Consolidated statement of financial position
For the year ended 31 December 2023; amounts in € million
Note | 31-12-2023 | 31-12-2022 | |
ASSETS | |||
Non-current assets | |||
Intangible fixed assets | 14 | 5 | 6 |
Investment property | 15 | 8,674 | 9,448 |
Investment property under construction | 16 | 381 | 225 |
Property, plant and equipment | 17 | 18 | 21 |
Financial assets | 18 | 1 | 3 |
Total non-current assets | 9,079 | 9,703 | |
Current assets | |||
Trade and other receivables | 19 | 3 | 2 |
Cash and cash equivalents | 20 | 4 | 11 |
Total current assets | 7 | 13 | |
Total assets | 9,086 | 9,716 | |
EQUITY AND LIABILITIES | |||
Equity | |||
Group equity | 21 | 6,392 | 7,298 |
Non-current liabilities | |||
Financial liabilities | 22 | 2,133 | 1,936 |
Lease liabilities | 23 | 129 | 148 |
Total non-current liabilities | 2,262 | 2,084 | |
Current liabilities | |||
Financial liabilities | 22 | 338 | 241 |
Provisions | 24 | 8 | 3 |
Trade and other payables | 25 | 85 | 89 |
Lease liabilities | 23 | 1 | 1 |
Total current liabilities | 432 | 334 | |
Total liabilities | 2,694 | 2,418 | |
Total equity and liabilities | 9,086 | 9,716 | |
Net Asset Value (NAV) per participation right in € | |||
Basic IFRS NAV | 21 | 179.77 | 203.92 |