Arla Foods Annual Report 2020
Management Review Our Strategy
Our Brands and Commercial Segments Our Responsibility Our Governance
Our Performance Review Our Consolidated Financial Statements
Our Consolidated Environmental, Social and Governance Data
FIVE-YEAR OVERVIEW
FINANCIAL KEY FIGURES
2020
2019
2018*
2017*
2016*
FINANCIAL KEY FIGURES
2020
2019
2018*
2017*
2016"
Performance price (EUR-cent)
Financial ratios
EUR-cent/kg owner milk
36.9
36.6
36.4
38.1
30.9
Profit share
EBIT margin
Income statement (EURM)
Leverage
Revenue
10,644
10,527
10,425
10,338
9,567
Interest cover
EBITDA
909
837
767
738
839
Equity ratio
3.2%
3.0%
2.8%
2.8%
3.6%
4.3%
3.9%
3.9%
3.7%
5.3%
2.7
2.8
2.4
2.6
2.4
16.8
12.0
14.9
12.9
13.3
35%
34%
37%
36%
34%
EBIT
458
406
404
385
505
Net financials
-72
-59
-62
-64
-107
Inflow of raw milk (mkg)
Profit for the year
352
323
301
299
356
Inflow from owners in Denmark
4,962
4,940
4,937
4,827
4,728
Inflow from owners in the UK
3,271
3,230
3,196
3,203
3,210
Profit appropriation for the year (EURm)
Inflow from owners in Sweden
1,826
1,788
1,826
1,855
1,909
Individual capital
41
61
0
38
30
Inflow from owners in Germany
1,714
1,700
1,762
1,759
1,758
Common capital
81
123
0
120
193
Inflow from owners in Netherlands, Belgium
Supplementary payment
223
127
290
127
124
and Luxenbourg
742
724
725
729
715
Inflow from others
1,231
Balance sheet (EURM)
Total inflow of raw milk
13,746
1,323
13,705
1,457
13,903 13,937
1,564
1,554
13,874
Total assets
7,331
7,106
6,635
6,442
6,382
Non-current assets
4,413
4,243
3,697
3,550
3,714
Number of owners
Current assets
2,918
2,863
2,938
2,871
2,668
Owners in Sweden
2,374
2,497
2,630
2,780
2,972
Equity
2,639
2,494
2,519
2,369
2,192
Owners in Denmark
2,357
2,436
2,593
2,675
2,877
Non-current liabilities
2,296
2,304
1,694
1,554
1,742
Owners in Germany
1,576
1,731
1,841
2,327
2,461
Current liabilities
2,396
2,308
2,422
2,499
2,448
Owners in the UK
2,241
2,190
2,289
2,395
2,485
Net interest-bearing debt including pension liabilities
2,427
2,362
1,867
1,913
2,017
Net working capital
679
823
894
970
831
Owners in Netherlands, Belgium and Luxembourg
Total number of owners
858
905
966
1,085
1,127
9,406
9,759
10,319
11,262
11,922
Cash flows (EURM)
Environmental, social and governance data
Cash flow from operating activities
731
773
649
386
806
CO₂e scope 1 and 2 (mkg)
751
Cash flow from investing activities
-488
-571
-432
-219
-167
CO₂e scope 3 (mkg)
Free cash flow
243
202
217
167
639
Average number of full-time equivalents
Cash flow from financing activities
-293
-136
-191
-155
-624
Gender diversity board
20%**
862
946
18,479 18,243 18.411
20,020 19,174 19,190
13%
930
18,528
940
18,644
18,973
18,765
20%**
12%
7%
Investments in property, plant and equipment
Purchase of enterprises
-478
-425
-383
-248
-263
-168
-51
-7
** The ratio pertains to all members of the BoD (including employee representatives and external advisors). Gender ratio within the elected
members is 13 per cent female, 87 per cent male.
* Not restated following the implementation of IFRS 16 leasing standard.
10 ARLA FOODS ANNUAL REPORT 2020
For in-depth info please refer to the Consolidated Financial Statements (from page 63),
and the Consolidated Environmental, Social and Governance Statements (from page 120.).View entire presentation