Consolidated statement of financial position

millions of €          
  Mar. 31, 2017 Dec. 31, 2016 Change Change % Mar. 31, 2016
Assets          
Current assets 27,663 26,638 1,025 3.8 % 25,453
Cash and cash equivalents 9,542 7,747 1,795 23.2 % 7,332
Trade and other receivables 9,093 9,362 (269) (2.9) % 8,894
Current recoverable income taxes 192 218 (26) (11.9) % 136
Other financial assets 4,907 5,713 (806) (14.1) % 4,829
Inventories 1,646 1,629 17 1.0 % 1,998
Other assets 2,136 1,597 539 33.8 % 1,855
Non-current assets and disposal groups held for sale 148 372 (224) (60.2) % 409
           
Non-current assets 120,961 121,847 (886) (0.7) % 118,152
Intangible assets 60,269 60,599 (330) (0.5) % 57,384
Property, plant and equipment 46,788 46,758 30 0.1 % 44,442
Investments accounted for using the equity method 722 725 (3) (0.4) % 811
Other financial assets 6,971 7,886 (915) (11.6) % 9,877
Deferred tax assets 5,477 5,210 267 5.1 % 5,119
Other assets 733 669 64 9.6 % 519
           
Total assets 148,624 148,485 139 0.1 % 143,605
           
Liabilities and shareholders’ equity          
Current liabilities 32,375 33,126 (751) (2.3) % 32,211
Financial liabilities 14,871 14,422 449 3.1 % 13,876
Trade and other payables 8,983 10,441 (1,458) (14.0) % 9,867
Income tax liabilities 238 222 16 7.2 % 260
Other provisions 3,076 3,068 8 0.3 % 3,227
Other liabilities 5,075 4,779 296 6.2 % 4,981
Liabilities directly associated with non-current assets and disposal groups held for sale 133 194 (61) (31.4) %
           
Non-current liabilities 76,431 76,514 (83) (0.1) % 72,950
Financial liabilities 50,402 50,228 174 0.3 % 48,185
Provisions for pensions and other employee benefits 8,293 8,451 (158) (1.9) % 8,369
Other provisions 3,285 3,320 (35) (1.1) % 3,027
Deferred tax liabilities 10,025 10,007 18 0.2 % 9,342
Other liabilities 4,427 4,508 (81) (1.8) % 4,027
           
Liabilities 108,806 109,640 (834) (0.8) % 105,161
           
Shareholders’ equity 39,818 38,845 973 2.5 % 38,444
Issued capital 11,973 11,973 11,793
Treasury shares (50) (50) (51)
  11,923 11,923 11,742
Capital reserves 53,349 53,356 (7) (0.0) % 52,399
Retained earnings including carryforwards (35,971) (38,727) 2,756 7.1 % (36,187)
Total other comprehensive income 145 78 67 85.9 % (1,470)
Net profit (loss) 747 2,675 (1,928) (72.1) % 3,125
Issued capital and reserves attributable to owners of the parent 30,193 29,305 888 3.0 % 29,609
Non-controlling interests 9,625 9,540 85 0.9 % 8,835
           
Total liabilities and shareholders’ equity 148,624 148,485 139 0.1 % 143,605