Parent company financial statements

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

x € million
Notes
2017
2016
Assets
 
  
Non-current assets
 
  
Intangible assets
433
447
Property, plant and equipment
12
15
Financial assets
9,640
9,975
Deferred tax assets
131
173
 
 
10,216
10,610
Current assets
 
  
Receivables
79
98
Financial derivatives
 
1
-
Cash and cash equivalents
 
2
-
 
 
82
98
 
 
  
Total
 
10,298
10,708
 
 
  
Shareholders' equity and liabilities
 
  
Shareholders' equity
  
Share capital
 
338
338
Share premium
 
489
489
Treasury shares
 
(398)
(339)
Other reserves
 
(622)
(95)
Retained earnings
 
5,386
5,058
Profit for the year
 
1,769
621
 
 
6,962
6,072
Non-current liabilities
 
  
Borrowings
2,542
2,541
 
 
2,542
2,541
Current liabilities
 
  
Borrowings
-
749
Financial derivatives
 
-
47
Other current liabilities
794
1,299
 
 
794
2,095
 
 
  
Total
 
10,298
10,708

Income statement of Koninklijke DSM N.V.

x € million
Notes
2017
2016
 
 
  
Other income
173
205
 
 
  
Cost of outsourced work and other external costs
 
(84)
(95)
Wages and salaries
(72)
(78)
Social security and pension charges
 
(8)
(12)
Amortization of intangible assets and depreciation of Property, plant and equipment
 
(12)
(8)
 
 
  
Total operating expenses
 
(176)
(193)
 
 
  
Operating profit
 
(3)
12
 
 
  
Financial income
15
16
Financial expense
(105)
(112)
 
 
  
Result before income tax
 
(93)
(84)
Income tax
18
17
Share of the profit of subsidiaries
590
465
 
 
  
Result after income tax
 
515
398
 
 
  
Share of the profit of associates and joint ventures
18
(9)
Other results related to associates and joint ventures
1,236
232
 
 
  
Net profit attributable to equity holders of Koninklijke DSM N.V.
 
1,769
621