Consolidated balance sheet

x € 1 million	Note	31 December 2019	31 December 2018
ASSETS
Non-current assets
Property , plant and equipment	14	6,753	6,406
Intangible assets	15	95	97
Right of use assets^*	16	86	-
Associates and joint ventures	17	3	5
Financial assets
- Derivative financial instruments	19	39	15
- Other non-current financial assets		13	13
Total non-current assets		6,989	6,536

Current assets
Assets held for sale	13	-	63
Inventories	20	36	36
Current tax assets	29	20	21
Trade and other receivables	21	172	155
Derivative financial instruments	19	-	11
Cash and cash equivalents	22	72	169
Total current assets		300	455

TOTAL ASSETS		7,289	6,991

LIABILITIES
Group equity
Equity attributable to Stedin Holding N.V. shareholders	23	2,448	2,198
Perpetual subordinated bond loan	23	501	501
Total group equity		2,949	2,699

Non-current liabilities
Provisions for employee benefits	24	12	13
Other provisions	25	30	22
Deferred tax liabilities	18	232	212
Derivative financial instruments	19	52	56
Interest-bearing debt	26	2,985	2,548
Deferred income	27	707	632
Other liabilities	28	1	1
Total non-current liabilities		4,019	3,484

Current liabilities
Liabilities held for sale	13	-	7
Provisions for employee benefits	24	3	4
Other provisions	25	2	2
Interest-bearing debt	26	19	496
Trade and other liabilities	28	297	299
Total current liabilities		321	808

TOTAL LIABILITIES		7,289	6,991

* No comparative figures for 2018 owing to the adoption of IFRS 16. For further information, see note 2.4.

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