Bayer Group Consolidated Balance Sheets

	June 30, 2007	June 30, 2008	Dec. 31, 2007
€ million
Noncurrent assets
Goodwill	8,439	8,287	8,215
Other intangible assets	15,112	14,042	14,555
Property, plant and equipment	8,662	8,637	8,819
Investments in associates	501	456	484
Other financial assets	1,190	1,364	1,127
Other receivables	413	870	667
Deferred taxes	773	458	845
	35,090	34,114	34,712
Current assets
Inventories	6,277	6,232	6,217
Trade accounts receivable	6,880	6,805	5,830
Other financial assets	252	484	335
Other receivables	1,600	1,361	1,461
Claims for income tax refunds	243	301	208
Cash and cash equivalents	2,980	2,058	2,531
Assets held for sale and discontinued operations	82	82	84
	18,314	17,323	16,666

Total assets	53,404	51,437	51,378

Stockholders’ equity
Capital stock of Bayer AG	1,957	1,957	1,957
Capital reserves of Bayer AG	4,028	4,028	4,028
Other reserves	10,183	11,347	10,749
	16,168	17,332	16,734
Equity attributable to minority interest	81	80	87
	16,249	17,412	16,821

Noncurrent liabilities
Provisions for pensions and other post-employment benefits	5,550	4,696	5,501
Other provisions	1,671	1,379	1,166
Financial liabilities	13,644	8,925	12,911
Other liabilities	504	649	501
Deferred taxes	4,347	3,698	3,866
	25,716	19,347	23,945
Current liabilities
Other provisions	4,087	3,599	3,754
Financial liabilities	2,309	6,010	1,287
Trade accounts payable	2,249	2,284	2,466
Income tax liabilities	127	129	56
Other liabilities	2,667	2,527	2,873
Liabilities directly related to assets held for sale and discontinued operations	-	129	176
	11,439	14,678	10,612

Total stockholders’ equity and liabilities	53,404	51,437	51,378