In: Accounting
| 2019 | 2018 | |
| Assets | ||
| Non-current assets | 2629 | 2634 |
| Property, plant and equipment | 2027 | 2023 |
| Intangible assets | 391 | 402 |
| Consolidates entities | 143 | 143 |
| Long-term receivables and other investment | 4 | 2 |
| Defined benefits fund asset | 64 | 63 |
| Deferred taxation assets | 1 | |
| Current assets | 8468 | 7206 |
| Inventories | 2470 | 2061 |
| Trade and other receivables | 2096 | 2295 |
| Derivative financial instruments | 27 | 1 |
| Reinsurance assets | 304 | 146 |
| Current amounts owing by consolidated entities | 1002 | 641 |
| Taxation | 0 | 0 |
| Cash and cash equivalent | 2569 | 2062 |
| Non-current asset held for sale | 0 | 0 |
| Total assets | 11097 | 9840 |
| Equity and liabilities | ||
| Equity attributable to equity holders of the parent | 8177 | 7269 |
| Issued capital | ||
| Capital reserves | 323 | 264 |
| Treasury share transactions | -2204 | -2164 |
| Retained income | 10041 | 9262 |
| Foreign currency translation reserve | 0 | 0 |
| Defined benefit fund actuarial gains and losses | -3 | 2 |
| Cash flow hedge reserve | 20 | -95 |
| Total equity | 8177 | 7269 |
| Non-current liabilities | 271 | 218 |
| Lease obligations | 177 | 174 |
| Deferred taxation liabilities | 52 | 0 |
| Long-term provisions | 0 | 2 |
| Long-term liabilities | 11 | 13 |
| Post retirement medial benefits | 31 | 29 |
| Current Liabilities | 2649 | 2353 |
| Trade and other payables | 1850 | 1896 |
| Derivative financial instruments | 0 | 133 |
| Reinsurance liabilities | 46 | 38 |
| Current amounts owing to consolidated entities | 566 | 45 |
| Current provision | 0 | 2 |
| Current portion of lease obligations | 29 | 23 |
| Taxation | 33 | 180 |
| Bank overdraft | 125 | 36 |
| Total liabilities | 2920 | 2571 |
| Total equity and liabilities | 11097 |
9840 |
Comment on the financial position of the company. Support your answer with Ratio Analysis