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2007 Vyrocni Zprava

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2007 Vyrocni Zprava výroční zpráva | annual report | 2007 Naši zákazníci určují směr našeho podnikání Our consumers are in the center of everything we do obsah Zpráva představenstva ................................................................................................................. 6 Zpráva dozorčí rady ...................................................................................................................... 12 Konsolidované finanční výsledky ................................................................................................. 16 Zpráva nezávislého auditora – konsolidovaná účetní závěrka ............................................... 54 Finanční výsledky .......................................................................................................................... 58 Zpráva nezávislého auditora – samostatná účetní závěrka ................................................... 94 Zpráva o vztazích mezi propojenými osobami ........................................................................ 98 Informace o příjmech ................................................................................................................... 100 Členové představenstva a dozorčí rady ..................................................................................... 102 content Report of the Board of Directors ............................................................................................... 7 Report of the Supervisory Board ............................................................................................... 13 Consolidated Financial Results ................................................................................................... 17 Independent Auditor’s Report – Consolidated Financial Statements ................................... 55 Financial Results ............................................................................................................................ 59 Independent Auditor’s Report – Stand-alone Financial Statements ..................................... 95 Report on Relations between Related Parties ......................................................................... 99 Information on remuneration ....................................................................................................... 101 Board of Directors and Supervisory Board members .............................................................103 zpráva představenstva report of the board of directors 6 Philip Morris ČR a.s. je předním výrobcem I přes nárůst objemu odbytu čisté a prodejcem tabákových výrobků v České tržby v tuzemsku bez spotřební daně republice. Dospělým zákazníkům nabízí a DPH poklesly o 2,3 % v porovnání oblíbené mezinárodní a domácí značky s předchozím rokem. Tento pokles cigaret, jako jsou Marlboro, L&M, Petra byl zapříčiněn zvýšeným podílem a Sparta ve více než padesáti variantách, levných značek na celkových prodejích které pokrývají široké spektrum výrobků, a částěčně byl kompenzován příznivou pokud jde o chuť i cenovou úroveň. cenovou strategií Společnosti. Philip Morris ČR a.s. je společností ve Podle maloobchodního výzkumu skupině Philip Morris International, Inc. agentury ACNielsen poklesl podíl našich Společnost Philip Morris ČR a.s. vlastní značek na domácím trhu o přibližně 99 % podíl ve společnosti Philip Morris 4,7 procentních bodů na 57,9 % Slovakia s.r.o., která je registrována ve v porovnání s rokem 2006. Pokles Slovenské republice. byl zapříčiněn zejména dostupností levnějších konkurenčních značek po Zpráva představenstva zvýšení spotřební daně od 1. 3. 2007. Zpráva představenstva vychází z konsolidovaných finančních výkazů V květnu 2007 oznámila společnost Philip Morris ČR a.s. a Philip Morris Philip Morris ČR a.s. plán na konsolidaci Slovakia s.r.o., které byly připraveny výrobních aktivit do továrny v Kutné v souladu s Mezinárodními standardy Hoře a ukončení výroby ve výrobním účetního výkaznictví (IFRS). zařízení ve Strážnici ke konci srpna 2007. Cílem této restrukturalizace je zvýšení výrobní Konsolidované hlavní údaje (v milionech Kč) konkurenceschopnosti s ohledem na měnící se podmínky trhu. Zařízení ve Strážnici včetně infrastruktury bude využíváno pro aktivity spojené se skladováním tabáku. Tímto rozhodnutím bylo Rok končící 31. 