REPOWER

Consolidated balance sheet

Consolidated balance sheet

Consolidated balance sheet
Assets CHF thousands Note 01.01.2010 31.12.2010 31.12.2011
      Restated* Restated*  
           
  Property, plant and equipment 9 1,071,766 1,091,090 1,041,145
  Intangible assets 10 11,612 44,410 15,853
  Investments in associates and partner plants 6 41,071 51,784 40,004
  Other financial assets 11/25 70,848 63,400 67,054
  Deferred tax assets 7 17,374 15,455 25,430
Non-current assets   1,212,671 1,266,139 1,189,486
         
         
  Inventories 12 34,293 30,154 37,794
  Receivables 13/25 468,382 475,188 606,728
  Prepaid expenses and accrued income 24 12,825 16,340 5,414
  Securities and other financial instruments 14 2,239 5,889 1,491
  Positive replacement values held-for-trading positions 15/25 180,114 125,140 107,204
  Cash and cash equivalents 16 334,382 349,975 339,873
Current assets   1,032,235 1,002,686 1,098,504
           
  Non-current assets held for sale 28 - - 79,067
           
Total assets   2,244,906 2,268,825 2,367,057

The Notes are an integral part of these consolidated financial statements.

* See Note 30

Liabilities and shareholders' equity CHF thousands Note 01.01.2010 31.12.2010 31.12.2011
      Restated* Restated*  
           
  Share capital 17 2,783 2,783 2,783
  Participation capital 17 625 625 625
  Treasury shares   -16 -16 -16
  Capital reserves   17,732 17,732 17,732
  Fair value adjustment of financial instruments   -2,116 -1,798 -1,214
  Retained earnings (including Group profit)   837,528 886,781 915,367
  Accumulated translation differences   -5,453 -39,138 -45,379
  Shareholders' equity excluding minority interests   851,083 866,969 889,898
  Minority interests   57,135 48,647 74,602
Shareholders' equity   908,218 915,616 964,500
           
  Non-current provisions 19/20 63,778 28,159 26,619
  Deferred tax liabilities 7 71,192 67,854 58,875
  Non-current financial liabilities 18 533,238 599,495 565,652
  Other non-current liabilities 21/25 56,538 56,782 2,237
Non-current liabilities   724,746 752,290 653,383
           
  Current income tax liabilities   28,053 32,717 28,388
  Current financial liabilities 23 62,557 66,120 48,548
  Negative replacement values held-for-trading positions 15/25 160,821 99,361 85,076
  Current provisions 19/20 614 37,801 21,484
  Other current liabilities 22/25 339,936 334,584 524,706
  Deferred income and accrued expenses 24 19,961 30,336 30,741
Current liabilities   611,942 600,919 738,943
Liabilities   1,336,688 1,353,209 1,392,326
           
  Liabilities held for sale   - - 10,231
           
Total liabilities and shareholders' equity   2,244,906 2,268,825 2,367,057

The Notes are an integral part of these consolidated financial statements.

* See Note 30