Half-year financial report 2025

2.3 Consolidated balance sheet

2. Condensed half-year consolidated financial statements ended june 30, 2025

2.3 Consolidated balance sheet

2.3 CONSOLIDATED BALANCE SHEET

(in millions of euros) Notes June  30, 2025 December 31, 2024
Assets AssetsNotes

 

Assets

June  30, 2025

 

Assets

December 31, 2024

 

Goodwill

Goodwill

Notes12

Goodwill

June  30, 2025

13,009

Goodwill

December 31, 2024

13,843

Intangible assets

Intangible assets

Notes

 

Intangible assets

June  30, 2025

925

Intangible assets

December 31, 2024

1,069

Right-of-use assets related to leases

Right-of-use assets related to leases

Notes17

Right-of-use assets related to leases

June  30, 2025

1,612

Right-of-use assets related to leases

December 31, 2024

1,735

Property, plant and equipment

Property, plant and equipment

Notes

 

Property, plant and equipment

June  30, 2025

576

Property, plant and equipment

December 31, 2024

608

Deferred tax assets

Deferred tax assets

Notes

 

Deferred tax assets

June  30, 2025

253

Deferred tax assets

December 31, 2024

237

Equity-accounted investees

Equity-accounted investees

Notes

 

Equity-accounted investees

June  30, 2025

75

Equity-accounted investees

December 31, 2024

79

Other non-current financial assets

Other non-current financial assets

Notes

 

Other non-current financial assets

June  30, 2025

285

Other non-current financial assets

December 31, 2024

287

Non-current assets Non-current assetsNotes

 

Non-current assets

June  30, 2025

16,735
Non-current assets

December 31, 2024

17,858
Inventories and work-in-progress

Inventories and work-in-progress

Notes

 

Inventories and work-in-progress

June  30, 2025

587

Inventories and work-in-progress

December 31, 2024

361

Trade receivables

Trade receivables

Notes

 

Trade receivables

June  30, 2025

13,874

Trade receivables

December 31, 2024

15,595

Contract assets

Contract assets

Notes

 

Contract assets

June  30, 2025

1,675

Contract assets

December 31, 2024

1,445

Current tax assets

Current tax assets

Notes

 

Current tax assets

June  30, 2025

205

Current tax assets

December 31, 2024

176

Other current financial assets

Other current financial assets

Notes

 

Other current financial assets

June  30, 2025

131

Other current financial assets

December 31, 2024

176

Other receivables and current assets

Other receivables and current assets

Notes

 

Other receivables and current assets

June  30, 2025

670

Other receivables and current assets

December 31, 2024

599

Cash and cash equivalents

Cash and cash equivalents

Notes

 

Cash and cash equivalents

June  30, 2025

2,206

Cash and cash equivalents

December 31, 2024

3,644

Current assets Current assetsNotes

 

Current assets

June  30, 2025

19,348
Current assets

December 31, 2024

21,996
Total assets Total assetsNotes

 

Total assets

June  30, 2025

36,083
Total assets

December 31, 2024

39,854
Equity and liabilities Equity and liabilitiesNotes

 

Equity and liabilities

June  30, 2025

 

Equity and liabilities

December 31, 2024

 

Share capital

Share capital

Notes

 

Share capital

June  30, 2025

102

Share capital

December 31, 2024

102

Additional paid-in capital and retained earnings, Group share

Additional paid-in capital and retained earnings, Group share

Notes

 

Additional paid-in capital and retained earnings, Group share

June  30, 2025

9,529

Additional paid-in capital and retained earnings, Group share

December 31, 2024

10,958

Equity attributable to holders of the Company Equity attributable to holders of the CompanyNotes13 Equity attributable to holders of the Company

June  30, 2025

9,631
Equity attributable to holders of the Company

December 31, 2024

11,060
Non-controlling interests

Non-controlling interests

Notes

 

Non-controlling interests

June  30, 2025

(27)

Non-controlling interests

December 31, 2024

(24)

Total equity Total equityNotes

 

Total equity

June  30, 2025

9,604
Total equity

December 31, 2024

11,036
Long-term borrowings

Long-term borrowings

Notes16

Long-term borrowings

June  30, 2025

2,994

Long-term borrowings

December 31, 2024

1,843

Long-term lease liabilities

Long-term lease liabilities

Notes17

Long-term lease liabilities

June  30, 2025

1,915

Long-term lease liabilities

December 31, 2024

2,099

Deferred tax liabilities

Deferred tax liabilities

Notes

 

Deferred tax liabilities

June  30, 2025

136

Deferred tax liabilities

December 31, 2024

172

Pension commitments and other long-term benefits

Pension commitments and other

long-term

benefits

Notes15

Pension commitments and other

long-term

benefits

June  30, 2025

272

Pension commitments and other

long-term

benefits

December 31, 2024

271

Long-term provisions

Long-term provisions

Notes14

Long-term provisions

June  30, 2025

289

Long-term provisions

December 31, 2024

317

Non-current liabilities Non-current liabilitiesNotes

 

Non-current liabilities

June  30, 2025

5,606
Non-current liabilities

December 31, 2024

4,702
Short-term borrowings

Short-term borrowings

Notes16

Short-term borrowings

June  30, 2025

196

Short-term borrowings

December 31, 2024

872

Short-term lease liabilities

Short-term lease liabilities

Notes17

Short-term lease liabilities

June  30, 2025

354

Short-term lease liabilities

December 31, 2024

361

Trade payables

Trade payables

Notes

 

Trade payables

June  30, 2025

16,412

Trade payables

December 31, 2024

19,375

Contract liabilities

Contract liabilities

Notes

 

Contract liabilities

June  30, 2025

583

Contract liabilities

December 31, 2024

604

Current tax liabilities

Current tax liabilities

Notes

 

Current tax liabilities

June  30, 2025

298

Current tax liabilities

December 31, 2024

335

Pension commitments and other short-term benefits

Pension commitments and other

short-term

benefits

Notes15

Pension commitments and other

short-term

benefits

June  30, 2025

16

Pension commitments and other

short-term

benefits

December 31, 2024

21

Short-term provisions

Short-term provisions

Notes14

Short-term provisions

June  30, 2025

199

Short-term provisions

December 31, 2024

249

Other current financial liabilities

Other current financial liabilities

Notes

 

Other current financial liabilities

June  30, 2025

1,065

Other current financial liabilities

December 31, 2024

310

Other creditors and current liabilities

Other creditors and current liabilities

Notes

 

Other creditors and current liabilities

June  30, 2025

1,750

Other creditors and current liabilities

December 31, 2024

1,989

Current liabilities Current liabilitiesNotes

 

Current liabilities

June  30, 2025

20,873
Current liabilities

December 31, 2024

24,116
Total equity and liabilities

Total equity and liabilities

Notes

 

Total equity and liabilities

June  30, 2025

36,083

Total equity and liabilities

December 31, 2024

39,854