DOCSLIB.ORG

AGRANA Annual Financial Report 2018|19

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
AGRANA Annual Financial Report 2018|19 Sustainable management Annual Financial Report 2018 | 19 Contents 3 Group management report 4 Organisational structure 8 Non-financial information statement 18 Financial results 26 Fruit segment 33 Starch segment 40 Sugar segment 47 Research and development 53 AGRANA’s people 56 Risk management 62 Capital, shares, voting rights and rights of control 63 Outlook 65 Consolidated financial statements 66 Consolidated income statement 67 Consolidated statement of comprehensive income 68 Consolidated cash flow statement 69 Consolidated balance sheet 70 Consolidated statement of changes in equity 72 Notes to the consolidated financial statements 139 List of members of AGRANA’s boards 140 Statement by the members of the Management Board 141 Independent auditor’s report 146 Parent company management report1 173 Parent company financial statements 174 Parent company income statement 175 Parent company balance sheet 177 Notes to the parent company financial statements1 198 Statement by the members of the Management Board 199 Independent auditor’s report 202 Proposal for the appropriation of profit 1 In German only. FRUIT. STARCH. SUGAR. Annual Financial Report 2018 | 19 of AGRANA Beteiligungs-AG for the year ended 28 February 2019 2 Group management report 2018 | 19 4 Organisational structure 33 Starch segment 4 Business segments and 33 Revenue and earnings procurement models 34 Market environment 7 Sustainability targets of AGRANA’s 35 Raw materials and production business segments 39 Investment 7 Workplace safety targets of the AGRANA Group 40 Sugar segment 40 Revenue and earnings 8 Non-financial 41 Market environment information statement 42 Raw materials and production 8 AGRANA’s understanding of sustainability 46 Investment 9 Formats of AGRANA’s engagement with stakeholders in 2018|19 47 Research and development 9 Material non-financial 47 Fruit segment matters/sustainability topics 48 Starch segment 10 Organisational boundaries of reporting 49 Sugar segment 11 Management approaches for material non-financial matters, and resulting 51 AGRANA’s people content boundaries 51 Human resources management 13 Employee matters, including 53 Staff development and training working conditions and human rights, 54 Workplace health and safety in respect of AGRANA employees 55 Balancing work and family 18 Financial results 56 Risk management 18 Changes in the scope of consolidation 56 Risk policy 18 Revenue and earnings 57 Significant risks and uncertainties 20 Investment 57 Operational risks 21 Cash flow 58 Regulatory risks 21 Financial position 59 EU Renewable Energy Directive 23 Segment financial results 59 Legal risks 25 Events after the balance sheet date 59 Financial risks 60 Non-financial risks 26 Fruit segment 60 Aggregate risk 26 Revenue and earnings 61 System of internal control and 27 Market environment of risk management 28 Raw materials and production 32 Investment 62 Capital, shares, voting rights and rights of control 63 Outlook 64 Sustainability outlook for 2019|20 3 Organisational structure AGRANA is a globally operating processor of agricultural raw materials, with its Fruit, Starch and Sugar segments manufacturing high-quality foods and many intermediate products for the down- stream food industry as well as for non-food applications. With about 9,200 employees (in FTE ) at 58 production sites on six continents, the Group generated revenue of approximately € 2.4 billion in the 2018|19 financial year. AGRANA was established in 1988 and has been quoted on the Vienna Stock Exchange since 1991. AGRANA Beteiligungs-AG 58 production sites 9,230 employees1 € 2,443.o million revenue Fruit segment Starch segment Sugar segment AGRANA Internationale AGRANA