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108 DFDS Group entities DFDS annual report 2009 Note 42 DFDS Group entities Company Ownership share 2007* Ownership share 2008* Ownership share 2009* COUNTRY CITY CURRENCY SHARE CAPITAL DFDS Tor Line N.V. Belgium Gent EUR 62,000 Halléns N.V. 66.0 80.0 100.0 Belgium Gent EUR 300,000 Aukse Multipurpose Shipping Ltd. 92.6 95.8 96.0 Cyprus Limassol CYP 1,709 Lisco Optima Shipping Ltd. 92.6 95.8 96.0 Cyprus Limassol CYP 1,709 Rasa Multipurpose Shipping Ltd. 92.6 95.8 96.0 Cyprus Limassol CYP 1,709 Tor Botnia Shipping Ltd. 96.0 Cypern Limassol EUR 1,000 Tor Finlandia Shipping Ltd. 96.0 Cypern Limassol EUR 1,000 Lisco Maxima Shipping Ltd. 96.0 Cypern Limassol EUR 1,000 DFDS A/S Denmark Copenhagen DKK 800,000,000 DFDS Canal Tours A/S Denmark Copenhagen DKK 1,000,000 DFDS Stevedoring A/S Denmark Esbjerg DKK 502,000 DFDS Seaways Ltd. England Harwich GBP 8,050,000 DFDS Tor Line Plc. England Immingham GBP 25,500,000 SpeedCargo Ltd. England Bradford GBP 150,000 Halléns OY 66.0 80.0 100.0 Finland Hamina EUR 59,000 Halléns France SA 66.0 80.0 100.0 France Paris EUR 7,000 DFDS Containerline B.V. Holland Rotterdam EUR 18,151 DFDS Seaways B.V. Holland IJmuiden EUR 18,000 DFDS Tor Line B.V. Holland Rotterdam EUR 23,000 LHT Transport B.V. Holland Rotterdam EUR 21,000 Transport Partners Intermodal Ltd. Ireland Dublin EUR 200 DFDS Italia SRL Italy Genova EUR 77,000 DFDS Tor Line SIA Latvia Riga LVL 10,000 AB Lisco Baltic Service 92.6 95.8 96.0 Lithuania Klaipeda LTL 332,547,434 Laivyno Technikos Prieziuros Base 92.6 95.8 96.0 Lithuania Klaipeda LTL 3,300,000 UAB Aura Shipping 92.6 95.8 96.0 Lithuania Klaipeda LTL 81,000 UAB Krantas Travel 92.6 95.8 96.0 Lithuania Klaipeda LTL 400,000 UAB LISCO SL 92.6 95.8 96.0 Lithuania Klaipeda LTL 100,000 DFDS Lys Line Rederi AS Norway Oslo NOK 24,990,000 DFDS Lys-Line AS Norway Lilleaker NOK 1,000,000 DFDS Seaways AS Norway Oslo NOK 12,000,000 KST Terminal AS Norway Kristiansand NOK 100,000 Moss Container Terminal AS 50.0 100.0 100.0 Norway Moss NOK 1,000,000 NorthSea Terminal AS 66.0 66.0 66.0 Norway Oslo NOK 1,000,000 OOO DFDS LISCO Russia Kaliningrad RUR 10,000 DFDS Tor Line AB Sweden Gothenburg SEK 25,000,000 SpeedCargo AB Sweden Gothenburg SEK 1,100,000 DFDS (Deutschland) GmbH Germany Hamburg EUR 102,000 DFDS Tor Line GmbH Germany Cuxhaven EUR 25,000 Lisco Baltic Service GmbH 92.6 95.8 96.0 Germany Kiel EUR 26,000 SpeedCargo GmbH Germany Hamborg EUR 25,000 24 inactive and holding companies * Unless otherwise indicated, the companies are 100% owned.
