Company balance sheet

Before profit appropriation

x € 1 million	Note	As at 31 December 2020	As at 31 December 2019
ASSETS
Non-current assets
Property, plant and equipment		54	59
Intangible assets	39	77	77
Financial assets	40	5,355	5,324
Total non-current assets		5,486	5,460

Current assets
Receivables from group companies	41	760	579
Current tax assets		2	20
Accruals and other receivables		18	16
Cash and cash equivalents		46	53
Total current assets		826	668

TOTAL ASSETS		6,312	6,128

LIABILITIES
Equity
Share capital	22	497	497
Revaluation reserve	22	662	720
Legal reserve	22	4	-
Cash flow hedge reserve	22	-78	-70
Cost of hedging reserve	22	-	-1
Retained earnings	22	1,275	989
Undistributed profit for the year	22	30	313
Equity attributable to Stedin Holding N.V. shareholders		2,390	2,448
Perpetual subordinated bond loan	22	501	501
Total equity		2,891	2,949

Non-current liabilities
Provisions		4	4
Deferred tax liabilities		59	42
Interest-bearing debt	25	2,825	2,913
Derivative financial instruments	18	84	52
Total non-current liabilities		2,972	3,011

Current liabilities
Interest-bearing debt	25	276	5
Liabilities to group companies	41	137	122
Derivative financial instruments	18	2	-
Other liabilities	42	34	41
Total current liabilities		449	168

TOTAL LIABILITIES		6,312	6,128

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