Balance sheet

Balance sheet, before allocation of profit

In € millions, at December 31

Note

 

2020

 

2021

 

 

 

 

 

 

Assets

 

 

 

 

 

 

 

 

 

 

 

Non-current assets

 

 

 

 

 

Intangible assets

C

71

 

91

 

Deferred tax assets

 

31

 

30

 

Financial non-current assets

 D

12,225

 

12,497

 

Total non-current assets

 

 

12,327

 

12,618

 

 

 

 

 

 

Current assets

 

 

 

 

 

Short-term receivables

E

182

 

154

 

Short-term investments

G

245

 

 

Cash and cash equivalents

G

736

 

404

 

Total current assets

 

 

1,163

 

558

Total assets

 

 

13,490

 

13,176

 

 

 

 

 

 

Equity and liabilities

 

 

 

 

 

 

 

 

 

 

 

Equity

 

 

 

 

 

Subscribed share capital

 

95

 

91

 

Cash flow hedge reserve

 

 

(19)

 

Other legal reserves

 

246

 

275

 

Cumulative translation reserves

 

(873)

 

(493)

 

Actuarial gains and losses

 

(2,587)

 

(2,613)

 

Other reserves

 

8,317

 

7,435

 

Undistributed results

 

548

 

749

 

Shareholders’ equity

F

 

5,746

 

5,425

 

 

 

 

 

 

Provisions

 

 

13

 

4

 

 

 

 

 

 

Non-current liabilities

 

 

 

 

 

Long-term borrowings

G

7,515

 

6,225

 

Total non-current liabilities

 

 

7,515

 

6,225

 

 

 

 

 

 

Current liabilities

 

 

 

 

 

Short-term borrowings

G

3

 

1,425

 

Other current liabilities

H

213

 

97

 

Total current liabilities

 

 

216

 

1,522

Total equity and liabilities

 

 

13,490

 

13,176