Consolidated statement of financial position

Consolidated statement of financial position
(In € million)	Note	As of Dec. 31, 2024	As of Dec. 31, 2023
Cash and cash equivalents	17	303.4	280.9
Trade and other receivables	16	500.2	422.7
Inventories	15	376.7	384.4
Current tax assets	31	13.9	6.0
Other current assets	9, 21	47.3	23.4
Total current assets		1,241.5	1,117.4
Non-current receivables	16	9.1	13.2
Investment in joint venture	27	0.7	0.4
Deferred tax assets	31	68.7	60.6
Property, plant and equipment	12	1,874.0	1,795.4
Right-of-use assets	13	322.0	267.3
Intangible assets	14	3,962.1	4,054.4
Employee benefits	29	181.8	191.8
Other non-current assets	21	29.3	32.0
Total non-current assets		6,447.7	6,415.1
Total assets		7,689.2	7,532.5
Trade and other payables	18	1,096.4	1,006.4
Loans and borrowings	23	776.7	264.4
Current tax liabilities	31	50.3	49.3
Employee benefits	29	73.1	61.0
Provisions	19	14.6	15.7
Deferred revenue	20	112.4	102.9
Other current liabilities	21	9.0	14.2
Total current liabilities		2,132.5	1,513.9
Non-current payables	18	14.2	14.9
Loans and borrowings	23	1,694.4	2,187.4
Deferred tax liabilities	31	223.0	244.2
Employee benefits	29	104.2	110.4
Provisions	19	25.1	25.1
Deferred revenue	20	360.0	284.4
Other non-current liabilities	21	3.7	55.1
Total non-current liabilities		2,424.6	2,921.5
Total liabilities		4,557.1	4,435.4
Share capital	25	3.4	3.4
Additional paid-in capital		2,498.6	2,684.9
Translation reserve		(122.4)	(149.0)
Treasury shares	25	(1.0)	(1.5)
Retained earnings		753.5	559.3
Total equity		3,132.1	3,097.1
Total liabilities and equity		7,689.2	7,532.5