Covestro Group Consolidated Statement of Financial Position

 

 

 

 

 

 

 

 

 

Sep. 30, 20171

 

Sep. 30, 2018

 

Dec. 31, 20171

 

 

€ million

 

€ million

 

€ million

1 Reference information has not been adjusted, see Changes in Accounting as a Result of the Initial Application of IFRS 9 and IFRS 15.

2 As of September 30, 2018, this contains the contract assets, contract liabilities, and refund liabilities from initial application of IFRS 15.

Noncurrent assets

 

 

 

 

 

 

Goodwill

 

254

 

255

 

253

Other intangible assets

 

79

 

77

 

81

Property, plant and equipment

 

4,230

 

4,262

 

4,296

Investments accounted for using the equity method

 

213

 

211

 

208

Other financial assets

 

31

 

28

 

31

Other receivables2

 

39

 

47

 

35

Deferred taxes

 

661

 

725

 

702

 

 

5,507

 

5,605

 

5,606

 

 

 

 

 

 

 

Current assets

 

 

 

 

 

 

Inventories

 

1,827

 

2,202

 

1,913

Trade accounts receivable

 

1,967

 

2,118

 

1,882

Other financial assets

 

665

 

14

 

285

Other receivables2

 

303

 

357

 

281

Claims for income tax refunds

 

52

 

32

 

138

Cash and cash equivalents

 

637

 

846

 

1,232

Assets held for sale

 

3

 

 

4

 

 

5,454

 

5,569

 

5,735

 

 

 

 

 

 

 

Total assets

 

10,961

 

11,174

 

11,341

 

 

 

 

 

 

 

Equity

 

 

 

 

 

 

Capital stock of Covestro AG

 

203

 

188

 

201

Capital reserves of Covestro AG

 

4,908

 

3,806

 

4,767

Other reserves

 

(8)

 

1,667

 

367

Equity attributable to Covestro AG stockholders

 

5,103

 

5,661

 

5,335

Equity attributable to noncontrolling interest

 

29

 

32

 

30

 

 

5,132

 

5,693

 

5,365

 

 

 

 

 

 

 

Noncurrent liabilities

 

 

 

 

 

 

Provisions for pensions and other post-employment benefits

 

1,208

 

1,264

 

1,187

Other provisions

 

291

 

232

 

229

Financial liabilities

 

1,233

 

1,171

 

1,213

Income tax liabilities

 

44

 

99

 

74

Other liabilities2

 

16

 

21

 

21

Deferred taxes

 

169

 

154

 

161

 

 

2,961

 

2,941

 

2,885

 

 

 

 

 

 

 

Current liabilities

 

 

 

 

 

 

Other provisions

 

490

 

447

 

529

Financial liabilities

 

607

 

76

 

583

Trade accounts payable

 

1,393

 

1,581

 

1,618

Income tax liabilities

 

199

 

170

 

161

Other liabilities2

 

179

 

266

 

200

 

 

2,868

 

2,540

 

3,091

 

 

 

 

 

 

 

Total equity and liabilities

 

10,961

 

11,174

 

11,341