PH178737

Inter IKEA Group balance sheet

The Inter IKEA Group balance sheet positions have not changed significantly compared to 31 August 2020. Receivables went up, liabilities went down, and the equity ratio increased from 45% to 47%, demonstrating financial strength.

The consolidated balance sheet shows an overview of Inter IKEA Group’s assets, equity and what is due to suppliers, partners and other organisations.

Consolidated balance sheet
Note to reader: the included abbreviated financial statements are an abridged version of the consolidated financial statements of Inter IKEA Holding B.V. as included in the Annual Report for the financial year 2021. An unqualified auditor’s report dated 28 October 2021 was issued on these financial statements. Inter IKEA Holding B.V.’s consolidated financial statements, from which these abbreviated financial statements have been derived, have been prepared in accordance with Part 9 of Book 2 of the Dutch Civil Code.

Intangible fixed assets

In general terms, fixed assets are business property intended for long-term use. Intangible fixed assets are assets that lack physical form like patents, trademarks, copyrights, and other intellectual property. Intangible fixed assets form much of Inter IKEA Group’s overall assets.

Most Inter IKEA Group intangible fixed assets are trademark rights and other intellectual property rights. Inter IKEA Group purchased these rights for EUR 11.8 billion in 2012. As a positive return is expected for a long period, these costs are spread over a period of 45 years.

Tangible fixed assets

Inventories and receivables

Group equity, provisions and liabilities

GRAPHS SUMMARY FY21 FIN5