ANNUAL REPORT 2021 slide image

ANNUAL REPORT 2021

LUNDBECK ANNUAL REPORT 2021 = CONTENTS FINANCIAL STATEMENTS OF THE PARENT COMPANY NOTES 9-11 9 RIGHT-OF-USE ASSETS AND LEASE LIABILITIES Amounts recognized in profit or loss Expense relating to short-term leases, not capitalized Depreciation of right-of-use assets, land and buildings Total 11 PROVISIONS 2021 DKKM 2020 DKKm 2 1 Provisions at 1 January 13 13 Provisions charged 15 14 Provisions used 2021 2020 Land and buildings DKKm DKKm Cost at 1 January 220 216 Adjustment to right-of-use assets during the year 7 4 Cost at 31 December 227 220 Depreciation and impairment losses at 1 January Depreciation 26 13 13 13 Depreciation and impairment losses at 31 December 39 26 Carrying amount at 31 December 188 194 Maturity analysis of lease liabilities Within 1 year Between 1 year and 5 years After 5 years Lease liabilities at 31 December 10 INVENTORIES 2021 2020 DKKm DKKm 14 13 54 52 120 130 188 195 2021 2020 DKKm DKKm Raw materials and consumables 162 143 Work in progress 1,342 868 Finished goods and goods for resale 344 292 Total 1,848 1,303 Unused provisions reversed Provisions at 31 December 100/111 2021 DKKm 132 284 (125) (51) 240 The Parent company has entered into agreements with individual subsidiaries, under which the Parent company will cover expected losses and obligations concerning the restructuring programs. The provisions in the Parent company therefore cover such losses and obligations. At 31 December 2021, provisions of DKK 240 million (DKK 132 million in 2020) related to restructuring programs.
View entire presentation