Financial statements

Financial statements of JSW S.A. for 2012

	31 Dec 2012	31 Dec 2011
Assets
Non-current assets
Property, plant and equipment	5,892.5	5,185.4
Intangible assets	19.6	17.9
Investment property	23.1	-
Investments in subsidiaries, co-subsidiaries and associates	2,249.0	2,245.2
Deferred income tax assets	142.9	123.5
Other long-term assets	408.2	379.3
	8,735.3	7,951.3
Current assets
Inventories	475.6	297.1
Trade receivables and other receivables	1,005.2	1,020.5
Income tax overpaid	-	14.8
Financial derivatives	3.9	3.2
Other short-term financial assets	947.4	10.6
Cash and cash equivalents	1,245.6	2,358.9
	3,677.7	3,705.1
TOTAL ASSETS	12,413.0	11,656.4

	31 Dec 2012	31 Dec 2011
Equity
Share capital	1,251.9	1,260.9
Share premium account	905	905
Retained earnings	5,617.7	5,430.5
Total equity	7,774.6	7,596.4

Liabilities
Long-term liabilities
Employee benefit liabilities	1,943.0	1,663.9
Provisions	501.1	434.9
Trade liabilities and other liabilities	99.4	102.9
	2,543.5	2,201.7
Short-term liabilities
Financial derivatives	0.1	-
Current income tax liabilities	39.7	-
Employee benefit liabilities	247.4	219.7
Provisions	203.9	141.9
Trade liabilities and other liabilities	1,603.8	1,496.7
	2,094.9	1,858.3
Total liabilities	4,638.4	4,060.0
TOTAL EQUITY AND LIABILITIES	12,413.0	11,656.4