Consolidated Balance Sheet

Conslidated Balance Sheet, U.S.$ thousand (IFRS)

	Year
	2006	2005
Assets
Current assets:
Cash and cash equivalents	1 700 295	1 327 430
Short-term bank deposits	1 147 270	674 512
Short-term financial investments	321 842	267 851
Trade accounts receivable	1 324 097	1 173 673
Amounts receivable from related parties	127 513	173 522
Inventories	2 239 647	1 723 732
VAT receivable	338 122	441 354
Income tax receivable	35 856	28 571
Other current assets	258 404	181 108
Total current assets	7 493 046	5 991 753
Non-current assets:
Amounts receivable from related parties	-	35 095
Long-term financial investments	199 940	89 541
Investment in associates	354 906	210 652
Property, plant and equipment	10 549 219	8 846 003
Intangible assets	61 666	56 523
Total non-current assets	11 313 017	9 342 112
Total assets	18 806 063	15 333 865
Liabilities and shareholders' equity
Current liabilities:
Trade accounts payable	1 038 338	866 346
Bank customer accounts	31 143	98 867
Amounts payable to related parties	170 423	486 727
Income taxes payable	44 322	86 001
Other taxes and social security payable	199 798	257 445
Short-term debt finance	954 048	992 612
Dividends payable	23 243	12 275
Other current liabilities	494 222	361 245
Total current liabilities	2 955 537	3 161 518
Non-current liabilities:
Long-term debt finance	2 048 035	1 931 694
Deferred tax liabilities	1 381 785	1 206 080
Other non-current liabilities	298 101	298 811
Total non-current liabilities	4 172 667	3 775 243
Equity:
Share capital	3 311 288	3 311 254
Additional capital	1 165 530	60 367
Revaluation reserve	3 185 281	3 093 608
Foreign exchange differences	786 822	28 073
Accumulated earnings/(deficit)	2 602 345	1 376 103
Total equity attributable to shareholders of parent	11 051 266	7 869 405
Minority interest	626 593	527 699
Total equity	11 677 859	8 397 104
Total equity and liabilities	18 806 063	15 333 865

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