Covestro Group Consolidated Statement of Financial Position – Covestro Quarterly Financial Report on October 29th 2024

Covestro Group Consolidated Statement of Financial Position

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Sep. 30, 2023 Sep. 30, 2024 Dec. 31, 2023
€ million € million € million
Noncurrent assets
Goodwill 717 707 711
Other intangible assets 537 486 519
Property, plant and equipment 5,711 5,678 5,795
Investments accounted for using the equity method 180 237 182
Other financial assets1 112 110 109
Other receivables1 186 279 114
Deferred taxes 323 275 316
7,766 7,772 7,746
Current assets
Inventories 2,594 2,726 2,459
Trade accounts receivable 2,029 1,954 1,898
Other financial assets1 168 270 311
Other receivables1 558 515 496
Claims for income tax refunds 81 87 102
Cash and cash equivalents 1,052 539 625
6,482 6,091 5,891
Total assets 14,248 13,863 13,637
Equity
Capital stock of Covestro AG 189 189 189
Capital reserves of Covestro AG 3,740 3,740 3,740
Retained earnings incl. total income 2,647 2,334 2,291
Accumulated other comprehensive income 468 386 370
Equity attributable to Covestro AG shareholders 7,044 6,649 6,590
Equity attributable to noncontrolling interest 31 19 28
7,075 6,668 6,618
Noncurrent liabilities
Provisions for pensions and other post-employment benefits 340 374 464
Other provisions 197 186 192
Financial liabilities 2,757 2,684 2,740
Other financial liabilities1 17 18 16
Income tax liabilities 26 43 29
Other nonfinancial liabilities1 22 24 24
Deferred taxes 223 233 256
3,582 3,562 3,721
Current liabilities
Other provisions 374 329 356
Financial liabilities 932 887 667
Trade accounts payable 1,744 1,975 1,895
Other financial liabilities1 149 146 128
Income tax liabilities 122 68 48
Other nonfinancial liabilities1 270 228 204
3,591 3,633 3,298
Total equity and liabilities 14,248 13,863 13,637

1 Prior-year figures adjusted. Explanations can be found in the relevant notes in the Annual Report 2023.

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