1 |
<p align="center"><b>PLIVA Group 1999 Full Year Results</b></p> |
2 |
<p><b>Highlights</b></p> |
3 |
<ul> |
4 |
<li>Revenue growth of 16.9% to HRK 4,180.5 m. (USD 587.6 m)</li> |
5 |
<li> International revenues increase by 28.7% to 65.5% of Group revenues</li> |
6 |
<li> EBIT rises 27.3% to HRK 1,373.8 m. (USD 193.1 m)</li> |
7 |
<li> Net income increases 26.2% to 869.1 m. (USD 122.2 m)</li> |
8 |
<li> EPS growth of 27.8% to HRK 44.17 (USD 1.24 per GDR) </li> |
9 |
<li>Dividend proposal of HRK 10.00, an increase of 36.1% </li> |
10 |
<li>Acquisitions of Farmacom, Lachema and Mixis Genetics strengthen PLIVA's |
11 |
position across target markets </li> |
12 |
<li>FDA approval of new azithromycin facility</li> |
13 |
</ul> |
14 |
<p> <b>Summary </b></p> |
15 |
<p>With a 26.2% growth in net income to HRK 869.1 m, PLIVA achieved strong operating |
16 |
results in 1999, despite unfavourable conditions in the surrounding region. |
17 |
</p> |
18 |
<p>Total Group revenue increased by 16.9% over 1998 figures to HRK 4,180.5 m, |
19 |
of which international markets now account for 65.5% - a substantial increase |
20 |
of 28.7%. The main drivers of this increase include strong growth in azithromycin |
21 |
sales of 58.2% to HRK 599.5 m, as well as a rise in royalty revenues of 66.9% |
22 |
to HRK 945.5 m. </p> |
23 |
<p>Throughout 1999, PLIVA made significant strides in actualising its vision to |
24 |
be a pharmaceutical company, bringing superior and innovative solutions to customer |
25 |
needs, by competing on the global market. 1999, was in this respect, a key transitional |
26 |
period for PLIVA.</p> |
27 |
<p> During the year, PLIVA successfully implemented a new organisational structure, |
28 |
defining pharmaceuticals as PLIVA's core business. Furthermore, the redesign |
29 |
and improvement of key processes - customer-focused Sales and Marketing processes, |
30 |
implementation of a continuous and integrated process of Strategic Planning, |
31 |
and strategically aligned New Product Development and HR processes - further |
32 |
advanced the company towards the attainment of this vision.</p> |
33 |
<p> PLIVA has actively participated in the consolidation of the CEE pharmaceuticals |
34 |
industry. Through the acquisition of three new companies in 1999 alone, PLIVA |
35 |
expanded onto new markets. Adding Farmacom to its portfolio, PLIVA strengthened |
36 |
its position on the Polish market and increased its syrup production efficiency. |
37 |
Through its investment in Mixis Genetics, PLIVA reached a new level in R&D, |
38 |
particularly in the domain of biological diversity production. In its acquisition |
39 |
of Lachema - one of the leading pharmaceutical companies in the Czech Republic |
40 |
- PLIVA considerably strengthened its market position with new products, particularly |
41 |
in the field of cytostatics. The production of cytostatics, which meets high |
42 |
European standards, provides PLIVA with an entry vehicle into Western markets. |
43 |
</p> |
44 |
<p>Furthermore, as part of PLIVA's strategic plan to divest non-core operations |
45 |
and hence focus on the core business of pharmaceuticals, PLIVA spun off its |
46 |
Food segment into two independent business units - Cedevita d.o.o. and Kvasac |
47 |
d.o.o. - in line with its spin off of NEVA d.o.o. in 1998. With the announcement |
48 |
of the sale of PLIVA's yeast operations on March 1st 2000, PLIVA has reconfirmed |
49 |
its strategy to focus on the pharmaceuticals sector.</p> |
50 |
<p> The most important investments in fixed assets for the period included the |
51 |
construction of a new Oral Solid Form production plant and PLIVA's New Research |
52 |
Institute. Altogether, cash outflows from investment activities (CAPEX and acquisitions) |
53 |
totalled HRK 993 m. in 1999.</p> |
54 |
<p> To complement its acquisition and investment strategy, PLIVA made further |
55 |
commitments to Research and Development (R&D). In 1999, PLIVA embarked on several |
56 |
joint research projects, evidenced by its partnership with the international |
57 |
companies Glaxo Wellcome and Althexis.</p> |
58 |
<p> Zeljko Covic, PLIVA's president and CEO, whom ING Baring and the publication |
59 |
'Emerging Markets' proclaimed 1999's CEO of the year for the 'Europe, Middle |
60 |
East and Africa', comments: "Last year represented a successful year for PLIVA, |
61 |
despite the numerous difficulties in the region, which only confirms PLIVA's |
62 |
capability to overcome these negative effects and display a constant trend towards |
63 |
growth and thus solidify its position in the CEE region. With global expansion |
64 |
as part of our vision, our commitment to customer intimacy, and our dedication |
65 |
to research and development, PLIVA continues to secure its leading position |
66 |
at the forefront of the CEE pharmaceutical industry." </p> |
67 |
<p><b>1. PLIVA Group Revenue</b></p> |
68 |
<p> The Group's total 1999 revenue amounted to HRK 4180.5 m., a 16.9% increase |
69 |
over 1998. Total sales amounted to HRK 3,156.6 m, rising 7.2% y-o-y, outweighing |
70 |
the negative growth exhibited in the first half of the year. Moreover, royalty |
71 |
income of HRK 945.5 m. represented a 66.9% increase over 1998, significantly |
72 |
contributing to the results. </p> |
73 |
<p>Pharmaceuticals exhibited a modest 0.7% increase to HRK 1,834.5 m., yet retained |
74 |
the highest share of Group sales at 58.1%, further highlighting PLIVA's focus |
75 |
on its core business of pharmaceuticals. A key reason for the mild sales increase |
76 |
rests in the price decline of leading products on the Croatian and Slovenian |
77 |
markets, as well as economic challenges in the domestic environment. Rather |
78 |
than boosting sales, PLIVA consciously chose to limit its sales growth on the |
79 |
Croatian market in an effort to control the level of receivables. PLIVA continues |
80 |
to retain its leading position on the Croatian market.</p> |
81 |
<p> Sumamed sales grew by 3.4% to HRK 254.7 m, partially offsetting the half-year |
82 |
decline of 17.4%. With the introduction of protective stickers, PLIVA successfully |
83 |
remedied its problem of copies of Sumamed appearing on the Russian and Chinese |
84 |
markets, yet was unable to recapture the previous year's sales momentum. </p> |
85 |
<p>The low growth of PLIVA's international pharmaceutical revenues (0.7%) was |
86 |
also impacted by the replacement of Zyrtec with Virlix in Poland, slowing this |
87 |
market growth to 5% or a total of HRK 492.6 m. Through the acquisition of Farmacom, |
88 |
increased Sumamed sales and greater number of OTC products, however, PLIVA maintained |
89 |
positive growth and ranked fifth on the Polish market at the end of 1999. </p> |
90 |
<p>PLIVA's Fine Chemicals segment achieved the greatest sales increase ever, 46.2%, |
91 |
reaching total sales of HRK 715.5 m. This strong growth was due to an increase |
92 |
of 58.2% in sales of azithromycin. At HRK 599.5 m., total azithromycin sales, |
93 |
PLIVA's leading product, contributed 19% to total PLIVA Group sales.</p> |
94 |
<p> The segment's other four leading products also recorded an average growth |
95 |
of more than 20%. The segments of Animal Health & Agrochemicals and Food both |
96 |
experienced a decline of 4.2% and 6.6% to HRK 190.8 m. and 279.9 m, respectively, |
97 |
whereas Cosmetics and Personal Hygiene maintained their 1998 level at HRK 135.9 |
98 |
m. As the sales of these segments are largely dependent on the Croatian market, |
99 |
they were negatively impacted by the slow recovery of the domestic economy. |
100 |
</p> |
101 |
<p>In comparison to 1998, a greater proportion of PLIVA's revenue came from international |
102 |
markets, increasing to 65.5% from 59.5%. The Americas, which achieved an overall |
103 |
growth rate of 82%, yielded the highest revenue, accounting for 33.6% of the |
104 |
total. The 18.3% drop in Russian sales to HRK 82.7 m. was significantly eased |
105 |
by the large upswing in 2H 1999 sales.</p> |
106 |
<p> This increase in international revenues exposed the company to respective |
107 |
exchange rate fluctuations. Over the period, the HRK depreciated by 7.1% against |
108 |
the EURO and legacy currencies and 11.8% against the USD (with respect to the |
109 |
annual average exchange rate). Nevertheless, the HRK strengthened against the |
110 |
PLN by 1.7% over the same period. In </p> |
111 |
<p>1999, Lachema did not impact the Group Profit and Loss account, as the Czech |
112 |
company was consolidated from 31 December 1999. </p> |
113 |
<p><b>2. Operating costs </b></p> |
114 |
<p>Costs of Goods Sold (COGS) increased 23.2% to HRK 1,529.8 m, predominantly |
115 |
due to the change in allocation of costs from Selling, General and Administrative |
116 |
costs (SG&A) to COGS. This change in cost allocation, enabled by the SAP system, |
117 |
was implemented in order to show a more realistic segmentation of individual |
118 |
cost groups. Excluding this change in calculation, however, COGS would have |
119 |
experienced a mere 8.5% increase.</p> |
120 |
<p> In light of the change in cost allocation, SG&A (excluding provisions and |
121 |
goodwill amortisation) decreased by 10.0% compared to 1998 levels. Restating |
122 |
1998 according to the new cost allocation, however, SG&A (excluding provisions |
123 |
and goodwill amortisation) would have risen by 7.4%, predominantly due to the |
124 |
increase in Marketing and Sales costs of 18.4%. The major part of Provisions, |
125 |
which in total increased by 175% to HRK 85 m., were made for bad debts (HRK |
126 |
57 m.) as well as jubilee, retirement and other employee bonuses (HRK 21 m.).</p> |
127 |
<p> Increasing by 46.5% from 1998, Research and Development costs (R&D) amounted |
128 |
to HRK 220.7 m. </p> |
129 |
<p><b>3. Profitability</b> </p> |
130 |
<p>In line with the positive sales results, Gross Profit climbed 13.6% to HRK |
131 |
2,650.7 m, mostly driven by royalty income growth. The real gross profit increase, |
132 |
after adjustment for the new cost allocation, reached 22.4%. </p> |
133 |
<p>Earnings before interest and tax (EBIT) solidly increased 27.3% to HRK 1,373.8 |
134 |
m, leading to a growth in EBIT margin from 30.2% to 32.9%. </p> |
135 |
<p>The 14.9% growth in Earnings before tax (EBT) of HRK 1,256.6 m. was dampened |
136 |
by the net financial loss, arising from increased financing costs and a substantial |
137 |
negative foreign currency translation adjustment. </p> |
138 |
<p>Net Income rose 26.2% to reach a total of HRK 869.1 m., whilst net margins |
139 |
increased from 19.3% to 20.8%. With the higher protective rate (tax shield) |
140 |
on own capital in 1999, PLIVA's effective tax rate amounted to 30%, which notably |
141 |
contributed to the stronger net income growth. </p> |
142 |
<p><b>4. Financial Position</b> </p> |
143 |
<p>PLIVA Group continued to retain a strong and stable financial position at the |
144 |
1999 year-end. Although the Group witnessed a 39.1% increase in total receivables, |
145 |
they were brought under control through the tightening of credit limits, which |
146 |
successfully reduced the parent company's receivables by approximately 25% from |
147 |
their half-year levels. Trade debtor receivables increased 29.8%. </p> |
148 |
<p>With the company's aggressive investment strategy - specifically the consolidation |
149 |
of Lachema as well as investments in the azithromycin and OSF facilities and |
150 |
the New Research Institute - PLIVA also experienced a significant increase in |
151 |
its fixed assets of 23%. PLIVA's debt to equity ratio increased from 20.9% to |
152 |
24.6%, reflecting PLIVA's decision to increase the use of leverage in its capital |
153 |
structure and tap more favourable sources of funding for financing its expansion. |
154 |
</p> |
155 |
<p><b>5. Research and Development</b></p> |
156 |
<p> During 1999, PLIVA continued to intensely work on its research projects concerning |
157 |
anti-inflammatories and anti-infectives. In particular, PLIVA signed joint research |
158 |
agreements with the international companies Glaxo Wellcome and Althexis. Furthermore, |
159 |
PLIVA advanced two of its pipeline projects from the stage of Discovery to Preclinical |
160 |
Development. The first project involves a molecule with thrombopoietin-like |
161 |
properties, which PLIVA is jointly developing with US-based Receptron, whose |
162 |
clinical trials are expected to be conducted in the US in the second half of |
163 |
2000, after FDA approval. The second project with which PLIVA will begin clinical |
164 |
trials is gastroprotective peptide, whose potential therapeutic area is the |
165 |
treatment of IBD (Inflammatory Bowel Disease). </p> |
166 |
<p>As a result of strong R&D activities, PLIVA recorded an increase in R&D costs |
167 |
of 46.5%, of which 60% was directed towards development projects and 40% towards |
168 |
research activities. As a percentage of healthcare sales, R&D costs similarly |
169 |
rose in share from 5.9% to 8.1%, further highlighting PLIVA's strong commitment |
170 |
to research and the development of its product pipeline. </p> |
171 |
<p><b>6. Investment Activities</b> </p> |
172 |
<p>Total Group investments in tangible assets amounted to a total of HRK 614.8 |
173 |
m., of which HRK 520.2 m. was undertaken by PLIVA d.d. alone. The period's single |
174 |
largest investment funded the continued construction of the Oral Solid Form |
175 |
facility in Zagreb. Other substantial investment projects include the completion |
176 |
of the azithromycin facility, implementation of the SAP/R3 system, as well as |
177 |
the start of the construction of the New Research Institute. </p> |
178 |
<p>Total investments in intangible assets amounted to HRK 378.2 m. PLIVA acquired |
179 |
the remaining 60% stake in the Polish pharmaceuticals company Farmacom, for |
180 |
a total 100% ownership stake, for a total of USD 4.8 m. For an amount of USD |
181 |
3.3 m., PLIVA also acquired the biotech company MIXIS Genetics Ltd., whereby |
182 |
it gained ownership of several advanced technology patents in the field of biological |
183 |
diversity production. </p> |
184 |
<p>At the end of the year, PLIVA acquired a 66.67% stake in one of the leading |
185 |
