
FINANCIAL PERFORMANCE
72
Consolidated statement of financial position
(NOK THOUSAND) 31.12.2019 31.12.2018
ASSETS
Non-current assets
Deferred tax assets 360 431 287 006
Other intangible assets 712 441 523 310
Property, plant and equipment 6 489 083 5 288 252
Investments in associates and joint ventures 1 485 922 1 532 513
Share investments 16 046 18 026
Other non-current financial receivables 73 217 94 242
Total non-current assets 9 137 139 7 743 349
Current assets
Inventories 2 829 761 2 840 690
Trade and other receivables 5 265 691 5 118 958
Cash and cash equivalents 1 902 945 1 011 564
Total current assets 9 998 398 8 971 212
Total assets 19 135 537 16 714 561
EQUITY AND LIABILITIES
Equity
Share capital 102 600 102 600
Other equity 9 201 969 8 142 274
Non-controlling interests 279 638 224 390
Total equity 9 584 207 8 469 264
Non-current liabilities
Pension liabilities 220 651 197 688
Deferred tax liabilities 37 852 37 465
Provisions 273 776 40 673
Interest-bearing debt 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 1 196 783 1 379 401
Trade payables 2 114 446 2 030 904
Tax payable 265 632 149 837
Other current liabilities 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
Odd Gleditsch d.y.
Chairman
Richard Arnesen
Einar Abrahamsen
Nicolai A. Eger
Birger Amundsen
Peter A. Ruzicka
Terje Andersen
Per Kristian Aagaard Morten Fon
President & CEO
Sandefjord, Norway, 13 February 2020
The Board of Directors
Jotun A/S