Parent company financial statements

Balance sheet at 31 December of Koninklijke DSM N.V. before profit appropriation

x € million
Notes
2016
2015
Assets
 
  
Non-current assets
 
  
Intangible assets
447
450
Property, plant and equipment
15
16
Financial assets
9,975
9,385
Deferred tax assets
173
195
 
 
10,610
10,046
Current assets
 
  
Receivables
98
121
Cash and cash equivalents
 
-
41
 
 
98
162
 
 
  
Total
 
10,708
10,208
 
 
  
Shareholders' equity and liabilities
 
  
Shareholders' equity
  
Share capital
 
338
338
Share premium
 
489
489
Treasury shares
 
(339)
(319)
Other reserves
 
(95)
(103)
Retained earnings
 
5,058
5,048
Profit for the year
 
621
88
 
 
6,072
5,541
Non-current liabilities
 
  
Borrowings
2,541
2,541
 
 
2,541
2,541
Current liabilities
 
  
Borrowings
749
150
Financial derivatives
 
47
51
Other current liabilities
1,299
1,925
 
 
2,095
2,126
 
 
  
Total
 
10,708
10,208

Income statement of Koninklijke DSM N.V.

x € million
Notes
2016
2015
 
 
  
Other income
205
195
 
 
  
Wages and salaries
(78)
(61)
Social security and pension charges
 
(12)
(11)
Amortization of intangible assets and depreciation of property, plant and equipment
 
(8)
(8)
Cost of outsourced work and other external costs
 
(95)
(118)
 
 
  
Total operating expenses
 
(193)
(198)
 
 
  
Operating profit
 
12
(3)
 
 
  
Financial income
16
61
Financial expense
(112)
(150)
 
 
  
Result before income tax
 
(84)
(92)
Income tax
17
80
Share of the profit of subsidiaries
465
36
 
 
  
Profit after income tax
 
398
24
 
 
  
Share of the profit of associates and joint ventures
(9)
64
Other results related to associates and joint ventures
232
-
 
 
  
Net profit attributable to equity holders of Koninklijke DSM N.V.
 
621
88