Czech pharmaceuticals company, Lachema. The company's range of generic cytostatics, |
186 |
as well as the new production facility for injectable cytostatics (that recently |
187 |
passed the strict criteria of German BGA inspection), offers PLIVA new growth |
188 |
possibilities in this lucrative niche. Subsequently, in December 1999, PLIVA |
189 |
d.d. purchased an additional 6.17% stake in PLIVA Krakow for a total of USD |
190 |
16 m., augmenting its net ownership to 87.67%. </p> |
191 |
<p><b>7. Dividend</b></p> |
192 |
<p> PLIVA's Management Board proposed a dividend of HRK 10.00 per share, representing |
193 |
an increase of 36.1%, subject to the approval of the General Assembly.</p> |
194 |
<p> <b>8. Share Price Performance</b></p> |
195 |
<p> Throughout 1999, PLIVA's ownership structure experienced several changes. |
196 |
At 31 December 1999, the stake of foreign investors rose to 56.0%, whereas the |
197 |
Croatian Privatisation Fund reduced its stake to 0.7%, as did the Croatian Pension |
198 |
Fund (25.6%) and the EBRD (7.7%). </p> |
199 |
<p>Over the first quarter of 1999, PLIVA's share price experienced an upward trend, |
200 |
twice reaching a year peak of HRK 630.00 on the Zagreb Stock Exchange (ZSE) |
201 |
and USD 19.55 on the London Stock Exchange (LSE). A downward trend followed |
202 |
and persisted until the end of the third quarter, due to a worsening pre-electoral |
203 |
political and economic situation in Croatia, which led to a year-low of HRK |
204 |
360.00 (ZSE) and USD 9.58 (LSE). However, by the end of the year, investor confidence |
205 |
returned and PLIVA shares recovered to a year-end close of HRK 509.99 (ZSE) |
206 |
and USD 13.03 (LSE).</p> |
207 |
<p>Notes:<br> |
208 |
1998 and 1999 data are based on or derived from the Audited Report prepared |
209 |
by PriceWaterhouseCoopers.</p> |
210 |
<p><span style='font-size:10.0pt;font-family:Arial;color:navy'>PLIVA Group</span></p> |
211 |
<p><b><span style='font-size:10.0pt;font-family:Arial;color:navy'>Consolidated |
212 |
Profit and Loss Account</span></b></p> |
213 |
<table border=0 cellspacing=0 cellpadding=0 width="104%"> |
214 |
<tr> |
215 |
<td width="31%" bgcolor="navy" class="Normal"> </td> |
216 |
<td width="34%" colspan=2 bgcolor="navy" class="Normal"> |
217 |
<p align=center style='text-align:center'><span lang=HR |
218 |
style='color:white'>HRK m</span><span lang=HR></span></p> |
219 |
</td> |
220 |
<td width="40%" colspan=2 bgcolor="navy" class="Normal"> |
221 |
<p align=center style='text-align:center'><span lang=HR |
222 |
style='color:white'>USD m</span><span lang=HR></span></p> |
223 |
</td> |
224 |
</tr> |
225 |
<tr> |
226 |
<td width="31%" class="Normal"> </td> |
227 |
<td width="14%" class="Normal"> |
228 |
<p align=center style='text-align:center'><span lang=HR |
229 |
style='font-size:10.0pt;font-family:Arial;color:navy'>1998</span><span |
230 |
lang=HR></span></p> |
231 |
</td> |
232 |
<td width="20%" class="Normal"> |
233 |
<p align=center style='text-align:center'><span lang=HR |
234 |
style='font-size:10.0pt;font-family:Arial;color:navy'>1999</span><span |
235 |
lang=HR></span></p> |
236 |
</td> |
237 |
<td width="20%" class="Normal"> |
238 |
<p align=center style='text-align:center'><span lang=HR |
239 |
style='font-size:10.0pt;font-family:Arial;color:navy'>1998</span><span |
240 |
lang=HR></span></p> |
241 |
</td> |
242 |
<td width="20%" class="Normal"> |
243 |
<p align=center style='text-align:center'><span lang=HR |
244 |
style='font-size:10.0pt;font-family:Arial;color:navy'>1999</span><span |
245 |
lang=HR></span></p> |
246 |
</td> |
247 |
</tr> |
248 |
<tr> |
249 |
<td width="31%" class="Normal"> </td> |
250 |
<td width="14%" class="Normal"> </td> |
251 |
<td width="20%" class="Normal"> </td> |
252 |
<td width="20%" class="Normal"> </td> |
253 |
<td width="20%" class="Normal"> </td> |
254 |
</tr> |
255 |
<tr> |
256 |
<td width="31%" class="Normal"> |
257 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
258 |
color:navy'>REVENUE</span><span lang=HR></span></p> |
259 |
</td> |
260 |
<td width="14%" class="Normal"> |
261 |
<p align=right style='text-align:right'><span lang=HR |
262 |
style='font-size:10.0pt;font-family:Arial;color:navy'>3,575.7</span><span |
263 |
lang=HR></span></p> |
264 |
</td> |
265 |
<td width="20%" class="Normal"> |
266 |
<p align=right style='text-align:right'><span lang=HR |
267 |
style='font-size:10.0pt;font-family:Arial;color:navy'>4,180.5</span><span |
268 |
lang=HR></span></p> |
269 |
</td> |
270 |
<td width="20%" class="Normal"> |
271 |
<p align=right style='text-align:right'><span lang=HR |
272 |
style='font-size:10.0pt;font-family:Arial;color:navy'>562.0</span><span |
273 |
lang=HR></span></p> |
274 |
</td> |
275 |
<td width="20%" class="Normal"> |
276 |
<p align=right style='text-align:right'><span lang=HR |
277 |
style='font-size:10.0pt;font-family:Arial;color:navy'>587.6</span><span |
278 |
lang=HR></span></p> |
279 |
</td> |
280 |
</tr> |
281 |
<tr> |
282 |
<td width="31%" class="Normal"> |
283 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
284 |
color:navy'>Sales</span><span lang=HR></span></p> |
285 |
</td> |
286 |
<td width="14%" class="Normal"> |
287 |
<p align=right style='text-align:right'><span lang=HR |
288 |
style='font-size:10.0pt;font-family:Arial;color:navy'>2,945.4</span><span |
289 |
lang=HR></span></p> |
290 |
</td> |
291 |
<td width="20%" class="Normal"> |
292 |
<p align=right style='text-align:right'><span lang=HR |
293 |
style='font-size:10.0pt;font-family:Arial;color:navy'>3,156.6</span><span |
294 |
lang=HR></span></p> |
295 |
</td> |
296 |
<td width="20%" class="Normal"> |
297 |
<p align=right style='text-align:right'><span lang=HR |
298 |
style='font-size:10.0pt;font-family:Arial;color:navy'>463.0</span><span |
299 |
lang=HR></span></p> |
300 |
</td> |
301 |
<td width="20%" class="Normal"> |
302 |
<p align=right style='text-align:right'><span lang=HR |
303 |
style='font-size:10.0pt;font-family:Arial;color:navy'>443.7</span><span |
304 |
lang=HR></span></p> |
305 |
</td> |
306 |
</tr> |
307 |
<tr> |
308 |
<td width="31%" class="Normal"> |
309 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
310 |
color:navy'>- Pharmaceuticals</span><span lang=HR></span></p> |
311 |
</td> |
312 |
<td width="14%" class="Normal"> |
313 |
<p align=right style='text-align:right'><span lang=HR |
314 |
style='font-size:10.0pt;font-family:Arial;color:navy'>1,821.9</span><span |
315 |
lang=HR></span></p> |
316 |
</td> |
317 |
<td width="20%" class="Normal"> |
318 |
<p align=right style='text-align:right'><span lang=HR |
319 |
style='font-size:10.0pt;font-family:Arial;color:navy'>1,834.5</span><span |
320 |
lang=HR></span></p> |
321 |
</td> |
322 |
<td width="20%" class="Normal"> |
323 |
<p align=right style='text-align:right'><span lang=HR |
324 |
style='font-size:10.0pt;font-family:Arial;color:navy'>286.4</span><span |
325 |
lang=HR></span></p> |
326 |
</td> |
327 |
<td width="20%" class="Normal"> |
328 |
<p align=right style='text-align:right'><span lang=HR |
329 |
style='font-size:10.0pt;font-family:Arial;color:navy'>257.9</span><span |
330 |
lang=HR></span></p> |
331 |
</td> |
332 |
</tr> |
333 |
<tr> |
334 |
<td width="31%" class="Normal"> |
335 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
336 |
color:navy'>- Bulk Pharmaceuticals</span><span lang=HR></span></p> |
337 |
</td> |
338 |
<td width="14%" class="Normal"> |
339 |
<p align=right style='text-align:right'><span lang=HR |
340 |
style='font-size:10.0pt;font-family:Arial;color:navy'>489.3</span><span |
341 |
lang=HR></span></p> |
342 |
</td> |
343 |
<td width="20%" class="Normal"> |
344 |
<p align=right style='text-align:right'><span lang=HR |
345 |
style='font-size:10.0pt;font-family:Arial;color:navy'>715.5</span><span |
346 |
lang=HR></span></p> |
347 |
</td> |
348 |
<td width="20%" class="Normal"> |
349 |
<p align=right style='text-align:right'><span lang=HR |
350 |
style='font-size:10.0pt;font-family:Arial;color:navy'>76.9</span><span |
351 |
lang=HR></span></p> |
352 |
</td> |
353 |
<td width="20%" class="Normal"> |
354 |
<p align=right style='text-align:right'><span lang=HR |
355 |
style='font-size:10.0pt;font-family:Arial;color:navy'>100.6</span><span |
356 |
lang=HR></span></p> |
357 |
</td> |
358 |
</tr> |
359 |
<tr> |
360 |
<td width="31%" class="Normal"> |
361 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
362 |
color:navy'>- Animal Health and Agrochemicals</span><span lang=HR></span></p> |
363 |
</td> |
364 |
<td width="14%" class="Normal"> |
365 |
<p align=right style='text-align:right'><span lang=HR |
366 |
style='font-size:10.0pt;font-family:Arial;color:navy'>199.2</span><span |
367 |
lang=HR></span></p> |
368 |
</td> |
369 |
<td width="20%" class="Normal"> |
370 |
<p align=right style='text-align:right'><span lang=HR |
371 |
style='font-size:10.0pt;font-family:Arial;color:navy'>190.8</span><span |
372 |
lang=HR></span></p> |
373 |
</td> |
374 |
<td width="20%" class="Normal"> |
375 |
<p align=right style='text-align:right'><span lang=HR |
376 |
style='font-size:10.0pt;font-family:Arial;color:navy'>31.3</span><span |
377 |
lang=HR></span></p> |
378 |
</td> |
379 |
<td width="20%" class="Normal"> |
380 |
<p align=right style='text-align:right'><span lang=HR |
381 |
style='font-size:10.0pt;font-family:Arial;color:navy'>26.8</span><span |
382 |
lang=HR></span></p> |
383 |
</td> |
384 |
</tr> |
385 |
<tr> |
386 |
<td width="31%" class="Normal"> |
387 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
388 |
color:navy'>- Food</span><span lang=HR></span></p> |
389 |
</td> |
390 |
<td width="14%" class="Normal"> |
391 |
<p align=right style='text-align:right'><span lang=HR |
392 |
style='font-size:10.0pt;font-family:Arial;color:navy'>299.6</span><span |
393 |
lang=HR></span></p> |
394 |
</td> |
395 |
<td width="20%" class="Normal"> |
396 |
<p align=right style='text-align:right'><span lang=HR |
397 |
style='font-size:10.0pt;font-family:Arial;color:navy'>279.9</span><span |
398 |
lang=HR></span></p> |
399 |
</td> |
400 |
<td width="20%" class="Normal"> |
401 |
<p align=right style='text-align:right'><span lang=HR |
402 |
style='font-size:10.0pt;font-family:Arial;color:navy'>47.1</span><span |
403 |
lang=HR></span></p> |
404 |
</td> |
405 |
<td width="20%" class="Normal"> |
406 |
<p align=right style='text-align:right'><span lang=HR |
407 |
style='font-size:10.0pt;font-family:Arial;color:navy'>39.3</span><span |
408 |
lang=HR></span></p> |
409 |
</td> |
410 |
</tr> |
411 |
<tr> |
412 |
<td width="31%" class="Normal"> |
413 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
414 |
color:navy'>- Cosmetics and Personal Hygiene</span><span lang=HR></span></p> |
415 |
</td> |
416 |
<td width="14%" class="Normal"> |
417 |
<p align=right style='text-align:right'><span lang=HR |
418 |
style='font-size:10.0pt;font-family:Arial;color:navy'>135.4</span><span |
419 |
lang=HR></span></p> |
420 |
</td> |
421 |
<td width="20%" class="Normal"> |
422 |
<p align=right style='text-align:right'><span lang=HR |
423 |
style='font-size:10.0pt;font-family:Arial;color:navy'>135.9</span><span |
424 |
lang=HR></span></p> |
425 |
</td> |
426 |
<td width="20%" class="Normal"> |
427 |
<p align=right style='text-align:right'><span lang=HR |
428 |
style='font-size:10.0pt;font-family:Arial;color:navy'>21.3</span><span |
429 |
lang=HR></span></p> |
430 |
</td> |
431 |
<td width="20%" class="Normal"> |
432 |
<p align=right style='text-align:right'><span lang=HR |
433 |
style='font-size:10.0pt;font-family:Arial;color:navy'>19.1</span><span |
434 |
lang=HR></span></p> |
435 |
</td> |
436 |
</tr> |
437 |
<tr> |
438 |
<td width="31%" class="Normal"> |
439 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
440 |
color:navy'>Royalties</span><span lang=HR></span></p> |
441 |
</td> |
442 |
<td width="14%" class="Normal"> |
443 |
<p align=right style='text-align:right'><span lang=HR |
444 |
style='font-size:10.0pt;font-family:Arial;color:navy'>566.6</span><span |
445 |
lang=HR></span></p> |
446 |
</td> |
447 |
<td width="20%" class="Normal"> |
448 |
<p align=right style='text-align:right'><span lang=HR |
449 |
style='font-size:10.0pt;font-family:Arial;color:navy'>945.5</span><span |
450 |
lang=HR></span></p> |
451 |
</td> |
452 |
<td width="20%" class="Normal"> |
453 |
<p align=right style='text-align:right'><span lang=HR |
454 |
style='font-size:10.0pt;font-family:Arial;color:navy'>89.1</span><span |
455 |
lang=HR></span></p> |
456 |
</td> |
457 |
<td width="20%" class="Normal"> |
458 |
<p align=right style='text-align:right'><span lang=HR |
459 |
style='font-size:10.0pt;font-family:Arial;color:navy'>132.9</span><span |
460 |
lang=HR></span></p> |
461 |
</td> |
462 |
</tr> |
463 |
<tr> |
464 |
<td width="31%" class="Normal"> |
465 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
466 |
color:navy'>Other</span><span lang=HR></span></p> |
467 |
</td> |
468 |
<td width="14%" class="Normal"> |
469 |
<p align=right style='text-align:right'><span lang=HR |
470 |
style='font-size:10.0pt;font-family:Arial;color:navy'>63.7</span><span |
471 |
lang=HR></span></p> |
472 |
</td> |
473 |
<td width="20%" class="Normal"> |
474 |
<p align=right style='text-align:right'><span lang=HR |
475 |
style='font-size:10.0pt;font-family:Arial;color:navy'>78.4</span><span |
476 |
lang=HR></span></p> |
477 |
</td> |
478 |
<td width="20%" class="Normal"> |
479 |
<p align=right style='text-align:right'><span lang=HR |
480 |
style='font-size:10.0pt;font-family:Arial;color:navy'>10.0</span><span |
481 |
lang=HR></span></p> |
482 |
</td> |
483 |
<td width="20%" class="Normal"> |
484 |
<p align=right style='text-align:right'><span lang=HR |
485 |
style='font-size:10.0pt;font-family:Arial;color:navy'>11.0</span><span |
486 |
lang=HR></span></p> |
487 |
</td> |
488 |
</tr> |
489 |
<tr> |
490 |
<td width="31%" class="Normal"> |
491 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
492 |
color:navy'>Cost of goods sold</span><span lang=HR></span></p> |
493 |
</td> |
494 |
<td width="14%" class="Normal"> |
495 |
<p align=right style='text-align:right'><span lang=HR |
496 |
style='font-size:10.0pt;font-family:Arial;color:navy'>1,241.5</span><span |
497 |
lang=HR></span></p> |
498 |
</td> |
499 |
<td width="20%" class="Normal"> |
500 |
<p align=right style='text-align:right'><span lang=HR |
501 |
