APC 2007 Annual Report Download - page 117

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5
Consolidated financial statements at December 31, 2007
Impact on the balance sheet at December 31, 2007
The impact of the year’s acquisitions on the main balance sheet items at December 31, 2007 was as follows:
3.3 - APC acquisition - unaudited pro forma information
The pro forma income statement data presented below have been prepared as if the business combination between
Schneider Electric and APC had taken place as of January 1, 2007.
Unaudited combined income statement data for the period ended December 31, 2007:
If APC’s operations had been included from February 15 to December 31, 2006, Group revenue would have come to
15,469 million (versus a reported 13,730 million) and EBITA would have totaled 2,103 million (versus a reported
2,019 million).
Impact Dec. 31, 2007 %
of acquisitions* Reported
Goodwill 2,493.9 8,141.2 30.6 %
Property, plant & equipment and intangible assets 2,515.7 5,570.5 45.2 %
Other non current assets 224.8 1,306.3 17.2 %
Current assets (excluding cash and cash equivalents) 844.7 6,980.8 12.1 %
Cash and cash equivalents 393.4 1,268.9 31.0 %
Total assets 6,472.5 23,267.7 27.8 %
Financial liabilities 2.2 6,186.7 0.0 %
Non-current liabilities (excluding long-term debt) 714.8 2,246.8 31.8 %
Current liabilities (excluding short-term debt) 359.7 4,520.5 8.0 %
Total liabilities (excluding equity) 1,076.7 12,954.0 8.3 %
* At closing exchange rates.
2007
Schneider Electric APC Schneider Electric
excluding APC (12 months) + APC
unaudited unaudited
Revenue 15,572.3 1,940.7 17,513.0
Gross profit 6,368.3 802.8 7,171.1
EBITA 2,313.0 253.1 2,566.1
Operating profit 2,284.7 196.9 2,481.6
2007
Acquisitions (5,720.0)
Cash and cash equivalents paid (6,160.0)
Cash and cash equivalents acquired 440.0
Disposals 425.0
Other operations 3.9
Net financial investments (5,291.1)
Impact on cash
Changes in the scope of consolidation reduced the
Group’s cash position by a net 5,291.1 million, as de-
scribed below:
115