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

€ million

Note

2023

2022

Assets

         

Non-current assets

         

Property, plant and equipment

37

248

 

235

 

Right-of-use assets

37

111

 

104

 

Intangible assets

38

68

 

68

 

Investments in subsidiaries and associates

39

3,244

 

2,788

 

Other financial assets

40

2,592

 

2,607

 

Total non-current assets

   

6,263

 

5,802

           

Current assets

         

Other receivables

41

56

 

62

 

Current financial assets

41

-

 

27

 

Receivables from subsidiaries

41

2,621

 

2,179

 

Cash and cash equivalents

42

240

 

202

 

Total current assets

   

2,917

 

2,470

           

Assets held for sale

   

2

 

2

           

Total assets

   

9,182

 

8,274

           

Equity and liabilities

         

Equity

43

       

Share capital

 

684

 

684

 

Share premium

 

671

 

671

 

Subordinated perpetual bond loan1

 

495

 

495

 

Hedge reserve1

 

5

 

5

 

Other reserves

 

2,627

 

2,517

 

Result for the year

 

267

 

198

 

Total equity

   

4,749

 

4,570

           

Liabilities

         

Long-term liabilities

         

Interest-bearing debt

44

3,137

 

2,999

 

Lease liabilities

45

94

 

89

 

Revenue recieved in advance

46

2

 

-

 

Provisions

47

20

 

23

 

Total long-term liabilities

   

3,253

 

3,111

           

Short-term liabilities

         

Current and accrued liabilities

48

1,157

 

573

 

Lease liabilities

45

20

 

18

 

Total short-term liabilities

   

1,177

 

591

           

Total liabilities

   

4,430

 

3,702

           

Liabilities held for sale

   

3

 

2

           

Total equity and liabilities

   

9,182

 

8,274

  • 1The subordinated perpetual bond loan and the hedge reserve are not freely distributable.