style='font-size:10.0pt;font-family:Arial;color:navy'>1,529.8</span><span |
502 |
lang=HR></span></p> |
503 |
</td> |
504 |
<td width="20%" class="Normal"> |
505 |
<p align=right style='text-align:right'><span lang=HR |
506 |
style='font-size:10.0pt;font-family:Arial;color:navy'>195.1</span><span |
507 |
lang=HR></span></p> |
508 |
</td> |
509 |
<td width="20%" class="Normal"> |
510 |
<p align=right style='text-align:right'><span lang=HR |
511 |
style='font-size:10.0pt;font-family:Arial;color:navy'>215.0</span><span |
512 |
lang=HR></span></p> |
513 |
</td> |
514 |
</tr> |
515 |
<tr> |
516 |
<td width="31%" class="Normal"> |
517 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
518 |
color:navy'>Gross profit</span><span lang=HR></span></p> |
519 |
</td> |
520 |
<td width="14%" class="Normal"> |
521 |
<p align=right style='text-align:right'><span lang=HR |
522 |
style='font-size:10.0pt;font-family:Arial;color:navy'>2,334.2</span><span |
523 |
lang=HR></span></p> |
524 |
</td> |
525 |
<td width="20%" class="Normal"> |
526 |
<p align=right style='text-align:right'><span lang=HR |
527 |
style='font-size:10.0pt;font-family:Arial;color:navy'>2,650.7</span><span |
528 |
lang=HR></span></p> |
529 |
</td> |
530 |
<td width="20%" class="Normal"> |
531 |
<p align=right style='text-align:right'><span lang=HR |
532 |
style='font-size:10.0pt;font-family:Arial;color:navy'>366.9</span><span |
533 |
lang=HR></span></p> |
534 |
</td> |
535 |
<td width="20%" class="Normal"> |
536 |
<p align=right style='text-align:right'><span lang=HR |
537 |
style='font-size:10.0pt;font-family:Arial;color:navy'>372.6</span><span |
538 |
lang=HR></span></p> |
539 |
</td> |
540 |
</tr> |
541 |
<tr> |
542 |
<td width="31%" class="Normal"> |
543 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
544 |
color:navy'>Selling, general and administrative expenses</span><span lang=HR></span></p> |
545 |
</td> |
546 |
<td width="14%" class="Normal"> |
547 |
<p align=right style='text-align:right'><span lang=HR |
548 |
style='font-size:10.0pt;font-family:Arial;color:navy'>1,073.1</span><span |
549 |
lang=HR></span></p> |
550 |
</td> |
551 |
<td width="20%" class="Normal"> |
552 |
<p align=right style='text-align:right'><span lang=HR |
553 |
style='font-size:10.0pt;font-family:Arial;color:navy'>1,023.0</span><span |
554 |
lang=HR></span></p> |
555 |
</td> |
556 |
<td width="20%" class="Normal"> |
557 |
<p align=right style='text-align:right'><span lang=HR |
558 |
style='font-size:10.0pt;font-family:Arial;color:navy'>168.7</span><span |
559 |
lang=HR></span></p> |
560 |
</td> |
561 |
<td width="20%" class="Normal"> |
562 |
<p align=right style='text-align:right'><span lang=HR |
563 |
style='font-size:10.0pt;font-family:Arial;color:navy'>143.8</span><span |
564 |
lang=HR></span></p> |
565 |
</td> |
566 |
</tr> |
567 |
<tr> |
568 |
<td width="31%" class="Normal"> |
569 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
570 |
color:navy'>Research and development expenses</span><span lang=HR></span></p> |
571 |
</td> |
572 |
<td width="14%" class="Normal"> |
573 |
<p align=right style='text-align:right'><span lang=HR |
574 |
style='font-size:10.0pt;font-family:Arial;color:navy'>150.6</span><span |
575 |
lang=HR></span></p> |
576 |
</td> |
577 |
<td width="20%" class="Normal"> |
578 |
<p align=right style='text-align:right'><span lang=HR |
579 |
style='font-size:10.0pt;font-family:Arial;color:navy'>220.7</span><span |
580 |
lang=HR></span></p> |
581 |
</td> |
582 |
<td width="20%" class="Normal"> |
583 |
<p align=right style='text-align:right'><span lang=HR |
584 |
style='font-size:10.0pt;font-family:Arial;color:navy'>23.7</span><span |
585 |
lang=HR></span></p> |
586 |
</td> |
587 |
<td width="20%" class="Normal"> |
588 |
<p align=right style='text-align:right'><span lang=HR |
589 |
style='font-size:10.0pt;font-family:Arial;color:navy'>31.0</span><span |
590 |
lang=HR></span></p> |
591 |
</td> |
592 |
</tr> |
593 |
<tr> |
594 |
<td width="31%" class="Normal"> |
595 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
596 |
color:navy'>Goodwill amortisation</span><span lang=HR></span></p> |
597 |
</td> |
598 |
<td width="14%" class="Normal"> |
599 |
<p align=right style='text-align:right'><span lang=HR |
600 |
style='font-size:10.0pt;font-family:Arial;color:navy'>31.1</span><span |
601 |
lang=HR></span></p> |
602 |
</td> |
603 |
<td width="20%" class="Normal"> |
604 |
<p align=right style='text-align:right'><span lang=HR |
605 |
style='font-size:10.0pt;font-family:Arial;color:navy'>33.2</span><span |
606 |
lang=HR></span></p> |
607 |
</td> |
608 |
<td width="20%" class="Normal"> |
609 |
<p align=right style='text-align:right'><span lang=HR |
610 |
style='font-size:10.0pt;font-family:Arial;color:navy'>4.9</span><span |
611 |
lang=HR></span></p> |
612 |
</td> |
613 |
<td width="20%" class="Normal"> |
614 |
<p align=right style='text-align:right'><span lang=HR |
615 |
style='font-size:10.0pt;font-family:Arial;color:navy'>4.7</span><span |
616 |
lang=HR></span></p> |
617 |
</td> |
618 |
</tr> |
619 |
<tr> |
620 |
<td width="31%" class="Normal"> |
621 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
622 |
color:navy'>Income before interest and taxes</span><span lang=HR></span></p> |
623 |
</td> |
624 |
<td width="14%" class="Normal"> |
625 |
<p align=right style='text-align:right'><span lang=HR |
626 |
style='font-size:10.0pt;font-family:Arial;color:navy'>1,079.4</span><span |
627 |
lang=HR></span></p> |
628 |
</td> |
629 |
<td width="20%" class="Normal"> |
630 |
<p align=right style='text-align:right'><span lang=HR |
631 |
style='font-size:10.0pt;font-family:Arial;color:navy'>1,373.8</span><span |
632 |
lang=HR></span></p> |
633 |
</td> |
634 |
<td width="20%" class="Normal"> |
635 |
<p align=right style='text-align:right'><span lang=HR |
636 |
style='font-size:10.0pt;font-family:Arial;color:navy'>169.7</span><span |
637 |
lang=HR></span></p> |
638 |
</td> |
639 |
<td width="20%" class="Normal"> |
640 |
<p align=right style='text-align:right'><span lang=HR |
641 |
style='font-size:10.0pt;font-family:Arial;color:navy'>193.1</span><span |
642 |
lang=HR></span></p> |
643 |
</td> |
644 |
</tr> |
645 |
<tr> |
646 |
<td width="31%" class="Normal"> |
647 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
648 |
color:navy'>Financial income/(expenses)</span><span lang=HR></span></p> |
649 |
</td> |
650 |
<td width="14%" class="Normal"> |
651 |
<p align=right style='text-align:right'><span lang=HR |
652 |
style='font-size:10.0pt;font-family:Arial;color:navy'>9.5</span><span |
653 |
lang=HR></span></p> |
654 |
</td> |
655 |
<td width="20%" class="Normal"> |
656 |
<p align=right style='text-align:right'><span lang=HR |
657 |
style='font-size:10.0pt;font-family:Arial;color:navy'>-26.9</span><span |
658 |
lang=HR></span></p> |
659 |
</td> |
660 |
<td width="20%" class="Normal"> |
661 |
<p align=right style='text-align:right'><span lang=HR |
662 |
style='font-size:10.0pt;font-family:Arial;color:navy'>1.5</span><span |
663 |
lang=HR></span></p> |
664 |
</td> |
665 |
<td width="20%" class="Normal"> |
666 |
<p align=right style='text-align:right'><span lang=HR |
667 |
style='font-size:10.0pt;font-family:Arial;color:navy'>-3.8</span><span |
668 |
lang=HR></span></p> |
669 |
</td> |
670 |
</tr> |
671 |
<tr> |
672 |
<td width="31%" class="Normal"> |
673 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
674 |
color:navy'>Foreign currency exchange gains/(losses)</span><span lang=HR></span></p> |
675 |
</td> |
676 |
<td width="14%" class="Normal"> |
677 |
<p align=right style='text-align:right'><span lang=HR |
678 |
style='font-size:10.0pt;font-family:Arial;color:navy'>4.4</span><span |
679 |
lang=HR></span></p> |
680 |
</td> |
681 |
<td width="20%" class="Normal"> |
682 |
<p align=right style='text-align:right'><span lang=HR |
683 |
style='font-size:10.0pt;font-family:Arial;color:navy'>-90.3</span><span |
684 |
lang=HR></span></p> |
685 |
</td> |
686 |
<td width="20%" class="Normal"> |
687 |
<p align=right style='text-align:right'><span lang=HR |
688 |
style='font-size:10.0pt;font-family:Arial;color:navy'>0.7</span><span |
689 |
lang=HR></span></p> |
690 |
</td> |
691 |
<td width="20%" class="Normal"> |
692 |
<p align=right style='text-align:right'><span lang=HR |
693 |
style='font-size:10.0pt;font-family:Arial;color:navy'>-12.7</span><span |
694 |
lang=HR></span></p> |
695 |
</td> |
696 |
</tr> |
697 |
<tr> |
698 |
<td width="31%" class="Normal"> |
699 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
700 |
color:navy'>Profit before taxes and contributions</span><span lang=HR></span></p> |
701 |
</td> |
702 |
<td width="14%" class="Normal"> |
703 |
<p align=right style='text-align:right'><span lang=HR |
704 |
style='font-size:10.0pt;font-family:Arial;color:navy'>1,093.3</span><span |
705 |
lang=HR></span></p> |
706 |
</td> |
707 |
<td width="20%" class="Normal"> |
708 |
<p align=right style='text-align:right'><span lang=HR |
709 |
style='font-size:10.0pt;font-family:Arial;color:navy'>1,256.6</span><span |
710 |
lang=HR></span></p> |
711 |
</td> |
712 |
<td width="20%" class="Normal"> |
713 |
<p align=right style='text-align:right'><span lang=HR |
714 |
style='font-size:10.0pt;font-family:Arial;color:navy'>171.8</span><span |
715 |
lang=HR></span></p> |
716 |
</td> |
717 |
<td width="20%" class="Normal"> |
718 |
<p align=right style='text-align:right'><span lang=HR |
719 |
style='font-size:10.0pt;font-family:Arial;color:navy'>176.6</span><span |
720 |
lang=HR></span></p> |
721 |
</td> |
722 |
</tr> |
723 |
<tr> |
724 |
<td width="31%" class="Normal"> |
725 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
726 |
color:navy'>Taxes and contributions</span><span lang=HR></span></p> |
727 |
</td> |
728 |
<td width="14%" class="Normal"> |
729 |
<p align=right style='text-align:right'><span lang=HR |
730 |
style='font-size:10.0pt;font-family:Arial;color:navy'>386.9</span><span |
731 |
lang=HR></span></p> |
732 |
</td> |
733 |
<td width="20%" class="Normal"> |
734 |
<p align=right style='text-align:right'><span lang=HR |
735 |
style='font-size:10.0pt;font-family:Arial;color:navy'>377.6</span><span |
736 |
lang=HR></span></p> |
737 |
</td> |
738 |
<td width="20%" class="Normal"> |
739 |
<p align=right style='text-align:right'><span lang=HR |
740 |
style='font-size:10.0pt;font-family:Arial;color:navy'>60.8</span><span |
741 |
lang=HR></span></p> |
742 |
</td> |
743 |
<td width="20%" class="Normal"> |
744 |
<p align=right style='text-align:right'><span lang=HR |
745 |
style='font-size:10.0pt;font-family:Arial;color:navy'>53.1</span><span |
746 |
lang=HR></span></p> |
747 |
</td> |
748 |
</tr> |
749 |
<tr> |
750 |
<td width="31%" class="Normal"> |
751 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
752 |
color:navy'>Income after tax</span><span lang=HR></span></p> |
753 |
</td> |
754 |
<td width="14%" class="Normal"> |
755 |
<p align=right style='text-align:right'><span lang=HR |
756 |
style='font-size:10.0pt;font-family:Arial;color:navy'>706.4</span><span |
757 |
lang=HR></span></p> |
758 |
</td> |
759 |
<td width="20%" class="Normal"> |
760 |
<p align=right style='text-align:right'><span lang=HR |
761 |
style='font-size:10.0pt;font-family:Arial;color:navy'>879.0</span><span |
762 |
lang=HR></span></p> |
763 |
</td> |
764 |
<td width="20%" class="Normal"> |
765 |
<p align=right style='text-align:right'><span lang=HR |
766 |
style='font-size:10.0pt;font-family:Arial;color:navy'>111.0</span><span |
767 |
lang=HR></span></p> |
768 |
</td> |
769 |
<td width="20%" class="Normal"> |
770 |
<p align=right style='text-align:right'><span lang=HR |
771 |
style='font-size:10.0pt;font-family:Arial;color:navy'>123.5</span><span |
772 |
lang=HR></span></p> |
773 |
</td> |
774 |
</tr> |
775 |
<tr> |
776 |
<td width="31%" class="Normal"> |
777 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
778 |
color:navy'>Minority interests</span><span lang=HR></span></p> |
779 |
</td> |
780 |
<td width="14%" class="Normal"> |
781 |
<p align=right style='text-align:right'><span lang=HR |
782 |
style='font-size:10.0pt;font-family:Arial;color:navy'>17.6</span><span |
783 |
lang=HR></span></p> |
784 |
</td> |
785 |
<td width="20%" class="Normal"> |
786 |
<p align=right style='text-align:right'><span lang=HR |
787 |
style='font-size:10.0pt;font-family:Arial;color:navy'>9.9</span><span |
788 |
lang=HR></span></p> |
789 |
</td> |
790 |
<td width="20%" class="Normal"> |
791 |
<p align=right style='text-align:right'><span lang=HR |
792 |
style='font-size:10.0pt;font-family:Arial;color:navy'>2.8</span><span |
793 |
lang=HR></span></p> |
794 |
</td> |
795 |
<td width="20%" class="Normal"> |
796 |
<p align=right style='text-align:right'><span lang=HR |
797 |
style='font-size:10.0pt;font-family:Arial;color:navy'>1.4</span><span |
798 |
lang=HR></span></p> |
799 |
</td> |
800 |
</tr> |
801 |
<tr> |
802 |
<td width="31%" class="Normal"> |
803 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
804 |
color:navy'>Net income</span><span lang=HR></span></p> |
805 |
</td> |
806 |
<td width="14%" class="Normal"> |
807 |
<p align=right style='text-align:right'><span lang=HR |
808 |
style='font-size:10.0pt;font-family:Arial;color:navy'>688.8</span><span |
809 |
lang=HR></span></p> |
810 |
</td> |
811 |
<td width="20%" class="Normal"> |
812 |
<p align=right style='text-align:right'><span lang=HR |
813 |
style='font-size:10.0pt;font-family:Arial;color:navy'>869.1</span><span |
814 |
lang=HR></span></p> |
815 |
</td> |
816 |
<td width="20%" class="Normal"> |
817 |
<p align=right style='text-align:right'><span lang=HR |
818 |
style='font-size:10.0pt;font-family:Arial;color:navy'>108.3</span><span |
819 |
lang=HR></span></p> |
820 |
</td> |
821 |
<td width="20%" class="Normal"> |
822 |
<p align=right style='text-align:right'><span lang=HR |
823 |
style='font-size:10.0pt;font-family:Arial;color:navy'>122.2</span><span |
824 |
lang=HR></span></p> |
825 |
</td> |
826 |
</tr> |
827 |
<tr> |
828 |
<td width="31%" class="Normal"> |
829 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
830 |
color:navy'>*Depreciation</span><span lang=HR></span></p> |
831 |
</td> |
832 |
<td width="14%" class="Normal"> |
833 |
<p align=right style='text-align:right'><span lang=HR |
834 |
style='font-size:10.0pt;font-family:Arial;color:navy'>151.3</span><span |
835 |
lang=HR></span></p> |
836 |
</td> |
837 |
<td width="20%" class="Normal"> |
