ZODIAC AEROSPACE - 2012/2013 ANNUAL REPORT

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CONSOLIDATED FINANCIAL STATEMENTS

(in thousands of euros)	Year ended Aug. 31, 2013	Year ended Aug. 31, 2012
Goodwill	1,568,750	1,502,792
Intangible assets	557,528	513,654
Property, plant and equipment	345,089	314,223
Investment in associates and joint ventures	670	536
Loans	145	387
Other non-current financial assets	14,822	14,911
Deferred tax assets	970	463
Total non-current assets	2,487,974	2,346,966
Inventories	859,001	783,113
Current tax assets	37,631	33,523
Trade receivables	738,435	655,631
Advances to suppliers and employees	13,868	10,529
Other current assets	20,662	17,857
Other financial assets:
- loans and other current financial assets	4,633	3,340
Cash and cash equivalents	156,840	161,802
Total current assets	1,831,070	1,665,795
Held for sale assets ⁽¹⁾	1,356	1,488

TOTAL ASSETS	4,320,400	4,014,249

⁽¹⁾ At Aug. 31, 2012, and Aug. 31, 2013, the amounts pertained to buildings held for sale.

98 • TRAVEL JOURNAL 2012 • 2013