Financial Statements
Bayer Group Consolidated Balance Sheets
| Note | Dec. 31, 2005 | Dec. 31, 2006 | |
| € million | |||
| Noncurrent assets | |||
| Goodwill | [17] | 2,623 | 8,227 |
| Other intangible assets | [17] | 5,065 | 15,807 |
| Property, plant and equipment | [18] | 8,321 | 8,867 |
| Investments in associates | [19] | 795 | 532 |
| Other financial assets | [20] | 1,429 | 1,094 |
| Other receivables | [21] | 199 | 165 |
| Deferred taxes | [14] | 1,698 | 1,205 |
| 20,130 | 35,897 | ||
| Current assets | |||
| Inventories | [22] | 5,504 | 6,153 |
| Trade accounts receivable | [23] | 5,204 | 5,802 |
| Other financial assets | [20] | 447 | 401 |
| Other receivables | [21] | 1,421 | 1,217 |
| Claims for tax refunds | 726 | 581 | |
| Cash and cash equivalents | [36] | 3,290 | 2,915 |
| Assets held for sale and discontinued operations | [7.2] | - | 2,925 |
| 16,592 | 19,994 | ||
| Total assets | 36,722 | 55,891 | |
| Stockholders’ equity | [24] | ||
| Capital stock of Bayer AG | 1,870 | 1,957 | |
| Capital reserves of Bayer AG | 2,942 | 4,028 | |
| Other reserves | 6,265 | 6,782 | |
| 11,077 | 12,767 | ||
| Equity attributable to minority interest | 80 | 84 | |
| 11,157 | 12,851 | ||
| Noncurrent liabilities | |||
| Provisions for pensions and other post-employment benefits | [25] | 7,174 | 6,543 |
| Other provisions | [26] | 1,340 | 1,464 |
| Financial liabilities | [27] | 7,185 | 14,723 |
| Other liabilities | [29] | 516 | 449 |
| Deferred taxes | [14] | 280 | 4,346 |
| 16,495 | 27,525 | ||
| Current liabilities | |||
| Other provisions | [26] | 3,009 | 3,765 |
| Financial liabilities | [27] | 1,767 | 5,078 |
| Trade accounts payable | [28] | 1,974 | 2,369 |
| Tax liabilities | 304 | 400 | |
| Other liabilities | [29] | 2,016 | 3,055 |
| Liabilities directly related to assets held for sale and discontinued operations | [7.2] | - | 848 |
| 9,070 | 15,515 | ||
| Total stockholders’ equity and liabilities | 36,722 | 55,891 |



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