(In € million)

 

Note

 

As of
31 Dec. 2019

 

As of
31 Dec. 2018

Cash and cash equivalents

 

17

 

261.0

 

157.1

Trade and other receivables

 

16

 

271.6

 

242.7

Inventories

 

15

 

167.2

 

144.4

Current tax assets

 

32

 

1.2

 

1.0

Other current assets

 

20

 

22.2

 

19.2

Total current assets

 

 

 

723.2

 

564.4

Non-current receivables

 

16

 

5.6

 

4.4

Investments in joint ventures

 

28

 

193.4

 

198.7

Deferred tax assets

 

32

 

21.8

 

12.1

Property, plant and equipment

 

5.2, 12

 

1,073.1

 

1,068.8

Right-of-use assets

 

5.2, 13

 

49.0

 

Intangible assets

 

14, 27

 

2,460.3

 

2,486.6

Employee benefits

 

30

 

168.4

 

129.3

Other non-current assets

 

20

 

29.3

 

18.3

Total non-current assets

 

 

 

4,000.9

 

3,918.2

Total assets

 

 

 

4,724.1

 

4,482.6

Trade and other payables

 

18

 

492.3

 

440.6

Loans and borrowings

 

5.2, 22

 

50.8

 

34.9

Current tax liabilities

 

32

 

43.5

 

25.6

Employee benefits

 

30

 

45.2

 

34.6

Provisions

 

19

 

12.1

 

20.1

Other current liabilities

 

20

 

59.9

 

53.4

Total current liabilities

 

 

 

703.8

 

609.2

Non-current payables

 

18

 

10.4

 

7.6

Loans and borrowings

 

5.2, 22

 

1,541.9

 

1,556.5

Deferred tax liabilities

 

32

 

172.5

 

187.8

Employee benefits

 

30

 

126.3

 

108.7

Provisions

 

19

 

15.5

 

16.1

Other non-current liabilities

 

20

 

165.0

 

101.2

Total non-current liabilities

 

 

 

2,031.6

 

1,977.9

Total liabilities

 

 

 

2,735.4

 

2,587.1

Share capital

 

24

 

2.8

 

2.8

Additional paid-in capital

 

24

 

2,059.8

 

2,158.8

Translation reserve

 

 

 

(82.1)

 

(142.1)

Treasury shares

 

24

 

(0.1)

 

Retained earnings

 

 

 

8.3

 

(124.0)

Total equity

 

 

 

1,988.7

 

1,895.5

Total liabilities and equity

 

 

 

4,724.1

 

4,482.6