GN Store Nord A/S VAT number 24 25 78 43 XBRL REVIEW REPORT Bemærk at dette er en gennemgangsrapport - en læsbar udgave af den dannede XBRL-fil. Denne rapport skal ikke indberettes til Erhvervsstyrelsen, og den er alene lavet for at give læseren mulighed for at validere og kontrollere indholdet i XBRL-filen. XBRL-formatet er et rådata-format og dermed ikke formateret. Det indeholder ikke billeder, sidetal, sidehoved, sidefod, notenumre, forside og indholdsfortegnelse. Dog indeholder denne rapport denne forside, en indholdsfortegnelse og sidehoved af overskuelighedshensyn - uden at det dog findes i XBRL-filen. Bemærk dog at rapporten ikke indeholder notenumre, og at opstillingen og skriftsnit ikke er foretaget i forhold til den "almindelige" årsrapport, men udelukkende for at gøre rapporten læsevenlig. Bemærk også at eventuelle noter ofte ser anderledes ud i gennemgangsrapporten i forhold til den fysiske årsrapport. Årsagen hertil er at noterne er CLOB-opmærket, hvilket betyder at noterne ikke er specificeret/detaljeret indholdsmæssigt omkring de poster de indeholder. I stedet bliver de til en lang tekst-streng, som svarer til at de blot var skrevet ud på en lang linie. Vi bestræber os på at gøre brugen af vores services så brugervenlig som overhovedet mulig. Er du i tvivl, har spørgsmål eller kommentarer, så tøv ikke med at kontakte ParsePort pr. email (support@parseport.dk) eller pr. tlf. (53 53 00 10)
Company details 1 Income statement 2 Assets 3 Liabilities and equity 4 Cash flow statement 5
1 COMPANY DETAILS General: Report format - income statement: Resultatpgørelse (funktinsopdelt), Report format - financial position: Finansiel stilling (kort- og langfristet), Report format - statement of comprehensive income: Totalindkomstopgørelse (før skat), Report format - cash flow statement: Pengestrømsopgørelse (indirekte) Type of auditor assistance: Ingen bistand Information on type of submitted report: Delårsrapport Currency code: DKK Information on reporting entity Identification number [CVR] of reporting entity: 24257843 Name of reporting entity: GN Store Nord A/S Address of reporting entity, street name: Lautrupbjerg Address of reporting entity, street building identifier: 7 Address of reporting entity, post code identifier: 2750 Address of reporting entity, district name: Ballerup Address of reporting entity, country identification coddk Address of reporting entity, country: Danmark Telephone number of reporting entity: +45 45 75 00 00 Homepage of reporting entity: www.gn.com E-mail of reporting entity: info@gn.com Reporting period start date: 1. januar 2015 Reporting period end date: 31. marts 2015 Date of general meeting: 29. april 2015 Date of approval of report: 29. april 2015 Name and surname of chairman of general meeting: Ingen dirigent Information on enterprise submitting report Identification number [CVR] of submitting enterprise: 24257843 Name of submitting enterprise: GN Store Nord A/S Address of submitting enterprise, street and number: Lautrupbjerg 7 Address of submitting enterprise, postcode and town:2750 Ballerup
2 INCOME STATEMENT Revenue 1.885 1.679 7.340 Production cost -727-656 -2.804 Gross profit 1.158 1.023 4.536 Research and development costs -160-146 -623 Distribution costs -591-502 -2.081 Administrative expenses -135-132 -629 Other gains (losses) 1 0 2 Gain (loss) on divestment of operations etc. 0 0-10 Profit (loss) from operating activities 273 243 1.195 Finance income 47 28 119 Finance costs -68-35 -203 Profit (loss) in associates 0 0 5 Profit (loss) before tax 252 236 1.116 Tax expense (income), continuing operations -67-65 -323 Profit (loss) 185 171 793 Earnings per share Basic earnings (loss) per share 1,170 1,040 4,890 Diluted earnings (loss) per share 1,160 1,030 4,850 Statement of comprehensive income Profit (loss) 185 171 793 Gains (losses) on exchange differences on translation, 649 0 560 Gains (losses) on cash flow hedges, before tax -74-30 -99 Other comprehensive income, before tax, actuarial ga 0 0-40 Tax on other comprehensive income 8 7 17 Income tax relating to defined benefit plans of other c 0 0 11 Other comprehensive income 583-23 449 Comprehensive income 768 148 1.242
3 ASSETS Non-current assets Property, plant and equipment 485 472 464 458 Intangible assets and goodwill 5.370 4.935 4.794 4.528 Deferred tax assets 562 503 552 516 Other non-current assets 1.485 1.329 1.218 1.089 Non-current assets 7.902 7.239 7.028 6.591 Current assets Current inventories 692 616 611 541 Receivables from sales and services 1.999 1.909 1.605 1.602 Total other current receivables 359 330 231 231 Current tax assets, current 78 21 69 47 Cash and cash equivalents 153 114 131 135 Current assets 3.281 2.990 2.647 2.556 Assets 11.183 10.229 9.675 9.147
4 LIABILITIES AND EQUITY Equity Equity 5.901 5.667 5.371 5.168 Liabilities Non-current provisions 111 105 174 171 Non-current bank loans 2.373 1.675 1.712 1.603 Deferred tax liabilities 392 409 400 401 Non-current recognised liabilities, defined benefit plan 87 77 39 37 Other non-current liabilities 283 268 237 213 Non-current liabilities 3.246 2.534 2.562 2.425 Current liabilities Current provisions 277 263 193 196 Current bank loans 99 70 47 76 Current trade payables 512 593 499 463 Other current payables 1.011 996 916 794 Current tax liabilities, current 137 106 87 25 Current liabilities 2.036 2.028 1.742 1.554 Equity and liabilities 11.183 10.229 9.675 9.147
5 CASH FLOW STATEMENT Profit (loss) from operating activities 273 243 1.195 Cash flow from operating activities before changes in 426 360 1.743 Gains (losses) on working capital -273-170 -257 Depreciation, amortization and impairment 139 118 527 Other adjustments to reconcile profit (loss) 14-1 21 Cash flows from (used in) operations 153 190 1.486 Financial items, net -13-10 -53 Income taxes paid (refund), classified as operating act -79-71 -80 Cash flows from (used in) operating activities 61 109 1.353 Cash flows used in obtaining control of subsidiaries or -18-14 -46 Purchase of property, plant and equipment, classified -28-20 -104 Purchase of intangible assets, classified as investing ac -21-22 -129 Development projects -110-97 -411 Purchase of other long-term assets, classified as inves -8-51 -229 Cash flows from (used in) investing activities -185-204 -919 Free cash flows from (used in) operating and investin -124-95 434 Purchase (sale) of treasury assets -482-320 -877 Dividends paid, classified as financing activities -110-138 -138 Share-based payment (exercised) 64 64 68 Increase/decrease in bank loans and other adjustmen 679 430 456 Cash flows from (used in) financing activities 151 36-491 Increase (decrease) in cash and cash equivalents befo 27-59 -57 Effect of exchange rate changes on cash and cash equ 12 0 8 Cash and cash equivalents 114 163 163 Cash and cash equivalents 153 104 114