Consolidated balance sheet, before allocation of profit

In € millions, at December 31	Note		2021		2022

Assets

Non-current assets
Intangible assets	11	3,690		4,072
Property, plant and equipment	12	1,800		1,968
Right-of-use assets	13	304		291
Deferred tax assets	9	482		498
Investments in associates and joint ventures	14	178		193
Financial non-current assets	15	2,076		1,475
Total non-current assets			8,530		8,497

Current assets
Inventories	16	1,650		1,843
Current tax assets	9	149		168
Trade and other receivables	17	2,339		2,447
Short-term investments	21	58		336
Cash and cash equivalents	21	1,152		1,450
Total current assets			5,348		6,244
Total assets			13,878		14,741

Equity and liabilities

Equity
Shareholders’ equity	18	5,425		4,333
Non-controlling interests	18	211		215
Group equity			5,636		4,548

Non-current liabilities
Post-retirement benefit provisions	19	578		387
Other provisions	20	234		167
Deferred tax liabilities	9	567		561
Long-term borrowings	21	1,994		3,332
Total non-current liabilities			3,373		4,447

Current liabilities
Short-term borrowings	21	1,556		2,543
Current tax liabilities	9	216		236
Trade and other payables	22	2,948		2,801
Current portion of provisions	19, 20	149		166
Total current liabilities			4,869		5,746
Total equity and liabilities			13,878		14,741

Report 2022