Consolidated Statement of Financial Position
| Assets |
| € millions |
See Note |
Dec. 31, 2024 |
Dec. 31, 2023 |
| Goodwill |
13 |
3,165 |
3,187 |
| Other intangible assets |
13 |
619 |
820 |
| Property, plant and equipment |
14, 15 |
11,798 |
11,722 |
| Investment property |
16 |
11 |
11 |
| Investments in equity-accounted investees |
17 |
326 |
299 |
| Other investments |
18 |
108 |
118 |
| Deferred tax assets |
19 |
2,523 |
2,512 |
| Defined benefit assets |
28 |
114 |
111 |
| Long-term derivative instruments and interest-bearing investments |
32 |
81 |
89 |
| Long-term other financial assets |
20 |
252 |
272 |
| Long-term other assets |
21 |
19 |
24 |
| Non-current assets |
|
19,016 |
19,165 |
| Inventories |
22 |
6,113 |
6,276 |
| Trade accounts receivable |
23 |
7,104 |
7,569 |
| Short-term contract assets |
|
128 |
103 |
| Short-term other financial assets |
20 |
128 |
136 |
| Short-term other assets |
21 |
1,077 |
1,144 |
| Income tax receivables |
|
285 |
305 |
| Short-term derivative instruments and interest-bearing investments |
32 |
151 |
120 |
| Cash and cash equivalents |
24 |
2,966 |
2,923 |
| Assets held for sale |
25 |
— |
11 |
| Current assets |
|
17,950 |
18,588 |
| Total assets |
|
36,966 |
37,753 |
| Equity and liabilities |
| € millions |
See Note |
Dec. 31, 2024 |
Dec. 31, 2023 |
| Subscribed capital |
|
512 |
512 |
| Capital reserves |
|
4,156 |
4,156 |
| Retained earnings |
|
11,485 |
10,767 |
| Other comprehensive income |
|
–1,801 |
–1,759 |
| Equity attributable to the shareholders of the parent |
|
14,351 |
13,676 |
| Non-controlling interests |
|
447 |
449 |
| Total equity |
26 |
14,798 |
14,125 |
| Long-term employee benefits |
28 |
3,116 |
3,148 |
| Deferred tax liabilities |
19 |
97 |
72 |
| Long-term provisions for other risks and obligations |
29 |
522 |
703 |
| Long-term indebtedness1 |
31 |
4,112 |
4,528 |
| Long-term other financial liabilities |
33 |
8 |
8 |
| Long-term contract liabilities |
|
22 |
6 |
| Long-term other liabilities |
35 |
23 |
28 |
| Non-current liabilities1 |
|
7,899 |
8,494 |
| Short-term employee benefits |
28 |
1,380 |
1,391 |
| Trade accounts payable |
34 |
6,471 |
6,875 |
| Short-term contract liabilities |
|
198 |
195 |
| Income tax payables |
30 |
531 |
541 |
| Short-term provisions for other risks and obligations |
29 |
964 |
1,081 |
| Short-term indebtedness1 |
31 |
2,797 |
2,642 |
| Short-term other financial liabilities |
33 |
1,249 |
1,670 |
| Short-term other liabilities |
35 |
679 |
739 |
| Current liabilities1 |
|
14,269 |
15,134 |
| Total equity and liabilities |
|
36,966 |
37,753 |
1 Amendments to IAS 1, Presentation of Financial Statements, clarify the classification of current and non-current liabilities from the 2024 reporting year onward. The comparative period has been adjusted accordingly.
