Consolidated statement of financial position

as of December 31, in million €	Note	2009	2008
Cash and cash equivalents	13	420	370
Trade accounts receivable, less allowance for doubtful accounts	14	2,509	2,477
Accounts receivable from and loans to related parties		26	22
Inventories	15	1,235	1,127
Other current assets	16	893	773
Deferred taxes	11	280	309
I. Total current assets		5,363	5,078
Property, plant and equipment	17	3,559	3,420
Goodwill	18	10,356	10,379
Other intangible assets	18	1,053	1,078
Other non-current assets	16	436	433
Deferred taxes	11	115	156
II. Total non-current assets		15,519	15,466
Total assets		20,882	20,544

as of December 31, in million €	Note	2009	2008
Trade accounts payable		601	598
Short-term accounts payable to related parties		7	6
Short-term accrued expenses and other short-term liabilities	19, 20	2,197	2,129
Short-term debt	21	287	729
Short-term loans from related parties		2	2
Current portion of long-term debt and capital lease obligations	21	261	431
Current portion of Senior Notes	22	0	100
Short-term accruals for income taxes		122	104
Deferred taxes	11	51	70
A. Total short-term liabilities		3,528	4,169
Long-term debt and capital lease obligations, less current portion	21	5,228	5,716
Senior Notes, less current portion	22	2,066	1,354
Mandatory Exchangeable Bonds	23	554	554
Long-term accrued expenses and other long-term liabilities	19, 20	481	475
Trust preferred securities of Fresenius Medical Care Capital Trusts	24	455	455
Pension liabilities	25	309	282
Long-term accruals for income taxes		194	147
Deferred taxes	11	415	449
B. Total long-term liabilities		9,702	9,432
I. Total liabilities		13,230	13,601
A. Noncontrolling interest	26	3,382	3,033
Subscribed capital	27	161	161
Capital reserve	27	2,073	2,048
Other reserves	27	2,183	1,803
Accumulated other comprehensive loss	28	- 147	- 102
B. Total Fresenius SE shareholders’ equity		4,270	3,910
II. Total shareholders’ equity		7,652	6,943
Total liabilities and shareholders’ equity		20,882	20,544