BALANCE SHEET (million euros €)

1990

1991

1992

1993

1994

1995

1996

1997

1998

1999
Fixed and non-current assets

3,494

4,125

4,686

5,426

5,956

6,310

9,019

11,336

12,270

28,433
Current assets

3,650

3,503

3,404

3,722

3,700

3,717

3,954

4,716

5,081

13,617
TOTAL ASSETS

7,144

7,628

8,090

9,148

9,656

10,028

12,973

16,052

17,351

42,050
Shareholders' equity

2,443

2,705

2,891

3,173

3,538

3,955

5,096

5,557

6,043

12,526
Minoritary interests

315

571

241

347

385

392

836

1,648

1,513

1,870
Long-term debt

154

161

647

944

1,307

1,329

1,918

2,826

2,275

10,223
Other long-term liabilities

691

871

883

919

1,005

988

1,163

1,415

1,718

3,173
Current liabilities

2,382

2,289

2,228

2,415

2,506

2,807

2,979

3,097

3,412

5,488
Short-term debt

1,158

1,032

1,201

1,350

916

557

982

1,510

2,390

8,769
TOTAL LIABILITIES

7,144

7,628

8,090

9,148

9,656

10,028

12,973

16,052

17,351

42,050
Shareholders' equity  (US GAAP)

2,363

2,659

2,887

3,257

3,622

4,003

4,603

5,166

5,653

12,140