Consolidated Balance Sheet

Assets	Note	31/12/2010	31/12/2009
(in € 000)
Intangible assets	2	901,468	904,283

Investment property	3	2,383	2,470

Land and buildings		10,680	11,374
Property, plant and equipment		5,513	7,184
Other tangible fixed assets		39,766	29,747
Property, plant and equipment	4	55,959	48,305

Investments accounted for using the equity method		131,464	143,329
Other investments		222	221
Total investments	5	131,686	143,550

Non-current financial assets	12	1,889	483
Deferred tax assets	6	45,679	46,238
Other non-current assets	7	1,390	2,897
Total non-current assets		1,140,454	1,448,226

Tax receivables	8	28,709	23,578
Other current assets	9	81,667	87,042
Inventories	10	131,484	124,010
Trade receivables	11	385,207	378,269
Securities and other current financial assets	12	31,942	41,369
Cash and cash equivalents	13	84,901	119,627
Total current assets		743,91	773,895

Assets held for sale		-	-

Total assets		1,884,364	1,922,121

Liabilities	Note	31/12/2010	31/12/2009
(in € 000)
Share capital		67,452	67,452
Share premium reserve		286,857	286,857
Treasury shares		(144,968)	(138,840)
Other reserves and retained earnings		327,771	294,701
Profit (loss) for the year		42,101	34,333
Total shareholders’ equity attributable to the Group	14	579,213	544,503

Capital and reserves attributable to minorities	15	1,750	1,778
Total shareholders’ equity		580,963	546,281

Provisions	16	43,416	58,381
Employees’ leaving entitlement and termination indemnities	17	53,159	59,037
Non-current financial liabilities	18	418,468	382,187
Deferred tax liabilities	6	91,189	89,140
Other non-current liabilities		-	72
Total non-current liabilities		606,232	588,817

Income tax payables	19	22,619	20,380
Other current liabilities	20	250,966	256,731
Trade payables	21	380,895	357,693
Payables to banks and other financial liabilities	18	42,689	152,219
Total current liabilities		697,169	787,023

Liabilities held for sale		-	-

Total liabilities		1,884,364	1,922,121