Consolidated balance sheet
€ million | Note | 2016 | 2015 | ||
Assets | |||||
Non-current assets | |||||
Property, plant and equipment | 6,529 | 5,899 | |||
Intangible assets | 319 | 280 | |||
Investments in associates and joint ventures | 9 | 9 | |||
Available-for-sale financial assets | 224 | 229 | |||
Other financial assets | 38 | 42 | |||
Deferred tax assets | 216 | 248 | |||
7,335 | 6,707 | ||||
Current assets | |||||
Inventories | 64 | 54 | |||
Trade and other receivables | 273 | 238 | |||
Other financial assets | 15 | 25 | |||
Cash and cash equivalents | 48 | 89 | |||
400 | 406 | ||||
Assets held for sale | - | 613 | |||
Total assets | 7,735 | 7,726 | |||
Equity and liabilities | |||||
Equity | |||||
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 | 1,483 | 1,197 | |||
Finance lease liabilities | 168 | 162 | |||
Deferred income | 1,597 | 1,559 | |||
Provisions for employee benefits | 50 | 49 | |||
Deferred tax liabilities | 5 | - | |||
Other provisions | 5 | 3 | |||
3,308 | 2,970 | ||||
Short-term liabilities | |||||
Trade and other payables | 122 | 133 | |||
Tax liabilities | 63 | 101 | |||
Interest-bearing debt | 81 | 471 | |||
Provisions for employee benefits | 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 |