2019	2018
Assets
Non-current assets	2629	2634
Property, plant and equipment	2027	2023
Intangible assets	391	402
Consolidates entities	143	143
Long-term receivables and other investment	4	2
Defined benefits fund asset	64	63
Deferred taxation assets		1
Current assets	8468	7206
Inventories	2470	2061
Trade and other receivables	2096	2295
Derivative financial instruments	27	1
Reinsurance assets	304	146
Current amounts owing by consolidated entities	1002	641
Taxation	0	0
Cash and cash equivalent	2569	2062
Non-current asset held for sale	0	0
Total assets	11097	9840
Equity and liabilities
Equity attributable to equity holders of the parent	8177	7269
Issued capital
Capital reserves	323	264
Treasury share transactions	-2204	-2164
Retained income	10041	9262
Foreign currency translation reserve	0	0
Defined benefit fund actuarial gains and losses	-3	2
Cash flow hedge reserve	20	-95
Total equity	8177	7269
Non-current liabilities	271	218
Lease obligations	177	174
Deferred taxation liabilities	52	0
Long-term provisions	0	2
Long-term liabilities	11	13
Post retirement medial benefits	31	29
Current Liabilities	2649	2353
Trade and other payables	1850	1896
Derivative financial instruments	0	133
Reinsurance liabilities	46	38
Current amounts owing to consolidated entities	566	45
Current provision	0	2
Current portion of lease obligations	29	23
Taxation	33	180
Bank overdraft	125	36
Total liabilities	2920	2571
Total equity and liabilities	11097	9840

Comment on the financial position of the company. Support your answer with Ratio Analysis