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9. Discontinued operations and assets and liabilities of disposal group classified as held for sale

9.2 Assets and liabilities of disposal group classified as held for sale

9.2 Assets and liabilities of disposal group classified as held for sale

Assets and liabilities of disposal group classified as held for sale as per December 31, 2020 relate to the divestment of non-core established brand products. As not all market authorizations have been transferred already to the buyer, UCB is still owner of the commercial stock for these divested non-core established brand products in some countries. No write-off has been accounted for on this stock.

Assets of disposal group classified as held for sale as per December 31, 2019 mainly relate to the divestment of non-core established brand products. Assets consist mainly of intellectual property rights and inventory. Liabilities relate to deferred tax liabilities.

Detail of assets and liabilities of disposal group classified as held for sale as per December 31, 2020 and 2019:

€ million

2020

2019

Intangible assets

0

35

Inventories

3

15

Assets classified as held for sale

3

50

Deferred income tax liabilities

0

9

Liabilities associated with assets classified as held for sale

0

9

Net assets classified as held for sale

3

41