ANNUAL REPORT 2011 A.S. CRÉATION TAPETEN AG

More documents

Recommendations

Info

A.S. CRÉATION: KEY FIGURES 2007 2008 2009 2010 2011 Sales ¤ '000 167,633 176,216 181,325 184,603 192,262 Earnings before interest and taxes (EBIT) ¤ '000 15,005 13,502 13,428 14,318 9,587 Earnings before income taxes ¤ '000 14,562 12,856 10,834 12,352 7,325 Net profit ¤ '000 9,982 8,925 7,499 8,395 4,650 Cash-flow ¤ '000 17,926 18,058 17,568 19,027 14,338 Capital expenditures ¤ '000 11,232 23,893 5,771 6,826 19,667 Depreciation ¤ '000 8,397 8,215 9,864 10,504 9,933 Non-current assets ¤ '000 54,007 73,247 68,866 64,460 67,763 Shareholders' equity ¤ '000 76,901 80,288 83,774 88,789 89,553 Non-current liabilities ¤ '000 27,922 54,336 51,688 39,689 43,436 Total assets ¤ '000 124,557 171,730 161,835 161,625 157,327 Earnings per share ¤ /share 3.59 3.22 2.72 3.05 1.69 Dividend ¤ /share 1.60 1.40 1.20 1.35 0.75 Number of employees (average) 675 719 787 772 796
Foreword 8 Managing Board and Supervisory Board 12 Highlights 2011 13 Report of the Supervisory Board 14 Corporate Governance Statement and Report on Corporate Governance 19 Group Management Report 31 The share and our shareholders 62 Consolidated financial statements according to IFRS 73 Profit Appropriation Proposal 117 Corporate Calendar 121 This English translation of the annual report 2011 is merely a convenience translation. The German version is the prevailing one. TABLE OF CONTENT
Page 1: ANNUAL REPORT 2011 A.S. CRÉATION T
Page 5 and 6: account, however, the A.S. Créatio
Page 7 and 8: higher sales also in the Eastern Eu
Page 9 and 10: January February April May November
Page 11 and 12: Board has transferred decision-maki
Page 13 and 14: • discussion about the recommenda
Page 15 and 16: CORPORATE GOVERNANCE STATEMENT AND
Page 17 and 18: Declaration of conformity pursuant
Page 19 and 20: to the Supervisory Board in writing
Page 21 and 22: Accounting and audit The consolidat
Page 23 and 24: Introduction The A.S. Création Gro
Page 25 and 26: possible. On the other hand, there
Page 27 and 28: homing or cocooning, which they see
Page 29 and 30: evenues generated by A.S. Création
Page 31 and 32: the fiscal year is due to the revis
Page 33 and 34: dards by an independent auditor on
Page 35 and 36: with effect from March 1, 2011. In
Page 37 and 38: Cash-flow in € m 17.6 19.0 2009 2
Page 39 and 40: production facility in Russia, the
Page 41 and 42: from the performance-oriented syste
Page 43 and 44: up to € 4,500,000 through the iss
Page 45 and 46: or its Audit Committee for the audi
Page 47 and 48: product for PVC, which would result
Page 49 and 50: with supplies to joint customers. A
Page 51 and 52: 5% are projected for Russia’s GDP
Page 53 and 54:
start-up losses incurred in Russia
Page 55 and 56:
Political stock markets weigh on sh
Page 57 and 58:
light of this fact, the Managing Bo
Page 59 and 60:
Shareholder Structure Free float 41
Page 61 and 62:
CONSOLIDATED FINANCIAL STATEMENTS A
Page 63 and 64:
Equity and Liabilities Notes 31.12.
Page 65 and 66:
A.S. Création Tapeten AG, Gummersb
Page 67 and 68:
A.S. Création Tapeten AG, Gummersb
Page 69 and 70:
of domestic and foreign companies i
Page 71 and 72:
In accordance with IAS 21, foreign
Page 73 and 74:
attributable cost but also the fact
Page 75 and 76:
conditions, shorter useful lives re
Page 77 and 78:
(2) Intangible fixed assets The tab
Page 79 and 80:
(5) Other assets A breakdown of oth
Page 81 and 82:
(8) Inventories Inventories compris
Page 83 and 84:
As in the previous year, capital re
Page 85 and 86:
(13) Other liabilities The breakdow
Page 87 and 88:
The table below shows the changes i
Page 89 and 90:
administrative offence proceedings.
Page 91 and 92:
(21) Depreciation A breakdown of de
Page 93 and 94:
Complementary information (26) Cash
Page 95 and 96:
The table below shows a breakdown o
Page 97 and 98:
(31) Additional disclosures on fina
Page 99 and 100:
(34) Supervisory Board In FY 2011,
Page 101 and 102:
on its website. The declaration of
Page 103 and 104:
In our opinion, based on the findin
Page 105 and 106:
PROFIT APPROPRIATION PROPOSAL Balan
Page 107 and 108:
Equity and Liabilities 31.12.2011 3
Page 109 and 110:
March 22, 2012 Analyst presentation
Page 111:
Cover photo: A fascinating microcos
show all

ANNUAL REPORT 2011 A.S. CRÉATION TAPETEN AG

Create successful ePaper yourself

Delete template?

Save as template?