530 Appendix C I IFRS Illustrated: LVMH Mot Hennessey-Louis Vuitton LVMH GROUP Condensed Consolidated Financial Statements Consolidated Balance Sheet Cambridge Business Publishers ( millions) ASSETS Notes 2018 2017 2016 Brands and other intangible fixed assets. Goodwill.. 17,254 16,957 13,335 4 13,727 13,837 10,401 Property, plant and equipment.. 6 15,112 13,862 12,139 Investments in joint ventures and associates. 7 638 639 770 Non-current available for sale financial assets. 8 1,100 789 744 Other non-current assets. 986 869 777 Deferred tax. 1,932 1,741 2,053 Non-current assets.. 50,749 48,694 40,219 Inventories and work in progress. 10 12,485 10,888 10,546 Trade accounts receivable. 11 3,222 2,736 2,685 Income taxes 366 780 280 Other current assets. 12 2,868 2,919 2,342 Cash and cash equivalents 14 4,610 3,738 3,544 Current assets 23,551 21,061 19,397 74,300 69,755 59,616 Total assets.. LIABILITIES AND EQUITY Share capital 15.1 152 152 152 Share premium account 15.1 2,298 2,614 2,601 Treasury shares and LVMH-share settled derivatives 15.2 (421) Cumulative translation adjustment. 15.4 573 354 (530) 1,165 (520) Revaluation reserves 875 1,111 799 Other reserves 22,462 19,903 18,125 Net profit, Group share. 6,354 5,365 4,066 Equity, Group share. Minority interests Total equity. 32,293 28,969 26,388 17 1,664 1,408 1,510 33,957 30,377 27,898 Long-term borrowings. 18 6,005 7,046 3,932 Non-current provisions 19 2,430 2,484 2,342 Deferred tax.. 5,036 4,989 4,137 Other non-current liabilities. 20 10,039 9,870 8,497 Non-current liabilities.. 23,510 24,389 18,908 Short-term borrowings 18 5,027 4,530 3,447 Trade accounts payable. 21.1 5,314 4,539 4,184 Income taxes Current provisions Other current liabilities 538 763 428 19 369 404 352 21.2 5,585 4,753 4,399 Current liabilities. Total liabilities and equity 16,833 14,989 12,810 74,300 69,755 59,616 The financial statements as of December 31, 2017 and December 31, 2016 have been restated to reflect the retrospective application with effect from January 1, 2016 of IFRS 9 Financial Instruments. See Note 1.2. The financial statements as of December 31, 2017 have been restated to reflect the definitive allocation of the purchase price of Christian Dior Couture. See Note 2.