32 BALANCE SHEET HIGHLIGHTS ASSETS (€m) 2004 2003 Goodwill 211.1 228.6 Intangible fixed assets 292.8 276.3 Tangible fixed assets 146.2 165.4 Financial fixed assets 5.7 4.0 Lease receivables 216.5 198.0 Long-term deferred tax assets 38.8 41.4 Inventories 57.5 70.8 Trade receivables 183.3 186.1 Cash, cash equivalents and short-term investments 48.3 97.7 Other short-term assets 40.4 56.8 Total assets 1,240.6 1,325.1 nnnnnnnnnnn nnnnnnnnnnn LIABILITIES (€m) 2004 2003 Shareholders’ equity 385.0 316.1 Provisions 49.4 69.0 Debt 360.0 441.4 Lease payables 76.6 123.5 Long-term deferred tax liabilities 31.8 16.0 Prepaid income 138.0 142.3 Other short-term liabilities 199.8 216.8 Total liabilities 1,240.6 1,325.1 nnnnnnnnnnn nnnnnnnnnnn 31 January 31 January