EXHIBIT 99.1
INGERSOLL-RAND COMPANY, LIMITED
Condensed Consolidated Balance Sheet
(In millions)
UNAUDITED
			December 31,	December 31,
			2004	2003
ASSETS
Current assets:
	Cash and cash equivalents		$       1,703.7	$          417.2
	Accounts and notes receivable, net		1,498.4	1,403.0
	Inventories		1,058.8	858.0
	Prepaid expenses and deferred income taxes		365.4	286.8
	Assets held for sale		-	1,051.6
		Total current assets	4,626.3	4,016.6
	Property, plant and equipment, net		1,013.2	1,066.0
	Goodwill		4,222.1	4,162.6
	Intangible assets, net		618.2	632.0
	Other assets		772.5	787.7
		Total assets	$     11,252.3	$     10,664.9
LIABILITIES AND EQUITY
Current liabilities:
	Accounts payable		$          684.0	$          620.3
	Accrued expenses and other current liabilities		1,377.8	1,282.4
	Loans payable		612.8	797.0
	Liabilities held for sale		-	438.9
		Total current liabilities	2,674.6	3,138.6
	Long-term debt		1,267.6	1,518.4
	Other noncurrent liabilities		1,576.3	1,514.6
			5,518.5	6,171.6
Shareholders' equity:
	Common stock		178.4	174.5
	Other shareholders' equity		5,492.6	4,589.3
	Accumulated other comprehensive income		62.8	(270.5)
		Total shareholders' equity	5,733.8	4,493.3
		Total liabilities and equity	$     11,252.3	$     10,664.9
SEE ATTACHED RELEASE FOR ADDITIONAL INFORMATION