Stärke GmbH AGRANA Zucker GmbH Verwaltungs- und 5 production sites 10 production sites Asset-Management GmbH 1,025 employees1 2,064 employees1 43 production sites € 762.7 million revenue € 501.2 million revenue 6,141 employees1 € 1,179.1 million revenue Business segments and procurement models The Fruit segment custom-designs and produces fruit preparations (fruit ingredients) and fruit juice concentrates. AGRANA is the world’s leading manufacturer of fruit preparations for the dairy, bakery, ice cream and food service industries. The fruit used in the fruit preparations is sourced largely from primary processors, in frozen or aseptic form. In some countries, AGRANA operates its own primary processing plants where fresh fruit (in some cases from contract growers) is received and readied for processing into fruit preparations. In the fruit juice concentrate business, at production sites located mainly in Europe, AGRANA produces apple and berry juice concentrates, not-from-concentrate juices, fruit wines, beverage bases and aromas. AGRANA seeks to achieve the most sustainable and complete utilisation of raw materials possible. While fruit preparations production generates very little usable residue, the press cake from apple juice production, known as apple pomace, is utilised by the pectin industry and as a feedstuff. In the Starch segment, AGRANA processes and refines raw materials grown by contract farmers or purchased in the open market – mainly corn (maize), wheat and potatoes – into premium starch products. These products are sold both into the food and beverage industry and the paper, textile, cosmetics and building materials sectors and other non-food industries. The starch operations as well produce fertilisers and high-quality animal feeds. The production of climate-friendly bioethanol for blending with petrol is also part of the Starch segment’s activities. 4 1 Average number of full-time equivalents in the financial year. Organisational structure In the Sugar segment, AGRANA processes sugar beet from contract growers and also refines raw sugar pur- chased worldwide. The products are sold into downstream industries for use in, for example, sweets, non-alcoholic beverages and pharmaceutical applications. Under country-specific sugar consumer brands, AGRANA also markets a wide range of sugars and sugar specialty products to consumers through food retailers. In addition, in the interest of the most complete possible utilisation of its agricultural raw materials, AGRANA produces a large number of fertilisers and animal feedstuffs. These not only help the economic bottom line but also ecologi- cally close the material cycle by returning minerals and other nutrients to the land and the food chain. In all three business segments, AGRANA also processes certified organic crops. In line with its business activities and its sustainability priorities in the areas of energy efficiency, complete raw material utilisation, attention to environmental and social criteria in procurement, and business ethics, AGRANA supports especially the Sustainable Development Goals (SDGs) 8, 13, 15 and 16 adopted in September 2015 by the General Assembly of the United Nations. For the first time, these UN goals also engage the private sector in furthering the achievement of development goals. In addi- tion, AGRANA contributes to the attainment of Goals 2 to 7, 12 and 14. 