Quarterly Financial Statement as at 30 September 2001 ... - Euroland

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Profit & loss account DKK million Quarterly Financial Statement 1.11.2001 HIGHLIGHTS AND KEY FIGURES for the period 1 January – 30 September 2001 (Unaudited) 2000 9 months 2001 9 months Δ % Carlsberg A/S Q3 Report 2001 Page 2 of 9 2000 3Q 2001 3Q Δ % Turnover 28,890 35,052 +21 9,524 12,923 + 36 Net turnover 21,379 25,954 +21 7,006 9,628 +37 Operating profit 1,784 2,769 +55 800 1,450 +81 Special items 438 0 10 0 - Profit before financials 2,222 2,769 +25 810 1,450 +79 Financials, net -163 62 - -67 -181 - Profit before tax 2,059 2,831 +37 743 1,269 +71 Group profit 1,526 2,111 +38 580 992 +71 Profit, Carlsberg A/S’ share 1,481 1,192 -20 509 585 +15 Balance sheet DKK million 31.12.00 30.09.01 Δ % Fixed assets 20,695 24,798 +20 Current assets 14,296 14,726 +3 - cash at bank and in hand 2,900 2,238 -23 Group equity 10,631 12,504 +18 Provisions 3,131 3,622 +16 Long term liabilities 6,009 5,573 -7 Current liabilities 15,220 17,825 +17 Balance sheet total 34,991 39,524 +13 Net interest-bearing debt 10,309 10,910 +6
Movements in Group equity Group equity as at 31.12.00 10,631 Group profit 2,111 Influx of Orkla’s beverage activities, incl. minority 1,595 Dissolution of Coca-Cola Nordic Beverages (CCNB) incl. disposal minority -345 Currency translation adjustments, etc. -309 Write-off of Group goodwill -1,179 Group equity as at 30.09.01 12,504 Minority interests as at 30.09.01 4,379 Carlsberg A/S' share of equity as at 30.09.01 8,125 The minority interests’ share of the equity amounted to DKK 4,379m against DKK 1,651m as at 31.12.00. The increase is primarily related to Orkla's 40% ownership of Carlsberg Breweries A/S. The accounting policies applied remain unchanged from the annual accounts for 1999/00 although minor reclassifications have been made due to, inter alia, the inclusion of Orkla’s beverage activities as at 1 January 2001. For comparison with last year, please note the changes in the Group‘s structure, including the addition of Orkla’s beverage activities and the changes in the cola business in the Nordic countries. Carlsberg's Asian activities are not yet included in Carlsberg Asia Holding Ltd. due to legal matters and pending authority approvals, and the results included in the accounts are therefore based on Carlsberg’s legal structure in Asia prior to the establishment (as in 2000). As soon as Carlsberg's companies/activities as well as the joint venture partner's Thai company are included in Carlsberg Asia Holding Ltd, the accounts will reflect this new legal structure as of January 2002. Comments on developments in the past period Profit & Loss Account Compared to last year, the period witnessed a 16% and 31% increase in the Carlsberg Group’s sale of beer and soft drinks. Net turnover amounts to DKK 25,954m against DKK 21,379m in the same period last year (+21%). Most of the increase is due to Eastern Europe and the acquisition of Feldschlösschen and Türk Tuborg. Quarterly Financial Statement 1.11.2001 Carlsberg A/S Q3 Report 2001 Page 3 of 9
Page 1: Quarterly Financial Statement 1.11.
Page 5 and 6: Regions Below please find the three
Page 7 and 8: Operating profit rose by DKK 84m to
Page 9: Appendix: Quarterly Financial State

Quarterly Financial Statement as at 30 September 2001 ... - Euroland

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