838 |
<p align=right style='text-align:right'><span lang=HR |
839 |
style='font-size:10.0pt;font-family:Arial;color:navy'>158.6</span><span |
840 |
lang=HR></span></p> |
841 |
</td> |
842 |
<td width="20%" class="Normal"> |
843 |
<p align=right style='text-align:right'><span lang=HR |
844 |
style='font-size:10.0pt;font-family:Arial;color:navy'>23.8</span><span |
845 |
lang=HR></span></p> |
846 |
</td> |
847 |
<td width="20%" class="Normal"> |
848 |
<p align=right style='text-align:right'><span lang=HR |
849 |
style='font-size:10.0pt;font-family:Arial;color:navy'>22.3</span><span |
850 |
lang=HR></span></p> |
851 |
</td> |
852 |
</tr> |
853 |
</table> |
854 |
<p><span lang=HR><br> |
855 |
</span><b><span lang=HR style='font-size:10.0pt;font-family:Arial;"Times New Roman";color:navy;layout-grid-mode:line'>Balance |
856 |
sheet</span></b><span |
857 |
lang=HR></span></p> |
858 |
<table border=0 cellspacing=0 cellpadding=0 width="104%"> |
859 |
<tr> |
860 |
<td width="31%" bgcolor="navy" class="Normal"> </td> |
861 |
<td width="34%" colspan=2 bgcolor="navy" class="Normal"> |
862 |
<p align=center style='text-align:center'><span lang=HR |
863 |
style='color:white'>HRK m</span><span lang=HR></span></p> |
864 |
</td> |
865 |
<td width="40%" colspan=2 bgcolor="navy" class="Normal"> |
866 |
<p align=center style='text-align:center'><span lang=HR |
867 |
style='color:white'>USD m</span><span lang=HR></span></p> |
868 |
</td> |
869 |
</tr> |
870 |
<tr> |
871 |
<td width="31%" class="Normal"> </td> |
872 |
<td width="34%" colspan=2 class="Normal"> |
873 |
<p align=center style='text-align:center'><span lang=HR |
874 |
style='font-size:10.0pt;font-family:Arial;color:navy'>31st December</span><span |
875 |
lang=HR></span></p> |
876 |
</td> |
877 |
<td width="40%" colspan=2 class="Normal"> |
878 |
<p align=center style='text-align:center'><span lang=HR |
879 |
style='font-size:10.0pt;font-family:Arial;color:navy'>31st December</span><span |
880 |
lang=HR></span></p> |
881 |
</td> |
882 |
</tr> |
883 |
<tr> |
884 |
<td width="31%" class="Normal"> </td> |
885 |
<td width="14%" class="Normal"> |
886 |
<p align=center style='text-align:center'><span lang=HR |
887 |
style='font-size:10.0pt;font-family:Arial;color:navy'>1998</span><span |
888 |
lang=HR></span></p> |
889 |
</td> |
890 |
<td width="20%" class="Normal"> |
891 |
<p align=center style='text-align:center'><span lang=HR |
892 |
style='font-size:10.0pt;font-family:Arial;color:navy'>1999</span><span |
893 |
lang=HR></span></p> |
894 |
</td> |
895 |
<td width="20%" class="Normal"> |
896 |
<p align=center style='text-align:center'><span lang=HR |
897 |
style='font-size:10.0pt;font-family:Arial;color:navy'>1998</span><span |
898 |
lang=HR></span></p> |
899 |
</td> |
900 |
<td width="20%" class="Normal"> |
901 |
<p align=center style='text-align:center'><span lang=HR |
902 |
style='font-size:10.0pt;font-family:Arial;color:navy'>1999</span><span |
903 |
lang=HR></span></p> |
904 |
</td> |
905 |
</tr> |
906 |
<tr> |
907 |
<td width="31%" class="Normal"> </td> |
908 |
<td width="14%" class="Normal"> </td> |
909 |
<td width="20%" class="Normal"> </td> |
910 |
<td width="20%" class="Normal"> </td> |
911 |
<td width="20%" class="Normal"> </td> |
912 |
</tr> |
913 |
<tr> |
914 |
<td width="31%" class="Normal"> |
915 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
916 |
color:navy'>ASSETS</span><span lang=HR></span></p> |
917 |
</td> |
918 |
<td width="14%" class="Normal"> </td> |
919 |
<td width="20%" class="Normal"> </td> |
920 |
<td width="20%" class="Normal"> </td> |
921 |
<td width="20%" class="Normal"> </td> |
922 |
</tr> |
923 |
<tr> |
924 |
<td width="31%" class="Normal"> |
925 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
926 |
color:navy'>Fixed Assets Goodwill</span><span lang=HR></span></p> |
927 |
</td> |
928 |
<td width="14%" class="Normal"> |
929 |
<p align=right style='text-align:right'><span lang=HR |
930 |
style='font-size:10.0pt;font-family:Arial;color:navy'>430.3</span><span |
931 |
lang=HR></span></p> |
932 |
</td> |
933 |
<td width="20%" class="Normal"> |
934 |
<p align=right style='text-align:right'><span lang=HR |
935 |
style='font-size:10.0pt;font-family:Arial;color:navy'>585.6</span><span |
936 |
lang=HR></span></p> |
937 |
</td> |
938 |
<td width="20%" class="Normal"> |
939 |
<p align=right style='text-align:right'><span lang=HR |
940 |
style='font-size:10.0pt;font-family:Arial;color:navy'>68.9</span><span |
941 |
lang=HR></span></p> |
942 |
</td> |
943 |
<td width="20%" class="Normal"> |
944 |
<p align=right style='text-align:right'><span lang=HR |
945 |
style='font-size:10.0pt;font-family:Arial;color:navy'>76.6</span><span |
946 |
lang=HR></span></p> |
947 |
</td> |
948 |
</tr> |
949 |
<tr> |
950 |
<td width="31%" class="Normal"> |
951 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
952 |
color:navy'>Investments</span><span lang=HR></span></p> |
953 |
</td> |
954 |
<td width="14%" class="Normal"> |
955 |
<p align=right style='text-align:right'><span lang=HR |
956 |
style='font-size:10.0pt;font-family:Arial;color:navy'>245.3</span><span |
957 |
lang=HR></span></p> |
958 |
</td> |
959 |
<td width="20%" class="Normal"> |
960 |
<p align=right style='text-align:right'><span lang=HR |
961 |
style='font-size:10.0pt;font-family:Arial;color:navy'>128.9</span><span |
962 |
lang=HR></span></p> |
963 |
</td> |
964 |
<td width="20%" class="Normal"> |
965 |
<p align=right style='text-align:right'><span lang=HR |
966 |
style='font-size:10.0pt;font-family:Arial;color:navy'>39.3</span><span |
967 |
lang=HR></span></p> |
968 |
</td> |
969 |
<td width="20%" class="Normal"> |
970 |
<p align=right style='text-align:right'><span lang=HR |
971 |
style='font-size:10.0pt;font-family:Arial;color:navy'>16.9</span><span |
972 |
lang=HR></span></p> |
973 |
</td> |
974 |
</tr> |
975 |
<tr> |
976 |
<td width="31%" class="Normal"> |
977 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
978 |
color:navy'>Long-term receivables</span><span lang=HR></span></p> |
979 |
</td> |
980 |
<td width="14%" class="Normal"> |
981 |
<p align=right style='text-align:right'><span lang=HR |
982 |
style='font-size:10.0pt;font-family:Arial;color:navy'>236.6</span><span |
983 |
lang=HR></span></p> |
984 |
</td> |
985 |
<td width="20%" class="Normal"> |
986 |
<p align=right style='text-align:right'><span lang=HR |
987 |
style='font-size:10.0pt;font-family:Arial;color:navy'>246.9</span><span |
988 |
lang=HR></span></p> |
989 |
</td> |
990 |
<td width="20%" class="Normal"> |
991 |
<p align=right style='text-align:right'><span lang=HR |
992 |
style='font-size:10.0pt;font-family:Arial;color:navy'>37.9</span><span |
993 |
lang=HR></span></p> |
994 |
</td> |
995 |
<td width="20%" class="Normal"> |
996 |
<p align=right style='text-align:right'><span lang=HR |
997 |
style='font-size:10.0pt;font-family:Arial;color:navy'>32.3</span><span |
998 |
lang=HR></span></p> |
999 |
</td> |
1000 |
</tr> |
1001 |
<tr> |
1002 |
<td width="31%" class="Normal"> |
1003 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
1004 |
color:navy'>Tangible fixed assets</span><span lang=HR></span></p> |
1005 |
</td> |
1006 |
<td width="14%" class="Normal"> |
1007 |
<p align=right style='text-align:right'><span lang=HR |
1008 |
style='font-size:10.0pt;font-family:Arial;color:navy'>2,252.2</span><span |
1009 |
lang=HR></span></p> |
1010 |
</td> |
1011 |
<td width="20%" class="Normal"> |
1012 |
<p align=right style='text-align:right'><span lang=HR |
1013 |
style='font-size:10.0pt;font-family:Arial;color:navy'>2,931.6</span><span |
1014 |
lang=HR></span></p> |
1015 |
</td> |
1016 |
<td width="20%" class="Normal"> |
1017 |
<p align=right style='text-align:right'><span lang=HR |
1018 |
style='font-size:10.0pt;font-family:Arial;color:navy'>360.5</span><span |
1019 |
lang=HR></span></p> |
1020 |
</td> |
1021 |
<td width="20%" class="Normal"> |
1022 |
<p align=right style='text-align:right'><span lang=HR |
1023 |
style='font-size:10.0pt;font-family:Arial;color:navy'>383.3</span><span |
1024 |
lang=HR></span></p> |
1025 |
</td> |
1026 |
</tr> |
1027 |
<tr> |
1028 |
<td width="31%" class="Normal"> |
1029 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
1030 |
color:navy'>Total non-current assets</span><span lang=HR></span></p> |
1031 |
</td> |
1032 |
<td width="14%" class="Normal"> |
1033 |
<p align=right style='text-align:right'><span lang=HR |
1034 |
style='font-size:10.0pt;font-family:Arial;color:navy'>3,164.4</span><span |
1035 |
lang=HR></span></p> |
1036 |
</td> |
1037 |
<td width="20%" class="Normal"> |
1038 |
<p align=right style='text-align:right'><span lang=HR |
1039 |
style='font-size:10.0pt;font-family:Arial;color:navy'>3,893.0</span><span |
1040 |
lang=HR></span></p> |
1041 |
</td> |
1042 |
<td width="20%" class="Normal"> |
1043 |
<p align=right style='text-align:right'><span lang=HR |
1044 |
style='font-size:10.0pt;font-family:Arial;color:navy'>506.5</span><span |
1045 |
lang=HR></span></p> |
1046 |
</td> |
1047 |
<td width="20%" class="Normal"> |
1048 |
<p align=right style='text-align:right'><span lang=HR |
1049 |
style='font-size:10.0pt;font-family:Arial;color:navy'>509.0</span><span |
1050 |
lang=HR></span></p> |
1051 |
</td> |
1052 |
</tr> |
1053 |
<tr> |
1054 |
<td width="31%" class="Normal"> |
1055 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
1056 |
color:navy'>Current assets Inventories</span><span lang=HR></span></p> |
1057 |
</td> |
1058 |
<td width="14%" class="Normal"> |
1059 |
<p align=right style='text-align:right'><span lang=HR |
1060 |
style='font-size:10.0pt;font-family:Arial;color:navy'>592.0</span><span |
1061 |
lang=HR></span></p> |
1062 |
</td> |
1063 |
<td width="20%" class="Normal"> |
1064 |
<p align=right style='text-align:right'><span lang=HR |
1065 |
style='font-size:10.0pt;font-family:Arial;color:navy'>763.6</span><span |
1066 |
lang=HR></span></p> |
1067 |
</td> |
1068 |
<td width="20%" class="Normal"> |
1069 |
<p align=right style='text-align:right'><span lang=HR |
1070 |
style='font-size:10.0pt;font-family:Arial;color:navy'>94.8</span><span |
1071 |
lang=HR></span></p> |
1072 |
</td> |
1073 |
<td width="20%" class="Normal"> |
1074 |
<p align=right style='text-align:right'><span lang=HR |
1075 |
style='font-size:10.0pt;font-family:Arial;color:navy'>99.8</span><span |
1076 |
lang=HR></span></p> |
1077 |
</td> |
1078 |
</tr> |
1079 |
<tr> |
1080 |
<td width="31%" class="Normal"> |
1081 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
1082 |
color:navy'>Marketable securities</span><span lang=HR></span></p> |
1083 |
</td> |
1084 |
<td width="14%" class="Normal"> |
1085 |
<p align=right style='text-align:right'><span lang=HR |
1086 |
style='font-size:10.0pt;font-family:Arial;color:navy'>196.0</span><span |
1087 |
lang=HR></span></p> |
1088 |
</td> |
1089 |
<td width="20%" class="Normal"> |
1090 |
<p align=right style='text-align:right'><span lang=HR |
1091 |
style='font-size:10.0pt;font-family:Arial;color:navy'>224.3</span><span |
1092 |
lang=HR></span></p> |
1093 |
</td> |
1094 |
<td width="20%" class="Normal"> |
1095 |
<p align=right style='text-align:right'><span lang=HR |
1096 |
style='font-size:10.0pt;font-family:Arial;color:navy'>31.4</span><span |
1097 |
lang=HR></span></p> |
1098 |
</td> |
1099 |
<td width="20%" class="Normal"> |
1100 |
<p align=right style='text-align:right'><span lang=HR |
1101 |
style='font-size:10.0pt;font-family:Arial;color:navy'>29.3</span><span |
1102 |
lang=HR></span></p> |
1103 |
</td> |
1104 |
</tr> |
1105 |
<tr> |
1106 |
<td width="31%" class="Normal"> |
1107 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
1108 |
color:navy'>Accounts receivable</span><span lang=HR></span></p> |
1109 |
</td> |
1110 |
<td width="14%" class="Normal"> |
1111 |
<p align=right style='text-align:right'><span lang=HR |
1112 |
style='font-size:10.0pt;font-family:Arial;color:navy'>1,146.3</span><span |
1113 |
lang=HR></span></p> |
1114 |
</td> |
1115 |
<td width="20%" class="Normal"> |
1116 |
<p align=right style='text-align:right'><span lang=HR |
1117 |
style='font-size:10.0pt;font-family:Arial;color:navy'>1,594.5</span><span |
1118 |
lang=HR></span></p> |
1119 |
</td> |
1120 |
<td width="20%" class="Normal"> |
1121 |
<p align=right style='text-align:right'><span lang=HR |
1122 |
style='font-size:10.0pt;font-family:Arial;color:navy'>183.5</span><span |
1123 |
lang=HR></span></p> |
1124 |
</td> |
1125 |
<td width="20%" class="Normal"> |
1126 |
<p align=right style='text-align:right'><span lang=HR |
1127 |
style='font-size:10.0pt;font-family:Arial;color:navy'>208.5</span><span |
1128 |
lang=HR></span></p> |
1129 |
</td> |
1130 |
</tr> |
1131 |
<tr> |
1132 |
<td width="31%" class="Normal"> |
1133 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
1134 |
color:navy'>Short-term loans</span><span lang=HR></span></p> |
1135 |
</td> |
1136 |
<td width="14%" class="Normal"> |
1137 |
<p align=right style='text-align:right'><span lang=HR |
1138 |
style='font-size:10.0pt;font-family:Arial;color:navy'>83.5</span><span |
1139 |
lang=HR></span></p> |
1140 |
</td> |
1141 |
<td width="20%" class="Normal"> |
1142 |
<p align=right style='text-align:right'><span lang=HR |
1143 |
style='font-size:10.0pt;font-family:Arial;color:navy'>145.7</span><span |
1144 |
lang=HR></span></p> |
1145 |
</td> |
1146 |
<td width="20%" class="Normal"> |
1147 |
<p align=right style='text-align:right'><span lang=HR |
1148 |
style='font-size:10.0pt;font-family:Arial;color:navy'>13.4</span><span |
1149 |
lang=HR></span></p> |
1150 |
</td> |
1151 |
<td width="20%" class="Normal"> |
1152 |
<p align=right style='text-align:right'><span lang=HR |
1153 |
style='font-size:10.0pt;font-family:Arial;color:navy'>19.1</span><span |
1154 |
lang=HR></span></p> |
1155 |
</td> |
1156 |
</tr> |
1157 |
<tr> |
1158 |
<td width="31%" class="Normal"> |
1159 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
1160 |
color:navy'>Cash and cash equivalents</span><span lang=HR></span></p> |
1161 |
</td> |
1162 |
<td width="14%" class="Normal"> |
1163 |
<p align=right style='text-align:right'><span lang=HR |
1164 |
style='font-size:10.0pt;font-family:Arial;color:navy'>164.1</span><span |
1165 |
lang=HR></span></p> |
1166 |
</td> |
1167 |
<td width="20%" class="Normal"> |
1168 |
<p align=right style='text-align:right'><span lang=HR |
1169 |
