Balance Sheet Model of the Firm The layout of financial accounts is rarely the same across companies and, sometimes, it can be difficult to establish a simple picture of a firm’s balance sheet. The accounts below are for Rogik plc. Construct a simple balance sheet model of the firm in the same way as Real World Insight 1.1 for years 1 and 0. Provide a brief report on how you think the company has changed.

Current assets Year 1 Year 0 Cash and cash equivalents 937.8 943.7 Marketable securities and financial assets 1,117.1 55.6 Trade accounts receivable 2,328.3 2,296.3 Inventories 1,691.1 1,673.5 Other current assets 250.2 564.7 Tax receivables 72.7 93.7 Assets held for sale – 36.7 6,397.2 5,664.2 Current assets Year 1 Year 0 Non-current assets Intangible assets 11,764.3 12,484.1 Property, plant and equipment 3,113.4 3,241.5 Investments at equity – 5.0 Non-current financial assets 60.3 130.3 Financial assets covering pensions – 216.9 Other non-current assets 54.9 52.9 Deferred tax assets 730.0 593.1 15,722.9 16,723.8 Current liabilities Current financial liabilities 1,394.4 356.1 Trade accounts payable 1,100.8 1,200.1 Other current liabilities 1,102.1 1,054.6 Tax liabilities 399.4 368.4 Current provisions 365.5 374.5 Liabilities directly related to assets held for sale – 5.9 4,362.2 3,359.6 Non-current liabilities Non-current financial liabilities 4,144.9 5,127.4 Other non-current liabilities 43.6 42.9 Non-current provisions 619.5 524.2 Provisions for pensions and other post-employment benefits 1,136.9 1,581.6 Deferred tax liabilities 1,319.6 1,380.5 7,264.5 8,656.6 Net equity Equity capital 565.2 565.2 Reserves 8,671.7 8,484.2 Gains/losses recognized immediately in equity 1,210.2 1,280.4 Equity attributable to Rogik plc shareholders 10,447.1 10,329.8 Non-controlling interest 46.3 42.0 10,493.4 10,371.8