5 Group management report The sustainable AGRANA value chain1 in 2018|19 Procurement of agricultural raw materials AGRANA processing: Adding value Primary 1 processing FRUIT SEGMENT Fruit growers Fruit Primary preparations processing plants Fruit growers 2 Fruit juice concentrate Primary plants processing 1 72% of processed fruit volume 2 17.6% of raw material Fruit preparations: • Energy management system assessed using social criteria volume assessed using social • Total energy use2: 1.93 GJ per tonne at 31.7% of sites1 is certified (SEDEX); see from page 28 and environmental criteria • Water use2: 4.50 m³ per tonne to ISO 50001 (SAI FSA); see from page 28 Fruit juice concentrates: • Sustainability assessment • Total energy use2: 3.80 GJ per tonne covering all fruit juice • Water use2: 3.68 m³ per tonne plants (EcoVadis) confirms gold rating; see page 32 3 Bee conservation project Potato at all Austrian sites (see page 12) growers 5 Grain growers STARCH SEGMENT STARCH 4 5 5 Starch factories Grain Grain growers trading 3 100% of Austrian potato 4 60% of raw material volume • Total energy use2: • Social criteria assessed (SEDEX) growers assessed using social assessed using social and environ- 4.63 GJ per tonne and externally audited and environmental criteria mental criteria (ISCC or AACS at 75% of sites1; see page 12 • Water use2: 5.02 m³ per tonne (SAI FSA); see page 36 certification); see page 36 • Sustainability assessment • Energy management system 5 100% of raw material volume of Starch segment (EcoVadis) at 75% of sites1 is certified meets the EU cross compliance confirms gold rating; to ISO 50001 sustainability requirements see page 39 6 7 Sugar beet growers SUGAR SEGMENT 7 7 7 Sugar cane Raw sugar growers trading Sugar Raw sugar factories, sugar production refineries 6 100% of sugar beet volume 7 Offering Bonsucro • Direct energy use2: • Social criteria assessed assessed using social “Chain of Custody” sustain- 2.76 GJ per tonne (SEDEX) and externally and environmental criteria ability certification audited at 100% of • Total energy use2: 3.08 GJ per tonne (SAI FSA); see page 43 (social and environmental sugar plants1; see page 14 criteria) for raw sugar • Water use2: 2.33 m³ per tonne • Sustainability assessment for refining; see page 43 • Energy management system of Sugar segment (EcoVadis) at 100% of sites1 is certified confirms silver rating; to ISO 50001 see page 46 1 Within the GRI reporting boundaries (see page 10). 6 2
Load more

Recommended publications
  • Sustainability Along AGRANA's Value Chain 2020|21
    FRUIT STARCH SUGAR The natural upgrade Sustainability along AGRANA’s value chain 2021|22 1 AGRANA‘S UNDERSTANDING OF SUSTAINABILITY Balance of economic, environmental and social responsibility AT AGRANA, WE … . utilise almost 100% of the raw materials employed and use low-emission technologies to minimise impacts on the environment . respect all our stakeholders and the communities where we operate . engage in long-term partnerships 2 AGRANA‘S CORE SUBJECTS ALONG THE VALUE CHAIN RAW MATERIAL ECO-EFFICIENCY OUR EMPLOYEES PRODUCT COMPLIANCE PROCUREMENT OF OUR RESPONSIBILITY PRODUCTION Environmental and social criteria in the Labour practices and Product responsibility sourcing of Environmental and and sustainable agricultural raw human rights of Compliance and energy aspects of employees products materials production business conduct Sustainability Reporting: . Acc. to GRI integrated in AGRANA‘s annual reports since 2012|13 . Since 2016|17 audited by KPMG . All data and information provided in this presentation is reported within the GRI-reporting boundaries 3 SUPPLY CHAIN ENVIRONMENTAL & SOCIAL CRITERIA IN RAW MATERIAL PROCUREMENT 4 PROCESSING OF 8.6 M TONNES OF AGRICULTURAL RAW MATERIALS 0.73 0.35 2.58 4.77 SALES OF 5.4 M TONNES OF Sugar Beet HIGH-QUALITY PRODUCTS Raw Sugar Grains Potatoes 0.14 Fruit in m tonnes incl. 100% of the volumes of the Joint Ventures HUNGRANA and STUDEN 5 RAW MATERIAL PROCUREMENT ENGAGEMENT IN THE UPSTREAM VALUE CHAIN Social criteria in procurement . Reference on AGRANA Code of Conduct in AGRANA Principles for the procurement of agricultural raw materials and intermediate products, Terms & Conditions, as well as individual contracts Environmental criteria in procurement .
