Notes | 2019 €m | 2018 €m | |
Revenue | 5.7.1. | 6,651 | 6,505 |
Other operating income | 48 | 74 | |
Consumption of current programme rights | (2,244) | (2,103) | |
Depreciation, amortisation, impairment and valuation allowance | (267) | (211) | |
Other operating expenses | 7.2. | (3,112) | (3,150) |
Impairment of goodwill and amortisation and impairment of fair value adjustments on acquisitions of subsidiaries | (15) | (120) | |
Gain/(loss) from sale of subsidiaries, other investments and re-measurement to fair value of pre-existing interest in acquiree | 7.3. | 86 | 25 |
Profit from operating activities | 1,147 | 1,020 | |
Share of results of investments accounted for using the equity method | 8.5. | 14 | 56 |
Earnings before interest and taxes ("EBIT") | 3. | 1,161 | 1,076 |
Interest income | 7.4. | 5 | 9 |
Interest expense | 7.4. | (37) | (29) |
Financial results other than interest | 7.5. | 27 | 7 |
Profit before taxes | 1,156 | 1,063 | |
Income tax expense | 7.6. | (292) | (278) |
Profit for the year | 864 | 785 | |
Attributable to: | |||
RTL Group shareholders | 754 | 668 | |
Non-controlling interests | 110 | 117 | |
Profit for the year | 864 | 785 | |
EBITA | 3. | 1,139 | 1,171 |
Impairment of goodwill of subsidiaries | 8.2. | – | (105) |
Impairment of investments accounted for using the equity method | 8.5.1. | (50) | (2) |
Amortisation and impairment of fair value adjustments on acquisitions of subsidiaries | (15) | (15) | |
Re-measurement of earn-out arrangements | 1 | 2 | |
Gain/(loss) from sale of subsidiaries, other investments and re-measurement to fair value of pre-existing interest in acquiree | 7.3. | 86 | 25 |
Earnings before interest and taxes ("EBIT") | 3. | 1,161 | 1,076 |
EBITDA | 3. | 1,405 | 1,380 |
Depreciation, amortisation and impairment | (281) | (224) | |
Impairment of goodwill of subsidiaries | 8.2. | – | (105) |
Impairment of investments accounted for using the equity method | 8.5.1. | (50) | (2) |
Re-measurement of earn-out arrangements | 1 | 2 | |
Gain/(loss) from sale of subsidiaries, other investments and re-measurement to fair value of pre-existing interest in acquiree | 7.3. | 86 | 25 |
Earnings before interest and taxes ("EBIT") | 3. | 1,161 | 1,076 |
Earnings per share (in € ) | |||
Basic | 7.7. | 4.91 | 4.35 |
Diluted | 7.7. | 4.91 | 4.35 |
Notes | 2019 €m | 2018 €m | |
Profit for the year | 864 | 785 | |
Other comprehensive income ("OCI"): | |||
Items that will not be reclassified to profit or loss: | |||
Re-measurement of post-employment benefit obligations | 8.15. | (21) | 5 |
Income tax | 8.7. | 4 | (1) |
(17) | 4 | ||
Equity investments at fair value through OCI – change in fair value | 8.6. | (2) | 2 |
Income tax | 8.7. | – | 1 |
(2) | 3 | ||
(19) | 7 | ||
Items that may be reclassified subsequently to profit or loss: | |||
Foreign currency translation differences | 6 | 8 | |
Effective portion of changes in fair value of cash flow hedges | 8.16.4. | 12 | 32 |
Income tax | 8.7. | (4) | (10) |
8 | 22 | ||
Recycling of cash flow hedge reserve | 8.16.4. | (6) | 2 |
Income tax | 8.7. | 2 | (1) |
(4) | 1 | ||
10 | 31 | ||
Other comprehensive income/(loss) for the year, net of income tax | (9) | 38 | |
Total comprehensive income for the year | 855 | 823 | |
Attributable to: | |||
RTL Group shareholders | 748 | 707 | |
Non-controlling interests | 107 | 116 | |
Total comprehensive income for the year | 855 | 823 |
Notes | 31 December 2019 €m | 31 December 2018 €m | |
Non-current assets | |||
Programme and other rights | 8.1. | 92 | 91 |
