Advance payments made

CUSTOMER PROJECTS

GLOBAL SERVICES/ACTIVITIES

CONSOLIDATED FINANCIAL STATEMENTS 2005 OF THE ANDRITZ GROUP

Independent Auditors' Report

Consolidated Balance Sheet

Consolidated Income Statement

Consolidated Cash Flow Statement

Consolidated Statement of Shareholders' Equity

Notes to the Consolidated Financial Statements

B. Summary of significant Accounting Policies

Other Contingencies

C. Acquisitions

D. Accounting and Valuation Principles

F. Contingencies

G. Notes to the Consolidated Balance Sheet

Changes in intangible and tangible assets

Advance payments made

Trade Accounts Receivable

Construction contracts

Other Receivables

Retained Earnings

Employee Benefit Obligations

Statement of Liabilities

Other Liabilities

H. Notes to the Consolidated Income Statement

I. Segment Information

J. Notes to Consolidated Cash Flow Statements

K. Financial Instruments

N. Contingent Liabilities

O. Related Party Transactions

P. List of Consolidated Subsidiaries

REPORT OF THE SUPERVISORY BOARD OF ANDRITZ AG

ADDITIONAL INFORMATION

LEGAL INFORMATION

G. Notes to the Consolidated Balance Sheet		CONSOLIDATED FINANCIAL STATEMENTS 2005 OF THE ANDRITZ GROUP

Advance payments made		Notes to the Consolidated Financial Statements

Advance payments made

The advance payments made and presented in the balance sheet relate to open purchase orders for contracts.