Covestro Group Consolidated Statement of Financial Position

 

 

 

 

 

 

 

 

 

Note

 

Dec. 31, 20181

 

Dec. 31, 2019

 

 

 

 

€ million

 

€ million

1

Reference information has not been restated, see note 2.1 “Financial reporting standards applied for the first time in the reporting period.”

2

The figures as of December 31, 2019, include right-of-use assets and lease liabilities from initial application of IFRS 16.

Noncurrent assets

 

 

 

 

 

 

Goodwill

 

13

 

256

 

264

Other intangible assets

 

13

 

77

 

114

Property, plant and equipment2

 

14

 

4,409

 

5,286

Investments accounted for using the equity method

 

15

 

214

 

192

Other financial assets

 

16

 

31

 

32

Other receivables

 

18

 

32

 

52

Deferred taxes

 

11

 

782

 

851

 

 

 

 

5,801

 

6,791

 

 

 

 

 

 

 

Current assets

 

 

 

 

 

 

Inventories

 

17

 

2,213

 

1,916

Trade accounts receivable

 

 

 

1,786

 

1,561

Other financial assets

 

16

 

17

 

27

Other receivables

 

18

 

346

 

359

Claims for income tax refunds

 

 

 

55

 

104

Cash and cash equivalents

 

 

 

865

 

748

Assets held for sale

 

 

 

1

 

12

 

 

 

 

5,283

 

4,727

 

 

 

 

 

 

 

Total assets

 

 

 

11,084

 

11,518

 

 

 

 

 

 

 

Equity

 

19

 

 

 

 

Capital stock of Covestro AG

 

 

 

183

 

183

Capital reserves of Covestro AG

 

 

 

3,480

 

3,487

Other reserves

 

 

 

1,679

 

1,537

Equity attributable to Covestro AG stockholders

 

 

 

5,342

 

5,207

Equity attributable to noncontrolling interest

 

 

 

33

 

47

 

 

 

 

5,375

 

5,254

 

 

 

 

 

 

 

Noncurrent liabilities

 

 

 

 

 

 

Provisions for pensions and other post-employment benefits

 

20

 

1,445

 

1,965

Other provisions

 

21

 

237

 

230

Financial liabilities2

 

22

 

1,166

 

1,601

Income tax liabilities

 

11

 

107

 

95

Other liabilities

 

23

 

18

 

32

Deferred taxes

 

11

 

153

 

206

 

 

 

 

3,126

 

4,129

 

 

 

 

 

 

 

Current liabilities

 

 

 

 

 

 

Other provisions

 

21

 

493

 

203

Financial liabilities2

 

22

 

59

 

151

Trade accounts payable

 

 

 

1,637

 

1,507

Income tax liabilities

 

11

 

172

 

69

Other liabilities

 

23

 

222

 

191

Liabilities directly related to assets held for sale

 

 

 

 

14

 

 

 

 

2,583

 

2,135

 

 

 

 

 

 

 

Total equity and liabilities

 

 

 

11,084

 

11,518