Consolidated Balance sheet

as at 31 December

		2024	2023
In € millions	Note	31 December	31 December
Assets
Non-current assets
Intangible assets and goodwill	14	1,506	1,505
Property, plant and equipment	15	103	102
Right-of-use assets	16	228	249
Investments accounted for using the equity method	17	11	11
Other investments	18	4	4
Deferred tax assets	12	107	80
Pension assets for funded schemes in surplus	27	18	15
Other non-current assets	20	9	20
Total Non-current assets		1,986	1,986

Current assets
Inventories		0	0
Derivatives	19	10	8
Trade receivables	21	761	731
Contract assets (unbilled receivables)	22	619	580
Corporate tax receivables	12	51	83
Other current assets	23	101	101
Cash and cash equivalents	24	376	290
Total Current assets		1,918	1,793

Total Assets		3,904	3,779

		2024	2023
In € millions	Note	31 December	31 December
Equity & liabilities
Shareholders' equity
Total Equity attributable to equity holders of the Company	25,45	1,233	1,063
Non-controlling interests	26	(3)	(2)
Total Equity		1,230	1,061

Non-current liabilities
Provisions for employee benefits	27	27	40
Provisions for other liabilities and charges	28	50	51
Deferred tax liabilities	12	63	53
Loans and borrowings	29	772	871
Lease liabilities	16	192	211
Derivatives	19	1	2
Total Non-current liabilities		1,105	1,228

Current liabilities
Contract liabilities (billing in excess of revenue)	22	516	503
Provision for onerous contracts (loss provisions)	22	13	13
Current portion of provisions	27,28	13	17
Corporate tax liabilities	12	57	67
Current portion of loans and short-term borrowings	29	81	-
Current portion of lease liabilities	16	70	70
Derivatives	19	8	9
Bank overdrafts	24	1	10
Accounts payable, accrued expenses and other current liabilities	30	810	801
Total Current liabilities		1,569	1,490
Total Liabilities		2,674	2,718
Total Equity and liabilities		3,904	3,779