Consolidated balance sheet 2008

EUR millions	30.06.2008	31.12.2007	30.06.2007
Property, plant and equipment	60.6	61.8	65.0
Goodwill	28.8	28.8	28.8
Other intangible assets	4.2	4.2	3.6
Financial assets	1.8	0.6	0.7
Deferred tax assets	4.1	4.5	5.8
Non-current assets	99.5	99.9	103.9
Inventories and construction contracts	47.1	27.0	43.2
Trade accounts receivable	85.1	90.6	77.3
Income tax receivables	1.0	0.8	0.2
Other receivables and prepaid expenses	9.2	7.3	10.8
Cash and cash equivalents	21.0	24.8	18.3
Assets held for sale	2.2	1.9	–
Current assets	165.6	152.4	149.8
Assets	265.1	252.3	253.7

Share capital	48.7	48.7	48.7
Reserves	40.4	26.6	14.3
Treasury shares	–2.5	–1.1	–
Equity	86.6	74.2	63.0
Non-current financial liabilities	47.1	49.8	54.9
Pension liabilities	6.7	6.9	6.9
Deferred tax liabilities	2.7	2.7	4.3
Non-current provisions	0.6	0.6	0.6
Other non-current liabilities	–	–	0.1
Non-current liabilities	57.1	60.0	66.8
Trade accounts payable	66.2	57.7	53.0
Current financial liabilities	8.2	13.5	25.7
Income tax payables	4.6	3.7	4.7
Current provisions	11.3	11.5	9.1
Other current liabilities and accruals	31.1	31.7	31.4
Current liabilities	121.4	118.1	123.9
Liabilities	178.5	178.1	190.7
Equity and liabilities	265.1	252.3	253.7

Contact address

Kardex AG
Airgate
Thurgauerstrasse 40
8050 Zürich
Switzerland

T: +41 (0)44 386 44 10
F: +41 (0)44 386 44 18
info@kri-group.com