style='font-size:10.0pt;font-family:Arial;color:navy'>383.4</span><span |
1170 |
lang=HR></span></p> |
1171 |
</td> |
1172 |
<td width="20%" class="Normal"> |
1173 |
<p align=right style='text-align:right'><span lang=HR |
1174 |
style='font-size:10.0pt;font-family:Arial;color:navy'>26.3</span><span |
1175 |
lang=HR></span></p> |
1176 |
</td> |
1177 |
<td width="20%" class="Normal"> |
1178 |
<p align=right style='text-align:right'><span lang=HR |
1179 |
style='font-size:10.0pt;font-family:Arial;color:navy'>50.1</span><span |
1180 |
lang=HR></span></p> |
1181 |
</td> |
1182 |
</tr> |
1183 |
<tr> |
1184 |
<td width="31%" class="Normal"> |
1185 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
1186 |
color:navy'>Total current assets</span><span lang=HR></span></p> |
1187 |
</td> |
1188 |
<td width="14%" class="Normal"> |
1189 |
<p align=right style='text-align:right'><span lang=HR |
1190 |
style='font-size:10.0pt;font-family:Arial;color:navy'>2,181.9</span><span |
1191 |
lang=HR></span></p> |
1192 |
</td> |
1193 |
<td width="20%" class="Normal"> |
1194 |
<p align=right style='text-align:right'><span lang=HR |
1195 |
style='font-size:10.0pt;font-family:Arial;color:navy'>3,111.5</span><span |
1196 |
lang=HR></span></p> |
1197 |
</td> |
1198 |
<td width="20%" class="Normal"> |
1199 |
<p align=right style='text-align:right'><span lang=HR |
1200 |
style='font-size:10.0pt;font-family:Arial;color:navy'>349.2</span><span |
1201 |
lang=HR></span></p> |
1202 |
</td> |
1203 |
<td width="20%" class="Normal"> |
1204 |
<p align=right style='text-align:right'><span lang=HR |
1205 |
style='font-size:10.0pt;font-family:Arial;color:navy'>406.9</span><span |
1206 |
lang=HR></span></p> |
1207 |
</td> |
1208 |
</tr> |
1209 |
<tr> |
1210 |
<td width="31%" class="Normal"> |
1211 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
1212 |
color:navy'>Total assets</span><span lang=HR></span></p> |
1213 |
</td> |
1214 |
<td width="14%" class="Normal"> |
1215 |
<p align=right style='text-align:right'><span lang=HR |
1216 |
style='font-size:10.0pt;font-family:Arial;color:navy'>5,346.3</span><span |
1217 |
lang=HR></span></p> |
1218 |
</td> |
1219 |
<td width="20%" class="Normal"> |
1220 |
<p align=right style='text-align:right'><span lang=HR |
1221 |
style='font-size:10.0pt;font-family:Arial;color:navy'>7,004.5</span><span |
1222 |
lang=HR></span></p> |
1223 |
</td> |
1224 |
<td width="20%" class="Normal"> |
1225 |
<p align=right style='text-align:right'><span lang=HR |
1226 |
style='font-size:10.0pt;font-family:Arial;color:navy'>855.8</span><span |
1227 |
lang=HR></span></p> |
1228 |
</td> |
1229 |
<td width="20%" class="Normal"> |
1230 |
<p align=right style='text-align:right'><span lang=HR |
1231 |
style='font-size:10.0pt;font-family:Arial;color:navy'>915.9</span><span |
1232 |
lang=HR></span></p> |
1233 |
</td> |
1234 |
</tr> |
1235 |
<tr> |
1236 |
<td width="31%" class="Normal"> </td> |
1237 |
<td width="14%" class="Normal"> </td> |
1238 |
<td width="20%" class="Normal"> </td> |
1239 |
<td width="20%" class="Normal"> </td> |
1240 |
<td width="20%" class="Normal"> </td> |
1241 |
</tr> |
1242 |
<tr> |
1243 |
<td width="105%" colspan=5 class="Normal"> |
1244 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
1245 |
color:navy'>LIABILITIES AND SHAREHOLDERS' EQUITY</span><span lang=HR></span></p> |
1246 |
</td> |
1247 |
</tr> |
1248 |
<tr> |
1249 |
<td width="105%" colspan=5 class="Normal"> </td> |
1250 |
</tr> |
1251 |
<tr> |
1252 |
<td width="31%" class="Normal"> |
1253 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
1254 |
color:navy'>Long-term liabilities</span><span lang=HR></span></p> |
1255 |
</td> |
1256 |
<td width="14%" class="Normal"> </td> |
1257 |
<td width="20%" class="Normal"> </td> |
1258 |
<td width="20%" class="Normal"> </td> |
1259 |
<td width="20%" class="Normal"> </td> |
1260 |
</tr> |
1261 |
<tr> |
1262 |
<td width="31%" class="Normal"> |
1263 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
1264 |
color:navy'>Long-term debt</span><span lang=HR></span></p> |
1265 |
</td> |
1266 |
<td width="14%" class="Normal"> |
1267 |
<p align=right style='text-align:right'><span lang=HR |
1268 |
style='font-size:10.0pt;font-family:Arial;color:navy'>711.0</span><span |
1269 |
lang=HR></span></p> |
1270 |
</td> |
1271 |
<td width="20%" class="Normal"> |
1272 |
<p align=right style='text-align:right'><span lang=HR |
1273 |
style='font-size:10.0pt;font-family:Arial;color:navy'>957.6</span><span |
1274 |
lang=HR></span></p> |
1275 |
</td> |
1276 |
<td width="20%" class="Normal"> |
1277 |
<p align=right style='text-align:right'><span lang=HR |
1278 |
style='font-size:10.0pt;font-family:Arial;color:navy'>113.8</span><span |
1279 |
lang=HR></span></p> |
1280 |
</td> |
1281 |
<td width="20%" class="Normal"> |
1282 |
<p align=right style='text-align:right'><span lang=HR |
1283 |
style='font-size:10.0pt;font-family:Arial;color:navy'>125.2</span><span |
1284 |
lang=HR></span></p> |
1285 |
</td> |
1286 |
</tr> |
1287 |
<tr> |
1288 |
<td width="31%" class="Normal"> |
1289 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
1290 |
color:navy'>Long-term provisions</span><span lang=HR></span></p> |
1291 |
</td> |
1292 |
<td width="14%" class="Normal"> |
1293 |
<p align=right style='text-align:right'><span lang=HR |
1294 |
style='font-size:10.0pt;font-family:Arial;color:navy'>22.3</span><span |
1295 |
lang=HR></span></p> |
1296 |
</td> |
1297 |
<td width="20%" class="Normal"> |
1298 |
<p align=right style='text-align:right'><span lang=HR |
1299 |
style='font-size:10.0pt;font-family:Arial;color:navy'>28.3</span><span |
1300 |
lang=HR></span></p> |
1301 |
</td> |
1302 |
<td width="20%" class="Normal"> |
1303 |
<p align=right style='text-align:right'><span lang=HR |
1304 |
style='font-size:10.0pt;font-family:Arial;color:navy'>3.6</span><span |
1305 |
lang=HR></span></p> |
1306 |
</td> |
1307 |
<td width="20%" class="Normal"> |
1308 |
<p align=right style='text-align:right'><span lang=HR |
1309 |
style='font-size:10.0pt;font-family:Arial;color:navy'>3.7</span><span |
1310 |
lang=HR></span></p> |
1311 |
</td> |
1312 |
</tr> |
1313 |
<tr> |
1314 |
<td width="31%" class="Normal"> |
1315 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
1316 |
color:navy'>Total long-term liabilities</span><span lang=HR></span></p> |
1317 |
</td> |
1318 |
<td width="14%" class="Normal"> |
1319 |
<p align=right style='text-align:right'><span lang=HR |
1320 |
style='font-size:10.0pt;font-family:Arial;color:navy'>733.3</span><span |
1321 |
lang=HR></span></p> |
1322 |
</td> |
1323 |
<td width="20%" class="Normal"> |
1324 |
<p align=right style='text-align:right'><span lang=HR |
1325 |
style='font-size:10.0pt;font-family:Arial;color:navy'>985.9</span><span |
1326 |
lang=HR></span></p> |
1327 |
</td> |
1328 |
<td width="20%" class="Normal"> |
1329 |
<p align=right style='text-align:right'><span lang=HR |
1330 |
style='font-size:10.0pt;font-family:Arial;color:navy'>117.4</span><span |
1331 |
lang=HR></span></p> |
1332 |
</td> |
1333 |
<td width="20%" class="Normal"> |
1334 |
<p align=right style='text-align:right'><span lang=HR |
1335 |
style='font-size:10.0pt;font-family:Arial;color:navy'>128.9</span><span |
1336 |
lang=HR></span></p> |
1337 |
</td> |
1338 |
</tr> |
1339 |
<tr> |
1340 |
<td width="31%" class="Normal"> |
1341 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
1342 |
color:navy'>Current liabilities Accounts payable</span><span lang=HR></span></p> |
1343 |
</td> |
1344 |
<td width="14%" class="Normal"> |
1345 |
<p align=right style='text-align:right'><span lang=HR |
1346 |
style='font-size:10.0pt;font-family:Arial;color:navy'>455.8</span><span |
1347 |
lang=HR></span></p> |
1348 |
</td> |
1349 |
<td width="20%" class="Normal"> |
1350 |
<p align=right style='text-align:right'><span lang=HR |
1351 |
style='font-size:10.0pt;font-family:Arial;color:navy'>536.5</span><span |
1352 |
lang=HR></span></p> |
1353 |
</td> |
1354 |
<td width="20%" class="Normal"> |
1355 |
<p align=right style='text-align:right'><span lang=HR |
1356 |
style='font-size:10.0pt;font-family:Arial;color:navy'>73.0</span><span |
1357 |
lang=HR></span></p> |
1358 |
</td> |
1359 |
<td width="20%" class="Normal"> |
1360 |
<p align=right style='text-align:right'><span lang=HR |
1361 |
style='font-size:10.0pt;font-family:Arial;color:navy'>70.2</span><span |
1362 |
lang=HR></span></p> |
1363 |
</td> |
1364 |
</tr> |
1365 |
<tr> |
1366 |
<td width="31%" class="Normal"> |
1367 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
1368 |
color:navy'>Bank loans</span><span lang=HR></span></p> |
1369 |
</td> |
1370 |
<td width="14%" class="Normal"> |
1371 |
<p align=right style='text-align:right'><span lang=HR |
1372 |
style='font-size:10.0pt;font-family:Arial;color:navy'>250.1</span><span |
1373 |
lang=HR></span></p> |
1374 |
</td> |
1375 |
<td width="20%" class="Normal"> |
1376 |
<p align=right style='text-align:right'><span lang=HR |
1377 |
style='font-size:10.0pt;font-family:Arial;color:navy'>582.7</span><span |
1378 |
lang=HR></span></p> |
1379 |
</td> |
1380 |
<td width="20%" class="Normal"> |
1381 |
<p align=right style='text-align:right'><span lang=HR |
1382 |
style='font-size:10.0pt;font-family:Arial;color:navy'>40.0</span><span |
1383 |
lang=HR></span></p> |
1384 |
</td> |
1385 |
<td width="20%" class="Normal"> |
1386 |
<p align=right style='text-align:right'><span lang=HR |
1387 |
style='font-size:10.0pt;font-family:Arial;color:navy'>76.2</span><span |
1388 |
lang=HR></span></p> |
1389 |
</td> |
1390 |
</tr> |
1391 |
<tr> |
1392 |
<td width="31%" class="Normal"> |
1393 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
1394 |
color:navy'>Commercial papers</span><span lang=HR></span></p> |
1395 |
</td> |
1396 |
<td width="14%" class="Normal"> |
1397 |
<p align=right style='text-align:right'><span lang=HR |
1398 |
style='font-size:10.0pt;font-family:Arial;color:navy'>82.0</span><span |
1399 |
lang=HR></span></p> |
1400 |
</td> |
1401 |
<td width="20%" class="Normal"> |
1402 |
<p align=right style='text-align:right'><span lang=HR |
1403 |
style='font-size:10.0pt;font-family:Arial;color:navy'>206.7</span><span |
1404 |
lang=HR></span></p> |
1405 |
</td> |
1406 |
<td width="20%" class="Normal"> |
1407 |
<p align=right style='text-align:right'><span lang=HR |
1408 |
style='font-size:10.0pt;font-family:Arial;color:navy'>13.1</span><span |
1409 |
lang=HR></span></p> |
1410 |
</td> |
1411 |
<td width="20%" class="Normal"> |
1412 |
<p align=right style='text-align:right'><span lang=HR |
1413 |
style='font-size:10.0pt;font-family:Arial;color:navy'>27.0</span><span |
1414 |
lang=HR></span></p> |
1415 |
</td> |
1416 |
</tr> |
1417 |
<tr> |
1418 |
<td width="31%" class="Normal"> |
1419 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
1420 |
color:navy'>Taxes and contributions</span><span lang=HR></span></p> |
1421 |
</td> |
1422 |
<td width="14%" class="Normal"> |
1423 |
<p align=right style='text-align:right'><span lang=HR |
1424 |
style='font-size:10.0pt;font-family:Arial;color:navy'>6.4</span><span |
1425 |
lang=HR></span></p> |
1426 |
</td> |
1427 |
<td width="20%" class="Normal"> |
1428 |
<p align=right style='text-align:right'><span lang=HR |
1429 |
style='font-size:10.0pt;font-family:Arial;color:navy'>14.5</span><span |
1430 |
lang=HR></span></p> |
1431 |
</td> |
1432 |
<td width="20%" class="Normal"> |
1433 |
<p align=right style='text-align:right'><span lang=HR |
1434 |
style='font-size:10.0pt;font-family:Arial;color:navy'>1.0</span><span |
1435 |
lang=HR></span></p> |
1436 |
</td> |
1437 |
<td width="20%" class="Normal"> |
1438 |
<p align=right style='text-align:right'><span lang=HR |
1439 |
style='font-size:10.0pt;font-family:Arial;color:navy'>1.9</span><span |
1440 |
lang=HR></span></p> |
1441 |
</td> |
1442 |
</tr> |
1443 |
<tr> |
1444 |
<td width="31%" class="Normal"> |
1445 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
1446 |
color:navy'>Current portion of long-term debt</span><span lang=HR></span></p> |
1447 |
</td> |
1448 |
<td width="14%" class="Normal"> |
1449 |
<p align=right style='text-align:right'><span lang=HR |
1450 |
style='font-size:10.0pt;font-family:Arial;color:navy'>51.6</span><span |
1451 |
lang=HR></span></p> |
1452 |
</td> |
1453 |
<td width="20%" class="Normal"> |
1454 |
<p align=right style='text-align:right'><span lang=HR |
1455 |
style='font-size:10.0pt;font-family:Arial;color:navy'>124.8</span><span |
1456 |
lang=HR></span></p> |
1457 |
</td> |
1458 |
<td width="20%" class="Normal"> |
1459 |
<p align=right style='text-align:right'><span lang=HR |
1460 |
style='font-size:10.0pt;font-family:Arial;color:navy'>8.3</span><span |
1461 |
lang=HR></span></p> |
1462 |
</td> |
1463 |
<td width="20%" class="Normal"> |
1464 |
<p align=right style='text-align:right'><span lang=HR |
1465 |
style='font-size:10.0pt;font-family:Arial;color:navy'>16.3</span><span |
1466 |
lang=HR></span></p> |
1467 |
</td> |
1468 |
</tr> |
1469 |
<tr> |
1470 |
<td width="31%" class="Normal"> |
1471 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
1472 |
color:navy'>Total current liabilities</span><span lang=HR></span></p> |
1473 |
</td> |
1474 |
<td width="14%" class="Normal"> |
1475 |
<p align=right style='text-align:right'><span lang=HR |
1476 |
style='font-size:10.0pt;font-family:Arial;color:navy'>845.9</span><span |
1477 |
lang=HR></span></p> |
1478 |
</td> |
1479 |
<td width="20%" class="Normal"> |
1480 |
<p align=right style='text-align:right'><span lang=HR |
1481 |
style='font-size:10.0pt;font-family:Arial;color:navy'>1,465.2</span><span |
1482 |
lang=HR></span></p> |
1483 |
</td> |
1484 |
<td width="20%" class="Normal"> |
1485 |
<p align=right style='text-align:right'><span lang=HR |
1486 |
style='font-size:10.0pt;font-family:Arial;color:navy'>135.4</span><span |
1487 |
lang=HR></span></p> |
1488 |
</td> |
1489 |
<td width="20%" class="Normal"> |
1490 |
<p align=right style='text-align:right'><span lang=HR |
1491 |
style='font-size:10.0pt;font-family:Arial;color:navy'>191.6</span><span |
1492 |
lang=HR></span></p> |
1493 |
</td> |
1494 |
</tr> |
1495 |
<tr> |
1496 |
<td width="31%" class="Normal"> |
1497 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
1498 |
color:navy'>Total liabilities</span><span lang=HR></span></p> |
1499 |
</td> |
1500 |
<td width="14%" class="Normal"> |
1501 |
<p align=right style='text-align:right'><span lang=HR |
1502 |
