DSM Integrated Annual Report 2020

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

x € million

 

Notes

 

2020

 

2019

 

 

 

 

 

 

 

Assets

 

 

 

 

 

 

Intangible assets

 

2

 

871

 

428

Property, plant and equipment

 

3

 

-

 

12

Financial assets

 

4

 

11,976

 

10,747

Deferred tax assets

 

5

 

132

 

71

Other deferred items

 

 

 

2

 

2

Non-current assets

 

 

 

12,981

 

11,260

 

 

 

 

 

 

 

Receivables

 

6

 

63

 

101

Cash and cash equivalents

 

 

 

-

 

1

Current assets

 

 

 

63

 

102

Total

 

 

 

13,044

 

11,362

 

 

 

 

 

 

 

Shareholders’ equity and liabilities

 

 

 

 

 

 

Issued share capital

 

 

 

338

 

338

Share premium

 

 

 

489

 

489

Treasury shares

 

 

 

(976)

 

(905)

Translation reserve

 

7

 

(289)

 

162

Reserve for capitalized development costs

 

7

 

223

 

267

Reserve for participating interests

 

7

 

120

 

116

Revaluation reserve

 

7

 

-

 

5

Hedging reserve

 

7

 

(68)

 

(122)

Other reserves

 

7

 

114

 

51

Retained earnings

 

 

 

7,082

 

6,711

 

 

 

 

7,033

 

7,112

Net profit for the year

 

 

 

506

 

758

Less: Interim dividend

 

 

 

(140)

 

(139)

Undistributed profit

 

 

 

366

 

619

Shareholders’ equity

 

7

 

7,399

 

7,731

 

 

 

 

 

 

 

Borrowings

 

8

 

3,237

 

2,244

Other non-current liabilities

 

 

 

8

 

8

Non-current liabilities

 

 

 

3,245

 

2,252

 

 

 

 

 

 

 

Borrowings

 

8

 

-

 

-

Derivatives

 

 

 

-

 

1

Other current liabilities

 

9

 

2,400

 

1,378

Current liabilities

 

 

 

2,400

 

1,379

Total

 

 

 

13,044

 

11,362

The accompanying notes are an integral part of these parent company financial statements.