Consolidated financial statements •59
CONSOLIDATED
BALANCE SHEET
AT 31 DECEMBER
DKKmillion
Notes
2014
2013
ASSETS
Goodwill
2,080
1,904
Brand
1,053
1,053
Distribution network
268
300
Distribution rights
1,047
1,042
Other intangible assets
411
318
Total intangible assets
3.1
4,859
4,617
Property, plant and equipment
3.2
711
497
Deferred tax assets
2.5
407
276
Other non-current financial assets
99
48
Total non-current assets
6,076
5,438
Inventories
3.3
1,684
1,490
Financial instruments
4.5
99
-
Trade receivables
3.4
1,110
895
Tax receivable
52
35
Other receivables
404
731
Cash
4.3
1,131
686
Total current assets
4,480
3,837
Total assets
10,556
9,275
EQUITYAND LIABILITIES
Share capital
4.1
128
130
Share premium
1,229
1,248
Treasury shares
-2,679
-738
Reserves
729
205
Proposed dividend
1,088
823
Retained earnings
6,537
4,794
Total equity
7,032
6,462
Provisions
3.5
61
35
Deferred tax liabilities
2.5
430
471
Other non-current liabilities
-
3
Total non-current liabilities
491
509
Provisions
3.5
678
471
Loans and borrowings
4.3
10
49
Financial instruments
4.5
268
148
Trade payables
804
539
Income tax payable
643
546
Other payables
630
551
Total current liabilities
3,033
2,304
Total liabilities
3,524
2,813
Total equity and liabilities
10,556
9,275
