4 - Refresco.de
4 - Refresco.de 4 - Refresco.de
Financial review 2009 Consolidated balance sheet As at December 31 EUR’000 ASSETS note 2009 2008 Non-current assets Property, plant and equipment 4.1 328,807 323,023 Intangible assets 4.2 274,859 271,769 Other investments 4.3 1,320 370 Deferred tax assets 4.4 6,006 9,387 Total non-current assets 610,992 604,549 Current assets Inventories 4.5 92,985 94,028 Other investments, including derivatives 4.3 2,541 6,344 Current tax assets 2,079 823 Trade and other receivables 4.6 176,472 180,853 Cash and cash equivalents 4.7 59,742 44,702 333,819 326,750 Assets classified as held for sale 4.8 1,782 1,238 Total current assets 335,601 327,988 Total assets 946,593 932,537 EQUITY & LIABILITIES Equity Share capital 5,437 5,437 Share premium 156,531 156,606 Reserves (44,143) (31,659) Profit / (loss) for the year 7,693 (13,783) Total equity attributable to equity holders of the Company 4.9 125,518 116,601 Non-current liabilities Loans and borrowings 4.10 524,686 524,934 Derivatives 6.2 16,281 10,122 Employee benefits provisions 4.11 13,068 12,942 Other provisions 4.12 525 712 Deferred tax liabilities 4.4 22,120 24,508 Total non-current liabilities 576,680 573,218 Current liabilities Bank overdrafts 4.10 1,365 10,858 Loans and borrowings 4.10 16,695 16,642 Trade and other payables 4.13 226,335 215,218 Total current liabilities 244,395 242,718 Total liabilities 821,075 815,936 Total equity and liabilities 946,593 932,537 The notes on pages 79 to 93 are an integral part of these consolidated financial statements.
Consolidated income statement 2009 EUR’000 2009 2008 note Revenue 5.1 1,139,574 1,146,082 Other income 5.2 568 0 Raw materials and consumables used (672,588) (697,589) Employee benefits expense 5.3 (105,947) (99,979) Depreciation, amortization and impairment expense 5.4 (51,886) (47,511) Other operating expenses 5.5 (242,017) (243,534) Operating profit 67,704 57,469 Finance income 5.6 201 2,014 Finance expense 5.6 (56,491) (76,383) Net finance result (56,290) (74,369) Profit / (loss) before income tax 11,414 (16,900) Income tax (expense) / benefit 5.7 (3,721) 3,117 Profit / (loss) 7,693 (13,783) Attributable to: Equity holders of the Company 4.9 7,693 (13,783) Profit / (loss) 7,693 (13,783) The notes on pages 94 to 98 are an integral part of these consolidated financial statements. page _ 64 / 65
- Page 13 and 14: 606,001 Acquisition of Refresco by
- Page 15 and 16: ecome Europe’s No. 1 manufacturer
- Page 17 and 18: Strategic development Since its fou
- Page 19 and 20: To expand our juice business in Spa
- Page 21 and 22: 2009 revenue A focused, well-balanc
- Page 23 and 24: Risks related to price fluctuations
- Page 25 and 26: page _ 24 / 25
- Page 27 and 28: Supervisory Board The Supervisory B
- Page 29 and 30: Composition of the Supervisory Boar
- Page 31 and 32: to the British Retail Consortium (B
- Page 33 and 34: “In 2009 Refresco business units
- Page 35 and 36: “We have a continuous search for
- Page 37 and 38: in liters increased by 8% to 3.4 bi
- Page 39 and 40: high quality and on an ambitious gr
- Page 41 and 42: of its customers, no matter what co
- Page 43 and 44: 160.000 140.000 120.000 100.000 80.
- Page 45 and 46: These trends create constant demand
- Page 47 and 48: The surrounding countries, Germany
- Page 49 and 50: for retailers developing private la
- Page 51 and 52: A-brands and private label to keep
- Page 53 and 54: manufacturers taking up product dev
- Page 55 and 56: is in driving ‘values’ as well
- Page 57 and 58: How do you see the future for priva
- Page 59: enabling consumers to acquire quali
- Page 62 and 63: financial review 2009 Business is n
- Page 66 and 67: Financial review 2009 Consolidated
- Page 68 and 69: Financial review 2009 Consolidated
- Page 70 and 71: Financial review 2009 Transactions
- Page 72 and 73: Financial review 2009 2.6 Intangibl
- Page 74 and 75: Financial review 2009 to the Group,
- Page 76 and 77: Financial review 2009 if there is a
- Page 78 and 79: Financial review 2009 concentration
- Page 80 and 81: Financial review 2009 EUR’000 DEP
- Page 82 and 83: Financial review 2009 4.2 Intangibl
- Page 84 and 85: Financial review 2009 4.3 Other inv
- Page 86 and 87: Financial review 2009 Tax losses ca
- Page 88 and 89: Financial review 2009 Non-current l
- Page 90 and 91: Financial review 2009 4.11 Employee
- Page 92 and 93: Financial review 2009 Expenses reco
- Page 94 and 95: Financial review 2009 5 Notes to th
- Page 96 and 97: Financial review 2009 5.6 Finance i
- Page 98 and 99: Financial review 2009 The major ite
- Page 100 and 101: Financial review 2009 Ageing and im
- Page 102 and 103: Financial review 2009 Foreign curre
- Page 104 and 105: Financial review 2009 EUR’000 Dec
- Page 106 and 107: Financial review 2009 6.5 Contingen
- Page 108 and 109: Financial review 2009 EUR’000 Rec
- Page 110 and 111: Financial review 2009 EUR’000 Rec
- Page 112 and 113: Financial review 2009 Company balan
Consolidated income statement 2009<br />
EUR’000<br />
2009 2008<br />
note<br />
Revenue 5.1 1,139,574 1,146,082<br />
Other income 5.2 568 0<br />
Raw materials and consumables used (672,588) (697,589)<br />
Employee benefits expense 5.3 (105,947) (99,979)<br />
Depreciation, amortization and impairment expense 5.4 (51,886) (47,511)<br />
Other operating expenses 5.5 (242,017) (243,534)<br />
Operating profit 67,704 57,469<br />
Finance income 5.6 201 2,014<br />
Finance expense 5.6 (56,491) (76,383)<br />
Net finance result (56,290) (74,369)<br />
Profit / (loss) before income tax 11,414 (16,900)<br />
Income tax (expense) / benefit 5.7 (3,721) 3,117<br />
Profit / (loss) 7,693 (13,783)<br />
Attributable to:<br />
Equity hol<strong>de</strong>rs of the Company 4.9 7,693 (13,783)<br />
Profit / (loss) 7,693 (13,783)<br />
The notes on pages 94 to 98 are an integral part of these consolidated financial statements.<br />
page _ 64 / 65
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