If you are visually impaired or blind, you can visit the PDF version by Pressing CONTROL + ALT + 4
<br /> THE EGMONT FOUNDATION<br /> Annual Report 2010<br /> CVR-nr. 11456111<br /> The Egmont Foundation<br /> Vognmagergade 11<br /> DK - 1148 Copenhagen K<br /> Telephone +45 3330 5550<br /> Fax +45 3332 4508<br /> www.egmont.com<br /> egmont@egmont.com<br /> Registered office: Copenhagen<br /> 2<br /> 2<br /> Contents<br /> Management's Review ...................................................................................................................................... 4<br /> - Financial Highlights.................................................................................................................................... 4<br /> - Egmont Magazines .................................................................................................................................... 6<br /> - Egmont Kids Media ................................................................................................<a title="Egmont Annual Report 2010.pdf page 1" href="http://viewer.zmags.com/publication/5f6aebe8?page=1"> THE EGMONT FOUNDATION Annual Report 2010 CVR-nr. </a> <a title="Egmont Annual Report 2010.pdf page 2" href="http://viewer.zmags.com/publication/5f6aebe8?page=2"> The Egmont Foundation Vognmagergade 11 DK - 1148 </a> <a title="Egmont Annual Report 2010.pdf page 3" href="http://viewer.zmags.com/publication/5f6aebe8?page=3"> Contents Management's Review .................</a> <a title="Egmont Annual Report 2010.pdf page 4" href="http://viewer.zmags.com/publication/5f6aebe8?page=4"> Management's Review FINANCIAL HIGHLIGHTS </a> <a title="Egmont Annual Report 2010.pdf page 5" href="http://viewer.zmags.com/publication/5f6aebe8?page=5"> Egmont is a leading media group in the Nordic reg</a> <a title="Egmont Annual Report 2010.pdf page 6" href="http://viewer.zmags.com/publication/5f6aebe8?page=6"> Egmont Magazines Revenue 2010: EUR 284 million</a> <a title="Egmont Annual Report 2010.pdf page 7" href="http://viewer.zmags.com/publication/5f6aebe8?page=7"> Egmont Magazines commands a strong position in De</a> <a title="Egmont Annual Report 2010.pdf page 8" href="http://viewer.zmags.com/publication/5f6aebe8?page=8"> Egmont Kids Media Revenue 2010: EUR 418 millio</a> <a title="Egmont Annual Report 2010.pdf page 9" href="http://viewer.zmags.com/publication/5f6aebe8?page=9"> last issue of the German FHM Magazine was publish</a> <a title="Egmont Annual Report 2010.pdf page 10" href="http://viewer.zmags.com/publication/5f6aebe8?page=10"> Egmont Books Revenue 2010: EUR 157 million (20</a> <a title="Egmont Annual Report 2010.pdf page 11" href="http://viewer.zmags.com/publication/5f6aebe8?page=11"> Egmont Nordisk Film Revenue 2010: EUR 383 mill</a> <a title="Egmont Annual Report 2010.pdf page 12" href="http://viewer.zmags.com/publication/5f6aebe8?page=12"> Clown – the Movie, which drew 481,000 film-goers t</a> <a title="Egmont Annual Report 2010.pdf page 13" href="http://viewer.zmags.com/publication/5f6aebe8?page=13"> The TV 2 Group, Norway Measured by daily use, </a> <a title="Egmont Annual Report 2010.pdf page 14" href="http://viewer.zmags.com/publication/5f6aebe8?page=14"> Tippeliga matches for two years, a total of 150 o</a> <a title="Egmont Annual Report 2010.pdf page 15" href="http://viewer.zmags.com/publication/5f6aebe8?page=15"> The Charitable Activities Since 1920 the Egmon</a> <a title="Egmont Annual Report 2010.pdf page 16" href="http://viewer.zmags.com/publication/5f6aebe8?page=16"> Management's Review FINANCIAL PERFORMANCE IN 2</a> <a title="Egmont Annual Report 2010.pdf page 17" href="http://viewer.zmags.com/publication/5f6aebe8?page=17"> The Foundation's equity thus corresponds to the t</a> <a title="Egmont Annual Report 2010.pdf page 18" href="http://viewer.zmags.com/publication/5f6aebe8?page=18"> Egmont's Code of Conduct and the derived Egmont S</a> <a title="Egmont Annual Report 2010.pdf page 19" href="http://viewer.zmags.com/publication/5f6aebe8?page=19"> Statement by the Management Board and Board of Tr</a> <a title="Egmont Annual Report 2010.pdf page 20" href="http://viewer.zmags.com/publication/5f6aebe8?page=20"> Independent Auditor's Report TO THE BOARD OF T</a> <a title="Egmont Annual Report 2010.pdf page 21" href="http://viewer.zmags.com/publication/5f6aebe8?page=21"> the auditor considers internal