Consolidated statement of financial position
for 2018
| Note | December 31st 2018 | December 31st 2017 | |
|---|---|---|---|
| ASSETS | |||
| Non-current assets | |||
| Property, plant and equipment of the Downstream segment | 13 | 8,742.4 | 8,761.5 |
| Intangible assets of the Downstream segment | 13 | 151.9 | 163.2 |
| Property, plant and equipment of the Upstream segment | 13 | 3,044.0 | 2,404.2 |
| Intangible assets of the Upstream segment | 13 | 338.0 | 304.8 |
| Equity-accounted joint ventures | 14 | 117.2 | 106.5 |
| Deferred tax assets | 10.3 | 149.6 | 415.4 |
| Derivative financial instruments | 23 | 9.1 | 2.7 |
| Other non-current assets | 15 | 525.8 | 303.8 |
| Total non-current assets | 13,078.0 | 12,462.1 | |
| Current assets | |||
| Inventories | 16 | 4,848.9 | 3,559.6 |
| - including emergency stocks | 2,886.9 | 2,098.7 | |
| Trade receivables | 15 | 1,880.4 | 2,677.0 |
| Current tax assets | 2.4 | 1.3 | |
| Derivative financial instruments | 23 | 15.3 | 161.8 |
| Other current assets | 15 | 457.6 | 388.7 |
| Cash and cash equivalents | 17 | 1,941.3 | 1,920.7 |
| Total current assets | 9,145.9 | 8,709.1 | |
| Total assets | 22,223.9 | 21,171.2 | |
| EQUITY AND LIABILITIES | |||
| Equity | |||
| Share capital | 18 | 184.9 | 184.9 |
| Share premium | 19 | 2,228.3 | 2,228.3 |
| Cash flow hedging reserve | 20 | (288.2) | (225.2) |
| Retained earnings | 9,826.1 | 8,432.2 | |
| Translation reserve | 83.6 | 92.2 | |
| Equity attributable to owners of the Parent | 12,034.7 | 10,712.4 | |
| Non-controlling interests | 0.1 | 0.1 | |
| Total equity | 12,034.8 | 10,712.5 | |
| Non-current liabilities | |||
| Bank borrowings, non-bank borrowings, notes and finance lease liabilities | 22 | 2,345.3 | 2,738.3 |
| Derivative financial instruments | 23 | 6.9 | 6.7 |
| Deferred tax liabilities | 10.3 | 324.9 | 277.7 |
| Employee benefit obligations | 24 | 170.4 | 169.3 |
| Other liabilities and provisions | 25 | 1,196.8 | 1,072.4 |
| Total non-current liabilities | 4,044.3 | 4,264.4 | |
| Current liabilities | |||
| Bank borrowings, non-bank borrowings, notes and finance lease liabilities | 22 | 1,538.7 | 1,687.6 |
| Derivative financial instruments | 23 | 47.4 | 72.7 |
| Trade payables | 25 | 1,913.7 | 2,201.7 |
| Current tax payables | 565.3 | 210.0 | |
| Employee benefit obligations | 24 | 156.2 | 145.3 |
| Other liabilities and provisions | 25 | 1,923.5 | 1,877.0 |
| Total current liabilities | 6,144.8 | 6,194.3 | |
| Total liabilities | 10,189.1 | 10,458.7 | |
| Total equity and liabilities | 22,223.9 | 21,171.2 |