Goodwill | 8.1. 8.2. | 3,093 | 2,919 |
Other intangible assets | 8.1. | 233 | 213 |
Property, plant and equipment | 8.3. | 315 | 332 |
Right-of-use assets | 8.4. | 380 | - |
Investments accounted for using the equity method | 8.5. | 352 | 395 |
Loans and other financial assets | 8.6. 8.9. | 148 | 133 |
Deferred tax assets | 8.7. | 332 | 333 |
4,945 | 4,416 | ||
Current assets | |||
Programme rights | 8.8. | 1,226 | 1,236 |
Other inventories | 13 | 11 | |
Income tax receivable | 33 | 24 | |
Accounts receivable and other financial assets | 8.9. | 2,275 | 2,133 |
Cash and cash equivalents | 8.10. | 377 | 422 |
3,924 | 3,826 | ||
Assets classified as held for sale | 8.11. | 88 | 82 |
Current liabilities | |||
Loans and bank overdrafts | 8.12. | 157 | 333 |
Lease liabilities | 8.12. | 59 | - |
Income tax payable | 24 | 40 | |
Accounts payable | 8.13. | 2,778 | 2,626 |
Contract liabilities | 7.1. | 299 | 295 |
Provisions | 8.14. | 97 | 126 |
3,414 | 3,420 | ||
Liabilities directly associated with non-current assets classified as held for sale | 8.11. | 43 | 63 |
Net current assets | 555 | 425 | |
Non-current liabilities | |||
Loans | 8.12. | 631 | 561 |
Lease liabilities | 8.12. | 373 | - |
Accounts payable | 8.13. | 388 | 462 |
Contract liabilities | 7.1. | 6 | 7 |
Provisions | 8.14. | 257 | 229 |
Deferred tax liabilities | 8.7. | 20 | 29 |
1,675 | 1,288 | ||
Net assets | 3,825 | 3,553 | |
Equity attributable to RTL Group shareholders | 3,292 | 3,047 | |
Equity attributable to non-controlling interests | 8.16.8. | 533 | 506 |
Equity | 8.16. | 3,825 | 3,553 |
Notes | Share capital €m | Treasury shares €m | Currency translation reserve €m | Hedging reserve €m | Revaluation reserve €m | Reserves and retained earnings €m | Equity attributable to RTL Group shareholders €m | Equity attributable to non- controlling interests €m | Total equity €m | |
Balance at 1 January 2018 | 192 | (47) | (145) | (20) | 69 | 2,908 | 2,957 | 467 | 3,424 | |
Total comprehensive income: | ||||||||||
Profit for the year | – | – | – | – | – | 668 | 668 | 117 | 785 | |
Re-measurement of post-employment benefit obligations, net of tax | – | – | – | – | – | 3 | 3 | 1 | 4 | |
Equity investments at fair value through OCI – change in fair value, net of tax | 8.16.5. | – | – | – | – | (1) | 4 | 3 | – | 3 |
Foreign currency translation differences | 8.16.3. | – | – | 10 | – | – | – | 10 | (2) | 8 |
Effective portion of changes in fair value of cash flow hedges, net of tax | 8.16.4. | – | – | – | 22 | – | – | 22 | – | 22 |
Recycling of cash flow hedge reserve, net of tax | 8.16.4. | – | – | – | 1 | – | – | 1 | – | 1 |
– | – | 10 | 23 | (1) | 675 | 707 | 116 | 823 | ||
Capital transactions with owners: | ||||||||||
Dividends | 8.16.6. | – | – | – | – | – | (614) | (614) | (73) | (687) |
Equity-settled transactions, net of tax | 8.16.7. | – | – | – | – | – | 5 | 5 | 5 | 10 |
(Acquisition)/disposal of treasury shares | 8.16.2. | – | 3 | – | – | – | (4) | (1) | – | (1) |
Transactions on non-controlling interests without a change in control | 8.16.8. | – | – | – | – | – | (5) | (5) | (7) | (12) |
Transactions on non-controlling interests with a change in control | 8.16.8. | – | – | – | – | – | (4) | (4) | (4) | (8) |
Derivatives on equity instruments | 8.16.9. | – | – | – | – | – | 2 | 2 | 2 | 4 |
– | 3 | – | – | – | (620) | (617) | (77) | (694) | ||
Balance at 31 December 2018 | 192 | (44) | (135) | 3 | 68 | 2,963 | 3,047 | 506 | 3,553 | |
Adjustment on initial application of IFRS 16 (net of tax) | 1.30. | – | (33) | (33) | (1) | (34) | ||||
