CONSOLIDATED BALANCE SHEET (€) Note 31.12.2014 31.12.2013
ASSETS
Non-current assets
Intangible assets 12 101,884,592 91,267,725
Goodwill on consolidation 564,881 1,864,171
Tangible assets 12 1,100,602,606 1,112,424,611
Investments 13
Holdings in associated companies 6,204,476 6,406,190
Other investments 32,532,240 28,237,923
Non-current assets, total 1,241,788,795 1,240,200,619
Current assets
Inventories 14 97,779,138 95,252,629
Deferred tax assets 15 2,761,184 2,253,430
Long-term receivables 15 209,477 465,089
Short-term receivables 15 203,241,508 205,189,019
Financial securities 16 282,138,765 243,806,938
Cash and cash equivalents 48,857,315 21,486,691
Current assets, total 634,987,387 568,453,795
ASSETS TOTAL 1,876,776,182 1,808,654,414
EQUITY AND LIABILITIES
Equity 17
Share capital 370,013,438 370,013,438
Statutory reserve 525,808,152 525,808,152
Retained earnings 563,484,483 528,102,045
Net profit for the year 67,575,991 65,310,131
Equity, total 1,526,882,063 1,489,233,766
Minority interest 5,087,931 5,166,120
Provisions 18 7,943,479 8,539,994
Liabilities
Deferred tax liabilities 18 80,290,981 70,036,861
Long-term liabilities 19 404,507 691,667
Short-term liabilities 19 256,167,221 234,986,006
Liabilities, total 336,862,709 305,714,534
EQUITY AND LIABILITIES TOTAL 1,876,776,182 1,808,654,414