    [Show full text]
  • Zucker Stärke Frucht
    ZUCKERFRUIT STÄRKESTARCH FRUCHTSUGAR DerThe natürliche natural upgradeMehrwert AGRANA Beteiligungs-AG Virtual Austrian Conference London Baader Bank | Wiener Börse AG 15 June 2021 2020|21 WHAT REALLY COUNTS FLEXIBILITY, HOME OFFICE, AND REMOTE TEAMWORK – THE NEW NORMAL THAT WE ARE WORKING WITH. OUR EMPLOYEES HAVE SHOWN TREMENDOUS DEDICATION THIS PAST FINANCIAL YEAR. AGRANA | Virtual Austrian Conference | 15 June 2021 2 2020|21 WHAT REALLY COUNTS KEEPING THE SUPPLY OF BASIC GOODS FLOWING IS NOT JUST AN ECONOMIC NECESSITY BUT ALSO A RESPONSIBILITY TO SOCIETY. 100 % OF PLANTS FULLY OPERATING Through measures such as regular antigen testing at the plants, we were able to keep COVID-19 infection levels low among employees, maintain operations at all 56 sites worldwide and thus ensure the unbroken supply to customers. AGRANA | Virtual Austrian Conference | 15 June 2021 3 CONTENTS 1 Introduction & Business overview 2 Projects, COVID-19 3 Focus on ESG 4 AGRANA share and dividend 5 Segment overview and financial statements 2020|21 6 Market environment and insights: Fruit, Starch and Sugar 7 News & Outlook 2021|22 AGRANA | Virtual Austrian Conference | 15 June 2021 4 (FINANCIAL) HIGHLIGHTS INTRODUCTION & BUSINESS OVERVIEW 5 STRATEGIC POSITIONING B2B WE ALL CONSUME AGRANA (PRODUCTS) At the beginning there AGRANA supplies is always agriculture… the Big Names... We all consume AGRANA refines agrarian AGRANA every day raw materials... without noticing it... confectionery, beverage, fermentation industries, food retailers; paper, textile, pharmaceutical industries; feed industry; dairy, ice-cream, bakery industries and many more AGRANA | Virtual Austrian Conference | 15 June 2021 6 AGRANA PRODUCTS IN DAILY LIFE AT A GLANCE FRUIT STARCH SUGAR ▪ Fruit juice concentrates customers are ▪ AGRANA produces starch and special Sugar is sold fruit juice and beverage bottlers and starch products ▪ to consumers via the food trade and fillers ▪ Starch is a complex carbohydrate ▪ to manufacturers: e.g.
    [Show full text]
  • Organic Our Dedication
    ORGANIC OUR DEDICATION DELIVERY PROGRAM « Seite 2 » « page 3 » APPLICATION MATRIX AGRANA Starch is STANDARD PRODUCTS ORGANIC our strength PRODUCT RAW MATERIAL MAIN FIELD OF APPLICATION STÄRKINA 20.001 Potato Bread & bakery products, sausages, soups & sauces, AGRANA manufactures top-notch Native potato starch gravy thickener starch products using modern and environmentally-sensitive methods. The STÄRKINA 20.002 Potato Pharma applications, dry soups & dry mixes, grated cheese raw materials: corn, potatoes and wheat. Dehydrated native The result: top-quality starch products for numerous potato starch applications in widely different industries. MAISITA 21.050 Corn Baking & pudding powder, molding starch The complex properties of starch are valued in the food Native corn starch industry, the cosmetic industry as well as in technical industrial sectors, such as construction chemistry, paper MAISITA 21.057 Waxy corn Convenience products, frozen food and board manufacturing, as well as in the textile industry. STARCHES NATIVE At AGRANA, we rely particularly on Native waxy corn starch, certified organic and GMO-free products pure amylopectin starch in our starch product portfolio. WEIZITA 22.050 Wheat Bakery products, soups & sauces, candies & confectionaries, Native wheat starch sausage products, convenience products QUEMINA 21.204 Corn Gnocchi, convenience products Pregelatinized SEE OUR FULL LIST OF Certifications NON-GMO PROJECT VERIFIED PRODUCTS AT LIVINGNONGMO.ORG native corn starch QUEMINA 21.205 Potato Instant soups & sauces, sweet dessert
    [Show full text]
  • To Most, It Is an Integrated Annual Report. to AGRANA, It Is a Look in Many Directions
