Global PVQ SE Balance Sheet

Financials in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2011	FY 2010	FY 2009	FY 2008	FY 2007
Period Ending	Dec '11 Dec 31, 2011	Dec '10 Dec 31, 2010	Dec '09 Dec 31, 2009	Dec '08 Dec 31, 2008	Dec '07 Dec 31, 2007
Cash & Equivalents	304.9	473.9	411.9	176.6	414.1
Short-Term Investments	6.7	9.8	8.9	-	186.5
Trading Asset Securities	-	0.3	2	5.3	6.7
Cash & Short-Term Investments	311.6	484	422.8	181.9	607.3
Cash Growth	-35.62%	14.47%	132.44%	-70.05%	238.14%
Accounts Receivable	135.1	108.7	198.2	181.2	121.1
Other Receivables	13.1	48.9	54.4	152.9	61.8
Receivables	165.6	240.3	283.7	334.1	182.9
Inventory	142.5	365.7	302.1	216.8	94.4
Prepaid Expenses	4.8	3.6	2.8	-	-
Other Current Assets	33.2	2.6	-	13	3.9
Total Current Assets	657.7	1,096	1,011	745.8	888.5
Property, Plant & Equipment	421.6	827.8	688.4	479.2	220
Long-Term Investments	65.6	62.3	92.9	1,129	1,209
Goodwill	-	-	-	3.8	2.5
Other Intangible Assets	11.2	12.8	13	36.1	31.9
Long-Term Deferred Tax Assets	12.2	70.4	87	8.5	-
Long-Term Deferred Charges	4.6	1.4	1.6	12.3	8.5
Other Long-Term Assets	40.5	108.5	220	420.4	197.9
Total Assets	1,216	2,179	2,228	2,835	2,588
Accounts Payable	98.7	145.4	156.6	79.7	56.4
Accrued Expenses	41.9	18.7	18.5	21	56.5
Current Portion of Long-Term Debt	205.3	95.1	63.5	226.8	10.8
Current Portion of Leases	-	-	-	0.5	0.6
Current Income Taxes Payable	7.5	23.1	11.7	-	26.7
Current Unearned Revenue	23	20.4	19.2	27.9	17.7
Other Current Liabilities	213.3	172.9	246.3	30.8	32.4
Total Current Liabilities	589.7	475.6	515.8	386.7	201.1
Long-Term Debt	531.4	709.5	852.1	438.4	418.7
Long-Term Leases	-	-	-	-	0.6
Long-Term Unearned Revenue	20.8	55.3	64.5	115.9	90.9
Long-Term Deferred Tax Liabilities	2.7	3.1	5.7	5.7	5.1
Other Long-Term Liabilities	37	53.2	52.6	11.7	38.1
Total Liabilities	1,182	1,297	1,491	958.4	754.5
Common Stock	176.3	176.3	117.5	113.5	111.3
Retained Earnings	-509.2	338.2	319.3	442.1	252.4
Comprehensive Income & Other	367.1	368.2	295.5	1,291	1,459
Total Common Equity	34.2	882.7	732.3	1,847	1,823
Minority Interest	-	-	4.7	29.7	10.9
Shareholders' Equity	34.2	882.7	737	1,877	1,834
Total Liabilities & Equity	1,216	2,179	2,228	2,835	2,588
Total Debt	736.7	804.6	915.6	665.7	430.7
Net Cash (Debt)	-425.1	-320.6	-492.8	-483.8	176.6
Net Cash Growth	-	-	-	-	8.81%
Net Cash Per Share	-2.79	-2.14	-3.73	-4.30	1.62
Filing Date Shares Outstanding	176.34	176.34	117.53	113.5	111.26
Total Common Shares Outstanding	176.34	176.34	117.53	113.5	111.26
Working Capital	68	620.6	495.6	359.1	687.4
Book Value Per Share	0.19	5.01	6.23	16.27	16.38
Tangible Book Value	23	869.9	719.3	1,807	1,789
Tangible Book Value Per Share	0.13	4.93	6.12	15.92	16.08
Land	293.5	298	307.2	145.4	55.3
Machinery	849.7	801.5	628.7	436.7	223.1

Updated Apr 17, 2012. Source: S&P Global Market Intelligence. Standard template. Financial Sources.