CONTENTS 2 2 ANNUALREPORT2009 review 3 Development and growth 4 Financial highlights 4 Definition of ratios 5 Highlights in 200
Auriga Annual report 2009 review Development and growth REVIEW DEvELOPMENTANDGROWTH Developmentandgrowthareabsolutelycrucialtot
Auriga Annual report 2009 review Financial highlights 4 4 FINANCIALHIGHLIGHTSFOR2005-2009 2005 income statement: Revenue EBITDA
Auriga Annual report 2009 review Highlights in 2009 HIGHLIGHTSIN2009 verysatisfactoryprogresswiththedevelopmentofandgrowth from
Auriga Annual report 2009 review AurigaIndustriesA/S 6 6 MANAGEMENT’SREvIEW Objectives and strategy ItistheoverallobjectiveofAu
Auriga Annual report 2009 review AurigaIndustriesA/S 77 year,asthesalesorganisationshavebeenstrengthenedinseveral markets,andSt
Auriga Annual report 2009 review AurigaIndustriesA/S 8 8 market conditions Afterstronggrowthin2008,thesectorsawadeclinein2009.
Auriga Annual report 2009 review AurigaIndustriesA/S 99 development,andseveralnewproductshavebeenintroducedto replacetheClassIp
Auriga Annual report 2009 review AurigaIndustriesA/S 1010 accounting purposes of internal development costs will change so that
Auriga Annual report 2009 review CorporateSocialResponsibility CORPORATESOCIALRESPONSIBILITy(CSR) it is A key goAl for AurigA t
Auriga Annual report 2009 review Development and growth 1212 DEvELOPMENTANDGROWTH –PAvINGTHEWAyFOR“FIvE-IN-FIFTEEN” to ensure f
Auriga Annual report 2009 review Development and growth 13 13 Development of formulations–Developsrobustrecipesfor newandexisti
Auriga Annual report 2009 review Riskmanagement 1414 RISKMANAGEMENT it is A key goAl for AurigA to prACtise effeCtive risk mAnA
Auriga Annual report 2009 review Riskmanagement 15 15 SpaininearlyJanuary2010,andinthecourseof2010SAPwillbe implementedinanumbe
Auriga Annual report 2009 review Shareholders 1616 SHAREHOLDERS ClArity is the overAll objeCtive of AurigA’s investor CommuniCA
Auriga Annual report 2009 review Shareholders Company announcements 2009 No. No. No. No. No. No. No. No. No. 1 2 3 4 5 6 7 8 9
Auriga Annual report 2009 review StatementbytheBoards 1818 STATEMENTByTHEBOARDS TheBoardofDirectorsandtheBoardofExecutiveshavet
Auriga Annual report 2009 review IndependentAuditor’sReport INDEPENDENTAUDITOR’SREPORT To the shareholders of Auriga Industries
Auriga Annual report 2009 review BoardofDirectors 2020 BOARDOFDIRECTORS BornAugust12,1948 Chairman of the board of Directors Jo
Auriga Annual report 2009 review BoardofDirectors 21 21 Erik Højsholt Povl Krogsgaard-Larsen Gunnar Krarup Andersen Kenneth Bro
Auriga Annual report 2009 review CorporateGovernance 2222 CORPORATEGOvERNANCE AurigA – whiCh is mAnAged ACCording to A two-tier
Auriga Annual report 2009 review Cheminova’s top management CHEMINOvA’STOPMANAGEMENT – globAl exeCutive Committee (geC) 23 23 K
2424 pAge 25 31 31 32 34 35 36 59 ACCOuNTS AND NOTES ACCOUNTINGPOLICIES INCOMESTATEMENT STATEMENTOFCOMPREHENSIvEINCOME BALANCES
Auriga Annual report 2009 Accounting policies ACCOuNTS AND NOTES ACCOUNTINGPOLICIES basis of accounting TheAnnualReportofAuriga
Auriga Annual report 2009 Accounting policies 2626 date as well as the income and expenses reported for the financial period. T
Auriga Annual report 2009 Accounting policies portionattributabletothenetprofit/lossfortheyearandin othercomprehensiveincomewit
Auriga Annual report 2009 Accounting policies 2828 impairment of property, plant and equipment and intangible assets excluding
Auriga Annual report 2009 Accounting policies Theacquisitionoftreasurysharesisrecogniseddirectlyinequity atcostunder‘Retainedea
sustAinAble development And growth bAsed on new produCts pAve the wAy for improved mArket shAre And eArnings for the benefit of
Auriga Annual report 2009 Incomestatement INCOMESTATEMENT2009 group DKK ’000 Revenue Productioncosts gross margin Otheroperatin
Auriga Annual report 2009 Balancesheet 32 BALANCESHEETASATDECEMBER31,2009 –ASSETS DKK ’000 Non-current assets intangible assets
Auriga Annual report 2009 Balancesheet BALANCESHEETASATDECEMBER31,2009 –EQUITyANDLIABILITIES group DKK ’000 equity Share capita
