| | Consolidated balance sheet as at 31 December 2004 in millions of euro
| | | | 2004 | | 2003 | | | | | | | | | | Fixed assets | | | | |  |  |  |  |  |  |  | Intangible fixed assets | 548 | | 819 | |  |  |  |  |  |  |  | Tangible fixed assets | 98 | | 116 | |  |  |  |  |  |  |  | Financial fixed assets | 44 | | 45 | |  |  |  |  |  |  | | | | | 690 | | 980 |  |  |  |  |  |  | | | Current assets | | | | |  |  |  |  |  |  |  | Receivables | 1,427 | | 1,331 | |  |  |  |  |  |  | | | Cash | 119 | | 137 | |  |  |  |  |  |  | | | | 1,546 | | 1,468 | |  |  |  |  |  |  |  | Current liabilities | - 1,057 | | - 1,020 | |  |  |  |  |  |  | | | | | 489 | | 448 |  |  |  |  |  |  | | | | | 1,179 | | 1,428 |  |  |  |  |  |  | | | Financed by: | | | | |  |  |  |  |  |  |  | Long-term liabilities | | 475 | | 557 |  |  |  |  |  |  |  | Provisions | | 41 | | 45 |  |  |  |  |  |  | | | Group equity | | | | |  |  |  |  |  |  | | | Shareholders' equity | 608 | | 766 | |  |  |  |  |  |  | | | Minority interests | 55 | | 60 | |  |  |  |  |  |  | | | | | 663 | | 826 |  |  |  |  |  |  | | | | | 1,179 | | 1,428 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
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