Question: Balance sheet relations Selected data based on the balance sheet amounts for Metso Corporation, a Finnish paper company for four recent years appear in the

Balance sheet relations Selected data based on the balance sheet amounts for Metso Corporation, a Finnish paper company for four recent years appear in the following table. Metso applies IFRS and reports its results in millions of euros (â‚¬). Compute the missing balance sheet amounts for each of the fouryears.

2007 2006 2005 2004 Current Assets 3,357 2,995 2,097 Noncurrent Assets . 1,973 Total Liabilities.. Total Assets . 3,904 Current Liabilities 1,466 2,610 1,802 Noncurrent Liabilities 1,109 957 2007 2004 2006 2005 Total Shareholders' Equity.. Contributed Capital.. Retained Earnings.... Total Liabilities and Shareholders' Equity. 1,292 711 634 910 553 361 5,254 Current Assets - Current Liabilities - 675. *Net income for 2006 is 252 and dividends are 66. Current Assets - Current Liabilities - 651.

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