Consolidated balance sheet

Consolidated balance sheet
Assets		31.12.2011	30.06.2012
CHF thousands		audited	unaudited


	Property, plant and equipment	1,041,145	1,062,876
	Intangible assets	15,853	18,010
	Investments in associates and partner plants	40,004	40,963
	Other financial assets	67,054	64,626
	Deferred income taxes	25,430	22,024
Non-current assets		1,189,486	1,208,499


	Inventories	37,794	31,915
	Receivables	606,728	583,524
	Prepaid expenses and accrued income	5,414	7,502
	Securities and other financial instruments	1,491	1,653
	Positive replacement values held-for-trading positions	107,204	116,532
	Cash and cash equivalents	339,873	271,576
Current assets		1,098,504	1,012,702


	Non current assets held for sale	79,067	92,926

Total assets		2,367,057	2,314,127

Liabilities and shareholders' equity		31.12.2011	30.06.2012
CHF thousands		audited	unaudited


	Share capital	2,783	2,783
	Participation capital	625	625
	Treasury shares	-16	-16
	Capital reserves	17,732	17,732
	Fair value adjustment of financial instruments	-1,214	-1,057
	Retained earnings (including Group profit)	915,367	918,684
	Accumulated translation differences	-45,379	-46,958
	Shareholders' equity excluding minority interests	889,898	891,793
	Minority interests	74,602	78,561
Shareholders' equity		964,500	970,354

	Non-current provisions	26,619	26,324
	Deferred tax liabilities	58,875	58,831
	Non-current financial liabilities	565,652	554,430
	Other non-current liabilities	2,237	2,416
Non-current liabilities		653,383	642,001

	Current income tax liabilities	28,388	17,846
	Current financial liabilities	48,548	66,397
	Negative replacement values held-for-trading positions	85,076	110,093
	Current provisions	21,484	2,026
	Other current liabilities	524,706	459,910
	Deferred income and accrued expenses	30,741	34,950
Current liabilities		738,943	691,222
Liabilities		1,392,326	1,333,223

	Liabilities held for sale	10,231	10,550

Total liabilities and shareholders' equity		2,367,057	2,314,127

REPOWER