2023 Full-year results
Group management balance sheet
($m)1.2
FY23
1H233
FY223
Inventories
6,039
6,634
6,084
Receivables and prepayments
2,300
2,281
2,364
Trade and other payables
(5,268)
(5,689)
(5,362)
Other
252
263
238
Net working capital
3,323
3,489
3,324
Property, plant and equipment
5,365
5,034
4,750
Intangibles
4,692
4,686
4,684
Other assets
1,099
1,710
1,877
Provisions and other liabilities
(1,818)
(1,738)
(1,824)
Total capital employed4
12,661
13,181
12,811
Net financial debt
(3,984)
(4,716)
(4,296)
Net tax balances
Net right-of-use asset / (lease liability)
667
716
575
(1,063)
(1,087)
(1,109)
Total net assets
8,281
8,094
7,981
1. Refer to slide 64 for relevant definitions.
2. Balances reflect the management balance sheet, which is based on different classification and groupings from the balance sheet in the financial statements.
3. Restated to reflect the adjustments to the provisional acquisition accounting for the acquisition of API.
4. Capital employed excludes right-of-use assets and lease liabilities.
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