Consolidated Statement of Financial Position in millions of Swiss francs Note 31 December 2021 31 December 2020 Assets Cash and cash equivalents 5, 18 273 411 Derivative financial instruments 5 16 54 Financial assets at fair value through income statement 5 4 4 Accounts receivable - trade 5, 19 1,464 1,359 Inventories 20 1,380 1,201 Current tax assets 16 57 66 Prepayments 65 50 Other current assets 5 147 154 Current assets 3,406 3,299 Derivative financial instruments 5 37 65 Property, plant and equipment 21 2,291 2,222 Intangible assets 22 4,853 4,543 Deferred tax assets 16 182 218 Post-employment benefit plan assets 8 69 20 Financial assets at fair value through income statement 5, 6 297 180 Interests in joint ventures and investments in associates 10 37 35 Other non-current assets 248 76 Non-current assets 8,014 7, 3 5 9 Total assets 11,420 10,658 in millions of Swiss francs Note 31 December 2021 31 December 2020 Liabilities and equity Short-term debt 5, 23 428 206 Derivative financial instruments 5 37 49 Accounts payable - trade and others 5 1,008 809 Accrued payroll and payroll taxes 235 211 Current tax liabilities 16 188 157 Financial liability - own equity instruments 26 148 108 Provisions 25 13 23 Other current liabilities 261 233 Current liabilities 2,318 1,796 Derivative financial instruments 5 61 103 Long-term debt 5, 23 4,239 4,245 Provisions 25 83 71 Post-employment benefit plan liabilities 8 371 545 Deferred tax liabilities 16 280 310 Other non-current liabilities 127 80 Non-current liabilities 5,161 5,354 Total liabilities 7, 4 7 9 7, 1 5 0 Share capital 27 92 92 Retained earnings and reserves 27 6,365 6,133 Own equity instruments 26, 27 (211) (168) Other components of equity (2,317) (2,567) Equity attributable to equity holders of the parent 3,929 3,490 Non-controlling interests 12 18 Total equity 3,941 3,508 Total liabilities and equity 11,420 10,658 The notes on pages 46 to 97 form an integral part of these financial statements. 43 Givaudan — 2021 Governance, Compensation and Financial Report Governance Report Compensation Report Consolidated Financial Report Statutory Financial Report Appendix Consolidated financial statements