Consolidated balance sheet as at 31 December 2023

before profit appropriation

(in millions of euros)

31 December 2023

31 December 2022*

Assets

12

Property, plant and equipment

3,317

3,442

13

Investment property

122

119

14

Intangible assets

203

319

31

Right-of-use assets

268

446

16

Investments recognised using the equity method

12

12

23

Other financial assets, including investments

157

197

11

Deferred tax assets

428

316

Total non-current assets

4,507

4,851

17

Inventories

177

220

18

Trade and other receivables

516

676

Income tax receivable

-

-

23

Other current financial assets, including investments

715

745

19

Cash and cash equivalents

460

396

Total current assets

1,868

2,037

1

Assets held for sale

-

1,476

Total assets

6,375

8,364

Equity and liabilities

24

Equity

Issued share capital

1,012

1,012

Other reserves

44

70

Retained earnings

1,238

647

Unappropriated result

-380

574

Capital and reserves due to shareholder

1,914

2,303

Third-party minority interests

-

1

Equity

1,914

2,304

28

Deferred income

123

128

25

Loans and other financial liabilities, including derivatives

1,672

1,505

31

Lease liabilities

315

377

29

Employee benefits

58

55

30

Provisions

87

310

20

Accruals and deferred items

8

9

11

Deferred tax liabilities

-

-

Total non-current liabilities

2,263

2,384

25

Loans and other financial liabilities, including derivatives

387

296

31

Lease liabilities

89

87

Income tax payable

13

11

21

Trade and other liabilities

1,004

1,306

22

Deferred income

590

565

30

Provisions

115

64

Total current liabilities

2,198

2,329

1

Liabilities held for sale

-

1,347

Total liabilities

4,461

6,060

Total equity and liabilities

6,375

8,364

  • *Due to adjustment of the value of negative goodwill within one year of acquisition, financial income was retrospectively adjusted by €5 million negative. The comparative figures for 2022 have been adjusted for this. See note 32.
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