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

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