3. Consolidated statement of financial position (before appropriation of results)

x € 1 million

ASSETS		31 December 2024		31 December 2023
Non-current assets
6.10	Property, plant and equipment	123.3		114.7
6.11	Right-of-use assets	106.0		89.6
6.12	Goodwill	164.8		165.1
6.12	Other intangible assets	2.2		10.9
6.13	Joint ventures and associates	105.7		100.8
6.14	Loans granted to joint ventures	64.7		36.6
6.15	Deferred tax assets	11.8		19.7
			578.5		537.4
Current assets
6.16	Strategic land holdings	232.9		158.6
6.16	Other inventories	141.6		230.6
6.17	Work in progress debit	93.5		139.2
6.9	Income tax assets	3.3		0.1
6.18	Trade and other receivables	213.4		229.3
6.19	Cash and cash equivalents	105.4		40.4
			790.1		798.2

Total assets			1,368.6		1,335.6

EQUITY AND LIABILITIES		31 December 2024		31 December 2023
Equity
2b	Issued capital	8.3		8.1
2b	Share premium reserve	313.3		300.2
2b	Reserve for actuarial results	-64.0		-64.0
2b	Reserve for Bonus Investment Share Matching Plan	0.2		0.2
2b	Retained earnings	115.2		79.4
1	Result for the year after tax	90.0		59.7
			463.0		383.6
Non-current liabilities
6.22	Interest-bearing loans and other non-current financing liabilities	8.2		65.5
6.11	Lease liabilities	74.9		62.4
6.23	Provision for employee benefits	22.0		22.4
6.24	Provisions	38.5		45.2
6.15	Deferred tax liabilities	24.0		29.3
			167.6		224.8
Current liabilities
6.22	Interest-bearing loans and other current financing liabilities	0.4		21.8
6.11	Lease liabilities	31.7		27.5
6.25	Trade and other payables	367.3		346.1
6.17	Work in progress credit	301.5		304.6
6.9	Income tax liabilities	5.4		6.8
6.23	Provision for employee benefits	1.5		0.8
6.24	Provisions	30.2		19.6
			738.0		727.2

Total equity and liabilities			1,368.6		1,335.6