Consolidated statement of financial position for the year ended March 31, 2012

A. Non-current assets

Property, plant and equipment

9

4,371,380

4,378,335

Goodwill

10

1,419,550

1,421,162

Other intangible assets

11

379,888

321,992

Investments in associates

12

142,799

149,405

Other financial assets

12

158,695

160,458

Deferred tax assets

13

383,196

369,825

6,855,508

6,801,177

B. Current assets

Inventories

14

2,824,106

2,952,712

Trade and other receivables

15

1,709,767

1,774,397

Other financial assets

453,633

406,580

Cash and cash equivalents

16

1,233,433

677,229

6,220,939

5,810,918

Total assets

13,076,447

12,612,095

In thousands of euros

Equity and liabilities

Notes

03/31/2011

03/31/2012

A. Equity

Share capital

307,132

307,132

Capital reserves

421,083

405,664

Hybrid capital

992,096

992,096

Reserve for own shares

–24,485

–15,686

Other reserves

–167,482

–181,906

Retained earnings

3,089,439

3,258,635

Equity attributable to equity holders of the parent

4,617,783

4,765,935

Non-controlling interests

73,330

70,356

17

4,691,113

4,836,291

B. Non-current liabilities

Pensions and other employee obligations

18

833,156

852,857

Provisions

19

83,324

131,308

Deferred tax liabilities

13

237,010

204,004

Financial liabilities

20

3,070,553

1,970,658

4,224,043

3,158,827

C. Current liabilities

Provisions

19

402,073

631,060

Tax liabilities

134,719

78,845

Financial liabilities

20

1,427,930

1,799,194

Trade and other payables

21

2,196,569

2,107,878

4,161,291

4,616,977

Total equity and liabilities

13,076,447

12,612,095

In thousands of euros