    To most, it is an integrated annual report. To AGRANA, it is a look in many directions. 2016|17 Contents 2 AGRANA at a glance 10 Key financials 12 Letter from the CEO 14 Supervisory Board’s report 16 AGRANA’s Management Board 18 Corporate governance report 28 AGRANA production sites 30 AGRANA’s strategy 32 AGRANA in the capital market 35 Group management report 36 Organisational structure 38 Integrated sustainability reporting 42 Financial results 50 Sugar segment 57 Starch segment 64 Fruit segment 70 Sustainability 77 Research and development 80 AGRANA’s people 84 Risk management 90 Capital, shares, voting rights and rights of control 91 Outlook 93 Consolidated financial statements 94 Consolidated income statement 95 Consolidated statement of comprehensive income 96 Consolidated cash flow statement 97 Consolidated balance sheet 98 Consolidated statement of changes in equity 100 Notes to the consolidated financial statements 158 List of members of AGRANA’s boards 159 Subsidiaries and business interests 162 Statement by the members of the Management Board 163 Independent auditor’s report 167 Independent assurance report 169 Other information 170 Parent company income statement 171 Parent company balance sheet 172 Proposal for the appropriation of profit 173 Glossary of industry and trade terms 178 Contacts 179 Global Reporting Initiative 183 Performance indicators and their meaning f Contents 2016|17 at a glance █ All segments contributed to the significant improvement in operating profit █ Successful increase in share capital and free
    [Show full text]
  • Solutions Agrana Is …
    FOOD SUGAR. STARCH. FRUIT. SOLUTIONS AGRANA IS … █ the leading sugar company in Central and Eastern Europe, █ the specialist for tailor-made starch products as well as an important producer of bioethanol and isoglucose, █ the global leader in fruit preparations for the dairy industry and one of the largest suppliers of fruit juice concentrates in Europe. 54 production sites 8,778 employees € 3,043.4m revenue AGRANA Beteiligungs-AG 10 production sites 5 production sites 39 production sites 2,399 employees 1,008 employees 5,371 employees € 1,022.8m revenue € 848.5m revenue € 1,172.1m revenue AGRANA Zucker AGRANA Stärke AGRANA J&F GmbH GmbH Holding GmbH SUGAR STARCH FRUIT As of July 2014 FOOD SOLUTIONS TABLE OF CONTENTS Mission statement 05 Global supplier of ingredients 07 Sustainability 09 Organic upgrade 11 AGRANA product portfolio 13 Sugar 15 Starch 17 Fruit preparations 19 Fruit juice concentrates 21 Other applications 22 Contacts 23 As a company with global operations, it is important that AGRANA defi nes its social, economic and environmental responsibilities in its mission statement. MISSION STATEMENT 1 STRATEGY By means of growth, effi ciency and Group and provides support by means of an sustainable business practices, we are constantly eff ective communications network aimed at boosting the company’s value added. AGRANA ensuring a regular exchange of information and regards sustainable business practices to be the tapping of synergies. consistent with commercial, ecological and social responsibility along the entire value-added chain. THE ENVIRONMENT Our actions and decisions are taken with respect for nature and the CUSTOMER ORIENTATION We off er products environment.
    [Show full text]
  • Organic Our Dedication
    ORGANIC OUR DEDICATION DELIVERY PROGRAM « Seite 2 » Starch is our strength AGRANA manufactures top-notch starch products using modern and environmentally-sensitive methods. The raw materials: corn, potatoes and wheat. The result: top-quality starch products for numerous applications in widely different industries. The complex properties of starch are valued in the food industry, the cosmetic industry as well as in technical industrial sectors, such as construction chemistry, paper and board manufacturing, as well as in the textile industry. At AGRANA, we rely particularly on certified organic and GMO-free products in our starch product portfolio. SEE OUR FULL LIST OF Certifications NON-GMO PROJECT VERIFIED PRODUCTS AT LIVINGNONGMO.ORG Version 2020 IMPRINT, OWNER, EDITOR AND PUBLISHER: AGRANA Starch GmbH, Conrathstraße 7, 3950 Gmünd, Austria, Marketing, Phone: +43 2852 503, Email: info.stä[email protected]; DESIGN: 7reasons Medien