Annual Report 2006 ISS Global A/S

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NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 1 January – 31 December. Amounts in DKK millions 2. Segment information (continued) Geographical (primary segment) 2005 France 8,005 United Kingdom 2,888 Norway 1,903 Denmark 2) 1,722 Netherlands 2,513 Sweden (excluding Health Care) 1,788 Finland 2,609 Spain 1,807 Belgium and Luxembourg 1,361 Germany 1,378 Switzerland 932 Austria 845 Asia 3) 931 Central and Eastern Europe 4) 454 Latin America 5) 316 Ireland 319 Israel 243 Australia 763 Turkey 197 Portugal 154 Greece 124 Italy 259 Iceland 102 Greenland 103 New Zealand Regional items, not allocated 42 to countries 3,148 Total continuing operations 34,906 Japan - Health Care - Discontinuing operations - Corporate functions/ eliminations 6) Segment Investments assets in assets 1) Investments in associates (3,124) Total 31,782 (129) (56) (44) (34) (8) (42) (48) (12) (13) (13) (25) (6) (31) (15) (10) (15) (7) (10) (4) (1) (4) (2) (3) (3) (1) - (536) (0) (3) (3) (3) (542) 3 - 45 - 4 - 1 - - 1 - - - - - - - 78 - - - - - - - - 132 - - Depreciation and amortisation 156 63 64 52 30 49 66 14 18 17 24 7 22 10 8 7 5 7 3 3 1 4 2 6 1 - 639 Goodwill impairment and writedown - - - - 10 73 - - - 93 2 - - - - - 5 - - - - 8 - - - - 191 0 - 6 - 1) Investment in intangible assets and property, plant and equipment, net. 2) Including the Faroe Islands. 3) Asia comprises Brunei, China, Hong Kong, India, Indonesia, Malaysia, Singapore, Sri Lanka and Thailand. Amortisation of brands and customer contracts 4) Central and Eastern Europe comprises the Czech Republic, Croatia, Estonia, Hungary, Poland, Romania, Russia, Slovenia and Slovakia. 5) Latin America comprises Argentina, Brazil, Chile and Uruguay. 6) Includes eliminations of intra-group balances and investments. - - 132 6 2 647 - - 191 27 18 11 6 8 8 32 33 7 13 5 5 5 1 2 10 2 2 2 1 1 1 - - - - 200 - 1 1 - 201 Number of Segment employees liabilities at year-end 6,350 2,422 1,515 844 1,710 1,657 1,715 1,616 926 685 682 963 505 218 175 220 83 518 67 250 106 169 18 56 31 920 24,421 - - - 5,169 29,590 40,168 38,015 9,528 12,424 21,024 10,156 12,488 20,664 10,921 13,982 7,393 7,477 50,043 15,258 17,394 2,950 5,891 860 5,953 4,058 1,490 590 694 291 1,042 - 310,754 - - - 91 310,845 Continues _____________________________________________________________________________________________________________ ANNUAL REPORT 2006 / Consolidated Financial Statements 56
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 1 January – 31 December. Amounts in DKK millions 2. Segment information (continued) The business segment is the secondary segment, and is based on the main service areas defined in ISS Global's strategy plan. As ISS Global does not fully allocate balances to the service areas within Facility Services, only revenue is disclosed for the different service areas within the business segment. Business (secondary segment) 2006 External revenue Cleaning Services 31,408 Office Support Services 4,687 Property Services 12,097 Catering Services 3,489 Integrated Facility Services 4,103 Continuing operations 55,784 2005 28,315 1,602 10,719 2,487 2,971 46,094 Japan - 49 Health Care - 310 Discontinued operations - 359 Total 55,784 3. Staff costs 2006 Wages and salaries 27,876 Pension costs, defined benefit plans 51 Pension costs, defined contribution plans 1,311 Social charges and other costs 7,045 Staff costs 36,283 Average number of employees 362,677 Remuneration to the Board of Directors and Key Management of the Group DKK thousands Board of Directors 1) Salaries and fees 1,356 Bonus - Pension - Severance payments 3) - Settlement of stock options - Total 1,356 2006 2005 Key Management 2) 29,118 23,494 449 27,875 - 80,936 Board of Directors 1,650 - - - - 1,650 46,453 2005 23,122 60 1,188 6,149 30,519 295,126 Key Management 2) 20,629 64,033 642 - 100,311 185,615 1) In 2006, no remuneration was paid to the current Board of Directors. Remuneration to the former Board of Directors was paid by ISS Management A/S. 2) In 2006, Key Management of the Group comprised former Executive Management Board of ISS Management A/S up until 31 August 2006 and the current Executive Group Management of ISS A/S for the remainder of 2006. The comparative figures for 2005 have been restated to reflect the comparative group of persons. The normalised annual remuneration to the current Executive Group Management of the Group is approximately DKK 23 million. 3) Included in Other income and expenses, net. _____________________________________________________________________________________________________________ ANNUAL REPORT 2006 / Consolidated Financial Statements 57
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ISS Global A/S Bredgade 30 DK - 126
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Key Figures Amounts in DKK millions
Page 5 and 6: growth. Furthermore, the effect of
Page 7 and 8: In 2006, ISS Global continued the p
Page 9 and 10: to costs related to a turnaround pl
Page 11 and 12: structure, ISS established an Opera
Page 13 and 14: Strategy ISS Global is a fully owne
Page 15 and 16: Geography ISS intends to increasing
Page 17 and 18: Openness and transparency In additi
Page 19 and 20: tors. The controllers perform follo
Page 21 and 22: Risk Factors ISS Global is a fully
Page 23 and 24: tual obligations could harm ISS’s
Page 25 and 26: If ISS fails to manage growth and i
Page 27 and 28: ISS may incur substantial liabiliti
Page 29 and 30: thus reduce or prevent dividend pay
Page 31 and 32: Independent Auditor’s Report To t
Page 33 and 34: Organic growth ISS Global uses esti
Page 35 and 36: 2006 primarily related to redundanc
Page 37 and 38: Tempo as well as a number of smalle
Page 39 and 40: including non-interest-bearing debt
Page 41 and 42: CONSOLIDATED CASH FLOW STATEMENT 1
Page 43 and 44: CONSOLIDATED STATEMENT OF TOTAL REC
Page 45 and 46: NOTES TO THE CONSOLIDATED FINANCIAL
Page 55: NOTES TO THE CONSOLIDATED FINANCIAL
Page 103 and 104: CASH FLOW STATEMENT OF THE PARENT C
Page 105 and 106: STATEMENT OF TOTAL RECOGNISED INCOM
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NOTES TO THE FINANCIAL STATEMENTS O
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Definitions EBITDA = Operating prof
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Annual Report 2006 ISS Global A/S

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