Company balance sheet (as at 31 December, before appropriation of profit)

€ million

Note

2021

2020

Assets

     

Non-current assets

     

Property, plant and equipment

37

220

 

232

 

Right-of-use assets

37

102

 

43

 

Intangible assets

38

68

 

68

 

Investments in subsidiaries and associates2

39

2.671

 

2.457

 

Other financial assets

40

2.649

 

2.654

 

Total non-current assets

  

5.710

 

5.454

      

Current assets

     

Other receivables

41

33

 

29

 

Receivables from subsidiaries

41

1.468

 

1.273

 

Cash and cash equivalents

42

619

 

292

 

Total current assets

  

2.120

 

1.594

      

Assets held for sale

  

-

 

3

      

Total assets

  

7.830

 

7.051

      

Equity and liabilities

     

Equity

43

    

Share capital

 

684

 

684

 

Share premium

 

671

 

671

 

Subordinated perpetual bond loan1

 

495

 

495

 

Hedge reserve1

 

-2

 

-2

 

Other reserves

 

2.380

 

2.256

 

Result for the year

 

242

 

224

 

Total equity

  

4.470

 

4.328

      

Liabilities

     

Non-current liabilities

     

Interest-bearing debt

44

2.626

 

2.474

 

Lease liabilities

45

88

 

28

 

Provisions2

46

34

 

30

 

Total non-current liabilities

  

2.748

 

2.532

      

Short-term liabilities

     

Current and accrued liabilities

47

595

 

176

 

Lease liabilities

45

17

 

15

 

Derivatives

48

-

 

-

 

Total short-term liabilities

  

612

 

191

      

Total liabilities

  

3.360

 

2.723

      

Total equity and liabilities

  

7.830

 

7.051

  • 1 The hedge reserve and the subordinated perpetual bond loan are not freely distributable.
  • 2 The figures for 2020 have been adjusted for comparison purposes.