GmbH PHOTOS: AGRANA, Tatjana Figl-Wolfsberger; PRINT: Druck.at « page 3 » APPLICATION-MATRIX AGRANA STANDARD PRODUCTS ORGANIC PRODUCT RAW MATERIAL MAIN FIELDS OF APPLICATIONS STÄRKINA 20.001 Potato Bread & bakery products, sausages, soups & sauces, Native potato starch gravy thickener STÄRKINA 20.002 Potato Pharma applications, dry soups & dry mixes, grated cheese Dehydrated native potato starch MAISITA 21.050 Corn Baking & pudding powder, molding starch Native corn starch MAISITA 21.057 Waxy corn Convenience products, frozen food NATIVE STARCHES NATIVE Native waxy corn starch, pure amylopectin starch WEIZITA 22.050
    [Show full text]
  • Conte Finan Ents: Annual Cial Report
    CONTENTS: ANNUAL FINANCIAL REPORT 2010/2011 25.05.11 19:08 JFB lagebericht_E 2505.indd U1 CONSOLIDATED FINANCIAL STATEMENTS 2010|11 AGRANA GROUP BASED ON IFRS Group management report Consolidated fi nancial statements Consolidated income statement Consolidated statement of recognised income and expense Consolidated cash fl ow statement Consolidated balance sheet Consolidated statement of changes in equity Notes to the consolidated fi nancial statements Statement by the members of the Management Board Independent auditor’s report PARENT COMPANY FINANCIAL STATEMENTS 2010|11 AGRANA BETEILIGUNGS-AG BASED ON AUSTRIAN COMMERCIAL CODE (UGB) Parent company management report Parent company fi nancial statements Parent company income statement Parent company balance sheet Notes to the parent company fi nancial statements Statement by the members of the Management Board Independent auditor’s report JFB lagebericht_E 2505.indd 1 26.05.11 12:29 32 Financial results 40 Starch segment 32 Changes in the scope of consolidation 40 Market environment 33 Revenue and earnings 40 Raw materials, crops and production 33 Investment 41 Investment 34 Financial position 42 Starch: Austria 34 Cash fl ow 42 Starch: Hungary 34 Segment fi nancial results 42 Starch: Romania 35 Events after the reporting date 42 Bioethanol 36 Sugar segment 44 Fruit segment 36 Market environment 44 Market environment 37 Raw materials, crops and production 46 Raw materials and crops 38 Investment 46 Investment 38 Sugar: Austria 47 Business performance 38 Sugar: Hungary 39 Sugar: Czech Republic
    [Show full text]
  • From Field To
    WE FRUIT. From Field to Cup AGRANA THE NATURAL UPGRADE 3 AGRANA is an internationally-oriented, Austrian AGRANA FRUIT industrial player with global headquarters in We deliver customized and innovative Vienna, Austria. Each of the group’s three divisions preparations to the following markets: – Fruit, Sugar & Starch – adds value to agricultural – Dairy goods. The result is the production of industrial – Ice Cream products that are a central component to many – Bakery finished products found across numerous markets – Food Service throughout the world. We deliver fruit juice concentrates to: – Fruit Juice Manufacturers Established in 1988 as the parent company for the – Beverage Bottlers and Fillers Austrian sugar and starch industry, AGRANA has evolved successfully over the past 25 years from an AGRANA SUGAR Austrian company into a truly global organization. Sugar is supplied to the following markets: With approximately 8,500 personnel located in 56 – To consumers through retailers production facilities, we are firmly entrenched on all – To a range of food & beverage manufacturers continents. (e.g. soft drink industry, confectionery industry, fermentation industry, etc.) Today AGRANA is a leading sugar and starch producer in Central Europe, the global market leader in fruit AGRANA STARCH preparations for the dairy industry and one of the We produce standard and specialized starches largest producers of fruit juice concentrates in Europe. used in a variety of applications: – Food processing (e.g. as thickener) and non-food consumer goods (e.g. in paper manufacturing process) – Bioethanol fuel production AGRANA FRUIT ABOUT AGRANA FRUIT 5 AGRANA Fruit is the world market leader for fruit preparation for the dairy industry.
