Report and Accounts 1999 / 2000 - Carlsberg Group

Profit and Loss Account 1999/00
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Profit and Loss Account 1999/00
Parent Company Profit and Loss Account Group
1998/99 1999/00 Note 1999/00 1998/99
DKK million DKK million DKK million DKK million
(12 months) (15 months) (15 months) (12 months)
4,601 3,343 1 Turnover 47,351 31,285
1,535 1,200 2 Production costs 17,291 12,699
1,088 776 Excise duties on beer and soft drinks, etc. 12,433 7,131
1,978 1,367 Gross profit 17,627 11,455
1,688 1,115 2 Sales and distribution expenses 12,546 8,194
211 133 2 Administrative expenses 2,722 1,743
48 119 3 Other operating income, net 524 91
4 Profit before tax of participating interests
1,082 1,733 in subsidiaries
4 Profit before tax of paticipating interests
in pro rata consolidated associated
170 174 companies
4 Profit before tax of participating interests
56 15 in other associated companies 51 64
1,435 2,160 Operating profit 2,934 1,673
153 644 5 Special items, net 428 79
1,588 2,804 Profit before financials 3,362 1,752
38 98 6 Income from other participating interests, etc. 386 46
492 652 7 Other interest income and similar income 1,114 593
Write-downs on fixed asset investments,
16 49 securities, etc. 86 23
473 567 8 Interest expenses and similar charges 1,621 735
1,629 2,938 Profit before tax 3,155 1,633
465 805 9 Corporation tax 928 477
Group profit 2,227 1,156
Minority interests 94 -8
1,164 2,133 Profit for the year, Carlsberg A/S´ share 2,133 1,164
Proposed appropriation:
256 345 Dividend to shareholders
908 1,788 Appropriated to reserves
1,164 2,133