style='font-size:10.0pt;font-family:Arial;color:navy'>1,579.2</span><span |
1503 |
lang=HR></span></p> |
1504 |
</td> |
1505 |
<td width="20%" class="Normal"> |
1506 |
<p align=right style='text-align:right'><span lang=HR |
1507 |
style='font-size:10.0pt;font-family:Arial;color:navy'>2,451.1</span><span |
1508 |
lang=HR></span></p> |
1509 |
</td> |
1510 |
<td width="20%" class="Normal"> |
1511 |
<p align=right style='text-align:right'><span lang=HR |
1512 |
style='font-size:10.0pt;font-family:Arial;color:navy'>252.8</span><span |
1513 |
lang=HR></span></p> |
1514 |
</td> |
1515 |
<td width="20%" class="Normal"> |
1516 |
<p align=right style='text-align:right'><span lang=HR |
1517 |
style='font-size:10.0pt;font-family:Arial;color:navy'>320.5</span><span |
1518 |
lang=HR></span></p> |
1519 |
</td> |
1520 |
</tr> |
1521 |
<tr> |
1522 |
<td width="31%" class="Normal"> |
1523 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
1524 |
color:navy'>Shareholders' equity Share capital</span><span lang=HR></span></p> |
1525 |
</td> |
1526 |
<td width="14%" class="Normal"> |
1527 |
<p align=right style='text-align:right'><span lang=HR |
1528 |
style='font-size:10.0pt;font-family:Arial;color:navy'>2,020.9</span><span |
1529 |
lang=HR></span></p> |
1530 |
</td> |
1531 |
<td width="20%" class="Normal"> |
1532 |
<p align=right style='text-align:right'><span lang=HR |
1533 |
style='font-size:10.0pt;font-family:Arial;color:navy'>2,020.9</span><span |
1534 |
lang=HR></span></p> |
1535 |
</td> |
1536 |
<td width="20%" class="Normal"> |
1537 |
<p align=right style='text-align:right'><span lang=HR |
1538 |
style='font-size:10.0pt;font-family:Arial;color:navy'>323.5</span><span |
1539 |
lang=HR></span></p> |
1540 |
</td> |
1541 |
<td width="20%" class="Normal"> |
1542 |
<p align=right style='text-align:right'><span lang=HR |
1543 |
style='font-size:10.0pt;font-family:Arial;color:navy'>264.2</span><span |
1544 |
lang=HR></span></p> |
1545 |
</td> |
1546 |
</tr> |
1547 |
<tr> |
1548 |
<td width="31%" class="Normal"> |
1549 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
1550 |
color:navy'>Capital gain</span><span lang=HR></span></p> |
1551 |
</td> |
1552 |
<td width="14%" class="Normal"> |
1553 |
<p align=right style='text-align:right'><span lang=HR |
1554 |
style='font-size:10.0pt;font-family:Arial;color:navy'>23.5</span><span |
1555 |
lang=HR></span></p> |
1556 |
</td> |
1557 |
<td width="20%" class="Normal"> |
1558 |
<p align=right style='text-align:right'><span lang=HR |
1559 |
style='font-size:10.0pt;font-family:Arial;color:navy'>27.1</span><span |
1560 |
lang=HR></span></p> |
1561 |
</td> |
1562 |
<td width="20%" class="Normal"> |
1563 |
<p align=right style='text-align:right'><span lang=HR |
1564 |
style='font-size:10.0pt;font-family:Arial;color:navy'>3.8</span><span |
1565 |
lang=HR></span></p> |
1566 |
</td> |
1567 |
<td width="20%" class="Normal"> |
1568 |
<p align=right style='text-align:right'><span lang=HR |
1569 |
style='font-size:10.0pt;font-family:Arial;color:navy'>3.5</span><span |
1570 |
lang=HR></span></p> |
1571 |
</td> |
1572 |
</tr> |
1573 |
<tr> |
1574 |
<td width="31%" class="Normal"> |
1575 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
1576 |
color:navy'>Treasury shares</span><span lang=HR></span></p> |
1577 |
</td> |
1578 |
<td width="14%" class="Normal"> |
1579 |
<p align=right style='text-align:right'><span lang=HR |
1580 |
style='font-size:10.0pt;font-family:Arial;color:navy'>-55.8</span><span |
1581 |
lang=HR></span></p> |
1582 |
</td> |
1583 |
<td width="20%" class="Normal"> |
1584 |
<p align=right style='text-align:right'><span lang=HR |
1585 |
style='font-size:10.0pt;font-family:Arial;color:navy'>-53.4</span><span |
1586 |
lang=HR></span></p> |
1587 |
</td> |
1588 |
<td width="20%" class="Normal"> |
1589 |
<p align=right style='text-align:right'><span lang=HR |
1590 |
style='font-size:10.0pt;font-family:Arial;color:navy'>-8.9</span><span |
1591 |
lang=HR></span></p> |
1592 |
</td> |
1593 |
<td width="20%" class="Normal"> |
1594 |
<p align=right style='text-align:right'><span lang=HR |
1595 |
style='font-size:10.0pt;font-family:Arial;color:navy'>-7.0</span><span |
1596 |
lang=HR></span></p> |
1597 |
</td> |
1598 |
</tr> |
1599 |
<tr> |
1600 |
<td width="31%" class="Normal"> |
1601 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
1602 |
color:navy'>Capital reserves</span><span lang=HR></span></p> |
1603 |
</td> |
1604 |
<td width="14%" class="Normal"> |
1605 |
<p align=right style='text-align:right'><span lang=HR |
1606 |
style='font-size:10.0pt;font-family:Arial;color:navy'>60.8</span><span |
1607 |
lang=HR></span></p> |
1608 |
</td> |
1609 |
<td width="20%" class="Normal"> |
1610 |
<p align=right style='text-align:right'><span lang=HR |
1611 |
style='font-size:10.0pt;font-family:Arial;color:navy'>60.8</span><span |
1612 |
lang=HR></span></p> |
1613 |
</td> |
1614 |
<td width="20%" class="Normal"> |
1615 |
<p align=right style='text-align:right'><span lang=HR |
1616 |
style='font-size:10.0pt;font-family:Arial;color:navy'>9.7</span><span |
1617 |
lang=HR></span></p> |
1618 |
</td> |
1619 |
<td width="20%" class="Normal"> |
1620 |
<p align=right style='text-align:right'><span lang=HR |
1621 |
style='font-size:10.0pt;font-family:Arial;color:navy'>8.0</span><span |
1622 |
lang=HR></span></p> |
1623 |
</td> |
1624 |
</tr> |
1625 |
<tr> |
1626 |
<td width="31%" class="Normal"> |
1627 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
1628 |
color:navy'>Statutory reserves</span><span lang=HR></span></p> |
1629 |
</td> |
1630 |
<td width="14%" class="Normal"> |
1631 |
<p align=right style='text-align:right'><span lang=HR |
1632 |
style='font-size:10.0pt;font-family:Arial;color:navy'>98.7</span><span |
1633 |
lang=HR></span></p> |
1634 |
</td> |
1635 |
<td width="20%" class="Normal"> |
1636 |
<p align=right style='text-align:right'><span lang=HR |
1637 |
style='font-size:10.0pt;font-family:Arial;color:navy'>101.1</span><span |
1638 |
lang=HR></span></p> |
1639 |
</td> |
1640 |
<td width="20%" class="Normal"> |
1641 |
<p align=right style='text-align:right'><span lang=HR |
1642 |
style='font-size:10.0pt;font-family:Arial;color:navy'>15.8</span><span |
1643 |
lang=HR></span></p> |
1644 |
</td> |
1645 |
<td width="20%" class="Normal"> |
1646 |
<p align=right style='text-align:right'><span lang=HR |
1647 |
style='font-size:10.0pt;font-family:Arial;color:navy'>13.2</span><span |
1648 |
lang=HR></span></p> |
1649 |
</td> |
1650 |
</tr> |
1651 |
<tr> |
1652 |
<td width="31%" class="Normal"> |
1653 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
1654 |
color:navy'>Retained profit</span><span lang=HR></span></p> |
1655 |
</td> |
1656 |
<td width="14%" class="Normal"> |
1657 |
<p align=right style='text-align:right'><span lang=HR |
1658 |
style='font-size:10.0pt;font-family:Arial;color:navy'>1,514.6</span><span |
1659 |
lang=HR></span></p> |
1660 |
</td> |
1661 |
<td width="20%" class="Normal"> |
1662 |
<p align=right style='text-align:right'><span lang=HR |
1663 |
style='font-size:10.0pt;font-family:Arial;color:navy'>2,226.6</span><span |
1664 |
lang=HR></span></p> |
1665 |
</td> |
1666 |
<td width="20%" class="Normal"> |
1667 |
<p align=right style='text-align:right'><span lang=HR |
1668 |
style='font-size:10.0pt;font-family:Arial;color:navy'>242.4</span><span |
1669 |
lang=HR></span></p> |
1670 |
</td> |
1671 |
<td width="20%" class="Normal"> |
1672 |
<p align=right style='text-align:right'><span lang=HR |
1673 |
style='font-size:10.0pt;font-family:Arial;color:navy'>291.1</span><span |
1674 |
lang=HR></span></p> |
1675 |
</td> |
1676 |
</tr> |
1677 |
<tr> |
1678 |
<td width="31%" class="Normal"> |
1679 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
1680 |
color:navy'>Foreign currency translation differences</span><span lang=HR></span></p> |
1681 |
</td> |
1682 |
<td width="14%" class="Normal"> |
1683 |
<p align=right style='text-align:right'><span lang=HR |
1684 |
style='font-size:10.0pt;font-family:Arial;color:navy'>-8.1</span><span |
1685 |
lang=HR></span></p> |
1686 |
</td> |
1687 |
<td width="20%" class="Normal"> |
1688 |
<p align=right style='text-align:right'><span lang=HR |
1689 |
style='font-size:10.0pt;font-family:Arial;color:navy'>14.1</span><span |
1690 |
lang=HR></span></p> |
1691 |
</td> |
1692 |
<td width="20%" class="Normal"> |
1693 |
<p align=right style='text-align:right'><span lang=HR |
1694 |
style='font-size:10.0pt;font-family:Arial;color:navy'>-1.3</span><span |
1695 |
lang=HR></span></p> |
1696 |
</td> |
1697 |
<td width="20%" class="Normal"> |
1698 |
<p align=right style='text-align:right'><span lang=HR |
1699 |
style='font-size:10.0pt;font-family:Arial;color:navy'>1.8</span><span |
1700 |
lang=HR></span></p> |
1701 |
</td> |
1702 |
</tr> |
1703 |
<tr> |
1704 |
<td width="31%" class="Normal"> |
1705 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
1706 |
color:navy'>Total shareholders' equity</span><span lang=HR></span></p> |
1707 |
</td> |
1708 |
<td width="14%" class="Normal"> |
1709 |
<p align=right style='text-align:right'><span lang=HR |
1710 |
style='font-size:10.0pt;font-family:Arial;color:navy'>3,654.6</span><span |
1711 |
lang=HR></span></p> |
1712 |
</td> |
1713 |
<td width="20%" class="Normal"> |
1714 |
<p align=right style='text-align:right'><span lang=HR |
1715 |
style='font-size:10.0pt;font-family:Arial;color:navy'>4,397.2</span><span |
1716 |
lang=HR></span></p> |
1717 |
</td> |
1718 |
<td width="20%" class="Normal"> |
1719 |
<p align=right style='text-align:right'><span lang=HR |
1720 |
style='font-size:10.0pt;font-family:Arial;color:navy'>585.0</span><span |
1721 |
lang=HR></span></p> |
1722 |
</td> |
1723 |
<td width="20%" class="Normal"> |
1724 |
<p align=right style='text-align:right'><span lang=HR |
1725 |
style='font-size:10.0pt;font-family:Arial;color:navy'>575.0</span><span |
1726 |
lang=HR></span></p> |
1727 |
</td> |
1728 |
</tr> |
1729 |
<tr> |
1730 |
<td width="31%" class="Normal"> |
1731 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
1732 |
color:navy'>Minority interests</span><span lang=HR></span></p> |
1733 |
</td> |
1734 |
<td width="14%" class="Normal"> |
1735 |
<p align=right style='text-align:right'><span lang=HR |
1736 |
style='font-size:10.0pt;font-family:Arial;color:navy'>112.5</span><span |
1737 |
lang=HR></span></p> |
1738 |
</td> |
1739 |
<td width="20%" class="Normal"> |
1740 |
<p align=right style='text-align:right'><span lang=HR |
1741 |
style='font-size:10.0pt;font-family:Arial;color:navy'>156.2</span><span |
1742 |
lang=HR></span></p> |
1743 |
</td> |
1744 |
<td width="20%" class="Normal"> |
1745 |
<p align=right style='text-align:right'><span lang=HR |
1746 |
style='font-size:10.0pt;font-family:Arial;color:navy'>18.0</span><span |
1747 |
lang=HR></span></p> |
1748 |
</td> |
1749 |
<td width="20%" class="Normal"> |
1750 |
<p align=right style='text-align:right'><span lang=HR |
1751 |
style='font-size:10.0pt;font-family:Arial;color:navy'>20.4</span><span |
1752 |
lang=HR></span></p> |
1753 |
</td> |
1754 |
</tr> |
1755 |
<tr> |
1756 |
<td width="31%" class="Normal"> |
1757 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
1758 |
color:navy'>Total liabilities and shareholder's equity</span><span lang=HR></span></p> |
1759 |
</td> |
1760 |
<td width="14%" class="Normal"> |
1761 |
<p align=right style='text-align:right'><span lang=HR |
1762 |
style='font-size:10.0pt;font-family:Arial;color:navy'>5,346.3</span><span |
1763 |
lang=HR></span></p> |
1764 |
</td> |
1765 |
<td width="20%" class="Normal"> |
1766 |
<p align=right style='text-align:right'><span lang=HR |
1767 |
style='font-size:10.0pt;font-family:Arial;color:navy'>7,004.5</span><span |
1768 |
lang=HR></span></p> |
1769 |
</td> |
1770 |
<td width="20%" class="Normal"> |
1771 |
<p align=right style='text-align:right'><span lang=HR |
1772 |
style='font-size:10.0pt;font-family:Arial;color:navy'>855.8</span><span |
1773 |
lang=HR></span></p> |
1774 |
</td> |
1775 |
<td width="20%" class="Normal"> |
1776 |
<p align=right style='text-align:right'><span lang=HR |
1777 |
style='font-size:10.0pt;font-family:Arial;color:navy'>915.9</span><span |
1778 |
lang=HR></span></p> |
1779 |
</td> |
1780 |
</tr> |
1781 |
</table> |
1782 |
<p><span lang=HR><br> |
1783 |
</span><b><span lang=HR style='font-size:10.0pt;font-family:Arial;"Times New Roman";color:navy;layout-grid-mode:line'>Consolidated |
1784 |
Cash Flow Statement</span></b><span lang=HR></span></p> |
1785 |
<table border=0 cellspacing=0 cellpadding=0 width="104%"> |
1786 |
<tr> |
1787 |
<td width="31%" bgcolor="navy" class="Normal"> </td> |
1788 |
<td width="34%" colspan=2 bgcolor="navy" class="Normal"> |
1789 |
<p align=center style='text-align:center'><span lang=HR |
1790 |
style='color:white'>HRK m</span><span lang=HR></span></p> |
1791 |
</td> |
1792 |
<td width="40%" colspan=2 bgcolor="navy" class="Normal"> |
1793 |
<p align=center style='text-align:center'><span lang=HR |
1794 |
style='color:white'>USD m</span><span lang=HR></span></p> |
1795 |
</td> |
1796 |
</tr> |
1797 |
<tr> |
1798 |
<td width="31%" class="Normal"> </td> |
1799 |
<td width="14%" class="Normal"> |
1800 |
<p align=center style='text-align:center'><span lang=HR |
1801 |
style='font-size:10.0pt;font-family:Arial;color:navy'>1998</span><span |
1802 |
lang=HR></span></p> |
1803 |
</td> |
1804 |
<td width="20%" class="Normal"> |
1805 |
<p align=center style='text-align:center'><span lang=HR |
1806 |
style='font-size:10.0pt;font-family:Arial;color:navy'>1999</span><span |
1807 |
lang=HR></span></p> |
1808 |
</td> |
1809 |
<td width="20%" class="Normal"> |
1810 |
<p align=center style='text-align:center'><span lang=HR |
1811 |
style='font-size:10.0pt;font-family:Arial;color:navy'>1998</span><span |
1812 |
lang=HR></span></p> |
1813 |
</td> |
1814 |
<td width="20%" class="Normal"> |
1815 |
<p align=center style='text-align:center'><span lang=HR |
1816 |
style='font-size:10.0pt;font-family:Arial;color:navy'>1999</span><span |
1817 |
lang=HR></span></p> |
1818 |
</td> |
1819 |
</tr> |
1820 |
<tr> |
1821 |
<td width="31%" class="Normal"> |
1822 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
1823 |
color:navy'>CASH FLOW FROM OPERATING ACTIVITIES</span><span lang=HR></span></p> |
1824 |
</td> |
1825 |
<td width="14%" class="Normal"> |
1826 |
<p align=right style='text-align:right'><span lang=HR |
1827 |
