Company balance sheet
Before profit appropriation
x € 1 million | Note | As at 31 December 2021 | As at 31 December 2020 |
---|---|---|---|
ASSETS | |||
Non-current assets | |||
Property, plant and equipment | - | 54 | |
Intangible assets | 78 | 77 | |
Financial assets | 5,590 | 5,355 | |
Total non-current assets | 5,668 | 5,486 | |
Current assets | |||
Receivables from group companies | 1,000 | 760 | |
Current tax assets | - | 2 | |
Accruals and other receivables | 20 | 18 | |
Cash and cash equivalents | 98 | 46 | |
Total current assets | 1,118 | 826 | |
TOTAL ASSETS | 6,786 | 6,312 | |
LIABILITIES | |||
Equity | |||
Share capital | 539 | 497 | |
Share premium | 158 | - | |
Revaluation reserve | 790 | 662 | |
Legal reserve | 3 | 4 | |
Cash flow hedge reserve | -53 | -78 | |
Cost of hedging reserve | - | - | |
Retained earnings | 1,323 | 1,275 | |
Undistributed profit for the year | 4 | 30 | |
Equity attributable to Stedin Holding N.V. shareholders | 2,764 | 2,390 | |
Perpetual subordinated bond loan | 506 | 501 | |
Total equity | 3,270 | 2,891 | |
Non-current liabilities | |||
Provisions | 11 | 4 | |
Deferred tax liabilities | 72 | 59 | |
Interest-bearing debt | 2,676 | 2,825 | |
Derivative financial instruments | 64 | 84 | |
Total non-current liabilities | 2,823 | 2,972 | |
Current liabilities | |||
Interest-bearing debt | 531 | 276 | |
Liabilities to group companies | 116 | 137 | |
Current tax liabilities | 12 | - | |
Derivative financial instruments | - | 2 | |
Other liabilities | 34 | 34 | |
Total current liabilities | 693 | 449 | |
TOTAL LIABILITIES | 6,786 | 6,312 |