    [Show full text]
  • Agrana Starch Agrana Starch Paper Bag Glue
    AGRANA STARCH PAPER BAG GLUE AGRANA STARCH AGRANA STARCH is a wholly owned subsidiary of the AGRANA Holding AG, the holding company of the Austrian sugar and starch industry. The production of starch, specially modified starch, as well as co-products, sourced from different raw material sources including • potatoes • maize • and waxy maize is the main business activity of AGRANA Starch. AGRANA Starch division comprises four major sales channels: • Food • Non-Food • Liquid Sweeteners • Bioethanol AGRANA Starch has a long and exceptionally successful track record in the development and marketing of modified starch products, under the brand name COLLABOND, for the paper bag production. The products are the result of longstanding and intensive research and development in close cooperation with the Research Division Starch / Zuckerforschung Tulln. PRODUCTION & SERVICE AGRANA Starch is produced at four starch processing facilities: • Austria: Gmuend, Aschach • Romania: Tandarei • Hungary: Szabadegyhaza The production in each plant is characterized by the highest technical level. Consequently, AGRANA Starch reacts instantly and with short notice to the different needs of our customers. Striving for the best quality of AGRANA Starch products, the best possible customer satisfaction is THE top priority throughout the AGRANA group. AGRANA’s quality management system ensures the optimal and smooth process of the operating schedule combined with the highest quality assurance of our products. The starch factories in Austria are certified according to ISO-Standard 9001 by Lloyd´s Register Quality Assurance Ltd. since 1993. AGRANA Starch’s customer focus is characterized by extensive and competent advisory services which completes the COLLABOND portfolio offered by AGRANA such as • individual technical advice • clean and consistent quality • customized products • short delivery time • individual service COLLABOND products are in compliance with the rules of the Regulation (EC) No 1935/2004 and are approved according to the German Recommendation XXXVI.
    [Show full text]
  • Südzucker AG
    Südzucker AG List of shareholdings as of 28 February 2021 (attachment to the notes to the consolidated financial statements of Südzucker AG) List of shareholdings in accordance with section § 313 (2) HGB List of shareholdings (attachement to the notes to the consolidated financial statements) Shortcut Location Country Direct % share- holder I. Affiliated companies Sugar segment Division business unit sugar Südzucker and sales companies Südzucker AG SZAG Mannheim Germany Sudzucker Hellas E.P.E. Agios Greece SZH 99.94 Dimitrios SZV 0.06 Sudzucker Ibérica, S.L.U. Barcelona Spain SZH 100.00 Südzucker United Kingdom Limited Edinburgh United SZH 100.00 Kingdom S.Z.I.L. LTD Kfar Saba Israel SZH 100.00 Sugar Belgium Raffinerie Tirlemontoise S.A. RT Tienen Belgium SZH 99.41 Nougat Chabert & Guillot SA NC&G Montélimar France SOGELAF 100.00 3) S.C.I. DU MARINET Montélimar France SOGELAF 99.75 3) NC&G 0.25 Rafti B.V. Wijchen Netherlands TSNH 100.00 S.O.G.E.L.A.F. SARL SOGELAF Paris France RT 100.00 Tiense Suikerraffinaderij Nederland Holding B.V. TSNH Wijchen Netherlands RT 100.00 Tiense Suikerraffinaderij Services g.c.v. Bruxelles Belgium RT 100.00 Sugar France Saint Louis Sucre S.A.S. SLS Paris France SZH 100.00 Sugar Poland Südzucker Polska S.A. SZPL Wrocław Poland SZH 100.00 "POLTERRA" Sp. z o.o. Wrocław Poland SZPL 100.00 Przedsiebiorstwo Rolne "KLOS" Sp. z o.o. Wrocław Poland SZPLN 100.00 Südzucker Polska Nieruchomosci Sp. z o.o. SZPLN Wrocław Poland SZPL 100.00 Division AGRANA sugar Agrana Sugar Sales AGRANA Sales & Marketing GmbH ASM Wien Austria AB 100.00 Sugar Austria AGRANA Zucker GmbH AZ Wien Austria AB 98.91 ASM 1.09 Österreichische Rübensamenzucht Gesellschaft Wien Austria ASM 86.00 m.b.H.
