Net asset position

In CHF million	31.12.2021	31.12.2020	Change
Property, plant and equipment	10,771	10,725	46
Intangible assets	1,714	1,745	(31)
Goodwill	5,157	5,162	(5)
Right-of-use assets	2,134	2,138	(4)
Trade receivables	2,315	2,132	183
Receivables from finance leases	99	87	12
Trade payables	(1,600)	(1,525)	(75)
Provisions	(1,149)	(1,216)	67
Deferred gain on sale and leaseback of real estate	(95)	(106)	11
Other operating assets and liabilities, net	(438)	(240)	(198)
Net operating assets	18,908	18,902	6
Net debt	(5,689)	(6,218)	529
Lease liabilities	(2,017)	(1,988)	(29)
Defined benefit assets and obligations, net	(13)	(795)	782
Income tax assets and liabilities, net	(835)	(643)	(192)
Equity-accounted investees and other non-current financial assets	459	233	226
Equity	10,813	9,491	1,322

Equity ratio	43.6	39.1