Consolidated Balance Sheets

Assets

at 31 December 2022 and 2021	Notes¹	31.12.2022 in CHF m	in %	31.12.2021 in CHF m	in %

Assets
Non-current assets
Property, plant, and equipment	5	1 549		1 790
Right-of-use assets	7	240		281
Intangible assets	6	997		1 280
Investments in associates and joint ventures	8	327		211
Financial assets	9	225		198
Prepaid pension assets	20	61		76
Deferred tax assets	10	120		163
Total non-current assets		3 519	56.9	3 999	56.8
Current assets
Inventories	11	796		691
Trade receivables	12	725		729
Other current assets	13	326		316
Current income tax receivables		54		48
Short-term deposits	14	324		12
Cash and cash equivalents	15	394		415
Total current assets		2 619	42.3	2 211	31.4
Assets held for sale	25	50	0.8	828	11.8

Total assets		6 188	100.0	7 038	100.0
¹ The notes form an integral part of the consolidated financial statements.

at 31 December 2022 and 2021	Notes¹	31.12.2022 in CHF m	in %	31.12.2021 in CHF m	in %

Equity and liabilities
Equity
Share capital	17	863		996
Treasury shares (par value)	17	–8		–8
Other reserves		–1 165		–1 140
Retained earnings		2 651		2 510
Total capital and reserves attributable to Clariant shareholders		2 341		2 358
Non-controlling interests		172		186
Total equity		2 513	40.6	2 544	36.1

Liabilities
Non-current liabilities
Financial debts	18	870		958
Deferred tax liabilities	10	27		30
Retirement benefit obligations	20	488		593
Non-current lease liabilities	7	195		233
Other liabilities	22	55		58
Provision for non-current liabilities	21	178		152
Total non-current liabilities		1 813	29.3	2 024	28.8

Current liabilities
Trade payables and other liabilities	22	1 009		985
Financial debts	23	355		709
Current income tax liabilities		233		257
Current lease liabilities	7	44		49
Provision for current liabilities	21	215		223
Total current liabilities		1 856	30.0	2 223	31.6
Liabilities directly associated with assets held for sale	25	6	0.1	247	3.5
Total liabilities		3 675	59.4	4 494	63.9

Total equity and liabilities		6 188	100.0	7 038	100.0
¹ The notes form an integral part of the consolidated financial statements.