Adjusted balance at 1 January 2019 | 192 | (44) | (135) | 3 | 68 | 2,930 | 3,014 | 505 | 3,519 | |
Total comprehensive income: | ||||||||||
Profit for the year | – | – | – | – | – | 754 | 754 | 110 | 864 | |
Re-measurement of post-employment benefit obligations, net of tax | – | – | – | – | – | (14) | (14) | (3) | (17) | |
Equity investments at fair value through OCI – change in fair value, net of tax | 8.16.5. | – | – | – | – | (2) | – | (2) | – | (2) |
Foreign currency translation differences | 8.16.3. | – | – | 6 | – | – | – | 6 | – | 6 |
Effective portion of changes in fair value of cash flow hedges, net of tax | 8.16.4. | – | – | – | 8 | – | – | 8 | – | 8 |
Recycling of cash flow hedge reserve, net of tax | 8.16.4. | – | – | – | (4) | – | – | (4) | – | (4) |
– | – | 6 | 4 | (2) | 740 | 748 | 107 | 855 | ||
Capital transactions with owners: | ||||||||||
Dividends | 8.16.6. | – | – | – | – | – | (461) | (461) | (75) | (536) |
Equity-settled transactions, net of tax | 8.16.7. | – | – | – | – | – | 4 | 4 | 4 | 8 |
(Acquisition)/disposal of treasury shares | 8.16.2. | – | 3 | – | – | – | (1) | 2 | – | 2 |
Transactions on non-controlling interests without a change in control | 8.16.8. | – | – | – | – | – | (14) | (14) | (7) | (21) |
Derivatives on equity instruments | 8.16.9. | – | – | – | – | – | (1) | (1) | (1) | (2) |
– | 3 | – | – | – | (473) | (470) | (79) | (549) | ||
Balance at 31 December 2019 | 192 | (41) | (129) | 7 | 66 | 3,197 | 3,292 | 533 | 3,825 |
Notes | 2019 €m | 2018 €m | |
Cash flows from operating activities | |||
Profit before taxes | 1,156 | 1,063 | |
Adjustments for: | |||
Depreciation and amortisation | 278 | 224 | |
Value adjustments and impairment | 26 | 157 | |
Share-based payments expenses | 8 | 10 | |
Re-measurement of earn-out arrangements | (1) | (2) | |
Gain on disposal of assets | (84) | (60) | |
Financial results including net interest expense and share of results of investments accounted for using the equity method | 62 | 30 | |
Change of provisions | 8.14. | (20) | (52) |
Working capital changes | (6) | (143) | |
Income taxes paid | (334) | (354) | |
Net cash from operating activities | 1,085 | 873 | |
Cash flows from investing activities | |||
Acquisitions of: | |||
Programme and other rights | (117) | (104) | |
Subsidiaries, net of cash acquired | 6.4. | (235) | (18) |
Other intangible and tangible assets | (107) | (121) | |
Other investments and financial assets | (23) | (19) | |
Current deposit with shareholder | 10.1. | (27) | - |
(509) | (262) | ||
Proceeds from the sale of intangible and tangible assets | 8.1. 8.3. | 4 | 47 |
Disposal of other subsidiaries, net of cash disposed of | 6.5. | 102 | 106 |
Proceeds from the sale of investments accounted for using the equity method, other investments and financial assets | 8.5. 8.6. 8.9. | 44 | 30 |
Interest received | 4 | 7 | |
154 | 190 | ||
Net cash used in investing activities | (355) | (72) | |
Cash flows from financing activities | |||
Interest paid | (27) | (19) | |
Transactions on non-controlling interests | 8.16.8. | (44) | (24) |
Acquisition of treasury shares | 8.16.2. | 2 | (1) |
Term loan facility due to shareholder | 8.13. 10.1. | (232) | 94 |
Proceeds from loans | 8.5.2. 8.12. | 134 | 33 |
Repayment of loans | 8.5.2. 8.12. | (7) | (34) |
Payment of lease liabilities | (59) | - | |
Dividends paid | (538) | (686) | |
Net cash used in financing activities | (771) | (637) | |
Net increase/(decrease) in cash and cash equivalents | (41) | 164 | |
