Company balance sheet as at 31 December 2018


(in thousands of euros)

Note

31 December 2018

31 December 2017

Assets

Investments in subsidiaries

30

4,016,686

3,764,134

Investments in associates

30

706,526

673,803

Derivatives

40,631

17,541

Deferred tax assets

7,984

6,960

Non-current assets

4,771,827

4,462,438

Receivables

31

1,423,686

1,172,371

Income tax receivable

31

25,994

12,975

Cash and cash equivalents

31

29,473

25,181

Current assets

1,479,153

1,210,527

Total assets

6,250,980

5,672,965

Equity and liabilities

Issued share capital

84,511

84,511

Share premium

362,811

362,811

Retained profits

2,395,104

2,411,167

Other reserves

-76,606

-81,179

Revaluation reserve

686,347

564,617

Other statutory reserves

338,066

314,582

Net result of the year

278,451

279,703

Shareholders' equity

32

4,068,684

3,936,212

Deferred tax liabilities

8,286

4,385

Loans and borrowings - EMTN programme

23

1,708,512

1,336,782

Non-current liabilities

1,716,798

1,341,167

Current liabilities

34

465,498

395,586

Current liabilities

465,498

395,586

Total liabilities

2,182,296

1,736,753

Total equity and liabilities

6,250,980

5,672,965

Next:

Notes to the company financial statements