Consolidated balance sheet

€ million	Note	2017		2016
Assets
Non-current assets
Property, plant and equipment	3	6,793		6,529
Intangible assets	4	317		319
Investments in associates and joint ventures	5	3		9
Available-for-sale financial assets	6	193		224
Other financial assets	7	41		38
Deferred tax assets	17	205		216
			7,552		7,335

Current assets
Inventories	9	74		64
Trade and other receivables	10	342		273
Other financial assets	6, 7	-		15
Cash and cash equivalents	11	101		48
			517		400

Total assets			8,069		7,735

Equity and liabilities
Equity	12
Share capital		684		684
Share premium		671		671
Subordinated perpetual bond loan		496		496
Revaluation reserve		38		46
Other reserves		1,850		1,685
Result for the year		203		282
Total equity			3,942		3,864

Liabilities
Non-current liabilities
Interest-bearing debt	13	1,553		1,483
Finance lease liabilities	19	150		168
Deferred income	14	1,629		1,597
Provisions for employee benefits	15	49		50
Deferred tax liabilities	17	5		5
Other provisions	16	7		5
			3,393		3,308

Short-term liabilities
Trade and other payables	18	133		122
Tax liabilities		80		63
Interest-bearing debt	13	231		81
Provisions for employee benefits	15	33		46
Accruals	8, 18	257		251
			734		563

Total liabilities			4,127		3,871


Equity and liabilities			8,069		7,735

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