Cash and cash equivalents and bank overdrafts at beginning of year | 8.10. | 422 | 258 |
Effect of exchange rate fluctuation on cash held | 1 | - | |
Effect of cash in disposal group held for sale | 8.11. | (6) | - |
Cash and cash equivalents and bank overdrafts at end of year | 8.10. | 376 | 422 |
Year to December 2019 €m | Year to December 2018 €m | Year to December 2017 €m | Year to December 2016 €m | Year to December 2015 €m | |
Revenue | 6,651 | 6,505 | 6,373 | 6,237 | 6,029 |
of which net advertising sales | 3,659 | 3,655 | 3,657 | 3,594 | 3,510 |
Other operating income | 48 | 74 | 148 | 111 | 55 |
Consumption of current programme rights | (2,244) | (2,103) | (2,036) | (2,070) | (2,015) |
Depreciation, amortisation, impairment and valuation allowance | (267) | (211) | (223) | (215) | (199) |
Other operating expenses | (3,112) | (3,150) | (3,083) | (2,924) | (2,750) |
Impairment of goodwill and amortisation and impairment of fair value adjustments on acquisitions of subsidiaries | (15) | (120) | (17) | (15) | (6) |
Gain/ (loss) from sale of subsidiaries, other investments and re-measurement to fair value of pre-existing interest in acquiree | 86 | 25 | 21 | 6 | 4 |
Profit from operating activities | 1,147 | 1,020 | 1,183 | 1,130 | 1,118 |
Share of results of investments accounted for using the equity method | 14 | 56 | 63 | 67 | 57 |
Earnings before interest and taxes ("EBIT") | 1,161 | 1,076 | 1,246 | 1,197 | 1,175 |
Net interest expense | (32) | (20) | (22) | (21) | (25) |
Financial results other than interest | 27 | 7 | (2) | 3 | 13 |
Profit before taxes | 1,156 | 1,063 | 1,222 | 1,179 | 1,163 |
Income tax expense | (292) | (278) | (385) | (363) | (300) |
Profit for the year | 864 | 785 | 837 | 816 | 863 |
Attributable to: | |||||
RTL Group shareholders | 754 | 668 | 739 | 720 | 789 |
Non-controlling interests | 110 | 117 | 98 | 96 | 74 |
EBITA | 1,139 | 1,171 | 1,248 | 1,205 | 1,167 |
Impairment of goodwill of subsidiaries | – | (105) | – | – | – |
Amortisation and impairment of fair value adjustments on acquisitions of subsidiaries | (15) | (15) | (17) | (15) | (6) |
Impairment of investments accounted for using the equity method | (50) | (2) | (6) | – | – |
Re-measurement of earn-out arrangements | 1 | 2 | – | 1 | 10 |
Gain/ (loss) from sale of subsidiaries, other investments and re-measurement to fair value of pre-existing interest in acquiree | 86 | 25 | 21 | 6 | 4 |
Earnings before interest and taxes ("EBIT") | 1,161 | 1,076 | 1,246 | 1,197 | 1,175 |
EBITDA | 1,405 | 1,380 | 1,464 | 1,411 | 1,360 |
Basic earnings per share (in €) | 4.91 | 4.35 | 4.81 | 4.69 | 5.14 |
Final dividend per share (in €) | – | 3.00 | 3.00 | 3.00 | 3.00 |
Interim dividend per share (in €) | – | 1.00 | 1.00 | 1.00 | 1.00 |
Dividends paid (€million) | 461 | 614 | 614 | 614 | 691 |
Average number of full-time equivalent employees | 10,747 | 10,809 | 11,011 | 10,699 | 10,325 |
Net assets (€million) | 3,825 | 3,553 | 3,432 | 3,552 | 3,409 |
Net (debt)/cash (€million) | (384) | (470) | (545) | (576) | (671) |
2019 €m | 2018 €m | |
EBITA | 1,139 | 1,171 |
Deduction of shares of results of investments accounted for using the equity method and already taxed | (26) | (21) |
1,113 | 1,150 | |
Net basis after deduction of uniform tax rate | 746 | 771 |
Shares of results of investments accounted for using the equity method and already taxed | 26 | 21 |
NOPAT | 772 | 792 |
Invested capital at beginning of year | N/A | 4,123 |
Invested capital at 31 March 2019 | 4,405 | N/A |
