2015 Activity and Sustainable Development Report7

5

PERFORMANCES

Consolidated balance sheet

In millions of euros - For the year ended December 31 2015 2014

ASSETS

Goodwill 4,266.6 4,243.9 Intangible assets 1,108.0 1,084.0 Property, plant and equipment 288.7 287.1 Long-term investments 33.8 24.8

Deferred tax assets 159.0 175.2 Total non-current assets 5,856.2 5,815.0

Inventories 1,535.0 1,487.2 Trade accounts receivable 2,129.4 2,206.0 Current tax assets 47.6 9.7 Other accounts receivable 495.3 499.0 Assets held for sale 53.8 3.7

Cash and cash equivalents 804.8 1,159.8 Total current assets 5,065.8 5,365.4

Total assets 10,922.1 11,180.4

EQUITY

Share capital 1,509.4 1,460.0 Share premium 1,680.5 1,599.8

Reserves and retained earnings 1,154.1 1,275.9

Total equity attributable to equity holders of the parent 4,343.9 4,335.7

Non-controlling interests 9.0 7.7 Total equity 4,352.9 4,343.4

LIABILITIES

Interest bearing debt (non-current part) 2,342.1 2,995.9 Net employee defined benefit liabilities 343.4 344.2 Deferred tax liabilities 211.2 196.9 Provision and other non-current liabilities 72.3 93.7 Total non-current liabilities 2,968.9 3,630.7

Interest bearing debt (current part) 660.4 361.5 Accrued interest 8.1 9.7 Trade accounts payable 2,138.3 2,126.8 Income tax payable 29.8 42.1 Other current liabilities 712.9 666.2

Liabilities related to assets held for sale 50.7 - Total current liabilities 3,600.2 3,206.3

Total liabilities 6,569.1 6,837.0

Total equity and liabilities 10,922.1 11,180.4