100 % FUTURE - ALNO

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20 ALNO BRANDS 1OO % ALNO AG ALNO COMBINES FOUR PROMINENT AND INDEPENDENT BRANDS UNDER ONE ROOF. EACH OF THEM SUCCESSFULLY ADDRESSES VERY DIFFERENT CUSTOM- ERS. KITCHENS FOR ALL AGE GROUPS AND UNUSUAL IDEAS – TOGETHER, THEY CREATE 100 % ALNO.
21 ALNO ALNO is the Group‘s premium brand. It has stood for the highest quality, excellent design, and outstanding service for more than 80 years. Tailored designs are offered in all areas. Our customers value outstanding craftsmanship, and a kitchen that corresponds exactly with their wishes. wellmann WELLMANN represents variety and innovation within the Group. These kitchens are distinguished by loving, and sometimes also extravagant design, as well as a host of high-quality details. The most recent example is the ESPRIT Home Kitchen design produced by WELLMANN. This brand addresses customers in the mid price segment. IMPULS IMPULS is the brand for kitchens in the low to medium price segment. It stands for modern furnishings featuring individual designs at attractive prices. IMPULS offers a rapid delivery service providing customers with complete kitchens within ten days. PINO PINO is the ALNO Group‘s entry-level brand. It offers a fresh, modern and uncomplicated product range. PINO is primarily addressed to younger people for whom modernity and value for money are important. PINO kitchens are also distinguished by strong and fresh trend colors.
Page 1 and 2: 100 % FUTURE 2010 ANNUAL REPORT
Page 3 and 4: GROUP FINANCIAL FIGURES YEAR-ON-YEA
Page 5: 3 100 % FUTURE — 2010 Annual Repo
Page 8 and 9: 6 HISTORY 1960 1969 1927 1957 1958
Page 10 and 11: 8 THE MANAGING BOARD The Managing B
Page 12 and 13: 10 KEY ISSUES DISCUSSED IN PLENARY
Page 14 and 15: 12 statements. Having concluded its
Page 16 and 17: 14 THE ALNO SHARE ALNO (FRANKFURT)
Page 18 and 19: 16 accrued to ALNO AG as a conseque
Page 21: 19 1OO % FUTURE 20 ALNO brands 22 S
Page 25 and 26: 23 100 % Design - We embody a passi
Page 29 and 30: 27 WHAT EVERYONE DREAMS OF Try and
Page 31 and 32: 29 SE 100 % Lifestyle - Into the fu
Page 35 and 36: 33 WE SHARE THE SAME VISION OF PEOP
Page 37 and 38: 35 100 % Synergy - We have already
Page 39 and 40: 37 WE HAVE TAKEN THE FIRST step tow
Page 41: 39 1OO PERCENT EFFICIENCY ESPRIT- H
Page 44 and 45: 42 GROUP MANAGEMENT REPORT OF ALNO
Page 46 and 47: 44 II. GROUP STEERING The Group is
Page 48 and 49: 46 IV. MARKET AND COMPETITIVE ENVIR
Page 50 and 51: 48 V. PRODUCTS AND PRODUCTION The A
Page 52 and 53: 50 A study that ALNO AG mandated in
Page 54 and 55: 52 VIII. TARGETS AND STRATEGY The p
Page 56 and 57: 54 IX. FINANCIAL POSITION AND RESUL
Page 58 and 59: 56 Amortization of intangible asset
Page 60 and 61: 58 Revenue volumes for ALNO AG fell
Page 62 and 63: 60 the period under review with the
Page 64 and 65: 62 There was a significant, EUR 19.
Page 66 and 67: 64 B. REPORT ON EVENTS AFTER THE BA
Page 68 and 69: 66 Production of ESPRIT home kitche
Page 70 and 71: 68 c. REPORT ON OPPORTUNITIES AND R
Page 72 and 73:
70 Exchange rate risks Currency exc
Page 74 and 75:
72 invoicing process to be fully au
Page 76 and 77:
74 d. OTHER INFORMATION I. CORPORAT
Page 78 and 79:
76 RELEVANT INFORMATION ON CORPORAT
Page 80 and 81:
78 THE PRESIDENTIAL COMMITTEE CONSI
Page 82 and 83:
80 DIRECT OR INDIRECT INTERESTS IN
Page 84 and 85:
82 III. KEY CHARACTERISTICS OF THE
Page 87 and 88:
85 CONSOLIDATED FINANCIAL STATEMENT
Page 89 and 90:
87 CONSOLIDATED STATEMENT OF COMPRE
Page 91 and 92:
89 CONSOLIDATED CASH FLOW STATEMENT
Page 93 and 94:
91 NOTES TO THE CONSOLIDATED FINANC
Page 95 and 96:
93 2. AMENDMENTS TO ACCOUNTING METH
Page 97 and 98:
95 • Improvements to IFRSs 2010:
Page 99 and 100:
97 • IFRS 13 - Fair Value Measure
Page 101 and 102:
99 Exchange rate gains and losses a
Page 103 and 104:
101 Property, plant and equipment P
Page 105 and 106:
103 Overview of the cash generating
Page 107 and 108:
105 Securities and participating in
Page 109 and 110:
107 5. KEY DISCRETIONARY DECISIONS,
Page 111 and 112:
109 4. COST OF MATERIALS In EUR tho
Page 113 and 114:
111 8. AMORTIZATION OF INTANGIBLE A
Page 115 and 116:
113 Deferred taxes comprise the fol
Page 117 and 118:
115 D. NOTES TO THE CONSOLIDATED BA
Page 119 and 120:
117 3. FINANCIAL ASSETS As of Decem
Page 121 and 122:
119 8. OTHER CURRENT ASSETS In EUR
Page 123 and 124:
121 On April 10, 2007, Küchen Hold
Page 125 and 126:
123 ABAG Aktienmarkt Beteiligungs A
Page 127 and 128:
125 According to the wording of the
Page 129 and 130:
127 c. Accumulated other comprehens
Page 131 and 132:
129 Apart from the interest expense
Page 133 and 134:
131 13. SHAREHOLDER LOANS During th
Page 135 and 136:
133 E. DISCONTINUED OPERATIONS In f
Page 137 and 138:
135 2009 By segment in EUR thousand
Page 139 and 140:
137 H. MANAGEMENT OF FINANCIAL RISK
Page 141 and 142:
139 Kitchens manufactured by the AL
Page 143 and 144:
141 Aggregated by measurement categ
Page 145 and 146:
143 J. RELATED PARTIES Insofar as t
Page 147 and 148:
145 Further mandates exercised by S
Page 149 and 150:
147 (previous year: EUR 209 thousan
Page 151 and 152:
149 The item relating to auditing s
Page 153 and 154:
151 to be nominated by Küchen Hold
Page 155 and 156:
153 P. DECLARATION OF CONFORMITY PU
Page 157 and 158:
155 Without qualifying this opinion
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100 % FUTURE - ALNO

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