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5.1 Consolidated balance sheet

(in thousands of euro)

  notes 31-12-16 31-12-15
 
ASSETS
 
Property, plant and equipment 8 71,672 69,771
Goodwill 9 59,102 58,189
Other intangible fixed assets 10 44,857 45,056
Equity-accounted investees 11 6,947 4,981
Net defined benefit asset 17 14,489 20,186
Deferred tax assets 1) 19 7,142 8,669
Other financial assets   538 -
Non-current assets   204,747 206,852
       
Inventories 12 321,553 338,684
Trade receivables 13 137,855 134,570
Current tax assets   7,661 9,899
Other receivables   14,527 21,452
Other financial instruments 22 6,049 6,048
Cash and cash equivalents 2) 14 49,421 172,479
Current assets   537,066 683,132
 
Total assets   741,813 889,984
1) The presentation of the defered tax assets and the deferred tax liabilities is adjusted in the comparative figures 2015 for presentation purposes.
2) As a result of a clarification of the IFRS Interpretation Committee (IFRIC) in April 2016 the balances in the notional cash pooling arrangements are presented gross as of 2016; this change in accounting policy is applied retrospectively.

The figures following the various items refer to the notes

  notes 31-12-16 31-12-15
 
EQUITY
 
Share capital 15 258 253
Share premium   43,734 44,264
Reserves   275,388 261,424
Total equity   319,380 305,941
 
LIABILITIES
 
Interest-bearing loans 16 47,173 58,963
Net defined benefit obligation and other long-term employee benefits 17 8,861 8,647
Deferred tax liabilities 1) 19 13,334 11,576
Provisions 20 4,044 4,186
Deferred revenue 21 1,201 2,005
Non-current liabilities   74,613 85,377
       
Revolving credit facility and bank overdrafts 2) 16 136,951 300,844
Interest-bearing loans 16 12,569 12,641
Current tax liabilities   9,879 19,821
Trade payables   153,198 135,585
Other current liabilities   27,322 19,776
Provisions 20 4,826 5,880
Deferred revenue 21 1,313 910
Other financial instruments 22 1,762 3,209
Current liabilities   347,820 498,666
 
Total liabilities   422,433 584,043
 
Total equity & liabilities   741,813 889,984
1) The presentation of the defered tax assets and the deferred tax liabilities is adjusted in the comparative figures 2015 for presentation purposes.
2) As a result of a clarification of the IFRS Interpretation Committee (IFRIC) in April 2016 the balances in the notional cash pooling arrangements are presented gross as of 2016; this change in accounting policy is applied retrospectively.

The figures following the various items refer to the notes