6 6.2. COMPARED BALANCE SHEETS ASSETS € millions (net values) Notes 31.12.2021 31.12.2020 31.12.2019 Intangible assets 11 4,607.4 4,366.0 2,937.5 Tangible assets 12 573.4 555.9 530.9 Financial assets 14 19,272.1 10,488.1 10,633.8 Non-current assets 24,452.9 15,410.0 14,102.2 Inventories 102.3 107.2 69.7 Prepayments to suppliers 6.4 7.8 7.3 Trade accounts receivable 16 770.2 692.9 616.7 Other current assets 16 515.0 489.8 471.1 Marketable securities 15 33.4 63.9 22.6 Cash and cash equivalents 27 0.6 3,791.3 2,463.5 Current assets 1,427.9 5,152.9 3,650.9 Prepaid expenses 84.4 87.7 65.9 Unrealised exchange losses 21 188.2 45.8 60.3 TOTAL ASSETS 26,153.4 20,696.4 17,879.3 LIABILITIES € millions Notes 31.12.2021 31.12.2020 31.12.2019 Share capital 111.5 112.0 111.6 Additional paid-in capital 3,265.6 3,259.8 3,130.2 Reserves and retained earnings 10,813.1 10,020.0 8,087.1 Net profit 3,860.5 4,158.8 4,105.8 Regulated provisions 29.9 36.2 49.8 Shareholders’ equity 18,080.6 17,586.8 15,484.5 Provisions for liabilities and charges 18 878.3 790.6 610.4 Borrowings and debt 19 4,946.5 369.3 207.5 Trade accounts payable 20 994.7 829.8 568.0 Other current liabilities 20 1,234.8 1,074.7 999.0 Other payables 7,176.0 2,273.8 1,774.5 Unrealised exchange gains 21 18.5 45.2 9.9 TOTAL SHAREHOLDERS’ EQUITY AND LIABILITIES 26,153.4 20,696.4 17,879.3 L ’ ORÉAL I UNIVERS AL REGISTRATION DOCUMENT 2021 349 PARENT COMPANY FINANCIAL STATEMENTS Compared balance sheets