Boskalis 2018 Half Year Report

HALF YEAR REPORT 2018 – BOSKALIS 22 INTERIM CONSOLIDATED FINANCIAL STATEMENTS 22 CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION (Condensed Consolidated Balance Sheet) 30 JUNE 1 JANUARY (in millions of EUR) Note 2018 2018 REVISED*) NON-CURRENT ASSETS Intangible assets [10] 121.2 277.4 Property, plant and equipment [11] 2,373.4 2,538.1 Investments in joint ventures and associated companies [12] 708.9 775.6 Other non-current assets 18.2 20.7 3,221.7 3,611.8 CURRENT ASSETS Inventories and receivables 1,225.7 1,024.6 Cash and cash equivalents 220.4 191.9 1,446.1 1,216.5 TOTAL ASSETS 4,667.8 4,828.3 GROUP EQUITY Shareholders' equity [16] 2,619.7 3,021.5 Non-controlling interests 2.7 2.4 2,622.4 3,023.9 NON-CURRENT LIABILITIES Interest-bearing borrowings [13] 279.9 270.6 Provisions 62.0 56.0 Other liabilities and payables 13.9 11.7 355.8 338.3 CURRENT LIABILITIES Interest-bearing borrowings [13] 145.3 0.3 Bank overdrafts 33.9 40.8 Other liabilities, payables and provisions 1,510.4 1,425.0 1,689.6 1,466.1 TOTAL GROUP EQUITY AND LIABILITIES 4,667.8 4,828.3 Solvency 56.2% 62.6% * Refer to notes 3 and 16 relating to the changes in accounting policies. The notes on pages 25 to 33 are an integral part of these Interim Consolidated Financial Statements for the first half year 2018.