HOCHTIEF Annual report 2008 - Reference Information

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		2003	2004	2005*	2006	2007

Assets
Intangible assets	Mio. EUR	212	297	330	397	505
Property, plant and equipment	Mio. EUR	634	666	682	752	1.028
Investment properties	Mio. EUR	237	234	207	46	41
Financial assets	Mio. EUR	882	959	913	951	2.018
Other non-current assets	Mio. EUR	450	383	248	267	666
Non-current assets	Mio. EUR	2.415	2.539	2.380	2.413	4.258
As % of total assets		32,6	34,9	29,5	28,9	40,0
Inventories	Mio. EUR	30	49	35	73	120
Receivables and other assets	Mio. EUR	2.622	2.935	3.622	3.542	4.110
Marketable securities and cash and cash equivalents	Mio. EUR	2.332	1.762	2.024	2.328	2.169
Current assets	Mio. EUR	4.984	4.746	5.681	5.943	6.399
As % of total assets		67,4	65,1	70,5	71,1	60,0
Total assets	Mio. EUR	7.399	7.285	8.061	8.356	10.657

Liabilities and Shareholders' Equity
Attributable to the Group	Mio. EUR	1.588	1.549	1.665	1.808	2.298
Minority interest	Mio. EUR	387	356	537	538	703
Shareholders' equity	Mio. EUR	1.975	1.905	2.202	2.346	3.001
As % of total assets		26,7	26,1	27,3	28,0	28,2
As % of non-current assets		81,8	75,0	92,5	97,2	70,5
Non-current provisions	Mio. EUR	686	512	365	230	345
Non-current financial liabilities	Mio. EUR	857	702	831	772	1.324
Other non-current liabilities	Mio. EUR	50	71	96	82	162
Non-current liabilities	Mio. EUR	1.593	1.285	1.292	1.084	1.831
As % of total assets		21,5	17,6	16,0	13,0	17,2
Current provisions	Mio. EUR	590	578	644	789	755
Current financial liabilities	Mio. EUR	390	472	257	272	643
Other current liabilities	Mio. EUR	2.851	3.045	3.666	3.865	4.427
Current liabilities	Mio. EUR	3.831	4.095	4.567	4.926	5.825
As % of total assets	Mio. EUR	51,8	56,3	56,7	59,0	54,6
Total liabilities and shareholders' equity	Mio. EUR	7.399	7.285	8.061	8.356	10.657

Property, plant and equipment ratio³	in %	8,6	9,1	8,5	9,0	9,6
Capital expenditure, including acquisitions total	Mio. EUR	370	678	574	1.044	1.774
Of total: Intangible assets	Mio. EUR	20	12	11	11	6
Of total: Property, plant and equipment	Mio. EUR	243	427	486	727	697
Of total: Investment properties	Mio. EUR	1	1	-	-	-
Of total: Financial assets	Mio. EUR	106	238	77	306	1.071
Capital expenditure ratio⁴	in %	12,5	20,1	20,7	31,0	25,0
Depreciation and amortization ratio⁵	in %	87,9	59,7	57,8	44,0	44,4

Receivables turnover⁶		4,3	4,7	4,5	4,6	4,7
Total assets turnover⁷		1,4	1,6	1,8	1,9	1,7

Net financial assets	Mio. EUR	1.153	676	1.033	1.387	323

Return on capital has been measured using RONA since 2005. The 2004 figures are adjusted to the new measurement system for comparison purposes.
Free cash flow: Net cash provided by operating activities and net cash used for investing activities.
Property, plant and equipment ratio: Property, plant and equipment as a percentage of total assets.
Capital expenditure ratio: Capital expenditure on intangible assets, property, plant and equipment and investment properties as a percentage of comulative cost of acquisition.
Depreciation and amortization ratio: Depreciation and amortization as a percentage of intangible assets, property, plant and equipment and investment properties.
Receivables turnover: Ratio of external sales to average trade receivables.
Total assets turnover: Ratio of external sales to average total assets.