consolidated financial statements 2016 of the kuehne + nagel group

Balance Sheet

CHF million Note Dec. 31, 2016 Dec. 31, 2015
Assets    
Property, plant and equipment 26 1,127 1,142
Goodwill 27 758 767
Other intangibles 27 82 98
Investments in joint ventures 28 27 31
Deferred tax assets 24 215 193
Non-current assets   2,209 2,231
Assets held for sale 26 66
Prepayments   106 98
Work in progress 29 300 260
Trade receivables 30 2,605 2,486
Other receivables 31 140 131
Income tax receivables 31 64 52
Cash and cash equivalents 32/33 841 841
Current assets   4,122 3,868
Total assets   6,331 6,099
CHF million Note Dec. 31, 2016 Dec. 31, 2015
Liabilities and equity    
Share capital   120 120
Reserves and retained earnings   1,322 1,325
Earnings for the year   718 676
Equity attributable to the equity holders of the parent company   2,160 2,121
Non-controlling interests   5 5
Equity 34 2,165 2,126
Provisions for pension plans and severance payments 35 407 387
Deferred tax liabilities 24 165 144
Finance lease obligations 38 7 11
Non-current provisions 40 60 59
Non-current liabilities   639 601
Bank and other interest-bearing liabilities 37/38 8 7
Trade payables 39 1,544 1,449
Accrued trade expenses/deferred income 39 968 919
Income tax liabilities   108 104
Current provisions 40 75 101
Other liabilities 41 824 792
Current liabilities   3,527 3,372
Total liabilities and equity   6,331 6,099

Schindellegi, February 28, 2017

 

KUEHNE + NAGEL INTERNATIONAL AG

Dr. Detlef Trefzger           Markus Blanka-Graff

CEO                               CFO