12. dotčeno třicet šest pracovních pozic ve Strážnici, ale patnácti pracovníkům byly nabídnuty nové pozice v továrně v Kutné Hoře. 2007 2006 Společnost nabídla kompenzační plán těm pracovníkům, se kterými byl rozvázán pracovní poměr i těm, kteří se nemohli či Tržby bez spotřební daně a DPH 10 369 10 031 nechtěli přemístit do Kutné Hory. Odcházejícím zaměstnancům Zisk před zdaněním 2 613 2 572 byl nabídnut poradenský servis při hledání nových pracovních příležitostí, právní pomoc a asistence při rekvalifikaci. Zisk po zdanění 1 968 1 906 Restrukturalizace přinesla společnosti Philip Morris ČR a.s. Zisk na akcii (v Kč) 717 694 mimořádné náklady před zdaněním ve výši 44,1 milionů Kč. Odhadujeme, že konsolidace a investice do nového zařízení Celkový odbyt (v miliardách jednotek) 23,5 23,0 v kutnohorské továrně přinesou ročně úspory v hrubé výši přibližně 17 milionů Kč. Podnikání v České republice Objem domácího odbytu v roce 2007 vzrostl v porovnání Podnikání na Slovensku Objem domácího odbytu na Slovensku vzrostl v roce 2007 s předchozím rokem o 3,1 %, což zejména odráží vyšší prodeje do ve srovnání s předchozím rokem o 3,7 %, což odráží obnovení obchodních řetězců před zvýšením spotřební daně od 1. 1. 2008, celkového trhu po podstatném zvýšení spotřební daně v roce částečně snížené o ztrátu tržního podílu ve prospěch levnějších 2006. Celkový odbyt vzrostl převážně ve druhé polovině roku konkurenčních značek. Významné posílení odbytu značky 2007 poté, co společnost Philip Morris Slovakia s.r.o. uvedla na Red & White bylo částečně oslabeno snížením odbytu našich trh výrobky s menším počtem kusů cigaret v krabičce v levném ostatních značek. cenovém segmentu. Po poklesu tržního podílu v roce 2006 se tržní podíl společnosti Philip Morris Slovakia s.r.o. v roce 2007 stabilizoval. Podle maloobchodního výzkumu agentury ACNielsen došlo k poklesu tržního podílu společnosti na domácím trhu o 3,4 procentních 7 Philip Morris ČR a.s. is the largest According to Retail Audit research manufacturer and marketer of tobacco conducted by the ACNielsen agency, our products in the Czech Republic, market share in the total Czech retail providing adult smokers with popular market declined by approximately international and local brands such 4.7 percentage points to 57.9% versus 2006, as Marlboro, L&M, Petra and Sparta primarily driven by the availability in more than fifty packaging variants of lower priced competitive brands after covering different taste and price the March 1, 2007 excise tax increase. segments. In May 2007, Philip Morris ČR a.s. Philip Morris ČR a.s. is an affiliate announced plans to consolidate its Czech of Philip Morris International, Inc. manufacturing activities in the Kutná Philip Morris ČR a.s. has a 99% Hora factory and to cease production interest in Philip Morris Slovakia s.r.o. at its Strážnice manufacturing facility registered in the Slovak Republic. by the end of August 2007. Thirty six positions were affected in Strážnice but Report of the Board about fifteen new job opportunities were of Directors offered to PM CR Strážnice employees in The report of the Board of Directors Kutná Hora. The restructuring is aimed at is based on the consolidated financial increasing manufacturing competitiveness statements of Philip Morris ČR a.s. and in light of changes in market conditions Philip Morris Slovakia s.r.o. prepared in and brand mix. The Strážnice facility accordance with International Financial and its infrastructure will principally be Reporting Standards (IFRS). utilized for leaf warehousing activities. The Company offered a compensation scheme to those who were terminated or were unable or unwilling to accept a job offer in Kutná Hora. Consolidated Highlights (CZK million) Additionally, outplacement consulting services, counseling and retraining assistance was made available to employees. Year ended December 31 As a result of the consolidation, Philip Morris ČR a.s. incurred in 2007 an extraordinary pre-tax charge of CZK 44.1 million. The consolidation and related investment in new equipment in 2007 2006 our Kutná Hora Factory will result in estimated annual pre-tax Revenues, net of excise tax and VAT 10 369 10 031 savings of approximately CZK 17 million. Pre-tax income 2 613 2 572 Business in Slovakia Net Income 1 968 1 906 2007 PM Slovakia s.r.o. shipments increased by 3.7% versus the prior year, reflecting a recovery of the total market after Earnings per share (CZK) 717 694 the substantial excise tax increase in 2006. Shipments Total Shipments (bio units) 23.5 23.0 grew primarily in the second half of 2007 after PM Slovakia introduced cigarette packs with lower stick count in the lower priced segment. Business in Czech Republic Following the decline in market share in 2006, PM Slovakia’s 2007 Czech domestic shipments increased 3.1% versus the prior market share stabilized in 2007. On a total year basis, according year, primarily reflecting increased trade purchases ahead of the to Retail Audit research conducted by the ACNielsen agency, January 1, 2008 excise tax increase partially offset by market our market share in the total Slovak retail market declined share losses to lower priced competitive brands. Strong gains by 3.4 percentage points to 52.4% versus 2006, due mainly for Red & White were
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