Arla Foods Consolidated Annual Report 2021 slide image

Arla Foods Consolidated Annual Report 2021

66 Arla Foods Consolidated Annual Report 2021 / Consolidated Financial Statements / Primary Statements PROFIT APPROPRIATION (EURM) Profit for the year Non-controlling interests Arla Foods amba's share of net profit for the year Profit appropriation: Supplementary payment for milk Interest on contributed individual capital Total supplementary payment Transferred to equity: Reserve for special purposes Contributed individual capital Total transferred to equity Appropriated profit 2021 2020 Profit appropriation for 2021 346 352 -14 -7 332 345 203 219 4 4 207 223 83 42 125 332 ཚམྦྷ་ 81 122 345 Performance price 39.7 EUR-cent/kg Contents III Standard prepaid milk price 37.0 EUR-cent/kg Retainment EUR-cent/kg Common capital (2/3) Individual capital (1/3) 83 EURM 42 EURM 125 EURM 0.67 0.33 1.00 Profit for the year 332 EURM 2.65 EUR-cent/kg Supplementary payment Supplementary payment Interest on individual capital 203 EURM 4 EURM 207 EURM 1.62 0.03 1.65 *Based on profit allocated to owners of Arla Foods amba. PROFIT APPROPRIATION The proposed supplementary payment for 2021 is EUR 207 million, including interest. This corresponds to 1.65 EUR-cent/kg of owner milk. Interest on the carrying value of contributed individual capital amounted to EUR 4 million. Contributed individual capital carried an interest of 1.50 per cent in 2021. In addition, EUR 125 million, equalling 1.00 EUR-cent/kg of owner milk, is transferred to equity and split into 1/3 to individual capital (contributed individual capital), amounting to EUR 42 million, and 2/3 to common capital (reserve for special purposes), amounting to EUR 83 million.
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