Asset position
In financial year 2020/21, METRO’s total assets decreased by €0.4 billion to €12.8 billion (30/9/2020: €13.2 billion).
There was a decrease of €0.3 billion in non-current assets to €8.0 billion in financial year 2020/21 (30/9/2020: €8.3 billion), particularly affecting property, plant and equipment. Due to the pandemic, this is attributable to restrained investing activities as well as disposals and lower investments in connection with the strategic partnership with IT service provider Wipro Limited. The decline in investments accounted for using the equity method results in particular from the disposal of shares in a store network in Germany.
€ million |
Note no. |
30/9/20201 |
30/9/2021 |
||
|---|---|---|---|---|---|
Non-current assets |
|
8,284 |
8,004 |
||
Goodwill |
731 |
644 |
|||
Other intangible assets |
576 |
568 |
|||
Property, plant and equipment |
5,811 |
5,663 |
|||
Investment properties |
188 |
170 |
|||
Financial assets |
98 |
92 |
|||
Investments accounted for using the equity method |
421 |
361 |
|||
Other financial and other non-financial assets |
201 |
162 |
|||
Deferred tax assets |
258 |
345 |
|||
|
|||||
- For more information about the development of non-current assets, see the notes to the consolidated financial statements in the numbers listed in the table.
METRO’s current assets decreased by €0.1 billion compared to previous year’s figures to €4.8 billion (30/9/2020: €4.9 billion). While inventories increased by €0.1 billion to €2.0 billion (30/9/2020: €1.9 billion) as part of the increased business volume, VAT refund claims were settled. Cash remained nearly constant at €1.5 billion (30/9/2020: €1.5 billion).
€ million |
Note no. |
30/9/20201 |
30/9/2021 |
||
|---|---|---|---|---|---|
Current assets |
|
4,886 |
4,815 |
||
Inventories |
1,860 |
1,964 |
|||
Trade receivables |
429 |
496 |
|||
Financial assets |
|
3 |
3 |
||
Other financial and other non-financial assets |
902 |
785 |
|||
Entitlements to income tax refunds |
|
145 |
93 |
||
Cash and cash equivalents |
1,525 |
1,474 |
|||
Assets held for sale |
|
22 |
0 |
||
|
|||||
- For more information about the development of current assets, see the notes to the consolidated financial statements in the numbers listed in the table.