Arla Foods UK plc (ARU) 2017年年度报告「LSE」.pdf

1、Arla Foods Consolidated Annual Report 2017CONSOLIDATED ANNUAL REPORTDriving innovation in dairy2017As people all over the world are focusing on obtaining the most out of life,a healthy lifestyle is becoming the new normal.How we fuel ourselves and our families starts by what we find in our fridge.At

2、 Arla,we create innovative products that delight consumers and help them live a balanced and healthier life.We push the boundaries of science and technology to build a bright future for dairy,and natural food for everyone.MANAGEMENT REVIEW04 Performance at a glance06 Message from the Chairman of the

3、 Board of Directors08 Message from the CEO10 Highlights12 Financial overview13 Business priorities 2017Our Strategy16 Good Growth 202018 Trends in the world around us20 Responding to change22 Business priorities 2018Our Brands and Commercial Segments26 Arla28 Lurpak29 Castello29 Puck30 Europe32 Inte

4、rnational34 Arla Foods Ingredients35 TradingOur Cooperative38 Our business model40 Arlagrden quality programme42 Code of conduct43 Compliance44 Corporate responsibility46 Risk management48 Our risk landscape50 Preparing for Brexit51 Our tax affairsOur Governance54 Governance framework56 Executive Ma

5、nagement Team58 Board of Directors60 Management remuneration61 Diversity and inclusionOur Financial Review64 Market overview66 Financial review72 Financial outlookCONSOLIDATED FINANCIAL STATEMENTS74 Primary financial statements84 Statement by the Board of Directors and the Executive Board85 Notes En

6、dorsement132 Independent auditors report134 Glossary135 Corporate calendarContentFinancial statements of the parent companyUnder section 149 of the Danish Financial Statements Act,these consolidated financial statements represent an extract of Arlas complete annual report.In order to make this repor