true value for candidates
true value for candidates
If there is an industry that is truly a people business, it must be HR services. Enabling people to make the most of their abilities and help them find their way in the world of work is what our consultants do every day.

consolidated balance sheet at December 31

The notes in the section notes to the consolidated financial statements are an integral part of these consolidated financial statements.

in millions of € note   Randstad Annual Report 2008 2008 Randstad Annual Report 2008   Randstad Annual Report 2008 2007
         
Assets         
         
Property, plant and equipment 17 190.5   135.7  
Intangible assets 18 3,315.2   433.3  
Deferred income tax assets 19 422.0   282.5  
Financial assets 20 74.0   10.2  
Associates 21 2.0   480.9   
         
Non-current assets   4,003.7   1,342.6
         
Trade and other receivables 22 2,820.4   1,570.4  
Income tax receivables 19 67.7   20.1  
Cash and cash equivalents 23 831.0   384.1  
         
Current assets   3,719.1   1,974.6
               
Total assets 24    7,722.8     3,317.2
         
         
             
         
Equity and liabilities        
         
Issued capital 25 19.5   11.7  
Share premium 25 2,013.9   432.6  
Reserves 25 383.5   577.3  
         
Shareholders’ equity 2,416.9   1,021.6  
         
Minority interests 25 4.0   0.8  
         
Group equity   2,420.9   1,022.4
         
Preferred shares 26 -   165.8  
Borrowings 27 2,401.9   460.0  
Deferred income tax liabilities 19 341.9   287.3  
Provisions 28 69.4   46.7  
Other liabilities 29 124.1   -  
         
Non-current liabilities 2,937.3   959.8  
           
Trade and other payables 30 2,148.4   1,168.1   
Income tax liabilities 19 41.6   57.5  
Borrowings 27 70.1   68.3  
Provisions 28 104.5   41.1  
         
Current liabilities 2,364.6   1,335.0  
         
Liabilities 31   5,301.9    2,294.8
               
Total equity and liabilities       7,722.8       3,317.2