    [Show full text]
  • Assembly Panel Seeks Ban on New Expat Recruitment
    SHAWWAL 16, 1441 AH MONDAY, JUNE 8, 2020 20 Pages Max 47º Min 32º 150 Fils Established 1961 ISSUE NO: 18150 The First Daily in the Arabian Gulf www.kuwaittimes.net Kuwait Red Crescent distributes Worker exodus plunges Libya govt moves on Sirte; UFC superstar McGregor 2 food packs in Jleeb Al-Shuyoukh 9 India factories into crisis 16 Haftar offensive collapses 20 announces retirement Assembly panel seeks ban on new expat recruitment Kuwaitization, quotas, residence curbs eyed • MP warns finance minister By B Izzak implemented. He said the crisis has snowballed and now poses security, economic, social and health KUWAIT: Head of the Assembly’s human resource risks to the society of Kuwait. development committee MP Khalil Al-Saleh said HH the Prime Minister Sheikh Sabah Al-Khaled yesterday the panel will propose a ban on new Al-Sabah said last week that expats form 70 per- recruitment of expat labor into the country during cent of the population against 30 percent of a meeting with the government this week. Saleh Kuwaitis and that the ideal composition is by said on Twitter that resolving issues related to reversing the percentage to be 70 percent for expatriate manpower and the imbalance in the citizens against 30 percent for expats. Achieving demographic structure requires “draining” the the premier’s vision requires getting rid of at least sources of visa trading and a “ban on the recruit- 2.5 million expats from their existing number of ment of new expat labor”. 3.35 million. It also requires Kuwaitization of jobs, imposing MPs have already submitted legislation calling to certain quotas on expat communities and limiting impose quotas of foreign communities and to the duration of residence of expats, he said.
    [Show full text]
  • Corporate Presentation 2020 AGRANA Beteiligungs-AG
    FRUIT STARCH SUGAR The natural upgrade Corporate Presentation 2020 AGRANA Beteiligungs-AG Corporate presentation 2020 OVERVIEW 1 About us 9 Segment FRUIT 10 2 AGRANA-products in daily life Segment STARCH 11 Segment SUGAR 3 Strategy 12 Research & Development 4 Production sites 13 Sustainability 5 Group- & ownership structure 14 Business figures 2019|20 6 History 15 Outlook 7 Financials 8 Investment Corporate presentation 2020 2 ABOUT US AGRANA FACTS . We refine agricultural raw materials, turning them into a range of different World market leader in the industrial products to supply local production of producers as well as large multinational FRUIT companies active in the food processing SUPPLIER PREPARATIONS industry, in particular Major manufacturer of customer-specific . We also serve the end-consumer market STARCH in the Sugar segment with country- PRODUCTS specific brands such as „Wiener Zucker“ in Austria Leading 56 SUGAR SUPPLIER production 2.5 € bn In Central, Eastern & South- sites 9,400 revenue Eastern Europe employees Corporate presentation 2020 3 STRATEGIC POSITIONING B2B WE ALL CONSUME AGRANA (PRODUCTS) At the beginning AGRANA supplies there is always the Big Names... agriculture… AGRANA refines We all consume agricultural raw confectionery, beverage, AGRANA every materials... fermentation industries, food retailers; paper, day... textile, pharmaceutical industries; feed industry; dairy, ice-cream, bakery industries and many more Corporate presentation 2020 4 AGRANA-PRODUCTS IN DAILY LIFE AT A GLANCE FRUIT STARCH SUGAR . fruit preparations in dairy as food ingredients, e.g. for .for consumers: products, ice-cream, in sauces, potato products etc. „Wiener Zucker“ (20%) baked goods or as fruit .as child and infant food decoration .
    [Show full text]