ANNUAL REPORT 2021

55 3 Consolidated Statement of Financial Position As at 31 December 2021 (in euros) Note 31 December 2021 31 December 2020 ASSETS NON-CURRENT ASSETS Property, plant and equipment 6 211 509 218 209 090 157 Intangible assets 7 1 533 598 1 518 753 Goodwill 7 1 768 333 1 768 335 Other financial assets 8 4 451 712 2 619 779 Deferred tax asset 9 309 146 450 001 Total non-current assets 219 572 007 215 447 025 CURRENT ASSETS Inventories 10 106 529 904 78 772 930 Trade receivables and other financial assets 11 97 023 792 65 481 764 Current tax asset 34 590 386 267 Other assets 2 497 299 952 297 Cash and cash equivalents 12 11 687 851 14 440 278 Total current assets 217 773 436 160 033 536 TOTAL ASSETS 437 345 443 375 480 561 EQUITY AND LIABILITIES CAPITAL AND RESERVES Share capital 13 81 060 590 81 060 590 Legal and other funds 13 17 520 875 17 161 910 Retained earnings 122 746 308 106 149 428 Equity attributable to equity holders of ŽP 221 327 773 204 371 928 Minority interests 12 687 788 10 557 269 Total equity 234 015 561 214 929 197 LIABILITIES NON-CURRENT LIABILITIES Interest - bearing loans and borrowings 14 39 393 322 47 052 653 Other financial and other non - current liabilities 15 4 001 493 3 244 758 Provisions for employee benefits 16 9 569 001 8 801 482 Provisions for liabilities 17 875 384 576 022 Deferred tax liability 9 7 016 825 8 822 463 Total non-current liabilities 60 856 025 68 497 378 CURRENT LIABILITIES Interest - bearing loans and borrowings 14 87 127 858 58 699 920 Trade and other financial payables 18 52 198 351 32 594 122 Current tax liabilities 2 491 181 165 926 Other liabilities 656 467 594 018 Total current liabilities 142 473 857 92 053 986 Total liabilities 203 329 882 160 551 364 TOTAL EQUITY AND LIABILITIES 437 345 443 375 480 561 CONSOLIDATED STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2021 (IN EUROS)