Arla Foods UK plc (ARU) 2012年年度报告「LSE」.pdf

1、20 12ANNUAL REPORTThE yEAR iN bRiEf TRANsiTiON TO ifRsFrom 2012,Arla will present its financial statements applying International Financial Reporting Standards(IFRS).We do so to facilitate a more direct comparison of Arlas results with other similar businesses and to achieve even greater transparenc

2、y.IFRS sharpens our financial reporting and is a strength with respect to Arlas growth and acquisitions.The transition to IFRS changes our accounting policies and affects a number of areas in the report:Goodwill will no longer be amortised,Value adjustments to pensions will now be recognised directl

3、y in equity,and Minority interests and additional payments will now be classified as equity.It also affects areas without major significance to the financial statements.The financial statements now include a new statement of Arlas comprehensive income,which details value creation/impairment for the

4、period and includes the results for the period as well as changes in equity not derived from transactions with owners,e.g.developments in pension liabilities and hedging instruments.The price of milk is only affected by the results for the year and not by the changes in other comprehensive income.Mo

5、reover,the financial statements now contain a number of new disclosures,which are detailed in the Notes section of the report.2012 was a strong and groundbreaking year for Arla with high organic growth outside the EU and successful efficiency improvements in our core business.In 2012,Arlas 2015 Stra

6、tegy for Germany and the United Kingdom was realised three years ahead of time.We achieved organic growth of 3.3 per cent across Arlas global brands;this exceeds the Groups average growth at a time when our core market consumers are largely shifting away from brand products.The rise in earnings in R