The balance sheet shows the assets, liabilities, and equity of XYZ Corp. for the periods ending December 31, 2005, 2004, and 2003. Total assets grew from €174 million in 2003 to €208 million in 2005, with increases in current assets like cash, receivables, and inventory. Total liabilities were €97 million in 2005, up from €84 million in 2003, with higher current and long-term liabilities. Stockholder equity increased from €90 million to €111 million over the period, with retained earnings growing from €116 million to €163 million.