade accounts payable 1,314.6 1,176.7 1,167.2
Accrued taxes and payroll costs 849.5 663.1 567.0
Deferred tax liabillities
(note 12)
101.5 92.2 54.5
Other payables and accrued liabilities 543.4 641.0 725.0
Short-term liabilities 2,878.8 2,629.2 2,553.5
Short-term debt
(note 17)
254.3 1,253.0 646.2
Total current liabilities 3,133.1 3,882.2 3,199.7
Provisions for contingencies and charges
Provisions for pensions
(note 15)
660.9 672.5 810.8
Provisions for contingencies
(note 16)
208.7 156.7 174.3
Total provisions for contingencies and charges 869.6 829.2 985.1
Long-term debt
Ordinary and convertible bonds
(note 17)
1,200.0 1,200.0 1,450.0
Perpetual bonds
(note 17)
73.3 113.6 148.3
Other long-term debt
(note 17)
20.8 121.7 125.5
Total long-term debt 1,294.1 1,435.3 1,723.8
Other long-term liabilities 104.4 40.5 -
Total long-term liabilities 1,398.5 1,475.8 1,723.8
Shareholders' equity
(note 14)
Capital stock 1,809.6 1,854.7 1,926.5
Additional paid-in capital 4,049.9 4,290.8 4,895.2
Retained earnings 2,023.8 1,724.6 875.3
Cumulative translation adjustment (308.2) (211.4) 87.7
Shareholders' equity (excluding minority interests) 7,575.1 7,658.7 7,784.7
Minority interests 69.0 74.9 76.2
Total liabilities and shareholders' equity 13,045.3 13,920.8 13,769.5
The accompanying notes are an integral part of the consolidated financial statements
Consolidated financial statements