Consolidated Balance Sheet

in thousands of EUR	Notes	31 December 2016	31 December 2015

ASSETS
Non-current assets
Property, plant and equipment	13	443,820	431,312
Goodwill	14	1,012,059	1,025,213
Other intangible assets	15	445,645	454,418
Deferred income tax assets	27	74,617	67,186
Investments in Associates and Joint Ventures	18	36,345	40,438
Other non-current assets	17	45,291	44,680
		2,057,777	2,063,247
Current assets
Inventories	19	292,979	264,014
Trade and other receivables	20	291,494	266,916
Current income tax receivables		6,145	5,622
Derivative financial instruments	32	5,223	1,201
Cash and cash equivalents	21	181,101	198,302
		776,942	736,055
Total assets		2,834,719	2,799,302

EQUITY AND LIABILITIES
Equity attributable to equity holders
Share capital	22	58,140	51,815
Other reserves	23	- 92,618	- 59,723
Retained earnings	24	981,384	786,428
		946,906	778,520
Non-controlling interests	25	59,667	53,255
Total equity		1,006,573	831,775

Non-current liabilities
Borrowings	26	388,253	775,744
Deferred income tax liabilities	27	134,040	142,565
Post-employment benefits	28	75,693	64,704
Provisions	29	12,332	11,282
Derivative financial instruments	32	4,169	1,039
Other non-current liabilities	31	13,310	16,075
		627,797	1,011,409
Current liabilities
Trade and other payables	33	588,424	533,609
Current income tax liabilities		41,827	32,544
Borrowings	26	543,190	361,737
Derivative financial instruments	32	865	2,045
Provisions	29	26,043	26,183
		1,200,349	956,118
Total liabilities		1,828,146	1,967,527
Total equity and liabilities		2,834,719	2,799,302

The accompanying notes are an integral part of these consolidated financial statements.