Consolidated balance sheet
€ million | Note | 2021 | 2020 | ||
Assets | |||||
Non-current assets | |||||
Property, plant and equipment | 3 | 8.501 | 7.958 | ||
Right-of-use assets | 3 | 120 | 66 | ||
Intangible assets | 4 | 320 | 343 | ||
Investments in associates and joint ventures | 5 | 17 | 6 | ||
Investments in bonds | 6 | - | 147 | ||
Other financial assets | 7 | 60 | 66 | ||
Deferred tax assets | 17 | 149 | 159 | ||
Total non-current assets | 9.167 | 8.745 | |||
Current assets | |||||
Inventories | 9 | 63 | 69 | ||
Trade and other receivables | 10 | 339 | 307 | ||
Cash and cash equivalents | 11 | 624 | 298 | ||
Total current assets | 1.026 | 674 | |||
Assets held for sale | 33 | 16 | 3 | ||
Total assets | 10.209 | 9.422 | |||
Equity and liabilities | |||||
Equity | 12 | ||||
Share capital | 684 | 684 | |||
Share premium | 671 | 671 | |||
Subordinated perpetual bond loan | 495 | 495 | |||
Hedge reserve | -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 | 13 | 2.630 | 2.479 | ||
Lease liabilities | 19 | 102 | 199 | ||
Deferred income | 14 | 1.906 | 1.837 | ||
Provisions for employee benefits | 15 | 28 | 29 | ||
Deferred tax liabilities | 17 | - | 1 | ||
Other provisions | 16 | 28 | 30 | ||
Total non-current liabilities | 4.694 | 4.575 | |||
Short-term liabilities | |||||
Trade and other payables | 18 | 152 | 145 | ||
Tax liabilities | 92 | 88 | |||
Interest-bearing debt | 13 | 481 | 8 | ||
Lease liabilities | 19 | 21 | 18 | ||
Provisions for employee benefits | 15 | 38 | 36 | ||
Accruals | 8, 18 | 252 | 224 | ||
Total short-term liabilities | 1.036 | 519 | |||
Total liabilities | 5.730 | 5.094 | |||
Liabilities held for sale | 9 | - | |||
Total equity and liabilities | 10.209 | 9.422 |