SOFP

Assets 2021 2020 2019 2018 2017

Cash & cash equivalents 1,481 2,465 1,054 1,224 2,830
Restricted cash 5 2 30 69 5
Accounts receivable 4,808 3,441 3,102 3,503 3,539
Inventory 4,901 4,344 4,588 4,515 4,217
Other current assets 1,022 1,382 736 1,255 1,147
Current assets 12,217 11,634 9,510 10,566 11,738
Operating lease assets 1,946 1,492 1,468 0 0
Property, Plant & Equipment 14,556 14,386 14,130 12,477 10,997
Property, Plant & Equipment 16,502 15,878 15,598 12,477 10,997
Equity investment 4,786 4,729 2,106 2,080 2,055
Goodwill 1,875 1,953 1,891 1,814 570
Intangible assets 695 751 869 965 568
Other non-current assets 667 458 461 376 278
Non-current assets 24,525 23,769 20,925 17,712 14,468
Total assets 36,742 35,403 30,435 28,278 26,206

Liabilities and Equity 2021 2020 2019 2018 2017

Short-term borrowings 368 671 448 890 70
Accounts payable 4,291 2,948 2,928 3,087 2,895
Other current liabilities 2,571 1,883 1,822 1,536 1,812
Current liabilities 7,230 5,502 5,198 5,513 4,777
Long-term borrowings 11,246 15,286 11,614 8,497 8,549
Deffered income taxes 2,334 2,332 2,015 1,975 1,655
Other non-current liabilities 3,944 4,179 3,429 1,897 2,275
Non-current liabilities 17,524 21,797 17,058 12,369 12,479
Total liabilities 24,754 27,299 22,256 17,882 17,256
Share capital & premium 6,063 6,005 5,973 7,063 10,237
Treasury shares (965) (531) (580) (2,206) (15,749)
Retained earnings 8,563 4,440 4,435 6,763 15,746
Other reserves (1,803) (1,943) (1,784) (1,363) (1,285)
Owners' equity 11,858 7,971 8,044 10,257 8,949
Non-controlling interests 130 133 135 139 1
Total equity 11,988 8,104 8,179 10,396 8,950
Total liabilities & equity 36,742 35,403 30,435 28,278 26,206
0 0 0 0 0
IS

2021 2020 2019 2018

Revenue 46,173 27,753 34,727 39,004
Cost-of-goods sold (37,397) (24,359) (29,301) (32,529)
Selling and distribution costs (1,255) (1,140) (1,199) (1,129)
Cost-of-sales (38,652) (25,499) (30,500) (33,658)
Gross profit 7,521 2,254 4,227 5,346
R&D expense 124 113 111 115
Other operating expenses 624 582 0 0
Core operating profit 6,773 1,559 4,116 5,231
Other income 523 341 264 395
Interest income 9 12 19 45
Operating profit (PBIT) 7,305 1,912 4,399 5,671
Lease expenses
Interest expenses (519) (526) (347) (360)
Finance expenses (519) (526) (347) (360)
Profit before tax 6,786 1,386 4,052 5,311
Tax expenses (1,163) 43 (648) (613)
Income from continuing operations 5,623 1,429 3,404 4,698
Loss from discontinued operations (6) (2) (7) (8)
Profit after tax (underlying) 5,617 1,427 3,397 4,690
Profit attributable to owners 5,610 1,420 3,390 4,688
Profit due to minority interests (non-controlling interests) (7) (7) (7) (2)

Financial derivatives 72 (226) (132) 54

Unrealised losses/gains of available-for-sale securities (1) 1 0 0
Defined benefit pension ans other post-retirement benefit plans 224 (41) (269) 30
Foreign currency translations (155) 107 (20) (92)
Reported profit after tax 5,757 1,268 2,976 4,682
 SOCF

2017 2021 2020 2019 2018

34,484 Profit after tax 5,617 1,427 3,397 4,690
(28,059) Interest income (9) (12) (19) (45)
(859) Interest expense 519 526 347 360
(28,918) Net financial expense 510 514 328 315
5,566 Depreciation and amortization 1,393 1,385 1,312 1,241
106 Share-base compensation 66 55 48 39
0 Impairments 624 582 0 0
5,460 Other non-cash items (163) 368 253 274
500 Equity investment income (146) (97) 22 (18)
24 Change in non-cash working capital 304 (316) (71) (755)
5,984 Cash flow from operating activities 8,205 3,918 5,289 5,786

(491)
(491) 2021 2020 2019 2018
5,493 Interest income 9 12 19 45
(598) Purchase of PP&E (1,959) (1,947) (2,694) (2,105)
4,895 Purchase of intangibles 0 0 0 (1,776)
(18) Purchase of financial assets (355) (878) (141) (1,192)
4,877 Acquisition of equity method investment (106) (2,440) 0 0
4,879 Proceeds from sales of financial assets 1,039 427 1,370 1,665
2 Other investment expense (121) (68) (170) (151)
Cash flow from investing activities (1,493) (4,894) (1,616) (3,514)
(45)
16
77 2021 2020 2019 2018
178 Dividends paid (1,486) (1,405) (1,462) (1,554)
5,103 Repurchase of company ordinary shares (463) (4) (3,752) (1,854)
Interest expense (519) (526) (347) (360)
Proceeds from bond issuance 0 6,378 5,031 0
Repayment of long-term debt (3,925) (2,880) (2,974) (394)
Debt-related costs (153) (140) (22) 0
Proceeds from short-term debt issuance 0 521 2,500 0
Repayment of short-term debt 0 (506) (1,526) 0
Net proceeds from commercial paper (296) 239 (549) 810
Derivatives contract charges (49) 113 0 0
Other financing expense (13) (45) (81) (16)
Cash flow from financing activities (6,904) 1,745 (3,182) (3,368)

Effect of exchange rates on cash (96) 108 (4) (31)

Increase (decrease) in cash position (288) 877 487 (1,127)
Starting cash position 1,765 888 401 1,528
Ending cash position 1,477 1,765 888 401
(288) 877 487 (1,127)
 2017
4,877
(24)
491
467
1,174
55
0
(523)
(120)
(257)
5,673

2017
24
(1,547)
0
(1,823)
0
1,719
(105)
(1,732)

2017
(1,415)
(866)
(491)
990
(1,000)
(73)
0
0
(493)
0
(2)
(3,350)

59
650
878
1,528
650