Auriga Annual report 2009 Cash flow statement 34 CASHFLOWSTATEMENT2009 group DKK ’000 Netprofit/(loss)fortheyear Depreciation,a
Auriga Annual report 2009 Statementofchangesinequity STATEMENTOFCHANGESINEQUITy Equity, group share capital 255,000 - - - - 255
Auriga Annual report 2009 Notes 36 NOTESONTHEFINANCIALSTATEMENTS2009 Unlessotherwiseindicated,allfiguresarestatedinDKK’000 NOTE
Auriga Annual report 2009 Notes NOTE 1 – Revenue - Segment information, continued Revenue by product types other crop protectio
Auriga Annual report 2009 Notes 38 NOTE 2 – Costs Production costs production costs include cost of sales and compromise the fo
Auriga Annual report 2009 Notes NOTE 2 – Costs, continued Depreciation, amortisation, impairment losses and write-downs expense
Auriga Annual report 2009 Notes 40 NOTE 4 – Remuneration for auditors appointed by the general meeting group 2009 Deloitte,audi
Auriga Annual report 2009 Notes NOTE 7 – Net financials, continued Net gain/loss on financial assets and liabilities, defined i
Auriga Annual report 2009 Notes 42 NOTE 9 – Earnings per share group 2009 Netprofit/(loss)fortheyear Minorityinterests’shareoft
Auriga Annual report 2009 Notes NOTE 11 – Property, plant and equipment, group land and buildings CostasatJanuary1,2008 Foreign
Auriga Annual report 2009 Notes 44 NOTE 12 – Property, plant and equipment, parent land and buildings CostasatJanuary1,2008 Add
Auriga Annual report 2009 Notes NOTE 14 – Financial assets, group investments in associates CostasatJanuary1,2008 Foreigncurren
Auriga Annual report 2009 Notes 46 NOTE 16 – Inventories group 2009 Finished goods Workinprogress Rawmaterials Packagingmateria
Auriga Annual report 2009 Notes NOTE 18 – Securities group 2009 Listed shares Unlisted securities total, fair value 438 728 1,1
Auriga Annual report 2009 Notes 48 NOTE 20 – Deferred tax group 2009 DeferredtaxasatJanuary1 Foreigncurrencytranslationadjustme
Auriga Annual report 2009 Notes NOTE 20 – Deferred tax, continued group 2009 Deferred tax for the Danish companies is calculate
Auriga Annual report 2009 Notes 50 Note 21 – Provisions, continued Defined-benefit plans: Thegroup’sforeignsubsidiarieshaveente
Auriga Annual report 2009 Notes NOTE 22 – Mortgage debt and payables to credit institutions Mortgage debt and payables to credi
Auriga Annual report 2009 Notes 52 NOTE 24 – Foreign exchange risk MostofAuriga’ssalesaresettledinforeigncurrencies,primarilyUS
Auriga Annual report 2009 Notes Note 24 – Foreign exchange risk, continued Currency hedging agreements relating to future trans
Auriga Annual report 2009 Notes 54 NOTE 25 – Interest rate and liquidity risk Fluctuationsininterestratelevelsposearisktothegro
Auriga Annual report 2009 Notes NOTE 26 – Other adjustments group 2009 Shareofprofit/(loss)inassociates Net financials Taxonpro
Auriga Annual report 2009 Notes 56 NOTE 28 – Cash group 2009 Cash and cash equivalents as at january 1 include: Beginningofyear
Auriga Annual report 2009 Notes NOTE 32 – Operating leases group 2009 non-cancellable operating leases 0-1year 1-5years Moretha
Auriga Annual report 2009 Notes 58 NOTE 35 – Financial instruments Other comprehensive income – fair value reserve: 2009 intere
Auriga Annual report 2009 Globalmarketpresence GLOBALMARKETPRESENCE – And group CompAnies 59 1 13 5 12 17 4 2 3 6 10 9 11 21 8
p.o. box 9 dk-7620 lemvig telephone: +45 7010 7030 fax: +45 7010 7031 registered address: gustav wieds vej 10, dk-8000 Aarhus C
Page 1:
Auriga Annual report 2009 » sustAinAble developme
Page 2:
CONTENTS 2 2 ANNUALREPORT2009 review 3 Development and growth 4
Page 3:
Auriga Annual report 2009 review Development and growth REVIEW
Page 4:
Auriga Annual report 2009 review Financial highlights 4 4 FINAN
Page 5:
Auriga Annual report 2009 review Highlights in 2009 HIGHLIGHTSI
Page 6:
Auriga Annual report 2009 review AurigaIndustriesA/S 6 6 MANAGE
Page 7:
Auriga Annual report 2009 review AurigaIndustriesA/S 77 year,as
Page 8:
Auriga Annual report 2009 review AurigaIndustriesA/S 8 8 market
