Today, Wavin - Jaarverslag.com

Wavin Annual Report 2010 | page 73FinancialstatementsConsolidated balance sheet 74Consolidated income statement 75Consolidated statement of comprehensive income 76Consolidated statement of changes in equity 77Consolidated statement of cash flows 78Notes to the Group Financial Statements 791. General information 792. Basis of preparation 793. Signifi cant accounting policies 804. Financial risk management 925. Segment reporting 986. Assets held-for-sale 1027. Acquisitions of subsidiaries 1028. Revenue 1039. Other operating income 10310. Other operating expenses 10311. Personnel expenses 10412. Personnel employed 10413. Finance income and expense 10414. Non-recurring income and expense 10515. Income tax expense 10616. Earnings per share 10717. Property, plant & equipment 10918. Intangible assets 11119. Investments in associates 11420. Other fi nancial (non-current and current) assets 11421. Deferred tax assets and liabilities 11522. Inventories 11623. Trade and other receivables 11724. Cash and cash equivalents 11725. Equity 11726. Interest-bearing loans and borrowings 11827. Employee benefi ts 12028. Share-based payments 12329. Provisions 12530. Other non-current liabilities 12631. Trade and other payables 12632. Operating leases 12733. Capital commitments 12734. Contingent liabilities 12735. Related parties 12736. Transactions with key management and remuneration 12837. Group companies 12838. Subsequent events 128Company balance sheet 129Company income statement 129Notes to the Company Financial StatementsA. General 130B. Intangible assets 130C. Investments in subsidiaries 131D. Deferred tax assets and liabilities 131E. Cash and cash equivalents 131F. Shareholders’ equity 132G. Interest-bearing loans and borrowings 136H. Other non-current liabilities 136I. Net income from subsidiaries and associates 136J. Contingent liabilities 136K. Remuneration of the Management Boardand Supervisory Board 136L. Shares held by the Management Boardand Supervisory Board 138M. Auditors remuneration 139