Net Assets and Financial Postition 24 Foreword | Mission |  Management Report  | Share | Marketing | Consolidated Financial Statements - IFRS - | Report of Supervisory Board | Board of Management Cash and cash equivalents 369.3 39.7% 190.6 27.2% 93.8% Inventories 201.1 21.6% 196.2 28.0% 2.5% Accounts receivables 189.6 20.4% 175.6 25.1% 8.0% Other short-term assets 0.3 0.0% 1.9 0.3% -85.6% Total current assets 760.3 81.8% 564.3 80.6% 34.7% Deferred income taxes 51.6 5.6% 36.5 5.2% 41.6% Long-term assets 117.7 12.7% 99.4 14.2% 18.4% Total assets 929.6 100.0% 700.1 100.0% 32.8% Bank borrowings 12.9 1.4% 16.8 2.4% -23.0% Other liabilities 269.8 29.0% 204.8 29.3% 31.8% Total current liabilities 282.8 30.4% 221.6 31.7% 27.6% Pension 21.2 2.3% 18.5 2.6% 14.2% Tax provision 33.7 3.6% 27.1 3.9% 24.5% Other provisions 53.8 5.8% 49.0 7.0% 9.8% Provisions 108.7 11.7% 94.6 13.5% 14.9% Long-term interest bearing borrowings and minorities 2.4 0.3% 0.8 0.1% 196.0% Shareholders’ equity 535.8 57.6% 383.0 54.7% 39.9% Total liabilities and shareholders’ equity 929.6 100.0% 700.1 100.0% 32.8% Working capital 148.4 155.7 -4.7% - in % of sales 9.7% 12.2% Consolidated Balance Sheet Structure 2004 2003 +/- % € million % € million %