SwissInfo

CONSOLIDATED FINANCIALSTATEMENTS
BarryCallebaut
Annual Report2010/11
The fair value of hedged firm commitments is outlined in the table “Hedged firm commitments”
below.The balance of these items at balance sheet date is presented under “Trade
receivables and other current assets” (see note 12) and “Trade payables and other current
liabilities” (see note 21), respectively. Firm sales commitments for chocolate sales are no
longer fair valued in the current fiscal year due to the changes discussed in section “Changes
in accounting policies” before.
Hedged firm commitments
as of August 31, 2011 2010
in thousands of CHF Assets Liabilities Assets Liabilities
Commodity price risk
(cocoa and other ingredients) – sales contracts – – 91,406 41,174
Foreign exchangerisk – 726 3,151 7,245 581
sales and purchase contracts
Total fair value of hedged firm commitments 726 3,151 98,651 41,755
Other – no hedgeaccounting
This position contains the fair values of derivative financial instruments of the Group’s
purchasing and sourcing center and the Group’s Treasury center, which are not designated
for hedge accounting.
15 Property,plantand equipment
2010/11
Land and
buildings
Plant and
machinery
Office
equipment,
furniture
and motor
vehicles
Under
construction
Total
in thousands of CHF
At cost
as of August 31, 2010 531,367 1,321,734 133,168 62,344 2,048,613
ChangeinGroup structure – acquisitions 6,923 4,420 – – 11,343
Additions 8,743 64,102 5,253 35,213 113,311
Disposals (163) (23,014) (1,891) (214) (25,282)
Currency translation adjustments (63,596) (172,154) (14,946) (8,687) (259,383)
Reclassifications from under construction 2,536 34,566 2,531 (39,633) –
Reclassified to assets held forsale (172,035) (225,566) (44,691) (1,643) (443,935)
Other reclassifications – 56 (56) (629) (629)
as of August 31, 2011 313,775 1,004,144 79,368 46,751 1,444,038
Accumulated depreciation and impairmentlosses
as of August 31, 2010 277,694 830,074 109,979 – 1,217,747
Depreciation charge 12,637 50,349 7,059 – 70,045
Impairmentlosses 384 1,153 – 436 1,973
Disposals (131) (18,972) (1,328) – (20,431)
Currency translation adjustments (30,188) (96,691) (11,879) – (138,758)
Reclassified to assets held forsale (116,694) (184,271) (40,983) (436) (342,384)
Other reclassifications – 12 (12) – –
as of August 31, 2011 143,702 581,654 62,836 – 788,192
Net as of August 31, 2011 170,073 422,490 16,532 46,751 655,846
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