2009 - Jaarverslag

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NOTES TO THE CONSOLIDATED BALANCE SHEET43 TRADE DEBTORS 2009 2008Due from third parties 94.1 154.2Due from associated companies 6.6 –Due from other participating interests – 13.4Due from joint ventures 0.1 1.3Trade debtors 100.8 168.9Trade and other receivables with a term of less than one year are stated at amortised cost less impairments.Transfers to provisions for doubtful debts are included in the statement of comprehensive income under workcontracted out and other external costs.44 OTHER RECEIVABLES 2009 2008Receivable in respect of other taxes 2.1 3.3Derivatives at fair value 1.4 1.8Other receivables and prepayments 9.4 11.2Other receivables 12.9 16.3Amounts due in respect of other taxes receivable relate mainly to reclaimable VAT.As at 31 December 2009 the prepaid items amounted to € 3.8 million (as at 31 December 2008: € 5.0 million).45 CASH AND CASH EQUIVALENTS 2009 2008Bank balances 12.7 5.3Cash balances 0.1 0.1Cash and cash equivalents 12.8 5.4Cash loans, overdrafts – 14.7 – 19.4Cash in the cash flow statement – 1.9 – 14.0All amounts were freely available at the end of 2009 and 2008.46 TOTAL SHAREHOLDERS’ EQUITYA statement of changes in equity can be found on page 88.116Royal Ten Cate Annual Report 2009
46.1 Ordinary shares 2009 2008number x 1,000Outstanding as at 1 January 23,967 23,556Issue of shares – –Issued stock dividend 1,101 411Outstanding as at 31 December 25,068 23,967The authorised share capital amounts to € 200 million divided into 80 million ordinary shares of a par value of€ 2.50. The issued capital as at 31 December 2009 amounts to 25,067,580 ordinary shares of a par valueof € 2.50 (as at 31 December 2008: 23,966,901 ordinary shares of a par value of € 2.50).The holders of ordinary shares are entitled to dividend as approved periodically by the General Meetingof Shareholders. They are also entitled to cast one vote per share at meetings of the company.Issue of shares and limitation of pre-emptive rightThe general meeting of shareholders has granted the Executive Board the power to issue shares and to excludeor restrict the pre-emptive right for the period ending on 30 September 2010. The power to issue shares concerns10% of the issued share capital plus a further issue up to a maximum of 10% of the issued share capital in theevent that the issue takes place in the context of a merger or acquisition. The same applies to the power of theExecutive Board, with the approval of the Supervisory Board, to restrict or exclude the pre-emptive right.46.2 Repurchased ordinary shares 2009 2008number x 1,000Outstanding as at 1 January 527 556Exercise of options – – 25Issued in connection with share savings plan – 6 – 4Outstanding as at 31 December 521 527The aim of the repurchase of ordinary shares is to avoid the dilution of earnings per share by the granting ofoptions and the issue of shares as part of the share savings plan. No shares in the company were repurchasedin 2009 (2008: 0).Royal Ten Cate Annual Report 2009 117
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Royal Ten CateAnnual Report 2009Con
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COMMERCIAL OVERVIEWas at 1 January
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Annual Report 2009Royal Ten CatePro
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Financial highlights inmillions of
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Corporate technology3D weavingThe T
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Vision, mission, strategy and objec
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TenCate technology overviewEND-USER
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The TenCate shareLISTINGThe TenCate
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ConnectedTenCate is a producer of m
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Report of the Supervisory BoardANNU
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REPORT OF THE SUPERVISORY BOARD◾
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ADVANCED ARMOURIn Europe demand has
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The Boards (as at 1 January 2010)EX
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PROTECTIVE FABRICSIn 2009 TenCate P
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REPORT OF THE EXECUTIVE BOARDAnalys
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REPORT OF THE EXECUTIVE BOARDOPERAT
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REPORT OF THE EXECUTIVE BOARDPOST B
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PROTECTIVE FABRICSProtective clothi
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REPORT OF THE EXECUTIVE BOARD > Adv
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REPORT OF THE EXECUTIVE BOARD > Adv
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AEROSPACE COMPOSITESIn March 2009 A
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ADVANCED ARMOURPeace operations are
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GEOSYNTHETICSIn 2009 TenCate Geosyn
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REPORT OF THE EXECUTIVE BOARD > Geo
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innovative inkjet solutionsAs globa
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REPORT OF THE EXECUTIVE BOARD > Oth
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GEOSYNTHETICSTenCate GeoDetect ® i
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Corporate informationCORPORATE GOVE
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CORPORATE INFORMATIONSWOT ANALYSIST
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GRASSThe 100th Cruyff Court was ope
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CORPORATE INFORMATIONbodies, in par
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CORPORATE INFORMATIONWith regard to
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Page 72 and 73: CORPORATE INFORMATIONthe reduction
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Page 78 and 79: CORPORATE INFORMATIONSUSTAINABILITY
Page 80 and 81: SPACE COMPOSITESGalileo is the firs
Page 82 and 83: Corporate communicationIn October 2
Page 84 and 85: 24 Share capital 10125 Pension liab
Page 86 and 87: Consolidated statement of comprehen
Page 88 and 89: Consolidated balance sheetin millio
Page 90 and 91: Consolidated cash flow statementFor
Page 92 and 93: Consolidated statement of changes i
Page 94 and 95: Notes to the consolidated financial
Page 96 and 97: NOTES TO THE CONSOLIDATED FINANCIAL
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Page 110 and 111: NOTES TO THE STATEMENT OF COMPREHEN
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Page 132 and 133: OTHER INFORMATIONThe term of the fi
Page 134 and 135: OTHER INFORMATION51.3 Interest rate
Page 136 and 137: OTHER INFORMATION51.5 Hedge account
Page 138 and 139: OTHER INFORMATIONThe effect of a ge
Page 140 and 141: OTHER INFORMATION56.2 Directors’
Page 142 and 143: Company financial statements58 COMP
Page 144 and 145: NOTES TO THE COMPANY FINANCIAL STAT
Page 150 and 151: Other informationTo the General Mee
Page 152 and 153: OTHER INFORMATIONSUBSEQUENT EVENTSA
Page 154 and 155: Ten-year summaryIn millions of euro
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Page 158 and 159: OTHER ACTIVITIESNON-CONSOLIDATED CO
Page 160: Royal Ten Cateinvestor relations &
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2009 - Jaarverslag

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