Consolidated balance sheet As at 31 December 2023 Financial statements Al figures in millions Notes 2022 Al figures in millions Notes 2022 Assets Current liabilities Non-current assets Trade and other liabilities 24 (1,275) (1,254) Property, plant and equipment 10 217 250 Financial liabilities - borrowings 18 (67) (86) Investment property 10 79 60 Financial liabilities - derivative financial instruments 16 (5) (1) Intangible assets 11 3,091 3177 Income tax liabilities 7 (32) (43) Investments in joint ventures and associates 12 22 25 Provisions for other liabilities and charges 23 (25) (85) Deferred income tax assets 13 35 57 (1,404) (1,479) Financial assets - derivative financial instruments 16 32 43 Retirement benefit assets 25 499 581 Liabilities classified as held for sale 32 - = Other financial assets 15 143 133 Income tax assets 7. M 41 Total liabilities (2,739) (2,909) Trade and other receivables 22 135 139 Net assets 3,988 4,415 4,294 4,506 Equity Current assets Share capital 27 174 179 Intangible assets - product development 20 947 975 Share premium 27 2,642 2,633 Inventories 21 91 105 Treasury shares 28 (19) (15) Trade and other receivables 22 1,050 1,139 Capital redemption reserve 33 28 Financial assets - derivative financial instruments 16 16 16 Fair value reserve (12) (13) Income tax assets 15 9 Translation reserve 411 709 Cash and cash equivalents (excluding overdrafts) 17 312 558 Retained earnings 745 881 2,431 2,802 Total equity attributable to equity holders of the company 3,974 4,402 Non-controlling interest 14 13 Assets classified as held for sale 32 2 16 Total equity 3,988 4415 These financial statements have been approved for issue by the Board of Directors on Total assets 6,727 7,324 13 March 2024 and signed on its behalf by Liabilities Non-current liabilities Sal,ly J','h\"s',' n Financial liabilities borrowings 18 (1008 (144 ChiefFinandal Officer