DFDS annual report 2009 StatementS 109 Statement by the Executive and Supervisory Boards The Executive and Supervisory Boards have today discussed and approved the annual report of DFDS A/S for the financial year 1 January - 31 December 2009. The annual report has been prepared in accordance with International Financial Reporting Standards as adopted by the EU and additional Danish disclosure requirements in the Danish Financial Statements Act. It is our opinion that the consolidated financial statements and parent company financial statements give a true and fair view of the Group’s and the parent company’s financial position at 31 December 2009 and of the results of the Group’s and the parent company’s operations and cash flows for the financial year 1 January - 31 December 2009. Further, in our opinion, the Management’s review gives a fair review of the development in the Group’s and the parent company’s operations and financial matters, the results of the Group’s and the parent company’s operations and financial position and describes the material risks and uncertainties affecting the Group and the parent company. We recommend that the annual report be approved at the annual general meeting. Copenhagen, den 9 March 2010 Executive BOard board of directors Niels Smedegaard Managing Director Torben Carlsen CFO Bent Østergaard Chairman Vagn Sørensen Deputy Chairman Claus Arnhild* Michael Helbo* Jill Lauritzen Melby Anders Moberg Thomas Mørk* Ingar Skaug Lene Skole * Board member elected by the employees Independent auditors’ report To the shareholders of DFDS A/S We have audited the consolidated financial statements and the parent company financial statements of DFDS A/S for the financial year 1 January - 31 December 209, pp. 55-108. The consolidated financial statements and the parent company financial statements comprise income statement, statement of comprehensive income, balance sheet, statement of changes in equity, cash flow statement and notes for the Group as well as for the parent company. The consolidated financial statements and the parent company financial statements have been prepared in accordance with International Financial Reporting Standards as adopted by the EU and additional Danish disclosure requirements for listed financial institutions. In addition to our audit, we have read the Management’s review prepared in accordance with Danish disclosure requirements for listed financial institutions and issued a statement in this regard. Management’s responsibility Management is responsible for the preparation and fair presentation of the consolidated financial statements and parent company financial statements in accordance with International Financial Reporting Standards as adopted by the EU and additional Danish disclosure requirements for listed financial institutions. This responsibility includes: designing, implementing and maintaining internal control relevant to the preparation and fair presentation of consolidated financial statements and parent company financial statements that are free from material misstatement, whether due to fraud or error; selecting and applying appropriate accounting policies; and making accounting estimates that are reasonable in the circumstances. Further, it is the responsibility of Management to prepare a Management’s review that gives a fair review in accordance with Danish disclosure requirements for listed financial institutions. Auditors’ responsibility and basis of opinion Our responsibility is to express an opinion on the consolidated financial statements and parent company financial statements based on our audit. We conducted our audit in accordance with Danish Standards on Auditing. Those standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance whether the consolidated financial statements and the parent company financial statements are free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the consolidated financial statements and the parent company financial statements. The procedures selected depend on the auditors’ judgement, including the assessment of the risks of material misstatement of the consolidated financial statements and the parent company financial statements, whether due to fraud or error. In making those risk assessments, the auditors consider internal control relevant to the Company’s preparation and fair presentation of the consolidated financial statements and the parent company financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Company’s internal control. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of accounting estimates made by Management, as well as evaluating the overall presentation of the consolidated financial statements and the parent company financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion. Our audit did not result in any qualification. Opinion In our opinion, the consolidated financial statements and the parent company financial statements give a true and fair view of the Group’s and the parent company’s financial position at 31 December 2009 and of the results of the Group’s and the parent company’s operations and cash flows for the financial year 1 January - 31 December 2009 in accordance with International Financial Reporting Standards as adopted by the EU and additional Danish disclosure requirements for listed financial institutions. Statement on the Management’s review Pursuant to the Danish Financial Statements Act, we have read the Management’s review. We have not performed any other procedures in addition to the audit of the consolidated financial statements and the parent company financial statements. On this basis, it is our opinion that the information given in the Management’s review is consistent with the consolidated financial statements and the parent company financial statements. Copenhagen, 9 March 2010 KPMG Statsautoriseret Revisionspartnerselskab Kurt Gimsing State Authorised Public Accountant Torben Bender State Authorised Public Accountant
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