Total assets refers to the annual balance sheet total or the value of a company’s main assets, typically at the last accounting or last available date. This is typically the aggregate of the amounts shown as assets in the company’s balance sheet (that is before deducting both current and long-term liabilities).

Total assets should comprise the items in sections A - E listed in Annex III of EU Financial Statements regulations.

See also: For more details see Article 12.3 of Council Directive 78/660/EEC of 25 July 1978 based on Article 54 (3) (g) of the Treaty on the annual accounts of certain types of companies, Official Journal L 222, p. 11-31, of 14 August1978