Consolidated STATEMENT OF FINANCIAL POSITION

(in thousands of euros)Year ended Aug. 31, 2014Year ended Aug. 31, 2013
Goodwill1,779,3091,568,750
Intangible assets619,099557,528
Property, plant and equipment396,241345,089
Investment in associates and joint ventures1,427670
Loans10,053145
Other non-current financial assets14,07514,822
Deferred tax assets1,227970
Total non-current assets2,821,4312,487,974
Inventories1,008,262859,001
Current tax assets76,66547,512
Trade receivables897,394738,435
Advances to suppliers and employees12,54913,868
Other current assets30,47020,662
Other financial assets:
- loans and other current financial assets1,3094,633
Cash and cash equivalents166,731156,840
Total current assets2,193,3801,840,951
Held-for-sale assets(1)9,7601,356
TOTAL ASSETS5,024,5714,330,281

(1) At August 31, 2013 and August 31, 2014, the amounts pertained to buildings held for sale.



102 TRAVEL JOURNAL 2013/2014