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

€ million	Note	2024		2023
Assets
Non-current assets
Property, plant and equipment	37	268		248
Right-of-use assets	37	122		111
Intangible assets	38	68		68
Investments in subsidiaries and associates	39	4,149		3,244
Other financial assets	40	4,707		2,592
Total non-current assets			9,314		6,263

Current assets
Other receivables	41	114		56
Current financial assets	41	-		-
Receivables from subsidiaries	41	383		2,621
Cash and cash equivalents	42	493		240
Total current assets			990		2,917

Assets held for sale			-		2

Total assets			10,304		9,182

Equity and liabilities
Equity	43
Share capital		684		684
Share premium		671		671
Subordinated perpetual bond loan¹		990		495
Hedge reserve¹		4		5
Other reserves		2,713		2,627
Result for the year		976		267
Total equity			6,038		4,749

Liabilities
Long-term liabilities
Interest-bearing debt	44	3,873		3,137
Lease liabilities	45	103		94
Revenue recieved in advance	46	2		2
Provisions	47	18		20
Total long-term liabilities			3,996		3,253

Short-term liabilities
Current and accrued liabilities	48	247		1,157
Lease liabilities	45	22		20
Total short-term liabilities			269		1,177

Total liabilities			4,265		4,430

Liabilities held for sale			-		3

Total equity and liabilities			10,303		9,182

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