Consolidated balance sheet

€ million

Note

2016

2015

Assets

     

Non-current assets

     

Property, plant and equipment

3

6,529

 

5,899

 

Intangible assets

4

319

 

280

 

Investments in associates and joint ventures

5

9

 

9

 

Available-for-sale financial assets

6

224

 

229

 

Other financial assets

7

38

 

42

 

Deferred tax assets

17

216

 

248

 
   

7,335

 

6,707

      

Current assets

     

Inventories

9

64

 

54

 

Trade and other receivables

10

273

 

238

 

Other financial assets

6, 7

15

 

25

 

Cash and cash equivalents

11

48

 

89

 
   

400

 

406

      

Assets held for sale

33

 

-

 

613

      

Total assets

  

7,735

 

7,726

      

Equity and liabilities

     

Equity

12

    

Share capital

 

684

 

684

 

Share premium

 

671

 

671

 

Subordinated perpetual bond

 

496

 

496

 

Revaluation reserve

 

46

 

53

 

Other reserves

 

1,685

 

1,548

 

Result for the period

 

282

 

235

 

Total equity

  

3,864

 

3,687

      

Liabilities

     

Non-current liabilities

     

Interest-bearing debt

13

1,483

 

1,197

 

Finance lease liabilities

19

168

 

162

 

Deferred income

14

1,597

 

1,559

 

Provisions for employee benefits

15

50

 

49

 

Deferred tax liabilities

17

5

 

-

 

Other provisions

16

5

 

3

 
   

3,308

 

2,970

      

Short-term liabilities

     

Trade and other payables

18

122

 

133

 

Tax liabilities

 

63

 

101

 

Interest-bearing debt

13

81

 

471

 

Provisions for employee benefits

15

46

 

53

 

Accruals

 

251

 

216

 
   

563

 

974

      

Liabilities held for sale

  

-

 

95

Total liabilities

  

3,871

 

4,039

      
      

Equity and liabilities

  

7,735

 

7,726