a.s.r. annual report 2022

Company balance sheet

(in € millions and before profit appropriation)	Note	31 December 2022	31 December 2021
Non-current assets
Intangible assets	6.11.3.2	35	38
Property and equipment	6.11.3.3	219	229
Subsidiaries	6.11.3.4	6,265	8,293
Investments	6.11.3.5	2,039	502
Loans to group companies	6.11.3.6	71	45
Loans and deposits	6.11.3.7	-	20
Derivatives		3	-
Deferred tax assets	6.11.3.8	-	62
Total non-current assets		8,633	9,191

Current assets
Other receivables	6.11.3.9	3,363	3,587
Cash and cash equivalents	6.11.3.10	104	18
Total current assets		3,468	3,605

Total assets		12,101	12,796

Equity
Share capital	6.11.3.11	24	22
Share premium reserve	6.11.3.11	1,533	956
Legal reserves	6.11.3.11	27	2,445
Actuarial gains and losses	6.11.3.11	-168	-1,055
Retained earnings	6.11.3.11	3,783	3,247
Treasury shares	6.11.3.11	-79	-83

Net result for the year		732	942
Less: interim dividend		-131	-111
Unappropriated result	6.11.3.11	601	830
Equity attributable to shareholders		5,722	6,363
Other equity instruments	6.11.3.11	1,004	1,004
Equity attributable to holders of equity instruments		6,726	7,367

Provisions
Employee benefits	6.11.3.12	2,742	4,013
Other provisions	6.11.3.13	3	8
Total provisions		2,745	4,021

Long-term liabilities
Subordinated liabilities	6.11.3.14	1,980	992
Borrowings	6.11.3.15	226	234
Deferred tax liabilities	6.11.3.8	130	-
Total long-term liabilities		2,336	1,226

Current liabilities
Due to banks	6.11.3.16	78	105
Other liabilities	6.11.3.17	216	77
Total current liabilities		294	182

Total equity and liabilities		12,101	12,796

The numbers following the line items refer to the relevant chapters in the notes to the company financial statements.