| Balance Sheet for Hellenic Telecommunications Organization S.A. (OTE) | | | | | | | Assets | in Millions of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Cash and Equivalents | 1,922 | 2,696 | 1,790 | 1,179 | 756 | | Marketable Securities | 66 | 48 | 39 | - | - | | Receivables | 1,716 | 1,587 | 1,248 | 1,293 | 1,652 | | Inventories | 294 | 270 | 151 | 179 | 189 | | Other Current Assets | 608 | 483 | 435 | 511 | 300 | | Total Current Assets | 4,635 | 5,093 | 3,742 | 3,161 | 2,913 | | | Gross Fixed Assets | 21,297 | 18,434 | 15,211 | 16,388 | 14,111 | | Accumulated Depreciation | (12,207) | (10,072) | (7,547) | (7,263) | (5,470) | | Net Fixed Assets | 9,090 | 8,362 | 7,664 | 9,125 | 8,641 | | Intangibles | 2,526 | 1,422 | 629 | 779 | 649 | | Other Non-Current Assets | 794 | 652 | 537 | 776 | 744 | | Total Non-Current Assets | 15,987 | 11,896 | 9,121 | 10,680 | 10,193 | | Total Assets | 20,622 | 16,988 | 12,863 | 13,841 | 13,106 | | | Liabilities | in Millions of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Accounts Payable | 1,378 | 1,248 | 839 | 1,147 | 1,160 | | Short Term Debt | 126 | 730 | 398 | 485 | 159 | | Other Current Liabilities | 1,767 | 1,383 | 628 | 148 | 536 | | Total Current Liabilities | 3,545 | 3,813 | 2,631 | 2,766 | 2,276 | | | Long Term Debt | 7,967 | 5,342 | 3,683 | 3,824 | 3,966 | | Deferred Income Tax | 600 | 246 | 43 | 131 | - | | Other Non-Current Liabilities | 1,615 | 1,505 | 1,519 | 1,102 | 1,102 | | Minority Interest | 1,257 | 1,428 | 1,147 | 1,382 | 1,248 | | Total Non-Current Liabilities | 11,439 | 8,520 | 6,392 | 6,439 | 6,316 | | Total Liabilities | 14,984 | 12,334 | 9,023 | 9,205 | 8,592 | | | Preferred Stock Equity | - | - | - | - | - | | Common Stock Equity | 5,637 | 4,655 | 3,840 | 4,636 | 4,514 | | Total Equity | 5,637 | 4,655 | 3,840 | 4,636 | 4,514 | | Total Liabilities & Stock Equity | 20,622 | 16,988 | 12,863 | 13,841 | 13,106 | | | |
