| Assets | |||
|---|---|---|---|
| € millions | See Note | Dec. 31, 2019 | Dec. 31, 2018 |
| Goodwill | 13 | 5,113.5 | 7,233.4 |
| Other intangible assets | 13 | 1,691.8 | 1,566.3 |
| Property, plant and equipment | 14, 15 | 14,932.7 | 12,375.5 |
| Investment property | 16 | 11.7 | 12.0 |
| Investments in equity-accounted investees | 17 | 397.7 | 644.9 |
| Other investments | 18 | 197.6 | 192.9 |
| Deferred tax assets | 19 | 2,174.4 | 1,464.4 |
| Defined benefit assets | 27 | 7.8 | 27.8 |
| Long-term contract assets | 6 | 0.1 | 0.1 |
| Long-term derivative instruments and interest-bearing investments | 31 | 54.0 | 32.4 |
| Long-term other financial assets | 20 | 114.6 | 81.4 |
| Long-term other assets | 21 | 28.6 | 27.6 |
| Non-current assets | 24,724.5 | 23,658.7 | |
| Inventories | 22 | 4,694.4 | 4,521.1 |
| Trade accounts receivable1 | 23 | 7,711.6 | 7,858.2 |
| Short-term contract assets | 6 | 89.1 | 67.4 |
| Short-term other financial assets1 | 20 | 118.5 | 94.4 |
| Short-term other assets | 21 | 1,406.7 | 1,124.2 |
| Income tax receivables | 240.5 | 208.2 | |
| Short-term derivative instruments and interest-bearing investments | 31 | 151.5 | 151.8 |
| Cash and cash equivalents | 24 | 3,341.8 | 2,761.4 |
| Assets held for sale | 25 | 89.6 | — |
| Current assets | 17,843.7 | 16,786.7 | |
| Total assets | 42,568.2 | 40,445.4 | |
IFRS 16, Leases, was adopted on and has been applied since January 1, 2019. It is applied using the modified retrospective approach, under which the previous year’s figures are not adjusted. As a result, some of these figures are not comparable with the prior-year period.
1 From the 2019 fiscal year onward, the presentation of receivables from related parties is made more transparent by reclassifying receivables from operating service business from short-term other financial assets to trade accounts receivable among these items of the statement of financial position. The figures from the comparative period have been adjusted accordingly.
| Equity and liabilities | |||
|---|---|---|---|
| € millions | See Note | Dec. 31, 2019 | Dec. 31, 2018 |
| Subscribed capital | 512.0 | 512.0 | |
| Capital reserves | 4,155.6 | 4,155.6 | |
| Retained earnings | 13,522.1 | 15,697.2 | |
| Other comprehensive income | -2,794.4 | -2,514.4 | |
| Equity attributable to the shareholders of the parent | 15,395.3 | 17,850.4 | |
| Non-controlling interests | 480.4 | 482.9 | |
| Total equity | 26 | 15,875.7 | 18,333.3 |
| Long-term employee benefits | 27 | 5,406.3 | 4,407.0 |
| Deferred tax liabilities | 19 | 305.4 | 315.7 |
| Long-term provisions for other risks and obligations | 28 | 666.1 | 163.7 |
| Long-term indebtedness | 30 | 3,375.2 | 1,449.0 |
| Long-term other financial liabilities | 32 | 31.7 | 38.4 |
| Long-term contract liabilities | 6 | 16.7 | 11.0 |
| Long-term other liabilities | 34 | 20.0 | 13.4 |
| Non-current liabilities | 9,821.4 | 6,398.2 | |
| Short-term employee benefits | 27 | 1,368.7 | 1,454.2 |
| Trade accounts payable1 | 33 | 7,111.0 | 7,525.6 |
| Short-term contract liabilities | 6 | 234.9 | 150.2 |
| Income tax payables | 29 | 938.6 | 750.7 |
| Short-term provisions for other risks and obligations | 28 | 1,261.6 | 1,066.1 |
| Short-term indebtedness | 30 | 4,243.8 | 3,157.9 |
| Short-term other financial liabilities1 | 32 | 1,046.3 | 1,042.6 |
| Short-term other liabilities | 34 | 666.2 | 566.6 |
| Current liabilities | 16,871.1 | 15,713.9 | |
| Total equity and liabilities | 42,568.2 | 40,445.4 | |
IFRS 16, Leases, was adopted on and has been applied since January 1, 2019. It is applied using the modified retrospective approach, under which the previous year’s figures are not adjusted. As a result, some of these figures are not comparable with the prior-year period.
1 From the 2019 fiscal year onward, the presentation of receivables from related parties is made more transparent by reclassifying receivables from operating service business from short-term other financial assets to trade accounts receivable among these items of the statement of financial position. The figures from the comparative period have been adjusted accordingly.
