Note | Dec. 31, 2023 | Dec. 31, 2024 | |
€ million | € million | ||
Noncurrent assets | |||
Goodwill | 13 | 711 | 719 |
Other intangible assets | 13 | 519 | 471 |
Property, plant and equipment | 13 | 5,795 | 5,898 |
Investments accounted for using the equity method | 14 | 182 | 269 |
Other financial assets | 15 | 109 | 107 |
Other receivables | 17 | 114 | 125 |
Deferred taxes | 11 | 316 | 276 |
7,746 | 7,865 | ||
Current assets | |||
Inventories | 16 | 2,459 | 2,851 |
Trade accounts receivable | 1,898 | 1,749 | |
Other financial assets | 15 | 311 | 48 |
Other receivables | 17 | 496 | 517 |
Claims for income tax refunds | 11 | 102 | 92 |
Cash and cash equivalents | 625 | 509 | |
5,891 | 5,766 | ||
Total assets | 13,637 | 13,631 | |
Equity | 18 | ||
Capital stock of Covestro AG | 189 | 189 | |
Capital reserves of Covestro AG | 3,740 | 3,740 | |
Retained earnings incl. total income | 2,291 | 2,171 | |
Accumulated other comprehensive income | 370 | 558 | |
Equity attributable to Covestro AG shareholders | 6,590 | 6,658 | |
Equity attributable to noncontrolling interest | 28 | 21 | |
6,618 | 6,679 | ||
Noncurrent liabilities | |||
Provisions for pensions and other post-employment benefits | 19 | 464 | 387 |
Other provisions | 20 | 192 | 253 |
Financial debt | 21 | 2,740 | 2,444 |
Other financial liabilities | 22 | 16 | 12 |
Income tax liabilities | 11 | 29 | 49 |
Other nonfinancial liabilities | 23 | 24 | 27 |
Deferred taxes | 11 | 256 | 204 |
3,721 | 3,376 | ||
Current liabilities | |||
Other provisions | 20 | 356 | 348 |
Financial debt | 21 | 667 | 712 |
Trade accounts payable | 1,895 | 2,101 | |
Other financial liabilities | 22 | 128 | 133 |
Income tax liabilities | 11 | 48 | 61 |
Other nonfinancial liabilities | 23 | 204 | 221 |
3,298 | 3,576 | ||
Total equity and liabilities | 13,637 | 13,631 | |