style='font-size:10.0pt;font-family:Arial;color:navy'>259.3 </span><span |
1828 |
lang=HR></span></p> |
1829 |
</td> |
1830 |
<td width="20%" class="Normal"> |
1831 |
<p align=right style='text-align:right'><span lang=HR |
1832 |
style='font-size:10.0pt;font-family:Arial;color:navy'> 759.5</span><span |
1833 |
lang=HR></span></p> |
1834 |
</td> |
1835 |
<td width="20%" class="Normal"> |
1836 |
<p align=right style='text-align:right'><span lang=HR |
1837 |
style='font-size:10.0pt;font-family:Arial;color:navy'> 40.8</span><span |
1838 |
lang=HR></span></p> |
1839 |
</td> |
1840 |
<td width="20%" class="Normal"> |
1841 |
<p align=right style='text-align:right'><span lang=HR |
1842 |
style='font-size:10.0pt;font-family:Arial;color:navy'>106.8</span><span |
1843 |
lang=HR></span></p> |
1844 |
</td> |
1845 |
</tr> |
1846 |
<tr> |
1847 |
<td width="31%" class="Normal"> |
1848 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
1849 |
color:navy'>Cash receipts from customers</span><span lang=HR></span></p> |
1850 |
</td> |
1851 |
<td width="14%" class="Normal"> |
1852 |
<p align=right style='text-align:right'><span lang=HR |
1853 |
style='font-size:10.0pt;font-family:Arial;color:navy'>3,000.0</span><span |
1854 |
lang=HR></span></p> |
1855 |
</td> |
1856 |
<td width="20%" class="Normal"> |
1857 |
<p align=right style='text-align:right'><span lang=HR |
1858 |
style='font-size:10.0pt;font-family:Arial;color:navy'>3,688.1</span><span |
1859 |
lang=HR></span></p> |
1860 |
</td> |
1861 |
<td width="20%" class="Normal"> |
1862 |
<p align=right style='text-align:right'><span lang=HR |
1863 |
style='font-size:10.0pt;font-family:Arial;color:navy'>471.5</span><span |
1864 |
lang=HR></span></p> |
1865 |
</td> |
1866 |
<td width="20%" class="Normal"> |
1867 |
<p align=right style='text-align:right'><span lang=HR |
1868 |
style='font-size:10.0pt;font-family:Arial;color:navy'>518.4</span><span |
1869 |
lang=HR></span></p> |
1870 |
</td> |
1871 |
</tr> |
1872 |
<tr> |
1873 |
<td width="31%" class="Normal"> |
1874 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
1875 |
color:navy'>Cash paid to suppliers and employees</span><span lang=HR></span></p> |
1876 |
</td> |
1877 |
<td width="14%" class="Normal"> |
1878 |
<p align=right style='text-align:right'><span lang=HR |
1879 |
style='font-size:10.0pt;font-family:Arial;color:navy'>-2,211.8</span><span |
1880 |
lang=HR></span></p> |
1881 |
</td> |
1882 |
<td width="20%" class="Normal"> |
1883 |
<p align=right style='text-align:right'><span lang=HR |
1884 |
style='font-size:10.0pt;font-family:Arial;color:navy'>-2,477.1</span><span |
1885 |
lang=HR></span></p> |
1886 |
</td> |
1887 |
<td width="20%" class="Normal"> |
1888 |
<p align=right style='text-align:right'><span lang=HR |
1889 |
style='font-size:10.0pt;font-family:Arial;color:navy'>-347.7</span><span |
1890 |
lang=HR></span></p> |
1891 |
</td> |
1892 |
<td width="20%" class="Normal"> |
1893 |
<p align=right style='text-align:right'><span lang=HR |
1894 |
style='font-size:10.0pt;font-family:Arial;color:navy'>-348.2</span><span |
1895 |
lang=HR></span></p> |
1896 |
</td> |
1897 |
</tr> |
1898 |
<tr> |
1899 |
<td width="31%" class="Normal"> |
1900 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
1901 |
color:navy'>Cash generated from operations</span><span lang=HR></span></p> |
1902 |
</td> |
1903 |
<td width="14%" class="Normal"> |
1904 |
<p align=right style='text-align:right'><span lang=HR |
1905 |
style='font-size:10.0pt;font-family:Arial;color:navy'>788.2</span><span |
1906 |
lang=HR></span></p> |
1907 |
</td> |
1908 |
<td width="20%" class="Normal"> |
1909 |
<p align=right style='text-align:right'><span lang=HR |
1910 |
style='font-size:10.0pt;font-family:Arial;color:navy'>1,211.0</span><span |
1911 |
lang=HR></span></p> |
1912 |
</td> |
1913 |
<td width="20%" class="Normal"> |
1914 |
<p align=right style='text-align:right'><span lang=HR |
1915 |
style='font-size:10.0pt;font-family:Arial;color:navy'>123.9</span><span |
1916 |
lang=HR></span></p> |
1917 |
</td> |
1918 |
<td width="20%" class="Normal"> |
1919 |
<p align=right style='text-align:right'><span lang=HR |
1920 |
style='font-size:10.0pt;font-family:Arial;color:navy'>170.2</span><span |
1921 |
lang=HR></span></p> |
1922 |
</td> |
1923 |
</tr> |
1924 |
<tr> |
1925 |
<td width="31%" class="Normal"> |
1926 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
1927 |
color:navy'>Interest received</span><span lang=HR></span></p> |
1928 |
</td> |
1929 |
<td width="14%" class="Normal"> |
1930 |
<p align=right style='text-align:right'><span lang=HR |
1931 |
style='font-size:10.0pt;font-family:Arial;color:navy'>33.8</span><span |
1932 |
lang=HR></span></p> |
1933 |
</td> |
1934 |
<td width="20%" class="Normal"> |
1935 |
<p align=right style='text-align:right'><span lang=HR |
1936 |
style='font-size:10.0pt;font-family:Arial;color:navy'>60.3</span><span |
1937 |
lang=HR></span></p> |
1938 |
</td> |
1939 |
<td width="20%" class="Normal"> |
1940 |
<p align=right style='text-align:right'><span lang=HR |
1941 |
style='font-size:10.0pt;font-family:Arial;color:navy'>5.3</span><span |
1942 |
lang=HR></span></p> |
1943 |
</td> |
1944 |
<td width="20%" class="Normal"> |
1945 |
<p align=right style='text-align:right'><span lang=HR |
1946 |
style='font-size:10.0pt;font-family:Arial;color:navy'>8.5</span><span |
1947 |
lang=HR></span></p> |
1948 |
</td> |
1949 |
</tr> |
1950 |
<tr> |
1951 |
<td width="31%" class="Normal"> |
1952 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
1953 |
color:navy'>Dividends received</span><span lang=HR></span></p> |
1954 |
</td> |
1955 |
<td width="14%" class="Normal"> |
1956 |
<p align=right style='text-align:right'><span lang=HR |
1957 |
style='font-size:10.0pt;font-family:Arial;color:navy'>19.3</span><span |
1958 |
lang=HR></span></p> |
1959 |
</td> |
1960 |
<td width="20%" class="Normal"> |
1961 |
<p align=right style='text-align:right'><span lang=HR |
1962 |
style='font-size:10.0pt;font-family:Arial;color:navy'>8.8</span><span |
1963 |
lang=HR></span></p> |
1964 |
</td> |
1965 |
<td width="20%" class="Normal"> |
1966 |
<p align=right style='text-align:right'><span lang=HR |
1967 |
style='font-size:10.0pt;font-family:Arial;color:navy'>3.0</span><span |
1968 |
lang=HR></span></p> |
1969 |
</td> |
1970 |
<td width="20%" class="Normal"> |
1971 |
<p align=right style='text-align:right'><span lang=HR |
1972 |
style='font-size:10.0pt;font-family:Arial;color:navy'>1.2</span><span |
1973 |
lang=HR></span></p> |
1974 |
</td> |
1975 |
</tr> |
1976 |
<tr> |
1977 |
<td width="31%" class="Normal"> |
1978 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
1979 |
color:navy'>Interest paid</span><span lang=HR></span></p> |
1980 |
</td> |
1981 |
<td width="14%" class="Normal"> |
1982 |
<p align=right style='text-align:right'><span lang=HR |
1983 |
style='font-size:10.0pt;font-family:Arial;color:navy'>-41.0</span><span |
1984 |
lang=HR></span></p> |
1985 |
</td> |
1986 |
<td width="20%" class="Normal"> |
1987 |
<p align=right style='text-align:right'><span lang=HR |
1988 |
style='font-size:10.0pt;font-family:Arial;color:navy'>-90.6</span><span |
1989 |
lang=HR></span></p> |
1990 |
</td> |
1991 |
<td width="20%" class="Normal"> |
1992 |
<p align=right style='text-align:right'><span lang=HR |
1993 |
style='font-size:10.0pt;font-family:Arial;color:navy'>-6.4</span><span |
1994 |
lang=HR></span></p> |
1995 |
</td> |
1996 |
<td width="20%" class="Normal"> |
1997 |
<p align=right style='text-align:right'><span lang=HR |
1998 |
style='font-size:10.0pt;font-family:Arial;color:navy'>-12.7</span><span |
1999 |
lang=HR></span></p> |
2000 |
</td> |
2001 |
</tr> |
2002 |
<tr> |
2003 |
<td width="31%" class="Normal"> |
2004 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
2005 |
color:navy'>Taxes and contributions</span><span lang=HR></span></p> |
2006 |
</td> |
2007 |
<td width="14%" class="Normal"> |
2008 |
<p align=right style='text-align:right'><span lang=HR |
2009 |
style='font-size:10.0pt;font-family:Arial;color:navy'>-541.0</span><span |
2010 |
lang=HR></span></p> |
2011 |
</td> |
2012 |
<td width="20%" class="Normal"> |
2013 |
<p align=right style='text-align:right'><span lang=HR |
2014 |
style='font-size:10.0pt;font-family:Arial;color:navy'>-430.0</span><span |
2015 |
lang=HR></span></p> |
2016 |
</td> |
2017 |
<td width="20%" class="Normal"> |
2018 |
<p align=right style='text-align:right'><span lang=HR |
2019 |
style='font-size:10.0pt;font-family:Arial;color:navy'>-85.0</span><span |
2020 |
lang=HR></span></p> |
2021 |
</td> |
2022 |
<td width="20%" class="Normal"> |
2023 |
<p align=right style='text-align:right'><span lang=HR |
2024 |
style='font-size:10.0pt;font-family:Arial;color:navy'>-60.4</span><span |
2025 |
lang=HR></span></p> |
2026 |
</td> |
2027 |
</tr> |
2028 |
<tr> |
2029 |
<td width="31%" class="Normal"> |
2030 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
2031 |
color:navy'>CASH FLOW FROM INVESTING ACTIVITIES</span><span lang=HR></span></p> |
2032 |
</td> |
2033 |
<td width="14%" class="Normal"> |
2034 |
<p align=right style='text-align:right'><span lang=HR |
2035 |
style='font-size:10.0pt;font-family:Arial;color:navy'>-927.8</span><span |
2036 |
lang=HR></span></p> |
2037 |
</td> |
2038 |
<td width="20%" class="Normal"> |
2039 |
<p align=right style='text-align:right'><span lang=HR |
2040 |
style='font-size:10.0pt;font-family:Arial;color:navy'>-955.9</span><span |
2041 |
lang=HR></span></p> |
2042 |
</td> |
2043 |
<td width="20%" class="Normal"> |
2044 |
<p align=right style='text-align:right'><span lang=HR |
2045 |
style='font-size:10.0pt;font-family:Arial;color:navy'>-145.8</span><span |
2046 |
lang=HR></span></p> |
2047 |
</td> |
2048 |
<td width="20%" class="Normal"> |
2049 |
<p align=right style='text-align:right'><span lang=HR |
2050 |
style='font-size:10.0pt;font-family:Arial;color:navy'>-134.4</span><span |
2051 |
lang=HR></span></p> |
2052 |
</td> |
2053 |
</tr> |
2054 |
<tr> |
2055 |
<td width="31%" class="Normal"> |
2056 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
2057 |
color:navy'>Purchase of subsidiary</span><span lang=HR></span></p> |
2058 |
</td> |
2059 |
<td width="14%" class="Normal"> |
2060 |
<p align=right style='text-align:right'><span lang=HR |
2061 |
style='font-size:10.0pt;font-family:Arial;color:navy'>-8.3</span><span |
2062 |
lang=HR></span></p> |
2063 |
</td> |
2064 |
<td width="20%" class="Normal"> |
2065 |
<p align=right style='text-align:right'><span lang=HR |
2066 |
style='font-size:10.0pt;font-family:Arial;color:navy'>-378.2</span><span |
2067 |
lang=HR></span></p> |
2068 |
</td> |
2069 |
<td width="20%" class="Normal"> |
2070 |
<p align=right style='text-align:right'><span lang=HR |
2071 |
style='font-size:10.0pt;font-family:Arial;color:navy'>-1.3</span><span |
2072 |
lang=HR></span></p> |
2073 |
</td> |
2074 |
<td width="20%" class="Normal"> |
2075 |
<p align=right style='text-align:right'><span lang=HR |
2076 |
style='font-size:10.0pt;font-family:Arial;color:navy'>-53.2</span><span |
2077 |
lang=HR></span></p> |
2078 |
</td> |
2079 |
</tr> |
2080 |
<tr> |
2081 |
<td width="31%" class="Normal"> |
2082 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
2083 |
color:navy'>Purchase of tangible assets</span><span lang=HR></span></p> |
2084 |
</td> |
2085 |
<td width="14%" class="Normal"> |
2086 |
<p align=right style='text-align:right'><span lang=HR |
2087 |
style='font-size:10.0pt;font-family:Arial;color:navy'>-438.1</span><span |
2088 |
lang=HR></span></p> |
2089 |
</td> |
2090 |
<td width="20%" class="Normal"> |
2091 |
<p align=right style='text-align:right'><span lang=HR |
2092 |
style='font-size:10.0pt;font-family:Arial;color:navy'>-614.8</span><span |
2093 |
lang=HR></span></p> |
2094 |
</td> |
2095 |
<td width="20%" class="Normal"> |
2096 |
<p align=right style='text-align:right'><span lang=HR |
2097 |
style='font-size:10.0pt;font-family:Arial;color:navy'>-68.9</span><span |
2098 |
lang=HR></span></p> |
2099 |
</td> |
2100 |
<td width="20%" class="Normal"> |
2101 |
<p align=right style='text-align:right'><span lang=HR |
2102 |
style='font-size:10.0pt;font-family:Arial;color:navy'>-86.4</span><span |
2103 |
lang=HR></span></p> |
2104 |
</td> |
2105 |
</tr> |
2106 |
<tr> |
2107 |
<td width="31%" class="Normal"> |
2108 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
2109 |
color:navy'>Investments in long-term receivables</span><span lang=HR></span></p> |
2110 |
</td> |
2111 |
<td width="14%" class="Normal"> |
2112 |
<p align=right style='text-align:right'><span lang=HR |
2113 |
style='font-size:10.0pt;font-family:Arial;color:navy'>-151.3</span><span |
2114 |
lang=HR></span></p> |
2115 |
</td> |
2116 |
<td width="20%" class="Normal"> |
2117 |
<p align=right style='text-align:right'><span lang=HR |
2118 |
style='font-size:10.0pt;font-family:Arial;color:navy'>19.4</span><span |
2119 |
lang=HR></span></p> |
2120 |
</td> |
2121 |
<td width="20%" class="Normal"> |
2122 |
<p align=right style='text-align:right'><span lang=HR |
2123 |
style='font-size:10.0pt;font-family:Arial;color:navy'>-23.8</span><span |
2124 |
lang=HR></span></p> |
2125 |
</td> |
2126 |
<td width="20%" class="Normal"> |
2127 |
<p align=right style='text-align:right'><span lang=HR |
2128 |
style='font-size:10.0pt;font-family:Arial;color:navy'>2.7</span><span |
2129 |
lang=HR></span></p> |
2130 |
</td> |
2131 |
</tr> |
2132 |
<tr> |
2133 |
<td width="31%" class="Normal"> |
2134 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
2135 |
color:navy'>Investments in other companies</span><span lang=HR></span></p> |
2136 |
</td> |
2137 |
<td width="14%" class="Normal"> |
2138 |
<p align=right style='text-align:right'><span lang=HR |
2139 |
style='font-size:10.0pt;font-family:Arial;color:navy'>-110.3</span><span |
2140 |
lang=HR></span></p> |
2141 |
</td> |
2142 |
<td width="20%" class="Normal"> |
2143 |
<p align=right style='text-align:right'><span lang=HR |
2144 |
style='font-size:10.0pt;font-family:Arial;color:navy'>97.5</span><span |
2145 |
lang=HR></span></p> |
2146 |
</td> |
2147 |
<td width="20%" class="Normal"> |
2148 |
<p align=right style='text-align:right'><span lang=HR |
2149 |
style='font-size:10.0pt;font-family:Arial;color:navy'>-17.3</span><span |
2150 |
lang=HR></span></p> |
2151 |
</td> |
2152 |
<td width="20%" class="Normal"> |
2153 |
<p align=right style='text-align:right'><span lang=HR |
