Consolidated statement of financial position

millions of €

 

 

 

 

 

 

Mar. 31, 2019

Dec. 31, 2018

Change

Change %

Mar. 31, 2018

The new IFRS 16 “Leases” accounting standard has been applied since January 1, 2019. Prior-year comparatives were not adjusted. For more information, please refer to the section “Accounting policies.”

a

Financial liabilities included finance lease liabilities in accordance with IAS 17 for the last time as of December 31, 2018.

ASSETS

 

 

 

 

 

CURRENT ASSETS

24,693

21,870

2,823

12.9

21,706

Cash and cash equivalents

6,144

3,679

2,465

67.0

3,618

Trade and other receivables

9,990

9,988

2

0.0

9,121

Contract assets

1,841

1,765

76

4.3

1,728

Current recoverable income taxes

556

492

64

13.0

246

Other financial assets

2,277

2,847

(570)

(20.0)

2,918

Inventories

2,015

1,790

225

12.6

1,819

Other assets

1,726

1,164

562

48.3

2,122

Non-current assets and disposal groups held for sale

145

145

0

0.0

134

NON-CURRENT ASSETS

140,779

123,505

17,274

14.0

116,319

Intangible assets

66,387

64,950

1,437

2.2

61,957

Property, plant and equipment

48,766

50,631

(1,865)

(3.7)

46,576

Right-of-use assets

16,828

n.a.

n.a.

n.a.

n.a.

Capitalized contract costs

1,833

1,744

89

5.1

1,286

Investments accounted for using the equity method

614

576

38

6.6

571

Other financial assets

2,147

1,585

562

35.5

1,829

Deferred tax assets

3,169

2,949

220

7.5

3,199

Other assets

1,035

1,070

(35)

(3.3)

902

TOTAL ASSETS

165,472

145,375

20,097

13.8

138,025

LIABILITIES

 

 

 

 

 

CURRENT LIABILITIES

37,365

29,144

8,221

28.2

26,223

Financial liabilitiesa

14,958

10,527

4,431

42.1

8,905

Lease liabilities

4,054

n.a.

n.a.

n.a.

n.a.

Trade and other payables

10,241

10,735

(494)

(4.6)

9,132

Income tax liabilities

368

328

40

12.2

307

Other provisions

2,995

3,144

(149)

(4.7)

3,082

Other liabilities

3,013

2,654

359

13.5

2,913

Contract liabilities

1,703

1,720

(17)

(1.0)

1,885

Liabilities directly associated with non-current assets and disposal groups held for sale

30

36

(6)

(16.7)

0

NON-CURRENT LIABILITIES

85,345

72,794

12,551

17.2

68,111

Financial liabilitiesa

50,988

51,748

(760)

(1.5)

48,799

Lease liabilities

14,673

n.a.

n.a.

n.a.

n.a.

Provisions for pensions and other employee benefits

5,750

5,502

248

4.5

5,264

Other provisions

3,201

3,291

(90)

(2.7)

3,115

Deferred tax liabilities

8,996

8,240

756

9.2

7,078

Other liabilities

1,233

3,427

(2,194)

(64.0)

3,321

Contract liabilities

504

585

(81)

(13.8)

533

LIABILITIES

122,710

101,938

20,772

20.4

94,334

SHAREHOLDERS’ EQUITY

42,762

43,437

(675)

(1.6)

43,691

Issued capital

12,189

12,189

0

0.0

12,189

Treasury shares

(48)

(49)

1

2.0

(49)

 

12,141

12,141

0

0.0

12,140

Capital reserves

54,894

54,646

248

0.5

54,761

Retained earnings including carryforwards

(38,518)

(37,392)

(1,126)

(3.0)

(34,472)

Total other comprehensive income

(416)

(653)

237

36.3

(1,332)

Net profit (loss)

900

2,166

(1,266)

(58.4)

992

ISSUED CAPITAL AND RESERVES ATTRIBUTABLE TO OWNERS OF THE PARENT

29,001

30,907

(1,906)

(6.2)

32,088

Non-controlling interests

13,761

12,530

1,231

9.8

11,603

TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY

165,472

145,375

20,097

13.8

138,025