CHAPTER 8 Further information Economic, financial information

92

Consolidated Statements of Financial Position At 31 December 2015 and 2014 Compañía Española de Petróleos, S.A.U and Subsidiaries (Consolidated Group) (Thousands of euros)

Assets 2015 2014 (Restated)*

Non-current assets

Intangible assets (Note 8)

Intangible assets and rights 892,733 824,206

Impairment losses and amortisation charge (464,969) (336,508)

Total intangible assets 427,764 487,698

Goodwill in consolidation (Note 9) 304,870 820,991

Property, plant and equipment (note 10)

Tangible assets and rights 16,798,556 15,848,710

Impairment losses and depreciation charge (11,995,503) (8,623,174)

Total property, plant and equipment 4,803,053 7,225,536

Investments accounted for using the equity method (Note 7) 524,555 448,869

Non-current financial assets (Note 11) 116,942 486,310

Deferred tax assets (Note 24) 921,896 422,657

Total non-current assets 7,099,080 9,892,061

Current assets

Inventories (Note 12) 1,273,306 1,754,320

Trade and other receivables (Note 13) 1,665,968 2,484,570

Current income tax assets 95,052 193,449

Other current financial assets (Note 11) 216,522 144,054

Other current assets 9,810 7,971

Cash and equivalents (Note 14) 1,233,918 1,382,597

Assets held for sale and discontinued operations (Note 25) 253,499 -

Total current assets 4,748,075 5,966,961

Total assets 11,847,155 15,859,022

The accompanying Notes 1 to 35 are an integral part of these Consolidated Statement of Financial Position. * Financial year 2014 has been restated for comparison purposes with financial year 2015.