Consolidated statement of financial position

millions of €
	Note	Dec. 31, 2023	Dec. 31, 2022
Assets
Current assets		36,363	39,144
Cash and cash equivalents	1	7,274	5,767
Trade receivables	2	16,157	16,766
Contract assets	3	2,426	2,410
Current recoverable income taxes	32	214	213
Other financial assets	11	5,453	4,865
Inventories	4	2,419	2,639
Other assets	12	2,210	1,800
Non-current assets and disposal groups held for sale	5	211	4,683
Non-current assets		253,942	259,446
Intangible assets	6	136,004	140,600
Property, plant and equipment	7	65,042	65,729
Right-of-use assets	8	32,826	33,727
Capitalized contract costs	9	3,511	3,205
Investments accounted for using the equity method	10	4,605	1,318
Other financial assets	11	4,140	5,044
Deferred tax assets	32	6,401	8,316
Other assets	12	1,413	1,507
Total assets		290,305	298,590

millions of €
	Note	Dec. 31, 2023	Dec. 31, 2022
Liabilities and shareholders’ equity
Current liabilities		36,065	45,389
Financial liabilities	13	9,620	14,389
Lease liabilities	13	5,649	5,126
Trade and other payables	14	10,916	12,035
Income tax liabilities	32	683	801
Other provisions	16	3,835	4,412
Other liabilities	17	3,444	3,412
Contract liabilities	18	1,919	1,868
Liabilities directly associated with non-current assets and disposal groups held for sale	5	0	3,347
Non-current liabilities		163,003	165,881
Financial liabilities	13	94,903	98,641
Lease liabilities	13	35,144	33,666
Provisions for pensions and other employee benefits	15	4,060	4,150
Other provisions	16	4,265	3,792
Deferred tax liabilities	32	21,918	22,800
Other liabilities	17	1,872	2,171
Contract liabilities	18	840	663
Liabilities		199,068	211,270
Shareholders’ equity	19	91,237	87,320
Issued capital		12,765	12,765
Treasury shares		(20)	(35)
		12,745	12,730
Capital reserves		56,786	61,532
Retained earnings including carryforwards		(29,869)	(34,489)
Total other comprehensive income		(525)	783
Net profit (loss)		17,788	8,001
Issued capital and reserves attributable to owners of the parent		56,925	48,558
Non-controlling interests		34,312	38,762
Total liabilities and shareholders’ equity		290,305	298,590