The abridged balance sheet as at 31 December 2020 is shown below.
31 December 2020
31 December 2019
Assets held for sale
Equity and liabilities
Total equity and liabilities
The following notes explain the significant changes in the balance sheet as at 31 December 2020 relative to the situation as at 31 December 2019. Detailed information on balance sheet items is given in the financial statements.
The non-current assets increased by €504 million compared to the position at year-end 2019. This increase is mainly explained by the high level of investment, in particular in the networks and meters, and by the purchase of TReNT.
Equity increased by €104 million as a result of the profit achieved in 2020 (€224 million) on the one hand and the dividend paid in 2019 (€114 million) on the other. A summary of the movements can be found in note  of the financial statements.
The increase in non-current assets has been financed, in part, through external loans. Loan capital totalling €722 million was raised, including a green bond loan for an amount of €500 million.
Current liabilities decreased by €280 million due to repayment against the ECP loan in mid-2020.