Invested capital at 30 June 2019 | 4,488 | N/A |
Invested capital at 30 September 2019 | 4,756 | N/A |
Invested capital at end of year | 4,607 | 4,075 |
66 per cent of the net present value of operating leases and satellite transponder service agreements at beginning of year | N/A | 302 |
66 per cent of the net present value of operating leases and satellite transponder service agreements at end of year | N/A | 226 |
Adjusted average invested capital | 4,564 | 4,363 |
Cost of capital | 365 | 349 |
RVA | 407 | 442 |
Zoom table
Mediengruppe RTL Deutschland1 | Groupe M6 | Fremantle | RTL Nederland1 | RTL Belgium | Other segments1,3 | Eliminations1 | Total Group | ||||||||||
Note | 2019 €m | 2018 €m | 2019 €m | 2018 €m | 2019 €m | 2018 €m | 2019 €m | 2018 €m | 2019 €m | 2018 €m | 2019 €m | 2018 €m | 2019 €m | 2018 €m | 2019 €m | 2018 €m | |
Revenue from external customers | 2,258 | 2,300 | 1,445 | 1,476 | 1,591 | 1,414 | 497 | 505 | 184 | 185 | 676 | 625 | – | – | 6,651 | 6,505 | |
Inter-segment revenue | 4 | 4 | 11 | 7 | 202 | 178 | (1) | (1) | 1 | 1 | 48 | 45 | (265) | (234) | – | – | |
Total revenue | 2,262 | 2,304 | 1,456 | 1,483 | 1,793 | 1,592 | 496 | 504 | 185 | 186 | 724 | 670 | (265) | (234) | 6,651 | 6,505 | |
Profit/(loss) from operating activities | 683 | 678 | 276 | 283 | 140 | 128 | 56 | 78 | 36 | 37 | (44) | (184) | – | – | 1,147 | 1,020 | |
Share of results of investments accounted for using the equity method | 42 | 43 | 4 | (1) | 2 | 1 | – | – | – | – | (34) | 13 | – | – | 14 | 56 | |
EBIT | 725 | 721 | 280 | 282 | 142 | 129 | 56 | 78 | 36 | 37 | (78) | (171) | – | – | 1,161 | 1,076 | |
EBITDA | 701 | 739 | 396 | 400 | 184 | 147 | 86 | 91 | 45 | 41 | (7) | (38) | – | – | 1,405 | 1,380 | |
Depreciation and amortisation (amortisation and impairment of fair value adjustments on acquisitions of subsidiaries excluded) | (38) | (16) | (109) | (125) | (42) | (20) | (32) | (20) | (9) | (4) | (36) | (24) | – | – | (266) | (209) | |
EBITA | 663 | 723 | 287 | 275 | 142 | 127 | 54 | 71 | 36 | 37 | (43) | (62) | – | – | 1,139 | 1,171 | |
Impairment of goodwill of subsidiaries | – | – | – | – | – | – | – | – | – | – | – | (105) | – | – | – | (105) | |
Impairment of investments accounted for using the equity method | – | – | 2 | (2) | – | – | – | – | – | – | (52) | – | – | – | (50) | (2) | |
Amortisation and impairment of fair value adjustments on acquisitions of subsidiaries | (1) | (1) | (11) | (6) | (1) | (1) | – | (1) | – | – | (2) | (6) | – | – | (15) | (15) | |
Re-measurement of earn-out arrangements | – | – | 1 | – | – | 2 | – | – | – | – | – | – | – | – | 1 | 2 | |
Gain/(loss) from sale of subsidiaries, other investments and re-measurement to fair value of pre-existing interest in acquiree | 63 | (1) | 1 | 15 | 1 | 1 | 2 | 8 | – | – | 19 | 2 | – | – | 86 | 25 | |
EBIT | 725 | 721 | 280 | 282 | 142 | 129 | 56 | 78 | 36 | 37 | (78) | (171) | – | – | 1,161 | 1,076 | |
Interest income | 5 | 9 | |||||||||||||||
Interest expense | (37) | (29) | |||||||||||||||
Financial results other than interest | 27 | 7 | |||||||||||||||
Income tax expense | (292) | (278) | |||||||||||||||
Profit for the year | 864 | 785 | |||||||||||||||
Segment assets (assets classified as held for sale and investments accounted for using the equity method excluded) | 1,823 | 1,658 | 1,910 | 1,707 | 2,213 | 2,074 | 466 | 393 | 177 | 163 | 801 | 729 | (230) | (213) | 7,160 | 6,511 | |
Investments accounted for using the equity method | 109 | 107 | 14 | 11 | 11 | 9 | 7 | 7 | – | – | 211 | 261 | – | – | 352 | 395 | |
