Consolidated statement of financial position
(NOK THOUSAND) Note 31.12.2019 31.12.2018
ASSETS
Non-current assets
Deferred tax assets 5.1 360 431 287 006
Other intangible assets 3.2 712 441 523 310
Property, plant and equipment 3.3 6 489 083 5 288 252
Investments in associates and joint ventures 3.4, 5.5 1 485 922 1 532 513
Share investments 5.9 16 046 18 026
Other non-current financial receivables 4.1, 5.9 73 217 94 242
Total non-current assets 9 137 139 7 743 349
Current assets
Inventories 3.5 2 829 761 2 840 690
Trade and other receivables 3.6, 5.9 5 265 691 5 118 958
Cash and cash equivalents 4.2, 5.9 1 902 945 1 011 564
Total current assets 9 998 398 8 971 212
Total assets 19 135 537 16 714 561
(NOK THOUSAND) Note 31.12.2019 31.12.2018
EQUITY AND LIABILITIES
Equity
Share capital 5.8 102 600 102 600
Other equity 9 201 969 8 142 274
Non-controlling interests 5.7 279 638 224 390
Total equity 9 584 207 8 469 264
Non-current liabilities
Pension liabilities 5.2 220 651 197 688
Deferred tax liabilities 5.1 37 852 37 465
Provisions 3.8 273 776 40 673
Interest-bearing debt 4.1, 5.9 3 360 721 2 252 768
Other non-current liabilities 45 638 36 690
Total non-current liabilities 3 938 639 2 565 284
Current liabilities
Interest-bearing debt 4.1 1 196 783 1 379 401
Trade payables 5.9 2 114 446 2 030 904
Tax payable 5.1 265 632 149 837
Other current liabilities 3.7, 3.8, 5.9 2 035 832 2 119 872
Total current liabilities 5 612 692 5 680 013
Total liabilities 9 551 330 8 245 297
Total equity and liabilities 19 135 537 16 714 561
Sandefjord, Norway, 13 February 2020
The Board of Directors
Jotun A/S
Odd Gleditsch d.y.
Chairman
Richard Arnesen
Einar Abrahamsen
Nicolai A. Eger
Birger Amundsen
Peter Arne Ruzicka
Terje Andersen
Per Kristian Aagaard Morten Fon
President & CEO
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JOTUN GROUP
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