Parent company financial statements
Balance sheet at 31 December of Koninklijke DSM N.V. before profit appropriation
|
x € million
|
Notes
|
2018
|
2017
|
|
Assets
|
|
||
|---|---|---|---|
|
Non-current assets
|
|
||
|
Intangible assets
|
431
|
433
|
|
|
Property, plant and equipment
|
13
|
12
|
|
|
Financial assets
|
10,480
|
9,640
|
|
|
Deferred tax assets
|
82
|
131
|
|
|
Other deferred items
|
|
2
|
-
|
|
|
11,008
|
10,216
|
|
|
Current assets
|
|
||
|
Receivables
|
123
|
79
|
|
|
Financial derivatives
|
|
-
|
1
|
|
Cash and cash equivalents
|
|
-
|
2
|
|
|
123
|
82
|
|
|
|
|||
|
Total
|
|
11,131
|
10,298
|
|
|
|||
|
Shareholders' equity and liabilities
|
|
||
|
Shareholders' equity
|
|||
|
Share capital
|
|
338
|
338
|
|
Share premium
|
|
489
|
489
|
|
Treasury shares
|
|
(371)
|
(398)
|
|
Other reserves
|
|
(55)
|
(622)
|
|
Retained earnings
|
|
6,304
|
5,386
|
|
Profit for the year
|
|
1,077
|
1,769
|
|
|
7,782
|
6,962
|
|
|
Non-current liabilities
|
|
||
|
Borrowings
|
2,243
|
2,542
|
|
|
Other non-current liabilities
|
|
8
|
-
|
|
|
2,251
|
2,542
|
|
|
Current liabilities
|
|
||
|
Borrowings
|
300
|
-
|
|
|
Financial derivatives
|
|
5
|
-
|
|
Other current liabilities
|
793
|
794
|
|
|
|
1,098
|
794
|
|
|
|
|||
|
Total
|
|
11,131
|
10,298
|
Income statement of Koninklijke DSM N.V.
|
x € million
|
Notes
|
2018
|
2017
|
|
|
|||
|
Other income
|
167
|
173
|
|
|
|
|||
|
Cost of outsourced work and other external costs
|
|
(88)
|
(84)
|
|
Wages and salaries
|
(65)
|
(72)
|
|
|
Social security and pension charges
|
|
(7)
|
(8)
|
|
Amortization of intangible assets and depreciation of Property, plant and equipment
|
|
(9)
|
(12)
|
|
|
|||
|
Total operating expenses
|
|
(169)
|
(176)
|
|
|
|||
|
Operating profit
|
|
(2)
|
(3)
|
|
|
|||
|
Financial income
|
-
|
15
|
|
|
Financial expense
|
(76)
|
(105)
|
|
|
|
|||
|
Result before income tax
|
|
(78)
|
(93)
|
|
Income tax
|
14
|
18
|
|
|
Share of the profit of subsidiaries
|
1,054
|
590
|
|
|
|
|||
|
Result after income tax
|
|
990
|
515
|
|
|
|||
|
Share of the profit of associates and joint ventures
|
11
|
18
|
|
|
Other results related to associates and joint ventures
|
76
|
1,236
|
|
|
|
|||
|
Net profit attributable to equity holders of Koninklijke DSM N.V.
|
|
1,077
|
1,769
|