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2022 Annual Report

Creating Value.
For a Better Tomorrow.

2022 Annual Report

 

Consolidated Statement of Financial Position

1 2 3 4 5
Assets
€ millions See Note Dec. 31, 2022 Dec. 31, 2021
Goodwill 14 3,218.2 3,711.8
Other intangible assets 14 973.7 1,087.7
Property, plant and equipment 15, 16 11,467.2 11,411.6
Investment property 17 11.5 12.0
Investments in equity-accounted investees 18 305.1 305.9
Other investments 19 170.0 169.4
Deferred tax assets1 20 2,059.2 2,328.8
Defined benefit assets 29 93.1 101.6
Long-term derivative instruments and interest-bearing investments 33 105.8 113.2
Long-term other financial assets 21 270.0 229.6
Long-term other assets 22 114.9 113.7
Non-current assets1   18,788.7 19,585.3
Inventories 23 6,729.6 4,993.7
Trade accounts receivable 24 7,767.7 7,089.5
Short-term contract assets 6 99.8 94.0
Short-term other financial assets 21 140.0 118.4
Short-term other assets 22 1,033.8 1,066.1
Income tax receivables   277.6 303.4
Short-term derivative instruments and interest-bearing investments 33 101.5 112.7
Cash and cash equivalents 25 2,988.0 2,269.1
Assets held for sale 26 7.9
Current assets   19,138.0 16,054.8
Total assets1   37,926.7 35,640.1
Download table overview (MS-Excel)

1 In the year under review, the Continental Group changed the methodology used for the recognition of uncertain tax positions. The comparative period has been adjusted accordingly. For more information, see Note 2 (General Information and Accounting Principles) of the notes to the consolidated financial statements.

Equity and liabilities
€ millions See Note Dec. 31, 2022 Dec. 31, 2021
Issued/subscribed capital   512.0 512.0
Capital reserves   4,155.6 4,155.6
Retained earnings1   9,910.5 10,283.9
Other comprehensive income   -1,318.9 -2,735.5
Equity attributable to the shareholders of the parent1   13,259.2 12,216.0
Non-controlling interests   475.8 452.5
Total equity1 27 13,735.0 12,668.5
Long-term employee benefits 29 2,623.5 4,743.0
Deferred tax liabilities 20 57.5 101.6
Long-term provisions for other risks and obligations 30 624.1 787.7
Long-term indebtedness 32 4,006.0 4,643.2
Long-term other financial liabilities 34 10.0 10.3
Long-term contract liabilities 6 7.8 7.6
Long-term other liabilities 36 31.0 36.0
Non-current liabilities   7,359.9 10,329.4
Short-term employee benefits 29 1,274.7 1,243.5
Trade accounts payable 35 7,637.0 5,865.4
Short-term contract liabilities 6 232.4 265.2
Income tax payables1 31 525.7 472.2
Short-term provisions for other risks and obligations1 30 1,036.8 1,105.4
Short-term indebtedness 32 3,688.7 1,617.3
Short-term other financial liabilities 34 1,763.8 1,265.0
Short-term other liabilities 36 672.7 808.2
Current liabilities1   16,831.8 12,642.2
Total equity and liabilities1   37,926.7 35,640.1
Download table overview (MS-Excel)

1 In the year under review, the Continental Group changed the methodology used for the recognition of uncertain tax positions. The comparative period has been adjusted accordingly. For more information, see Note 2 (General Information and Accounting Principles) of the notes to the consolidated financial statements.