Assets classified as held for sale | 8.11. | – | 66 | 70 | – | 11 | – | – | – | – | – | – | – | – | – | 81 | 66 |
Segment assets | 1,932 | 1,831 | 1,994 | 1,718 | 2,235 | 2,083 | 473 | 400 | 177 | 163 | 1,012 | 990 | (230) | (213) | 7,593 | 6,972 | |
Segment liabilities (liabilities directly associated with non-current assets classified as held for sale excluded) | 1,022 | 1,004 | 630 | 637 | 703 | 677 | 194 | 167 | 86 | 95 | 535 | 476 | (226) | (209) | 2,944 | 2,847 | |
Liabilities directly associated with non-current assets classified as held for sale | – | 50 | 28 | – | 14 | – | – | – | – | – | – | – | – | – | 42 | 50 | |
Segment liabilities | 1,022 | 1,054 | 658 | 637 | 717 | 677 | 194 | 167 | 86 | 95 | 535 | 476 | (226) | (209) | 2,986 | 2,897 | |
Invested capital | 910 | 777 | 1,336 | 1,081 | 1,518 | 1,406 | 279 | 233 | 91 | 68 | 477 | 514 | (4) | (4) | 4,607 | 4,075 | |
Segment assets | 7,593 | 6,972 | |||||||||||||||
Deferred tax assets | 332 | 333 | |||||||||||||||
Income tax receivable | 33 | 24 | |||||||||||||||
Other assets | 622 | 573 | |||||||||||||||
Cash and cash equivalents | 377 | 422 | |||||||||||||||
Total assets | 8,957 | 8,324 | |||||||||||||||
Segment liabilities | 2,986 | 2,897 | |||||||||||||||
Deferred tax liabilities | 20 | 29 | |||||||||||||||
Income tax payable | 24 | 40 | |||||||||||||||
Other liabilities | 2,102 | 1,805 | |||||||||||||||
Total liabilities | 5,132 | 4,771 | |||||||||||||||
Capital expenditure2 | 27 | 17 | 297 | 136 | 34 | 24 | 41 | 22 | 20 | 7 | 56 | 34 | – | – | 475 | 240 | |
Depreciation and amortisation | (39) | (18) | (120) | (132) | (43) | (20) | (32) | (21) | (9) | (4) | (36) | (29) | – | – | (279) | (224) | |
Impairment losses excluding goodwill | – | 1 | – | 1 | – | (1) | – | – | – | – | (2) | (1) | – | – | (2) | – | |
Impairment of goodwill of subsidiaries and of disposal group | – | – | – | – | – | – | – | – | – | – | – | (105) | – | – | – | (105) | |
1 Since 2019, the management of the German radios and RTL Group’s European ad-tech businesses (except UK) report to Mediengruppe RTL Deutschland. These business units previously included in RTL Nederland and "Other segments" have been transferred to Mediengruppe RTL Deutschland segment. 2018 segment information has been restated accordingly 2 Capital expenditure includes additions in "Programme and other rights", "Other intangible assets" and "Property, plant and equipment" and "Right-of-use assets" (since 1 January 2019; see note 1.9.), new goodwill following acquisitions of subsidiaries and incremental fair value on identifiable assets following purchase accounting 3 Other segments include the EBITA loss generated by Corporate (€(56) million in 2019; €(55) million in 2018) |
Zoom table
Germany | France | USA | The Netherlands | UK | Belgium | Other regions | Total | ||||||||||
Note | 2019 €m | 2018 €m | 2019 €m | 2018 €m | 2019 €m | 2018 €m | 2019 €m | 2018 €m | 2019 €m | 2018 €m | 2019 € m | 2018 €m | 2019 €m | 2018 €m | 2019 €m | 2018 €m | |
Revenue from external customers | 2,133 | 2,168 | 1,439 | 1,460 | 1,118 | 972 | 527 | 549 | 295 | 245 | 215 | 211 | 924 | 900 | 6,651 | 6,505 | |
Non-current assets | 1,265 | 1,058 | 1,076 | 883 | 582 | 570 | 369 | 325 | 456 | 407 | 75 | 49 | 290 | 263 | 4,113 | 3,555 | |
Assets classified as held for sale | 8.11. | – | 82 | 71 | – | 17 | – | – | – | – | – | – | – | – | – | 88 | 82 |
Capital expenditure | 38 | 26 | 297 | 136 | 15 | 15 | 42 | 22 | 23 | 1 | 22 | 7 | 38 | 33 | 475 | 240 |