Consolidated Balance Sheet

As at 31 December 2006

Consolidated Balance Sheet
US$mNotes 20062005
Assets
Non-current assets
Intangible assets14, 157,7671,430
Property, plant and equipment1630,0878,086
Biological assets1715 13
Inventories1875 71
Trade and other receivables1984 57
Investments in associates20179 44
Available-for-sale financial assets221602,325
Derivative financial assets2357 9
Other financial assets24299 56
Pension asset355 3
Prepayments23 15
Deferred tax assets1122 7
38,77312,116
Current assets
Inventories183,540 891
Trade and other receivables192,8261,138
Derivative financial assets2311 17
Other financial assets242 34
Prepayments204 99
Cash and cash equivalents251,860 524
8,4432,703
Total assets47,21614,819
Consolidated Balance Sheet
US$m Notes 2006 2005
Equity and liabilities
Capital and reserves - attributable to equity holders of Xstrata plc
Issued capital26471 316
Share premium269,5222,500
Own shares26(154)(616)
Convertible borrowings - equity component26, 2978 119
Other reserves264,5823,054
Retained earnings264,5032,192
19,0027,565
Minority interests26720 572
Total equity19,7228,137
Non-current liabilities
Trade and other payables2769 10
Interest-bearing loans and borrowings2812,9461,533
Convertible borrowings29525 858
Derivative financial liabilities30172 61
Provisions311,890 457
Pension deficit35140 24
Deferred tax liabilities115,1241,339
Other liabilities3216 10
20,8824,292
Current liabilities
Trade and other payables273,110 946
Interest-bearing loans and borrowings281,990 744
Derivative financial liabilities3078 233
Provisions31289 114
Income taxes payable1,104 342
Other liabilities3241 11
6,6122,390
Total liabilities 27,4946,682
Total equity and liabilities 47,21614,819

The financial statements on pages 143 to 250 were approved by the Board of Directors on 20 March 2007 and signed on its behalf by:

Trevor Reid
Chief Financial Officer