Management Report - Nordzucker AG
Management Report - Nordzucker AG
Management Report - Nordzucker AG
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<strong>Report</strong> of the Supervisory Board<br />
8<br />
auditors for the financial statement, were<br />
given the audit assignment by the supervisory<br />
board.<br />
The consolidated financial statement<br />
presented by the managing board, the<br />
<strong>Nordzucker</strong> <strong>AG</strong> financial statement as of<br />
29 February 2004, as well as the management<br />
report (which was presented as<br />
a joint report for the group and<br />
<strong>Nordzucker</strong> <strong>AG</strong>) were audited by the<br />
auditors together with the accounting<br />
data, and were certified without reservation.<br />
Representatives of the auditing firm<br />
attended the supervisory board and<br />
finance committee meetings convened to<br />
approve the balance sheet, and they<br />
presented and explained the audit report<br />
to the supervisory board.<br />
Following a final review, the supervisory<br />
board approved the financial and<br />
consolidated statements presented by<br />
the managing board. The financial statement<br />
of <strong>Nordzucker</strong> <strong>AG</strong> was thus adopted.<br />
The proposal presented by the managing<br />
board for appropriation of the net<br />
income was approved.<br />
News and Personalities<br />
At the supervisory board meeting of<br />
5 September 2003, Henning Hansen-<br />
Hogrefe was re-elected chairman of the<br />
<strong>Nordzucker</strong> <strong>AG</strong> supervisory board. Lothar<br />
Wrede and Jürgen Seidel were elected<br />
deputy chairmen. In 2002, Gunold Fischer<br />
had already been elected deputy chairman<br />
of the supervisory board for a fiveyear<br />
term.<br />
At the same meeting, Dietrich<br />
Hauschildt-Staff was elected chairman of<br />
the audit and finance committee.<br />
The term of office of the supervisory<br />
board members Gerhard Becker (Klein<br />
Bünstorf) and Ernst von Lüneburg (Essenrode)<br />
expired at the end of the general<br />
meeting on 5 September 2003. New<br />
supervisory board members elected by<br />
the 2003 general meeting are Goetz von<br />
Engelbrechten and Jürgen Seidel as<br />
shareholders’ representatives.<br />
The employees’ representative in the<br />
supervisory board had been elected by<br />
the <strong>Nordzucker</strong> <strong>AG</strong> staff in 2002. Birgit<br />
Pitsch (Langenhagen) vacated her position<br />
in the <strong>Nordzucker</strong> <strong>AG</strong> supervisory<br />
board as of 3 January 2004, because of<br />
the new function she had assumed for<br />
the union of workers in the foodstuffs,<br />
semi-luxuries and catering trades (NGG).<br />
Her successor is Manfred Tessmann<br />
(Vienenburg).<br />
We thank all the retiring board members<br />
for their commitment and their<br />
constructive support given to the company<br />
and the managing board during the<br />
past years. We are convinced that the<br />
new supervisory board members will<br />
contribute in the same manner to the<br />
successful work done by this body.<br />
The supervisory board expresses its<br />
thanks to the managing board as well as<br />
the <strong>Nordzucker</strong> staff for their valuable<br />
personal commitment.<br />
The Supervisory Board<br />
Braunschweig, 25 May 2004<br />
Henning Hansen-Hogrefe<br />
Chairman of the Supervisory Board