2154 |
style='font-size:10.0pt;font-family:Arial;color:navy'>13.7</span><span |
2155 |
lang=HR></span></p> |
2156 |
</td> |
2157 |
</tr> |
2158 |
<tr> |
2159 |
<td width="31%" class="Normal"> |
2160 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
2161 |
color:navy'>Purchase of marketable securities</span><span lang=HR></span></p> |
2162 |
</td> |
2163 |
<td width="14%" class="Normal"> |
2164 |
<p align=right style='text-align:right'><span lang=HR |
2165 |
style='font-size:10.0pt;font-family:Arial;color:navy'>-196.0</span><span |
2166 |
lang=HR></span></p> |
2167 |
</td> |
2168 |
<td width="20%" class="Normal"> |
2169 |
<p align=right style='text-align:right'><span lang=HR |
2170 |
style='font-size:10.0pt;font-family:Arial;color:navy'>-17.6</span><span |
2171 |
lang=HR></span></p> |
2172 |
</td> |
2173 |
<td width="20%" class="Normal"> |
2174 |
<p align=right style='text-align:right'><span lang=HR |
2175 |
style='font-size:10.0pt;font-family:Arial;color:navy'>-30.8</span><span |
2176 |
lang=HR></span></p> |
2177 |
</td> |
2178 |
<td width="20%" class="Normal"> |
2179 |
<p align=right style='text-align:right'><span lang=HR |
2180 |
style='font-size:10.0pt;font-family:Arial;color:navy'>-2.5</span><span |
2181 |
lang=HR></span></p> |
2182 |
</td> |
2183 |
</tr> |
2184 |
<tr> |
2185 |
<td width="31%" class="Normal"> |
2186 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
2187 |
color:navy'>Short-term loans granted</span><span lang=HR></span></p> |
2188 |
</td> |
2189 |
<td width="14%" class="Normal"> |
2190 |
<p align=right style='text-align:right'><span lang=HR |
2191 |
style='font-size:10.0pt;font-family:Arial;color:navy'>-23.8</span><span |
2192 |
lang=HR></span></p> |
2193 |
</td> |
2194 |
<td width="20%" class="Normal"> |
2195 |
<p align=right style='text-align:right'><span lang=HR |
2196 |
style='font-size:10.0pt;font-family:Arial;color:navy'>-62.2</span><span |
2197 |
lang=HR></span></p> |
2198 |
</td> |
2199 |
<td width="20%" class="Normal"> |
2200 |
<p align=right style='text-align:right'><span lang=HR |
2201 |
style='font-size:10.0pt;font-family:Arial;color:navy'>-3.7</span><span |
2202 |
lang=HR></span></p> |
2203 |
</td> |
2204 |
<td width="20%" class="Normal"> |
2205 |
<p align=right style='text-align:right'><span lang=HR |
2206 |
style='font-size:10.0pt;font-family:Arial;color:navy'>-8.7</span><span |
2207 |
lang=HR></span></p> |
2208 |
</td> |
2209 |
</tr> |
2210 |
<tr> |
2211 |
<td width="31%" class="Normal"> |
2212 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
2213 |
color:navy'>CASH FLOW FROM FINANCING ACTIVITIES</span><span lang=HR></span></p> |
2214 |
</td> |
2215 |
<td width="14%" class="Normal"> |
2216 |
<p align=right style='text-align:right'><span lang=HR |
2217 |
style='font-size:10.0pt;font-family:Arial;color:navy'>656.1</span><span |
2218 |
lang=HR></span></p> |
2219 |
</td> |
2220 |
<td width="20%" class="Normal"> |
2221 |
<p align=right style='text-align:right'><span lang=HR |
2222 |
style='font-size:10.0pt;font-family:Arial;color:navy'>504.7</span><span |
2223 |
lang=HR></span></p> |
2224 |
</td> |
2225 |
<td width="20%" class="Normal"> |
2226 |
<p align=right style='text-align:right'><span lang=HR |
2227 |
style='font-size:10.0pt;font-family:Arial;color:navy'>103.1</span><span |
2228 |
lang=HR></span></p> |
2229 |
</td> |
2230 |
<td width="20%" class="Normal"> |
2231 |
<p align=right style='text-align:right'><span lang=HR |
2232 |
style='font-size:10.0pt;font-family:Arial;color:navy'>70.9</span><span |
2233 |
lang=HR></span></p> |
2234 |
</td> |
2235 |
</tr> |
2236 |
<tr> |
2237 |
<td width="31%" class="Normal"> |
2238 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
2239 |
color:navy'>Treasury shares</span><span lang=HR></span></p> |
2240 |
</td> |
2241 |
<td width="14%" class="Normal"> |
2242 |
<p align=right style='text-align:right'><span lang=HR |
2243 |
style='font-size:10.0pt;font-family:Arial;color:navy'>-12.8</span><span |
2244 |
lang=HR></span></p> |
2245 |
</td> |
2246 |
<td width="20%" class="Normal"> |
2247 |
<p align=right style='text-align:right'><span lang=HR |
2248 |
style='font-size:10.0pt;font-family:Arial;color:navy'>2.3</span><span |
2249 |
lang=HR></span></p> |
2250 |
</td> |
2251 |
<td width="20%" class="Normal"> |
2252 |
<p align=right style='text-align:right'><span lang=HR |
2253 |
style='font-size:10.0pt;font-family:Arial;color:navy'>-2.0</span><span |
2254 |
lang=HR></span></p> |
2255 |
</td> |
2256 |
<td width="20%" class="Normal"> |
2257 |
<p align=right style='text-align:right'><span lang=HR |
2258 |
style='font-size:10.0pt;font-family:Arial;color:navy'>0.3</span><span |
2259 |
lang=HR></span></p> |
2260 |
</td> |
2261 |
</tr> |
2262 |
<tr> |
2263 |
<td width="31%" class="Normal"> |
2264 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
2265 |
color:navy'>Short-term loans</span><span lang=HR></span></p> |
2266 |
</td> |
2267 |
<td width="14%" class="Normal"> |
2268 |
<p align=right style='text-align:right'><span lang=HR |
2269 |
style='font-size:10.0pt;font-family:Arial;color:navy'>198.3</span><span |
2270 |
lang=HR></span></p> |
2271 |
</td> |
2272 |
<td width="20%" class="Normal"> |
2273 |
<p align=right style='text-align:right'><span lang=HR |
2274 |
style='font-size:10.0pt;font-family:Arial;color:navy'>277.9</span><span |
2275 |
lang=HR></span></p> |
2276 |
</td> |
2277 |
<td width="20%" class="Normal"> |
2278 |
<p align=right style='text-align:right'><span lang=HR |
2279 |
style='font-size:10.0pt;font-family:Arial;color:navy'>31.2</span><span |
2280 |
lang=HR></span></p> |
2281 |
</td> |
2282 |
<td width="20%" class="Normal"> |
2283 |
<p align=right style='text-align:right'><span lang=HR |
2284 |
style='font-size:10.0pt;font-family:Arial;color:navy'>39.1</span><span |
2285 |
lang=HR></span></p> |
2286 |
</td> |
2287 |
</tr> |
2288 |
<tr> |
2289 |
<td width="31%" class="Normal"> |
2290 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
2291 |
color:navy'>Commercial papers</span><span lang=HR></span></p> |
2292 |
</td> |
2293 |
<td width="14%" class="Normal"> |
2294 |
<p align=right style='text-align:right'><span lang=HR |
2295 |
style='font-size:10.0pt;font-family:Arial;color:navy'>79.3</span><span |
2296 |
lang=HR></span></p> |
2297 |
</td> |
2298 |
<td width="20%" class="Normal"> |
2299 |
<p align=right style='text-align:right'><span lang=HR |
2300 |
style='font-size:10.0pt;font-family:Arial;color:navy'>124.7</span><span |
2301 |
lang=HR></span></p> |
2302 |
</td> |
2303 |
<td width="20%" class="Normal"> |
2304 |
<p align=right style='text-align:right'><span lang=HR |
2305 |
style='font-size:10.0pt;font-family:Arial;color:navy'>12.5</span><span |
2306 |
lang=HR></span></p> |
2307 |
</td> |
2308 |
<td width="20%" class="Normal"> |
2309 |
<p align=right style='text-align:right'><span lang=HR |
2310 |
style='font-size:10.0pt;font-family:Arial;color:navy'>17.5</span><span |
2311 |
lang=HR></span></p> |
2312 |
</td> |
2313 |
</tr> |
2314 |
<tr> |
2315 |
<td width="31%" class="Normal"> |
2316 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
2317 |
color:navy'>Long-term loans</span><span lang=HR></span></p> |
2318 |
</td> |
2319 |
<td width="14%" class="Normal"> |
2320 |
<p align=right style='text-align:right'><span lang=HR |
2321 |
style='font-size:10.0pt;font-family:Arial;color:navy'>530.6</span><span |
2322 |
lang=HR></span></p> |
2323 |
</td> |
2324 |
<td width="20%" class="Normal"> |
2325 |
<p align=right style='text-align:right'><span lang=HR |
2326 |
style='font-size:10.0pt;font-family:Arial;color:navy'>246.1</span><span |
2327 |
lang=HR></span></p> |
2328 |
</td> |
2329 |
<td width="20%" class="Normal"> |
2330 |
<p align=right style='text-align:right'><span lang=HR |
2331 |
style='font-size:10.0pt;font-family:Arial;color:navy'>83.4</span><span |
2332 |
lang=HR></span></p> |
2333 |
</td> |
2334 |
<td width="20%" class="Normal"> |
2335 |
<p align=right style='text-align:right'><span lang=HR |
2336 |
style='font-size:10.0pt;font-family:Arial;color:navy'>34.6</span><span |
2337 |
lang=HR></span></p> |
2338 |
</td> |
2339 |
</tr> |
2340 |
<tr> |
2341 |
<td width="31%" class="Normal"> |
2342 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
2343 |
color:navy'>Dividends paid</span><span lang=HR></span></p> |
2344 |
</td> |
2345 |
<td width="14%" class="Normal"> |
2346 |
<p align=right style='text-align:right'><span lang=HR |
2347 |
style='font-size:10.0pt;font-family:Arial;color:navy'>-139.3</span><span |
2348 |
lang=HR></span></p> |
2349 |
</td> |
2350 |
<td width="20%" class="Normal"> |
2351 |
<p align=right style='text-align:right'><span lang=HR |
2352 |
style='font-size:10.0pt;font-family:Arial;color:navy'>-146.3</span><span |
2353 |
lang=HR></span></p> |
2354 |
</td> |
2355 |
<td width="20%" class="Normal"> |
2356 |
<p align=right style='text-align:right'><span lang=HR |
2357 |
style='font-size:10.0pt;font-family:Arial;color:navy'>-21.9</span><span |
2358 |
lang=HR></span></p> |
2359 |
</td> |
2360 |
<td width="20%" class="Normal"> |
2361 |
<p align=right style='text-align:right'><span lang=HR |
2362 |
style='font-size:10.0pt;font-family:Arial;color:navy'>-20.6</span><span |
2363 |
lang=HR></span></p> |
2364 |
</td> |
2365 |
</tr> |
2366 |
<tr> |
2367 |
<td width="31%" class="Normal"> |
2368 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
2369 |
color:navy'>Effect of exchange rate fluctuations</span><span lang=HR></span></p> |
2370 |
</td> |
2371 |
<td width="14%" class="Normal"> |
2372 |
<p align=right style='text-align:right'><span lang=HR |
2373 |
style='font-size:10.0pt;font-family:Arial;color:navy'>3.3</span><span |
2374 |
lang=HR></span></p> |
2375 |
</td> |
2376 |
<td width="20%" class="Normal"> |
2377 |
<p align=right style='text-align:right'><span lang=HR |
2378 |
style='font-size:10.0pt;font-family:Arial;color:navy'>-89.0</span><span |
2379 |
lang=HR></span></p> |
2380 |
</td> |
2381 |
<td width="20%" class="Normal"> |
2382 |
<p align=right style='text-align:right'><span lang=HR |
2383 |
style='font-size:10.0pt;font-family:Arial;color:navy'>0.7</span><span |
2384 |
lang=HR></span></p> |
2385 |
</td> |
2386 |
<td width="20%" class="Normal"> |
2387 |
<p align=right style='text-align:right'><span lang=HR |
2388 |
style='font-size:10.0pt;font-family:Arial;color:navy'>-19.4</span><span |
2389 |
lang=HR></span></p> |
2390 |
</td> |
2391 |
</tr> |
2392 |
<tr> |
2393 |
<td width="31%" class="Normal"> |
2394 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
2395 |
color:navy'>NET CASH FLOW</span><span lang=HR></span></p> |
2396 |
</td> |
2397 |
<td width="14%" class="Normal"> |
2398 |
<p align=right style='text-align:right'><span lang=HR |
2399 |
style='font-size:10.0pt;font-family:Arial;color:navy'>-9.1</span><span |
2400 |
lang=HR></span></p> |
2401 |
</td> |
2402 |
<td width="20%" class="Normal"> |
2403 |
<p align=right style='text-align:right'><span lang=HR |
2404 |
style='font-size:10.0pt;font-family:Arial;color:navy'>219.3</span><span |
2405 |
lang=HR></span></p> |
2406 |
</td> |
2407 |
<td width="20%" class="Normal"> |
2408 |
<p align=right style='text-align:right'><span lang=HR |
2409 |
style='font-size:10.0pt;font-family:Arial;color:navy'>-1.2</span><span |
2410 |
lang=HR></span></p> |
2411 |
</td> |
2412 |
<td width="20%" class="Normal"> |
2413 |
<p align=right style='text-align:right'><span lang=HR |
2414 |
style='font-size:10.0pt;font-family:Arial;color:navy'>23.9</span><span |
2415 |
lang=HR></span></p> |
2416 |
</td> |
2417 |
</tr> |
2418 |
<tr> |
2419 |
<td width="31%" class="Normal"> |
2420 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
2421 |
color:navy'>CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE PERIOD</span><span |
2422 |
lang=HR></span></p> |
2423 |
</td> |
2424 |
<td width="14%" class="Normal"> |
2425 |
<p align=right style='text-align:right'><span lang=HR |
2426 |
style='font-size:10.0pt;font-family:Arial;color:navy'>173.2</span><span |
2427 |
lang=HR></span></p> |
2428 |
</td> |
2429 |
<td width="20%" class="Normal"> |
2430 |
<p align=right style='text-align:right'><span lang=HR |
2431 |
style='font-size:10.0pt;font-family:Arial;color:navy'>164.1</span><span |
2432 |
lang=HR></span></p> |
2433 |
</td> |
2434 |
<td width="20%" class="Normal"> |
2435 |
<p align=right style='text-align:right'><span lang=HR |
2436 |
style='font-size:10.0pt;font-family:Arial;color:navy'>27.5</span><span |
2437 |
lang=HR></span></p> |
2438 |
</td> |
2439 |
<td width="20%" class="Normal"> |
2440 |
<p align=right style='text-align:right'><span lang=HR |
2441 |
style='font-size:10.0pt;font-family:Arial;color:navy'>26.3</span><span |
2442 |
lang=HR></span></p> |
2443 |
</td> |
2444 |
</tr> |
2445 |
<tr> |
2446 |
<td width="31%" class="Normal"> |
2447 |
<p><span lang=HR style='font-size:10.0pt;font-family:Arial; |
2448 |
color:navy'>AT THE END OF THE PERIOD</span><span lang=HR></span></p> |
2449 |
</td> |
2450 |
<td width="14%" class="Normal"> |
2451 |
<p align=right style='text-align:right'><span lang=HR |
2452 |
style='font-size:10.0pt;font-family:Arial;color:navy'>164.1</span><span |
2453 |
lang=HR></span></p> |
2454 |
</td> |
2455 |
<td width="20%" class="Normal"> |
2456 |
<p align=right style='text-align:right'><span lang=HR |
2457 |
style='font-size:10.0pt;font-family:Arial;color:navy'>383.4</span><span |
2458 |
lang=HR></span></p> |
2459 |
</td> |
2460 |
<td width="20%" class="Normal"> |
2461 |
<p align=right style='text-align:right'><span lang=HR |
2462 |
style='font-size:10.0pt;font-family:Arial;color:navy'>26.3</span><span |
2463 |
lang=HR></span></p> |
2464 |
</td> |
2465 |
<td width="20%" class="Normal"> |
2466 |
<p align=right style='text-align:right'><span lang=HR |
2467 |
style='font-size:10.0pt;font-family:Arial;color:navy'>50.1</span><span |
2468 |
lang=HR></span></p> |
2469 |
</td> |
2470 |
</tr> |
2471 |
</table> |
2472 |
<p>For additional information, please contact:</p> |
2473 |
<p>Erika Kaspar <br> |
2474 |
Vice President, Communications and Corporate Affairs <br> |
2475 |
Tel: 385 1 6120 755<br> |
2476 |
Fax: 385 1 6114 413<br> |
2477 |
E-mail: <a href="mailto:erika.kaspar@pliva.hr">Erika.Kaspar@pliva.hr</a></p> |
2478 |
<p>Marija Mandic <br> |
2479 |
Financial Analyst<br> |
2480 |
Tel: 385 1 6160 355 <br> |
2481 |
Fax: 385 1 6120 634<br> |
2482 |
E-mail: <a href="mailto:marija.mandic@pliva.hr">Marija.Mandic@pliva.hr</a></p> |