Financial statements - Mondi

Combined and consolidated
statement of financial position
as at 31 December 2010
E million Notes 2010 2009
Intangible assets 11 312 308
Property, plant and equipment 12 3,976 3,847
Forestry assets 13 320 251
Investments in associates 14 16 6
Financial asset investments 16 34 27
Deferred tax assets 23 21 29
Retirement benefits surplus 24 11 8
Derivative financial instruments 21 3 –
Total non-current assets 4,693 4,476
Inventories 17 702 617
Trade and other receivables 18 992 933
Current tax assets 11 16
Cash and cash equivalents 83 123
Derivative financial instruments 21 11 7
Total current assets 1,799 1,696
Assets held for sale 31 1 36
Total assets 6,493 6,208
Short-term borrowings 20 (410) (219)
Trade and other payables 19 (1,034) (1,023)
Current tax liabilities (78) (55)
Provisions 22 (64) (40)
Derivative financial instruments 21 (9) (32)
Total current liabilities (1,595) (1,369)
Medium and long-term borrowings 20 (1,037) (1,421)
Retirement benefits obligation 24 (211) (184)
Deferred tax liabilities 23 (349) (316)
Provisions 22 (39) (45)
Other non-current liabilities (23) (21)
Derivative financial instruments 21 (15) (19)
Total non-current liabilities (1,674) (2,006)
Liabilities directly associated with assets classified as held for sale 31 – (9)
Total liabilities (3,269) (3,384)
Net assets 3,224 2,824
Equity
Ordinary share capital 27 114 114
Share premium 27 532 532
Retained earnings and other reserves 2,117 1,753
Total attributable to equity holders of the parent companies 2,763 2,399
Non-controlling interests in equity 461 425
Total equity 3,224 2,824
The Group’s combined and consolidated financial statements, and related notes 1 to 40, were approved by the Boards and
authorised for issue on 18 February 2011 and were signed on its behalf by:
David Hathorn Andrew King
Director Director
Mondi Limited company registration number: 1967/013038/06
Mondi plc company registration number: 6209386
76 Annual report and accounts 2010