Exhibit 99.1
INGERSOLL-RAND COMPANY LIMITED
Condensed Consolidated Balance Sheet
(In millions)
UNAUDITED
			September 30,	December
			2004	31, 2003
ASSETS
Current assets:
	Cash and cash equivalents		$          440.7	$       417.2
	Accounts and notes receivable, net		1,577.8	1,403.0
	Inventories		1,026.5	858.0
	Prepaid expenses and deferred income taxes		285.7	286.8
	Assets held for sale		858.9	1,060.0
		Total current assets	4,189.6	4,025.0
	Property, plant and equipment, net		997.1	1,066.0
	Goodwill		4,126.1	4,154.2
	Intangible assets, net		637.3	632.0
	Other assets		819.6	787.7
		Total assets	$     10,769.7	$   10,664.9
LIABILITIES AND EQUITY
Current liabilities:
	Accounts payable		$          658.8	$       620.3
	Accrued expenses and other current liabilities		1,251.6	1,282.4
	Loans payable		621.7	797.0
	Liabilities held for sale		350.9	438.9
		Total current liabilities	2,883.0	3,138.6
	Long-term debt		1,356.4	1,518.4
	Other noncurrent liabilities		1,611.3	1,514.6
			5,850.7	6,171.6
Shareholders' equity:
	Common stock		176.7	174.5
	Other shareholders' equity		5,004.8	4,589.3
	Accumulated other comprehensive income		(262.5)	(270.5)
		Total shareholders' equity	4,919.0	4,493.3
		Total liabilities and equity	$     10,769.7	$   10,664.9
SEE ATTACHED RELEASE FOR ADDITIONAL INFORMATION