Page 9:
Auriga Annual report 2009 review AurigaIndustriesA/S 99 develop
Page 10:
Auriga Annual report 2009 review AurigaIndustriesA/S 1010 accou
Page 11:
Auriga Annual report 2009 review CorporateSocialResponsibility
Page 12:
Auriga Annual report 2009 review Development and growth 1212 DE
Page 13:
Auriga Annual report 2009 review Development and growth 13 13 D
Page 14:
Auriga Annual report 2009 review Riskmanagement 1414 RISKMANAGE
Page 15:
Auriga Annual report 2009 review Riskmanagement 15 15 Spaininea
Page 16:
Auriga Annual report 2009 review Shareholders 1616 SHAREHOLDERS
Page 17:
Auriga Annual report 2009 review Shareholders Company announcem
Page 18:
Auriga Annual report 2009 review StatementbytheBoards 1818 STAT
Page 19:
Auriga Annual report 2009 review IndependentAuditor’sReport IND
Page 20:
Auriga Annual report 2009 review BoardofDirectors 2020 BOARDOFD
Page 21:
Auriga Annual report 2009 review BoardofDirectors 21 21 Erik Hø
Page 22:
Auriga Annual report 2009 review CorporateGovernance 2222 CORPO
Page 23:
Auriga Annual report 2009 review Cheminova’s top management CHE
Page 24:
2424 pAge 25 31 31 32 34 35 36 59 ACCOuNTS AND NOTES ACCOUNTING
Page 25:
Auriga Annual report 2009 Accounting policies ACCOuNTS AND NOTE
Page 26:
Auriga Annual report 2009 Accounting policies 2626 date as well
Page 27:
Auriga Annual report 2009 Accounting policies portionattributab
Page 28:
Auriga Annual report 2009 Accounting policies 2828 impairment o
Page 29:
Auriga Annual report 2009 Accounting policies Theacquisitionoft
Page 30:
sustAinAble development And growth bAsed on new produCts pAve t
Page 31:
Auriga Annual report 2009 Incomestatement INCOMESTATEMENT2009 g
Page 32:
Auriga Annual report 2009 Balancesheet 32 BALANCESHEETASATDECEM
Page 33:
Auriga Annual report 2009 Balancesheet BALANCESHEETASATDECEMBER
Page 34:
Auriga Annual report 2009 Cash flow statement 34 CASHFLOWSTATEM
Page 35:
Auriga Annual report 2009 Statementofchangesinequity STATEMENTO
Page 36:
Auriga Annual report 2009 Notes 36 NOTESONTHEFINANCIALSTATEMENT
Page 37:
Auriga Annual report 2009 Notes NOTE 1 – Revenue - Segment info
Page 38:
Auriga Annual report 2009 Notes 38 NOTE 2 – Costs Production co
Page 39:
Auriga Annual report 2009 Notes NOTE 2 – Costs, continued Depre
Page 40:
Auriga Annual report 2009 Notes 40 NOTE 4 – Remuneration for au
Page 41:
Auriga Annual report 2009 Notes NOTE 7 – Net financials, contin
Page 42:
Auriga Annual report 2009 Notes 42 NOTE 9 – Earnings per share
Page 43:
Auriga Annual report 2009 Notes NOTE 11 – Property, plant and e
Page 44:
Auriga Annual report 2009 Notes 44 NOTE 12 – Property, plant an
Page 45:
Auriga Annual report 2009 Notes NOTE 14 – Financial assets, gro
Page 46:
Auriga Annual report 2009 Notes 46 NOTE 16 – Inventories group
Page 47:
Auriga Annual report 2009 Notes NOTE 18 – Securities group 2009
Page 48:
Auriga Annual report 2009 Notes 48 NOTE 20 – Deferred tax group
Page 49:
Auriga Annual report 2009 Notes NOTE 20 – Deferred tax, continu
Page 50:
Auriga Annual report 2009 Notes 50 Note 21 – Provisions, contin
Page 51:
Auriga Annual report 2009 Notes NOTE 22 – Mortgage debt and pay
Page 52:
Auriga Annual report 2009 Notes 52 NOTE 24 – Foreign exchange r
Page 53:
Auriga Annual report 2009 Notes Note 24 – Foreign exchange risk
Page 54:
Auriga Annual report 2009 Notes 54 NOTE 25 – Interest rate and
Page 55:
Auriga Annual report 2009 Notes NOTE 26 – Other adjustments gro
Page 56:
Auriga Annual report 2009 Notes 56 NOTE 28 – Cash group 2009 Ca
Page 57:
Auriga Annual report 2009 Notes NOTE 32 – Operating leases grou
Page 58:
Auriga Annual report 2009 Notes 58 NOTE 35 – Financial instrume
Page 59:
Auriga Annual report 2009 Globalmarketpresence GLOBALMARKETPRES
Page 60:
p.o. box 9 dk-7620 lemvig telephone: +45 7010 7030 fax: +45 701
Auriga Industries A/S Annual report 2009
Click here to download the catalog as a PDF file.
To view this site you need Adobe Flash Player and your browser must allow javaScripts.
Go here to get the latest Flash Player.