You have the following information for the Swiss power and automation technology firm, ABB Ltd. All figures are in millions of Swiss francs (SFr).

Give a brief interpretation of what you think ABB Ltd did over the period 2011–2015. Do you think they are in a better position now than in 2011?

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Current assets Non-current assets Total assets Current liabilities Non-current liabilities Total liabilities Total equity Total liabilities plus equity 2015 18,327 7,915 26,242 12,102 3,378 15,480 10,762 26,242 2014 18,241 6,868 25,109 10,541 4,598 15,139 9,970 25,109 2013 17,523 6,344 23,867 11,499 4,301 15,800 8,067 23,867 2012 16,734 5,680 22,414 10,468 4,024 14,492 7,922 22,414 2011 12,692 5,485 18,177 9,027 4,785 13,812 4,365 18,177