consolidated financial statements 2017 of the kuehne + nagel group

Balance Sheet

CHF million Note Dec. 31, 2017 Dec. 31, 2016
Assets    
Property, plant and equipment 26 1,249 1,127
Goodwill 27 849 758
Other intangibles 27 96 82
Investments in joint ventures 28 31 27
Deferred tax assets 24 220 215
Non-current assets   2,445 2,209
Assets held for sale 26 66
Prepayments   128 106
Work in progress 29 418 300
Trade receivables 30 3,537 2,605
Other receivables 31 132 140
Income tax receivables 31 77 64
Cash and cash equivalents 32/33 720 841
Current assets   5,012 4,122
Total assets   7,457 6,331
CHF million Note Dec. 31, 2017 Dec. 31, 2016
Liabilities and equity    
Share capital   120 120
Reserves and retained earnings   1,464 1,322
Earnings for the year   737 718
Equity attributable to the equity holders of the parent company   2,321 2,160
Non-controlling interests   6 5
Equity 34 2,327 2,165
Provisions for pension plans and severance payments 35 430 407
Deferred tax liabilities 24 128 165
Finance lease obligations 38 4 7
Non-current provisions 40 58 60
Non-current liabilities   620 639
Bank and other interest-bearing liabilities 37/38 14 8
Trade payables 39 1,890 1,544
Accrued trade expenses/deferred income 39 1,493 968
Income tax liabilities   133 108
Current provisions 40 66 75
Other liabilities 41 914 824
Current liabilities   4,510 3,527
Total liabilities and equity   7,457 6,331

Schindellegi, February 27, 2018

 

KUEHNE + NAGEL INTERNATIONAL AG

Dr. Detlef Trefzger           Markus Blanka-Graff

CEO                               CFO