Arla Foods Consolidated Annual Report 2021 slide image

Arla Foods Consolidated Annual Report 2021

10 Arla Foods Consolidated Annual Report 2021 / Management Review / Five Year Overview FIVE-YEAR OVERVIEW Contents III FINANCIAL KEY FIGURES 2021 2020 2019 2018* 2017* FINANCIAL KEY FIGURES 2021 2020 2019 2018* 2017* Performance price (EUR-cent) Financial ratios EUR-cent/kg owner milk 39.7 36.5 36.3 36.0 37.7 Profit share EBIT margin Income statement (EURm) Leverage Revenue 11,202 10,644 10,527 10,425 10,338 Interest cover EBITDA 948 909 837 767 738 Equity ratio 3.0% 3.2% 3.0% 2.8% 2.8% 4.2% 4.3% 3.9% 3.9% 3.7% 2,6 2.7 2.8 2.4 2.6 23.7 16.8 12.0 14.9 12.9 37% 35% 34% 37% 36% EBIT 468 458 406 404 385 Net financials -61 -72 -59 -62 -64 Inflow of raw milk (mkg) Profit for the year 346 352 323 301 299 Inflow from owners in Denmark 4,952 5,011 4,988 4,986 4,874 Inflow from owners in the UK 3,306 3,303 3,261 3,227 3,235 Profit appropriation for the year (EURM) Inflow from owners in Sweden 1,838 1,844 1,806 1,844 1,873 Individual capital 42 41 61 0 38 Inflow from owners in Germany 1,681 1,731 1,717 1,779 1,776 Common capital 83 81 123 0 120 Inflow from owners in the Netherlands, Belgium Supplementary payment 207 223 127 290 127 and Luxembourg 741 749 731 732 736 Inflow from others 1,128 Balance sheet (EURM) Total inflow of raw milk 13,646 1,231 13,869 1,323 13,826 14,025 1,457 1,564 14,058 Total assets 7,813 7,331 7,106 6,635 6,442 Non-current assets 4,668 4,413 4,243 3,697 3,550 Number of owners Current assets 3,145 2,918 2,863 2,938 2,871 Owners in Sweden 2,236 2,374 2,497 2,630 2,780 Equity 2,910 2,639 2,494 2,519 2,369 Owners in Denmark 2,274 2,357 2,436 2,593 2,675 Non-current liabilities 2,446 2,296 2,304 1,694 1,554 Owners in Germany 1,497 1,576 1,731 1,841 2,327 Current liabilities 2,457 2,396 2,308 2,422 2,499 Owners in the UK 2,127 2,241 2,190 2,289 2,395 Net interest-bearing debt including pension liabilities 2,466 2,427 2,362 1,867 1,913 Net working capital 810 679 823 894 970 Owners in the Netherlands, Belgium and Luxembourg Total number of owners 822 858 905 966 1,085 8,956 9,406 9,759 10,319 11,262 Cash flows (EURM) Environmental, social and governance data Cash flow from operating activities 780 731 773 649 386 CO₂e scope 1 and 2 (mkg) reduction Cash flow from investing activities -482 -488 -571 -432 -219 CO₂e scope 3/kg of milk and whey reduction Free cash flow 298 243 202 217 167 Cash flow from financing activities -330 -293 -136 -191 -155 Average number of full-time equivalents Gender diversity, Board -25,0% -24,0% -7,0% -7,0% 20.617 20,020 13% 13% -12,0% -4,0% -5,0% -7,0% -7,0% -6,0% 19,174 13% 19,190 18,973 12% 13% Investments in property, plant and equipment Acquisition of enterprises -452 -478 -425 -383 -248 -168 -51 -7 * Not restated following the implementation of the IFRS 16 Leases standard. For in-depth info, please refer to the Consolidated Financial Statements (from page 64), and the Environmental, Social and Governance Statements report (from page 120).
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