Assets

   
€m

31 Dec. 2020

31 Dec. 2021

Non-current assets
   
Intangible assets
   
Goodwill

8,588.8

8,164.7

Other intangible assets

361.2

206.9

 

8,950.0

8,371.6

Property, plant and equipment
   
Land and buildings

6,500.7

6,866.8

Plant and machinery

4,616.3

4,511.6

Other operating equipment

860.9

869.7

Prepayments and assets under construction

835.2

1,382.7

 

12,813.1

13,630.8

Financial assets
   
Investments in joint ventures

1,230.8

1,281.1

Investments in associates

540.5

583.5

Financial investments

78.2

148.7

Loans

103.3

92.9

Derivative financial instruments

39.6

16.6

 

1,992.4

2,122.7

Fixed assets

23,755.6

24,125.1

Deferred taxes

343.2

262.9

Other non-current receivables

898.9

1,151.2

Non-current income tax assets

25.6

29.0

Total non-current assets

25,023.2

25,568.2

     
Current assets
   
Inventories
   
Raw materials and consumables

882.5

1,112.1

Work in progress

295.1

261.6

Finished goods and goods for resale

784.5

819.7

Prepayments

9.3

18.1

 

1,971.3

2,211.4

Receivables and other assets
   
Current interest-bearing receivables

85.9

76.4

Trade receivables

1,562.4

1,837.3

Other current operating receivables

597.8

534.5

Current income tax assets

80.6

147.5

 

2,326.6

2,595.6

Short-term financial investments    
Derivative financial instruments

114.4

95.2

Cash and cash equivalents

2,857.2

3,115.1

Total current assets

7,269.6

8,017.3

Assets held for sale

42.5

125.4

Balance sheet total

32,335.3

33,710.9

 

Equity and liabilities

   
€m

31 Dec. 2020

31 Dec. 2021

Shareholders’ equity and non-controlling interests
   
Subscribed share capital

595.2

595.2

Share premium

6,225.4

6,225.4

Retained earnings

8,527.8

10,015.7

Other components of equity

-2,077.7

-1,049.4

Treasury shares  

-349.8

Equity attributable to shareholders

13,270.8

15,437.2

Non-controlling interests

1,277.6

1,222.3

Total equity

14,548.4

16,659.4

     
Non-current liabilities
   
Bonds payable

7,131.5

5,363.6

Bank loans

660.2

262.4

Other non-current interest-bearing liabilities

924.0

906.8

Non-controlling interests with put options

25.8

 
 

8,741.5

6,532.8

     
Pension provisions

1,027.4

908.1

Deferred taxes

584.6

832.1

Other non-current provisions

1,152.0

1,503.0

Other non-current operating liabilities

221.4

50.6

Non-current income tax liabilities

181.9

178.6

 

3,167.2

3,472.4

Total non-current liabilities

11,908.7

10,005.2

     
Current liabilities
   
Bonds payable (current portion)

577.0

806.3

Bank loans (current portion)

181.9

474.0

Other current interest-bearing liabilities

353.3

333.3

Non-controlling interests with put options

50.3

79.9

 

1,162.5

1,693.5

     
Pension provisions (current portion)

92.2

90.5

Other current provisions

226.9

322.3

Trade payables

2,611.0

3,180.4

Other current operating liabilities

1,527.9

1,541.9

Current income tax liabilities

240.5

192.8

 

4,698.5

5,327.9

Total current liabilities

5,861.0

7,021.4

     
Liabilities associated with assets held for sale

17.1

24.9

Total liabilities

17,786.8

17,051.5

Balance sheet total

32,335.3

33,710.9