STATEMENT OF FINANCIAL POSITION DKK million Section 31 Dec. 2013 31 Dec. 2012 ASSETS Non-current assets Intangible assets 2.3, 2.4 91,895 91,216 Property, plant and equipment 2.3, 2.4 33,482 31,991 Investments in associates 5.5 2,359 6,241 Receivables 1.6 2,093 2,208 Deferred tax assets 6.2 1,175 1,170 Total non-current assets 131,004 132,826 Current assets Inventories 1.3.1 4,762 4,541 Trade receivables 1.6 7,888 7,828 Tax receivables 203 60 Other receivables 1.6 2,001 2,093 Prepayments 1,566 853 Cash and cash equivalents 4.4.2 3,714 5,760 Total current assets 20,134 21,135 Total assets 151,138 153,961 DKK million Section 31 Dec. 2013 31 Dec. 2012 EQUITY AND LIABILITIES Equity Share capital 4.3.2 3,051 3,051 Reserves -13,755 -6,476 Retained earnings 78,515 73,686 Equity, shareholders in Carlsberg A/S 67,811 70,261 Non-controlling interests 3,688 3,389 Total equity 71,499 73,650 Non-current liabilities Borrowings 4.2, 4.4 30,686 36,706 Retirement benefit obligations and similar obligations 7.4 3,093 3,957 Deferred tax liabilities 6.2 8,837 9,682 Provisions 3.2 1,278 1,230 Other liabilities 1,354 1,201 Total non-current liabilities 45,248 52,776 Current liabilities Borrowings 4.2, 4.4 9,525 3,352 Trade payables 12,927 11,862 Deposits on returnable packaging 1.3.2 1,630 1,381 Provisions 3.2 530 619 Corporation tax 531 537 Other liabilities etc.  9,248 9,784 Total current liabilities 34,391 27,535 Total liabilities 79,639 80,311 Total equity and liabilities 151,138 153,961 Consolidated financial statements MAIN STATEMENTS 56 Carlsberg Group Annual Report 2013