Half Year Report 2012

Adecco Group –
Consolidated balance sheets
in millions, except share and per share information

Download xls sheet


As of (in EUR)


Note

30.06.2012 (unaudited)

31.12.2011

 

 

 

 

Assets

 

 

 

Current assets:

 

 

 

• Cash and cash equivalents

 

447

532

• Short-term investments

 

2

2

• Trade accounts receivable, net

 

3,914

3,725

• Other current assets

 

403

424

Total current assets

 

4,766

4,683

 

 

 

 

Property, equipment, and leasehold improvements, net

 

311

313

Other assets

 

331

310

Intangible assets, net

2

603

593

Goodwill

2

3,572

3,455

 

 

 

 

Total assets

 

9,583

9,354

 

 

 

 

Liabilities and shareholders’ equity

 

 

 

Liabilities

 

 

 

Current liabilities:

 

 

 

• Accounts payable and accrued expenses

 

3,548

3,545

• Short-term debt and current maturities of long-term debt

3

551

236

Total current liabilities

 

4,099

3,781

 

 

 

 

Long-term debt, less current maturities

3

1,142

1,190

Other liabilities

 

528

572

 

 

 

 

Total liabilities

 

5,769

5,543

 

 

 

 

Shareholders’ equity

 

 

 

Adecco shareholders’ equity:

 

 

 

• Common shares

 

118

118

• Additional paid-in capital

4

2,196

2,459

• Treasury shares, at cost

4

(706)

(706)

• Retained earnings

 

2,301

2,080

• Accumulated other comprehensive income/(loss), net

4

(98)

(143)

Total Adecco shareholders’ equity

 

3,811

3,808

Noncontrolling interests

 

3

3

Total shareholders’ equity

 

3,814

3,811

 

 

 

 

Total liabilities and shareholders’ equity

 

9,583

9,354

The accompanying notes are an integral part of these consolidated financial statements.