Euro Disney S C A (ERDBF) 6-K Current Report of Foreign Issuer

EXHIBIT 1

EURO DISNEY S.C.A. Group

Fiscal Year 2005 Results Announcement

SUMMARY CONSOLIDATED BALANCE SHEETS

(€ in millions)	September 2005		September 2004		Change
Tangible and Intangible assets	2,350.8		2,396.3		(45.5	)
Financial Assets	11.3		115.3		(104.0	)
Cash and Short-term Investments	290.9		131.4		159.5
Other Assets	193.0		174.0		19.0
Deferred Charges	48.1		59.6		(11.5	)
Total Assets	2,894.1		2,876.6		17.5
Share Capital and Share Premium	1,481.5		1,246.5		235.0
Accumulated Deficit	(1,185.8	)	(1,306.4	)	120.6
Shareholders’ Equity (Deficit)	295.7		(59.9	)	355.6
Minority Interests	106.3		339.6		(233.3	)
Provisions for Risks and Charges	96.9		98.2		(1.3	)
Borrowings	1,943.4		2,052.8		(109.4	)
Current Liabilities and Deferred Revenues	451.8		445.9		5.9
Total Shareholders’ Equity and Liabilities	2,894.1		2,876.6		17.5

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