Financial statements 2015 



Consolidated financial statements
98
Consolidated statement of financial position
98
Consolidated statement of profit or loss
99
Consolidated statement of comprehensive income
100
Consolidated statement of changes in equity
101
Consolidated statement of cash flows
103
Notes to the consolidated financial statements
104
1. Reporting entity
104
2. Basis of preparation
104
3. First-time adoption of IFRS
106
4. Operating segments
117
5. Business combinations
119
6. Assets held for sale and disposals during the year
123
7. Revenue
124
8. Cost of raw materials and consumables
124
9. Employee benefit expenses
125
10. Other operating expenses
126
11. Net finance costs
128
12. Earnings per share
128
13. Income taxes
130
14. Property, plant and equipment
134
15. Intangible assets and goodwill
135
16. Investment property
137
17. Equity-accounted investees
138
18. Inventories
140
19. Biological Assets
140
20. Trade and other receivables
142
21. Cash and cash equivalents
143
22. Capital and reserves
143
23. Capital Management
145
24. Share-based payment arrangements
146
25. Loans and borrowings, including derivatives
149
26. Employee benefits
153
27. Provisions
159
28. Trade and other payables
161
29. Financial instruments
162
30. List of main subsidiaries
174
31. Non-controlling interests
175


32. Acquisition of non-controlling interests
177
33. Operating leases
177
34. Commitments and contingencies
178
35. Related parties
179
36. Events after the reporting period
182
37. Significant accounting policies
182
38. New standards and interpretations not yet adopted
194
Company financial statements
198
Company balance sheet
198
Company statement of profit or loss
199
Notes to the company financial statements
200
39. General
200
40. Principles for the measurement of assets and liabilities and the determination of the result
200
41. Investments in subsidiaries
202
42. Trade and other receivables
203
43. Receivables from and debts to group companies
203
44. Financial instruments
203
45. Taxes and social security
203
46. Shareholders’ equity
204
47. Provisions
207
48. Credit facilities
207
49. Commitments and contingencies
208
50. Remuneration of the board of supervisory directors and the statutory board of directors
208
Other information
209
Result appropriation scheme under the articles of association
209
Proposal for profit appropriation
209
Events after the reporting period
210
Independent auditor's report
211
Overview financial history
217