Company balance sheet

x € 1 million

Note

As at 31 December 2023

As at 31 December 2022

Before profit appropriation

ASSETS

Non-current assets

Intangible assets

38

77

77

Financial assets

39

5,483

4,791

Deferred tax assets

20

28

Total non-current assets

5,580

4,896

Current assets

Receivables from group companies

40

1,915

1,369

Current tax assets

28

10

-

Accruals and other receivables

2

20

Money market funds

100

-

Cash

22

19

Total current assets

2,049

1,408

TOTAL ASSETS

7,629

6,304

x € 1 million

Note

As at 31 December 2023

As at 31 December 2022

LIABILITIES

Equity

Share capital

22

606

539

Share premium

22

591

158

Cash flow hedge reserve

22

-19

-14

Cost of hedging reserve

22

-4

-1

Legal reserve development costs

22

13

9

Legal reserve associates

22

4

-

Retained earnings

22

1,360

1,317

Undistributed profit for the year

22

164

75

Equity attributable to Stedin Holding N.V. shareholders

2,715

2,083

Perpetual subordinated bond loan

22

506

506

Total equity

3,221

2,589

Provisions

11

10

Total non-current liabilities

11

10

Non-current liabilities

Interest-bearing debt

25

3,069

3,116

Interest-bearing debt to group companies

41

500

-

Derivative financial instruments

18

-

34

Total non-current liabilities

3,569

3,150

Current tax liabilities

Interest-bearing debt

25

265

280

Liabilities to group companies

40

484

218

Current tax liabilities

-

13

Derivative financial instruments

18

50

19

Other liabilities

42

29

25

Total current liabilities

828

555

TOTAL LIABILITIES

7,629

6,304