Annual Report 2019

Consolidated statement of financial position
MEUR	31.12.2019	31.12.2018	Note
Assets
Non-current assets
Goodwill	1 380	1 355			14
Intangible assets	397	392			14
Property, plant and equipment	307	324			15
Right-of-use assets	185				16
Investments in associates and joint ventures	42	66			17
Other investments	18	16			18
Interest-bearing investments	1	3			18
Deferred tax assets	155	129			24
Trade receivables	19	49			18
Other receivables	15	34			21
Total non-current assets	2 518	2 369
Current assets
Inventories	1 365	1 165			19
Trade receivables	1 237	1 222		18	20
Current tax receivables	42	31
Contract assets	515	557			20
Other receivables	281	228			21
Cash and cash equivalents	358	487		22	23
Total current assets	3 797	3 690
Assets held for sale	82				4
Total assets	6 398	6 059
Equity and liabilities
Equity
Share capital	336	336			26
Share premium	61	61			26
Translation differences	-114	-155			26
Fair value reserve	-11	-31			26
Remeasurements of defined benefit liabilities	-55	-39			25
Retained earnings	2 178	2 245
Total equity attributable to equity holders of the parent company	2 396	2 418
Non-controlling interests	14	14
Total equity	2 410	2 432
Liabilities
Non-current liabilities
Interest-bearing debt	997	748	18	23	28
Deferred tax liabilities	83	99			24
Pension obligations	155	149			25
Provisions	45	54			27
Contract liabilities	38	41			20
Other liabilities	1	1			29
Total non-current liabilities	1 317	1 092
Current liabilities
Interest-bearing debt	99	74	18	23	28
Provisions	278	251			27
Trade payables	624	596		18	28
Current tax liabilities	100	81
Contract liabilities	880	888			20
Other liabilities	622	645			29
Total current liabilities	2 603	2 535
Total liabilities	3 920	3 627
Liabilities directly attributable to assets held for sale	68				4
Total equity and liabilities	6 398	6 059
The notes are an integral part of these consolidated financial statements.