Financial performance
74 I Jotun Group Report 2021
Sandefjord, Norway, 15 February 2022
The Board of Directors
Jotun A/S
Camilla Hagen Sørlis signatur.
Morten Fon
President & CEO
CONSOLIDATED STATEMENT OF FINANCIAL POSITION
(NOK million) 31.12.2021 31.12.2020
ASSETS
Non-current assets
Deferred tax assets 386 358
Other intangible assets 765 741
Property, plant and equipment 7 612 6 985
Investments in associates and joint ventures 1 419 1 598
Share investments 9 16
Other non-current financial receivables 67 65
Total non-current assets 10 257 9 762
Current assets
Inventories 4 034 2 877
Trade and other receivables 5 753 4 979
Cash and cash equivalents 3 388 2 956
Total current assets 13 175 10 812
Total assets 23 432 20 574
EQUITY AND LIABILITIES
Equity
Share capital 103 103
Other equity 12 014 10 699
Non-controlling interests 352 326
Total equity 12 468 11 128
Non-current liabilities
Pension liabilities 296 243
Deferred tax liabilities 73 62
Provisions 188 314
Interest-bearing debt 2 995 3 007
Other non-current liabilities 15 50
Total non-current liabilities 3 567 3 675
Current liabilities
Interest-bearing debt 2 266 1 528
Trade payables 2 926 2 334
Tax payable 227 259
Other current liabilities 1 979 1 650
Total current liabilities 7 398 5 771
Total liabilities 10 964 9 446
Total equity and liabilities 23 432 20 574
Odd Gleditsch d.y.
Chairman
Jannicke Nilsson
Einar Abrahamsen
Camilla Hagen Sørli
Terje Andersen
Per Kristian Aagaard
Nicolai A. Eger
Bjørg Engevik Nilsen