control relevant t</a> <a title="Egmont Annual Report 2010.pdf page 22" href="http://viewer.zmags.com/publication/5f6aebe8?page=22"> Accounting Policies The annual report of the E</a> <a title="Egmont Annual Report 2010.pdf page 23" href="http://viewer.zmags.com/publication/5f6aebe8?page=23"> to adopted and announced plans to restructure the</a> <a title="Egmont Annual Report 2010.pdf page 24" href="http://viewer.zmags.com/publication/5f6aebe8?page=24"> together with changes in the value of the hedged </a> <a title="Egmont Annual Report 2010.pdf page 25" href="http://viewer.zmags.com/publication/5f6aebe8?page=25"> Goodwill Goodwill is amortised over its estimated</a> <a title="Egmont Annual Report 2010.pdf page 26" href="http://viewer.zmags.com/publication/5f6aebe8?page=26"> Group's accounting policies minus or plus unreali</a> <a title="Egmont Annual Report 2010.pdf page 27" href="http://viewer.zmags.com/publication/5f6aebe8?page=27"> Deferred tax is measured using the balance sheet </a> <a title="Egmont Annual Report 2010.pdf page 28" href="http://viewer.zmags.com/publication/5f6aebe8?page=28"> to equity. Tax provisions for future donations ar</a> <a title="Egmont Annual Report 2010.pdf page 29" href="http://viewer.zmags.com/publication/5f6aebe8?page=29"> Income Statement of the Group (EURk) Note </a> <a title="Egmont Annual Report 2010.pdf page 30" href="http://viewer.zmags.com/publication/5f6aebe8?page=30"> Balance Sheet of the Group at 31 december (EURk) </a> <a title="Egmont Annual Report 2010.pdf page 31" href="http://viewer.zmags.com/publication/5f6aebe8?page=31"> Note Equity and liabilities </a> <a title="Egmont Annual Report 2010.pdf page 32" href="http://viewer.zmags.com/publication/5f6aebe8?page=32"> Cash Flow Statement of the Group (EURk) Note </a> <a title="Egmont Annual Report 2010.pdf page 33" href="http://viewer.zmags.com/publication/5f6aebe8?page=33"> Income Statement of the Egmont Foundation (EURk) </a> <a title="Egmont Annual Report 2010.pdf page 34" href="http://viewer.zmags.com/publication/5f6aebe8?page=34"> Balance Sheet of the Egmont Foundation at 31 dece</a> <a title="Egmont Annual Report 2010.pdf page 35" href="http://viewer.zmags.com/publication/5f6aebe8?page=35"> Notes (EURk) 1 Segment information </a> <a title="Egmont Annual Report 2010.pdf page 36" href="http://viewer.zmags.com/publication/5f6aebe8?page=36"> 3 Intangible assets Publishing In-hous</a> <a title="Egmont Annual Report 2010.pdf page 37" href="http://viewer.zmags.com/publication/5f6aebe8?page=37"> 4 Property, plant and equipment Property, </a> <a title="Egmont Annual Report 2010.pdf page 38" href="http://viewer.zmags.com/publication/5f6aebe8?page=38"> 6 Financial income </a> <a title="Egmont Annual Report 2010.pdf page 39" href="http://viewer.zmags.com/publication/5f6aebe8?page=39"> 13 Reserve fund </a> <a title="Egmont Annual Report 2010.pdf page 40" href="http://viewer.zmags.com/publication/5f6aebe8?page=40"> 19 Fees paid to elected auditor </a> <a title="Egmont Annual Report 2010.pdf page 41" href="http://viewer.zmags.com/publication/5f6aebe8?page=41"> 24 Investments in subsidiaries and associates </a> <a title="Egmont Annual Report 2010.pdf page 42" href="http://viewer.zmags.com/publication/5f6aebe8?page=42"> 27 Charitable fund </a> <a title="Egmont Annual Report 2010.pdf page 43" href="http://viewer.zmags.com/publication/5f6aebe8?page=43"> 29 Enterprises in the Group Unless otherwise</a> <a title="Egmont Annual Report 2010.pdf page 44" href="http://viewer.zmags.com/publication/5f6aebe8?page=44"> 29 Enterprises in the Group (continued) Sub</a> <a title="Egmont Annual Report 2010.pdf page 45" href="http://viewer.zmags.com/publication/5f6aebe8?page=45"> 29 Enterprises in the Group (continued) Sub</a> <a title="Egmont Annual Report 2010.pdf page 46" href="http://viewer.zmags.com/publication/5f6aebe8?page=46"> 29 Enterprises in the Group (continued) Joi</a> <a title="Egmont Annual Report 2010.pdf page 47" href="http://viewer.zmags.com/publication/5f6aebe8?page=47"> 29 Enterprises in the Group (continued) Ass</a> <a title="Egmont Annual Report 2010.pdf page 48" href="http://viewer.zmags.com/publication/5f6aebe8?page=48"> Board of Trustees Mikael Olufsen (Chairman) Di</a> <a title="Egmont Annual Report 2010.pdf page 49" href="http://viewer.zmags.com/publication/5f6aebe8?page=49"> Group Management Steffen Kragh President and C</a>