Consolidated Financial Statements 2018 of the Kuehne + Nagel Group

Balance Sheet

CHF million Note Dec. 31, 2018 Dec. 31, 2017
Assets    
Property, plant and equipment 26 1,226 1,249
Goodwill 27 1,170 849
Other intangibles 27 215 96
Investments in joint ventures 28 7 31
Deferred tax assets 24 175 220
Non-current assets   2,7932,445
Prepayments   161 128
Work in progress 29 – 418
Contract assets 29 300 –
Trade receivables 29 3,872 3,537
Other receivables 30 200 132
Income tax receivables 30 53 77
Cash and cash equivalents 31/32 499 720
Current assets   5,0855,012
Total assets   7,8787,457
CHF million Note Dec. 31, 2018 Dec. 31, 2017
Liabilities and equity    
Share capital   120 120
Reserves and retained earnings   1,428 1,464
Earnings for the year   770 737
Equity attributable to the equity holders of the parent company   2,3182,321
Non-controlling interests   6 6
Equity 33 2,3242,327
Provisions for pension plans and severance payments 34 377 430
Deferred tax liabilities 24 101 128
Non-current provisions 37 50 58
Other non-current liabilities 39 149 4
Non-current liabilities   677620
Bank and other interest-bearing liabilities 36 354 14
Trade payables 38 1,888 1,890
Contract liabilities 38 146 –
Accrued trade expenses/deferred income 38 1,272 1,493
Income tax liabilities   108 133
Current provisions 37 65 66
Other current liabilities 40 1,044 914
Current liabilities   4,8774,510
Total liabilities and equity   7,8787,457

Schindellegi, February 26, 2019

 

KUEHNE + NAGEL INTERNATIONAL AG
Dr- Detlef Trefzger                       Markus Blanka-Graff
CEO                                               CFO