CONSOLIDATED STATEMENT OF FINANCIAL POSITION
(NOK million) 31.12.2020 31.12.2019
ASSETS
Deferred tax assets 358 360
Other intangible assets 741 712
Property, plant and equipment 6 985 6 489
Investments in associates and joint ventures 1 598 1 486
Share investments 16 16
Other non-current financial receivables 65 73
Total non-current assets 9 762 9 137
Current assets
Inventories 2 877 2 830
Trade and other receivables 4 979 5 266
Cash and cash equivalents 2 956 1 903
Total current assets 10 812 9 998
Total assets 20 574 19 136
EQUITY AND LIABILITIES
Equity
Share capital 103 103
Other equity 10 699 9 202
Non-controlling interests 326 280
Total equity 11 128 9 584
Non-current liabilities
Pension liabilities 243 221
Deferred tax liabilities 62 38
Provisions 314 274
Interest-bearing debt 3 007 3 361
Other non-current liabilities 50 46
Total non-current liabilities 3 675 3 939
Current liabilities
Interest-bearing debt 1 528 1 197
Trade payables 2 334 2 114
Tax payable 259 266
Other current liabilities 1 650 2 036
Total current liabilities 5 771 5 613
Total liabilities 9 446 9 551
Total equity and liabilities 20 574 19 136
Sandefjord, Norway, 18 February 2021
The Board of Directors
Jotun A/S
Camilla Hagen Sørlis signatur.
Morten Fon
President & CEO
Odd Gleditsch d.y.
Chairman
Jannicke Nilsson
Einar Abrahamsen
Nicolai A. Eger
Kai Roger Johansen
Camilla Hagen Sørli
Terje Andersen
Per Kristian Aagaard
Financial performance
76 I Jotun Group Report 2020