Consolidated Statement of Financial Position As at 31 December in millions of Swiss francs 31 December 2021 31 December 2020 Cash and cash equivalents 273 411 Derivative financial instruments 16 54 Financial assets at fair value through income statement 4 4 Accounts receivable - trade 1,464 1,359 Inventories 1,380 1,201 Current tax assets 57 66 Prepayments 65 50 Other current assets 147 154 Current assets 3,406 3,299 Derivative financial instruments 37 65 Property, plant and equipment 2,291 2,222 Intangible assets 4,853 4,543 Deferred tax assets 182 218 Post-employment benefit plan assets 69 20 Financial assets at fair value through income statement 297 180 Interests in joint ventures and investments in associates 37 35 Other long-term assets 248 76 Non-current assets 8,014 7, 3 5 9 Total assets 11,420 10,658 Short-term debt 428 206 Derivative financial instruments 37 49 Accounts payable - trade and others 1,008 809 Accrued payroll & payroll taxes 235 211 Current tax liabilities 188 157 Financial liability - own equity instruments 148 108 Provisions 13 23 Other current liabilities 261 233 Current liabilities 2,318 1,796 Derivative financial instruments 61 103 Long-term debt 4,239 4,245 Provisions 83 71 Post-employment benefit plan liabilities 371 545 Deferred tax liabilities 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 92 92 Retained earnings and reserves 6,365 6,133 Own equity instruments (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 Givaudan 6 2021 Integrated Annual Report 138 Consolidated statements Co nsolidated financial statements