2009 Annual Report - FrieslandCampina

Page 14

Results

Value creation2

in millions of euros

2009

2008

8,160

2009

26.99

2008

30.0

Net cash flows

5

757

4,930

2008

351

Investment 6

231

1,480

240

Depreciation 7

206

1,395

219

Net debt

842

0.29

2008

2009

Employees (average number of FTEs)

Group equity as a % of total assets

36.7

1,652

36.37

0.35

135

2009

Equity 4

Registered reserve 3

1,749

0.48

Milk price

248

2008

Group equity

0.59

276

Profit for the year

182

4,770

35.89

Performance payment

Operating profit

258

2009

in millions of euros

Total assets

26.40

Operating profit 1

347

2008

Guaranteed price

9,454

Cash flows

in millions of euros

2009

Revenue

Balance sheet

in euros per 100 kilograms

20,034

20,568

2009

Number of member dairy farms at year-end

15,326

2008

2009

2008

Total volume of milk processed (in millions of kilograms) 15,837

10,755

11,446

Volume of milk supplied by members (in millions of kilograms)

Number of members at year-end

21,062 Operating profit before non-recurring expenses Value creation for member dairy farmers in euros per 100 kilograms of milk 3 Registered reserve in euros per 100 kilograms of milk 4 Equity attributable to equity holders of the company and other providers of capital

1,494

21,583

8,685

8,589

1

2

Royal FrieslandCampina N.V.

Net cash flows from operating activities Investment in property, plant, equipment and intangible assets 7 Depreciation and amortisation 5

6

13


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