Consolidated statement of financial position

millions of €
	Note	Dec. 31, 2022	Dec. 31, 2021
Assets
Current assets		39,144	38,799
Cash and cash equivalents	1	5,767	7,617
Trade receivables	2	16,766	15,299
Contract assets	3	2,410	2,034
Current recoverable income taxes	32	213	321
Other financial assets	11	4,865	4,051
Inventories	4	2,639	2,855
Other assets	12	1,800	1,766
Non-current assets and disposal groups held for sale	5	4,683	4,856
Non-current assets		259,446	242,828
Intangible assets	6	140,600	132,647
Property, plant and equipment	7	65,729	61,770
Right-of-use assets	8	33,727	30,777
Capitalized contract costs	9	3,205	2,585
Investments accounted for using the equity method	10	1,318	938
Other financial assets	11	5,044	4,836
Deferred tax assets	32	8,316	7,906
Other assets	12	1,507	1,369
Total assets		298,590	281,627

millions of €
	Note	Dec. 31, 2022	Dec. 31, 2021
Liabilities
Current liabilities		45,389	38,803
Financial liabilities	13	14,389	12,243
Lease liabilities	13	5,126	5,040
Trade and other payables	14	12,035	10,452
Income tax liabilities	32	801	549
Other provisions	16	4,412	3,903
Other liabilities	17	3,412	3,584
Contract liabilities	18	1,868	1,668
Liabilities directly associated with non-current assets and disposal groups held for sale	5	3,347	1,365
Non-current liabilities		165,881	161,355
Financial liabilities	13	98,641	99,223
Lease liabilities	13	33,666	28,094
Provisions for pensions and other employee benefits	15	4,150	6,134
Other provisions	16	3,792	5,560
Deferred tax liabilities	32	22,800	19,809
Other liabilities	17	2,171	1,959
Contract liabilities	18	663	577
Liabilities		211,270	200,159
Shareholders’ equity	19	87,320	81,469
Issued capital		12,765	12,765
Treasury shares		(35)	(37)
		12,730	12,728
Capital reserves		61,532	63,773
Retained earnings including carryforwards		(34,489)	(36,358)
Total other comprehensive income		783	(1,641)
Net profit (loss)		8,001	4,176
Issued capital and reserves attributable to owners of the parent		48,558	42,679
Non-controlling interests		38,762	38,790
Total liabilities and shareholders’ equity		298,590	281,627