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v3.22.0.1

Consolidated Statements of Financial Position - EUR (€) € in Millions | Dec. 31, 2021 | Dec. 31, 2020
--- | --- | ---
Non-current assets |  |
Goodwill | € 2,099.4 | € 1,902.5
Intangibles | 2,455.7 | 2,155.7
Property, plant and equipment | 549.4 | 422.2
Other non-current assets | 8.9 | 1.1
Derivative financial instruments | 0.0 | 17.2
Deferred tax assets | 128.3 | 113.5
Total non-current assets | 5,241.7 | 4,612.2
Current assets |  |
Cash and cash equivalents | 254.2 | 393.2
Inventories | 410.6 | 344.3
Trade and other receivables | 234.6 | 185.0
Indemnification assets | 9.5 | 15.4
Short-term deposits, not classified as cash equivalents | 0.0 | 25.0
Derivative financial instruments | 20.2 | 5.5
Total current assets | 929.1 | 968.4
Assets | 6,170.8 | 5,580.6
Current liabilities |  |
Trade and other payables | 692.0 | 647.2
Current tax payable | 198.5 | 166.2
Provisions | 39.3 | 45.7
Loans and borrowings | 29.1 | 22.5
Derivative financial instruments | 7.3 | 35.5
Total current liabilities | 966.2 | 917.1
Non-current liabilities |  |
Loans and borrowings | 2,198.3 | 1,736.3
Employee benefits | 244.2 | 276.2
Other non-current liabilities | 1.8 | 2.2
Provisions | 2.9 | 6.1
Derivative financial instruments | 20.8 | 89.5
Deferred tax liabilities | 437.6 | 427.1
Total non-current liabilities | 2,905.6 | 2,537.4
Total liabilities | 3,871.8 | 3,454.5
Net assets | 2,299.0 | 2,126.1
Equity |  |
Share capital and capital reserve | 1,623.1 | 1,620.5
Share-based compensation reserve | 6.9 | 8.3
Founder Preferred Shares Dividend Reserve | 166.0 | 245.5
Translation reserve | 105.1 | 84.7
Other reserves | 10.5 | (24.5)
Retained earnings | 387.4 | 191.6
Equity | € 2,299.0 | € 2,126.1

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