|
|
|
Chr. Hansen Group |
|
Continuing
operations |
|
|
|
|
|
|
|
|
|
|
|
|
| Note |
DKKm |
2004/05 |
|
2003/04 |
|
2004/05 |
|
2003/04 |
|
|
|
|
|
|
|
|
|
|
|
|
|
1 |
Revenue |
4,381 |
|
4,474 |
|
1,217 |
|
1,054 |
|
|
2 |
Cost of sales |
2,345 |
|
2,452 |
|
413 |
|
410 |
|
|
|
Gross profit |
2,036 |
|
2,022 |
|
804 |
|
644 |
|
|
|
|
|
|
|
|
|
|
|
|
|
2 |
Research and development costs |
442 |
|
453 |
|
232 |
|
218 |
|
|
2 |
Sales and marketing expenses |
765 |
|
757 |
|
358 |
|
324 |
|
|
2 |
Administrative expenses |
425 |
|
429 |
|
166 |
|
153 |
|
|
|
Other operating income |
17 |
|
6 |
|
1 |
|
- |
|
|
2 |
Other operating expenses |
9 |
|
4 |
|
- |
|
4 |
|
|
|
Operating
profit/(loss) before goodwill amortization etc. |
412 |
|
385 |
|
49 |
|
(55) |
|
|
|
|
|
|
|
|
|
|
|
|
|
2 |
Settlement of share options |
46 |
|
- |
|
46 |
|
- |
|
|
2 |
Amortization of goodwill |
59 |
|
65 |
|
3 |
|
3 |
|
|
|
Operating profit/(loss) |
307 |
|
320 |
|
- |
|
(58) |
|
|
|
|
|
|
|
|
|
|
|
|
| 2- |
3 |
Gain before tax on divestment |
4,206 |
|
- |
|
- |
|
- |
|
|
5 |
Interest income and
other financial income |
39 |
|
10 |
|
15 |
|
2 |
|
|
6 |
Interest expenses
and other financial expenses |
157 |
|
128 |
|
83 |
|
49 |
|
|
|
Profit/(loss)
from ordinary activities before tax |
4,395 |
|
202 |
|
(68) |
|
(105) |
|
|
|
|
|
|
|
|
|
|
|
|
|
7 |
Tax on profit from
ordinary activities |
75 |
|
94 |
|
2 |
|
(26) |
|
|
|
Profit/(loss)
from ordinary activities after tax |
4,320 |
|
108 |
|
(70) |
|
(79) |
|
|
|
|
|
|
|
|
|
|
|
|
|
8 |
Extraordinary income after tax |
14 |
|
- |
|
- |
|
- |
|
|
|
Profit/(loss)
for the year including minority interests |
4,334 |
|
108 |
|
(70) |
|
(79) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Minority
shareholders’ share of the profit/(loss) |
46 |
|
32 |
|
39 |
|
28 |
|
|
|
Net profit/(loss)
for the year |
4,288 |
|
76 |
|
(109) |
|
(107) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Chr.
Hansen Holding A/S |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Note |
DKKm |
2004/05 |
|
2003/04 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1 |
Revenue |
- |
|
- |
|
|
|
|
|
|
2 |
Cost of sales |
- |
|
- |
|
|
|
|
|
|
|
Gross profit |
- |
|
- |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2 |
Research and
development costs |
- |
|
- |
|
|
|
|
|
|
2 |
Sales and marketing
expenses |
- |
|
- |
|
|
|
|
|
|
2 |
Administrative expenses |
30 |
|
27 |
|
|
|
|
|
|
|
Other operating income |
64 |
|
65 |
|
|
|
|
|
|
2 |
Other operating
expenses |
26 |
|
29 |
|
|
|
|
|
|
|
Operating profit
before goodwill amortization etc. |
8 |
|
9 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2 |
Amortization of
goodwill |
- |
|
- |
|
|
|
|
|
|
|
Operating profit |
8 |
|
9 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| 2- |
3 |
Gain before tax on
divestment |
4,206 |
|
- |
|
|
|
|
|
|
4 |
Profit/(loss)
before tax from subsidiaries |
141 |
|
159 |
|
|
|
|
|
|
5 |
Interest
income and other financial income |
42 |
|
29 |
|
|
|
|
|
|
6 |
Interest
expenses and other financial expenses |
77 |
|
49 |
|
|
|
|
|
|
|
Profit/(loss)
from ordinary activities before tax |
4,320 |
|
148 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
7 |
Tax on
profit from ordinary activities |
46 |
|
72 |
|
|
|
|
|
|
|
Profit/(loss)
from ordinary activities after tax |
4,274 |
|
76 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
8 |
Extraordinary
income after tax |
14 |
|
- |
|
|
|
|
|
|
|
Net profit/(loss)
for the year |
4,288 |
|
76 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Earnings per
share (EPS) - DKK |
423.4 |
|
7.5 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net
profit for the year is proposed to be distributed as follows: |
|
|
|
|
|
|
|
|
|
|
Interim
dividend paid-out on October 19, 2005 |
4,000 |
|
- |
|
|
|
|
|
|
|
Ordinary
dividend to shareholders, 50% of share capitalat August 31, 2005 = DKK 5.00
per share |
50 |
|
20 |
|
|
|
|
|
|
|
Reserve
for net revaluation according to the equity method |
- |
|
65 |
|
|
|
|
|
|
|
Transfer to other
reserves |
238 |
|
(9) |
|
|
|
|
|
|
|
|
4,288 |
|
76 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|