Arla Foods Consolidated Annual Report 2021 slide image

Arla Foods Consolidated Annual Report 2021

64 Arla Foods Consolidated Annual Report 2021 / Consolidated Financial Statements / Primary Statements TABLE OF CONTENTS PRIMARY STATEMENTS NOTES REPORTS Contents ||| 65 Income statement 73 Introduction to notes 65 Comprehensive income 66 Profit appropriation 74 Revenue and costs 67 Balance sheet 68 Equity 74 1.1 Revenue 71 Cash flow 76 1.2 Operational costs 78 1.3 Other operating income and costs 79 1.4 Key performance indicators 80 Net working capital 80 2.1 Net working capital, other receivables and current liabilities 83 Capital employed 83 3.1 Intangible assets and goodwill 86 3.2 Property, plant and equipment 89 3.3 Associates and Joint ventures 91 Funding 91 4.1 Financial risks 98 4.2 Financial items 99 4.3 Net interest-bearing debt 104 4.4 Derivatives 105 4.5 Financial instruments 106 4.6 Sale and repurchase agreements 107 4.7 Pension liabilities 111 Other areas 111 5.1 Tax 112 5.2 Provisions 112 5.3 Fees to auditors appointed by the Board of Representatives 113 5.4 Management remuneration and transactions 113 5.5 Contractual commitments, contingent assets and liabilities 113 5.6 Events after the balance sheet date 114 5.7 General accounting policies 115 5.8 Group chart 117 Statement by the Board of Directors and the Executive Board 118 Independent auditor's report
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