Consolidated statement of financial position

(In € million)	Note	As of 31 Dec. 2022	As of 31 Dec. 2021
Cash and cash equivalents	17	503.8	304.5
Trade and other receivables	16	460.3	279.9
Inventories	15	402.7	194.5
Current tax assets	32	18.0	4.4
Other current assets	20	26.8	40.4
Total current assets		1,411.6	823.7
Non-current receivables	16	18.8	4.2
Investments in joint ventures	28	0.6	0.6
Deferred tax assets	32	60.0	46.0
Property, plant and equipment	12	1,667.8	1,270.5
Right-of-use assets	13	243.6	174.6
Intangible assets	14	4,246.2	2,920.5
Employee benefits	30	114.6	230.2
Other non-current assets	20	35.9	23.9
Total non-current assets		6,387.5	4,670.5
Total assets		7,799.1	5,494.2
Trade and other payables	18	1,036.8	666.3
Loans and borrowings	22	489.2	29.4
Current tax liabilities	32	46.3	42.1
Employee benefits	30	60.9	56.0
Provisions	19	26.6	19.1
Other current liabilities	20	116.2	88.2
Total current liabilities		1,776.0	901.1
Non-current payables	18	17.4	9.4
Loans and borrowings	22	2,185.5	1,693.2
Deferred tax liabilities	32	261.3	147.4
Employee benefits	30	104.6	129.0
Provisions	19	21.1	17.7
Other non-current liabilities	20	378.0	268.2
Total non-current liabilities		2,967.9	2,264.9
Total liabilities		4,743.9	3,166.0
Share capital	24	3.4	3.0
Additional paid-in capital	24	2,868.6	2,140.0
Translation reserve		(79.2)	(122.3)
Treasury shares	24	(1.3)	(0.1)
Retained earnings		263.7	307.6
Total equity		3,055.2	2,328.2
Total liabilities and equity		7,799.1	5,494.2

Annual Report 2022