Edison Group
Consolidated Balance Sheet at December 31, 2005
(in millions of euros) See note 12/31/05 12/31/04
ASSETS      
Property, plant and equipment 1 8,637 8,677
Investment property 2 49 62
Goodwill 3 3,505 3,507
Hydrocarbon concessions 4 339 361
Other intangible assets 5 38 25
Investments in associates 6 59 112
Available-for-sale investments 6 74 154
Other financial assets 7 65 76
Deferred-tax assets 8 104 96
Other assets 9 297 379
Total non-current assets   13,167 13,449
Inventories   315 302
Trade receivables   1,593 1,139
Due from customers for contract work   - 168
Current-tax assets   38 103
Other receivables   337 346
Current financial assets   76 87
Current financial assets   361 458
Total current assets 10 2,720 2,603
       
Assets held for sale   - -
       
Total assets   15,887 16,052
Edison Group
Consolidated Balance Sheet at December 31, 2005 (continued)
(in millions of euros) See note 12/31/05 12/31/04
LIABILITIES AND SHAREHOLDERS' EQUITY      
Share capital   4,273 4,259
Equity reserves   - -
Other reserves   1,552 1,465
Reserve for currency translations   3 -
Retained earnings (Loss carryforward)   (58) (371)
Profit (Loss) for the period   500 354
Total Group interest in shareholders' equity   6,270 5,707
Minority interest in shareholders' equity   159 469
Total shareholders' equity 11 6,429 6,176
       
Provision for employee severance indemnities      
and provision for pensions 12 74 88
Provision for deferred taxes 13 1,096 1,208
Provision for risks and charges 14 1,002 1,114
Bonds 15 2,838 2,825
Long-term borrowings and other financial liabilities 16 1,822 1,821
Other liabilities 17 242 42
Total non-current liabilities   7,074 7,098
       
Short-term borrowings   655 805
Trade payables   1,275 857
Due to customers for contract work   - 311
Current taxes payable   16 114
Other liabilities   438 691
Total non-current liabilities 18 2,384 2,778
       
Liabilities held for sale   - -
       
Total liabilities and shareholders' equity   15,887 16,052