Kesko Annual Report 2011, Parent's balance sheet

Parent's balance sheet

€	31 Dec. 2011	v31 Dec. 2010

ASSETS
NON-CURRENT ASSETS
INTANGIBLE ASSETS
Intangible rights	124,834.67	199,906.39
Other capitalised long-term expenses	9,893,042.86	4,313,388.19
Advance payments	1,976,928.89	1,736,613.77
	11,994,806.42	6,249,908.35
TANGIBLE ASSETS
Land and waters	81,256,474.49	80,873,372.49
Buildings	207,339,953.84	205,180,300.54
Machinery and equipment	3,554,390.98	2,863,976.71
Other tangible assets	5,213,897.51	5,293,574.24
Advance payments and construction in progress	4,307,434.52	2,840,181.75
	301,672,151.34	297,051,405.73
INVESTMENTS
Holdings in Group undertakings	290,885,444.71	290,883,006.31
Participating interests	50,428,962.48	50,428,962.48
Other investments	12,367,622.37	11,269,659.86
	353,682,029.56	352,581,628.65
CURRENT ASSETS
DEBTORS
Long-term
Amounts owed by Group undertakings	354,779,677.39	301,952,665.95
Amounts owed by participating interest undertakings	1,546,010.01	1,546,010.01
	356,325,687.40	303,498,675.96
Short-term
Trade debtors	120,317.26	133,107.69
Amounts owed by Group companies	704,423,650.80	419,278,113.48
Amounts owed by participating interest undertakings	80,421.63	1,031,965.85
Loan receivables	39,654,941.99	-
Other receivables	247,336.90	529,725.06
Prepayments and accrued income	36,354,322.90	34,266,780.47
	780,880,991.48	455,239,692.55
INVESTMENTS
Other investments	240,812,775.14	762,309,168.71

CASH IN HAND AND AT BANKS	44,094,169.82	11,311,650.71

TOTAL ASSETS	2,089,462,611.16	2,188,242,130.66

€	31 Dec. 2011	31 Dec. 2010

LIABILITIES

CAPITAL AND RESERVES
Share capital	197,282,584.00	197,282,584.00
Share premium account	197,498,010.90	197,498,010.90
Other reserves	243,503,433.05	243,415,795.55
Retained earnings	757,495,654.85	719,178,076.45
Profit for the financial year	100,553,189.98	189,532,714.65
	1,496,332,872.78	1,546,907,181.55
APPROPRIATIONS
Depreciation reserve	79,810,615.60	80,033,522.19

PROVISIONS
Other provisions	308,363.01	2,004,418.01

CREDITORS
Non-current
Private placement bonds	100,418,410.04	100,418,410.04
Loans from credit institutions	25,793,139.03	32,689,235.40
Other creditors	12,651.73	13,200.00
	126,224,200.80	133,120,845.44

Current
Loans from credit institutions	7,147,962.83	-
Advances received	37,165.30	1,109.73
Trade creditors	4,068,791.84	2,745,213.39
Amounts owed to Group companies	319,714,249.62	373,586,139.84
Amounts owed to participating interest undertakings	35,543,101.97	34,211,919.86
Other creditors	6,741,000.02	4,934,194.55
Accruals and deferred income	13,534,287.39	10,697,586.10
	386,786,558.97	426,176,163.47

TOTAL LIABILITIES	2,089,462,611.16	2,188,242,130.66