Notes to the consolidated financial statements Annua l Report 2014 80
5 Assets and liabilities held for sale and discontinued operations
Assets and liabilities held for sale
Discontinued operations
December 28, December 29,
million 2014 2013
Non-current assets and disposal groups held for sale 7 3
Assets held for sale from discontinued operations - 25
Total assets held for sale 7 28
Liabilities related to assets held for sale from discontinued operations - 48
The non-current assets and disposal groups held for sale consisted primarily of property, plant and equipment.
At year-end 2013, the assets held for sale and liabilities related to assets held for sale from discontinued operations consisted of the carrying value of the Slovakian disposal group as presented below:
December 28, December 29,
million 2014 2013
Non-current assets - 1
Current assets - 24
Total assets held for sale from discontinued operations - 25
Non-current liabilities - 25
Current liabilities - 23
Total liabilities related to assets held for sale from discontinued operations - 48
Income (loss) from discontinued operations is specified as follows:
million 2014 2013
Slovakia (2) (3)
ICA - 137
Other (1) 2
Operating results from discontinued operations1 (3) 136
U.S. Foodservice (194)
Slovakia (1) (20)
ICA - 1,614
Various2 1 12
Results on divestments3 (194) 1,596
Income (loss) from discontinued operations, net of income taxes (197) 1,732
1 Operating results from discontinued operations are after net income tax benefits of €2 million and €8 million in 2014 and 2013, respectively.
2 Includes adjustments to the results on various other past divestments.
3 Results on divestments are after net income tax benefits of €28 million and €9 million in 2014 and 2013, respectively.
See Note 28 for the reconciliation between results on divestments of discontinued operations and cash received.
