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4.1 CONSOLIDATED FINANCIAL STATEMENTS AND NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Consolidated financial statements
DANONE
REGISTRATION DOCUMENT 2015
75
As of December 31
(in € millions)
Notes
2014
2015
Equity and liabilities
Share capital
161
164
Additional paid-in capital
3,505
4,132
Retained earnings
11,817
11,454
Cumulative translation adjustments
(1,501)
(1,177)
Accumulated other comprehensive income
(427)
(260)
Treasury shares and DANONE call options
(a)
13.2
(1,859)
(1,707)
Equity – Group share
11,696
12,606
Non-controlling interests
3.1 to 3.6
49
63
Consolidated equity
11,745
12,669
Financing
10.1 to 10.3
6,238
7,835
Derivatives – liabilities
(b)
12.4, 12.5
11
4
Liabilities related to put options granted
to non-controlling interests
3.6
349
248
Non-current financial debt
6,598
8,087
Provisions for retirement obligations
and other long-term benefits
7.3
818
793
Deferred taxes
8.2
1,225
1,126
Other non-current provisions and liabilities
14.2
737
834
Non-current liabilities
9,377
10,841
Financing
10.1 to 10.3
2,332
2,374
Derivatives – liabilities
(b)
12.4, 12.5
3
3
Liabilities related to put options granted
to non-controlling interests
3.6
2,209
614
Current financial debt
4,544
2,991
Trade payables
5.4
3,334
3,334
Other current liabilities
5.4
2,741
2,859
Liabilities directly associated with assets held for sale
6.2
6
18
Current liabilities
10,625
9,202
Total equity and liabilities
31,747
32,712
(a) DANONE call options acquired by the Company.
(b) Derivative instruments used to manage net debt.