English - DFDS

82 NOTEs
DFDS annual report 2009
Parent Company
DKK ‘000
Consolidated
DKK ‘000
2007 2008 2009 Note 14 Investments in associates 2007 2008 2009
7,333 7,333 7,333 Balance at 1 January 8,770 9,125 8,429
- - - Foreign exchange adjustment 42 -310 169
- - - Addition 313 0 0
- - - Disposal 0 -386 -159
- - -7,110 Transferred to other types of assets 0 0 -7,110
7,333 7,333 223 Cost at 31 December 9,125 8,429 1,329
- - - Value adjustments at 1 January 1,455 2,266 3,738
- - - Foreign exchange adjustment 50 -796 566
- - - Disposal 0 92 28
- - - Share of profit for the year 3,264 4,478 1,412
- - - Dividends from associates -2,503 -2,302 -1,350
- - - Transferred to other types of assets 0 0 -940
- - - Value adjustments at 31 December 2,266 3,738 3,454
7,333 7,333 223 Carrying amount at 31 December 11,391 12,167 4,783
The Group’s share
DKK ‘000
DOMICILE OWNERSHIP REVENUE
PROFIT FOR
THE YEAR
TOTAL
ASSETS
TOTAL
LIABILITIES
EQUITY
PROFIT FOR
THE YEAR
2007
Suardiaz DFDS Autologistics NV Gent 50.0 % 1 0 -16 439 9 215 -8
ICT Holding A/S Vejle 19.9 % 4 210,000 4,417 29,906 9,526 6,916 879
UAB Krantas Forwarding Klaipeda 50.0 % 2,123 183 736 164 286 92
Moss Containerterminal AS Moss 50.0 % 16,807 -285 2,892 2,221 336 -143
Oslo Containerterminal AS Oslo 33.3 % 67,209 5,718 16,874 8,754 2,705 1,905
Seafront Projects AS Kristiansand 34.0 % 74,544 1,584 17,759 15,248 854 539
DFDS Suardiaz Line Ltd. Immingham 50.0 % 229,726 -10,982 58,568 73,229 -7,329 -5,490
SCF Lines Ltd. Sankt Petersburg 40.0 % 3,624 0 1,137 940 79 0
4,062 -2,226
Of which investments in associates with negative value 7,329 5,490
11,391 3,264
2008
Suardiaz DFDS Autologistics NV Gent 50.0 % 1 0 -16 439 25 207 -8
ICT Holding A/S Vejle 19.9 % 4 275,000 11,698 38,561 10,702 8,050 2,328
UAB Krantas Forwarding Klaipeda 50.0 % 1,689 -43 274 67 104 -22
Moss Containerterminal AS Moss 50.0 % 2 0 58 0 0 0 29
Oslo Containerterminal AS Oslo 33.3 % 39,356 3,617 15,396 8,641 2,249 1,206
Seafront Projects AS Kristiansand 34.0 % 127,288 2,779 20,444 16,098 1,478 945
DFDS Suardiaz Line Ltd. Immingham 50.0 % 172,748 -22,769 30,288 61,121 -15,416 -11,384
SCF Lines Ltd. Sankt Petersburg 50.0 % 3,624 0 1,098 940 79 0
-3,249 -6,906
Of which investments in associates with negative value 15,416 11,384
12,167 4,478
2009
Suardiaz DFDS Autologistics NV Gent 50.0 % 1 0 -16 398 0 199 -8
UAB Krantas Forwarding Klaipeda 50.0 % 3 421 68 0 0 0 34
Oslo Containerterminal AS Oslo 33.3 % 33,192 1,885 16,471 9,209 2,421 628
Seafront Projects AS Kristiansand 34.0 % 103,737 2,217 15,649 9,531 2,080 754
DFDS Suardiaz Line Ltd. Immingham 50.0 % 153,684 -3,238 20,229 67,885 -23,828 -1,619
SCF Lines Ltd. Sankt Petersburg 50.0 % 0 8 166 0 83 4
-19,045 -207
Of which investments in associates with negative value 23,828 1,619
4,783 1,412
1) Owned by the Parent Company.
2) Moss Containerterminal AS was an associate up to 31 March 2008 where the rest of the company was acquired. In this table the result for the period 1 January 2008
up to 31 March 2008 is stated.
3) UAB Krantas Forwarding was an associate up to 24 July 2009 where the company was sold.
4) ICT Holding A/S has been transferred to securities because of the reduced number of directorships.