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Best regards
Zmags
I M PROVING
FOOD & HEALTH
annUaL rePorT 2008/09IMPROVING
FOOD & HEALTH
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ANNUAL REPORT 2008/09
Coverphoto:ProbioticchewabletabletCover photo: Probiotic chewable tablet
1
i mag i n e
Imagine a world of opportunities just waiting to be
grasped. A world of explorations to be made - explora-
tionsforthefuture.
Imagine a world where healthy ingredients are the ob-
vious choice and where all people have access to healthy
food. Where we may increase our understanding of the
interactionbetweendietandhealth.
How we may continue to improve food and health for
humansandanimalsbycombiningourknow-howinnew
and creative ways. How far innovation and research can
takeusifweteamupwithcustomersandpartners.
Imagine how our strong competen
I M PROVING FOOD & HEALTH
Coverphoto:ProbioticchewabletabletCover photo: Pr
1 i mag i n e Imagine a world of opportunities
2
3
4
5 ORgANIc sALEs gROwTh Of 10.0%
6 key consolidated figures eur million
7 EBEIBTIDTADABEBFEOFROER
Close-upofanaturalcolorinwater \j J Close-up of
9 Management’s
10 Financial Review Financial Review
11 Corporate manaGement
12 constantly striving for excellen
13 Financial Review
14
strong position in health and nutrition products
16 Cultures & Enzymes
i17 m pRo ving ouR FooDM
18 Cultures & Enzymes chr. h
19
20
21 Cultures & Enzymes
22 Cultures & Enzymes
23
24
25 Cultures & Enzymes
26 Health & Nutrition
27
28 Health & Nutrition
29 Friendly Bacteria
30
c
32 Colors coloRs that
33 bright future for natural
34 innovation meeting customeRs’
35 Innovation
36 Innovation
37
38 Global Sales moving
39
40 sales peR Regi
41 Naturalcolorpowderbasedongrapeskin,annatto,ca
42 Global Sales Outperforming ue Marke
43 Closer to ue Customers
44 passion
45 Stakeholder Relations
46 Stakeholder Relations "We cAn AlWAys
47 towards a winning culture
48 Stakeholder Relations
49
50 coRpoRate goveRnance A
51 Corporate Governance
52 Risk Management
53 “Impeccable product safety is
54 Risk Management “Compliance is abou
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56
57 Financial StatementSFINANCIAL S
58
59 Consolidated FinanCial statements
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62 Assets EUR thousand Non-current
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64 EUR thousand Balance 1
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66 Accounting Policies The Annual Re
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85 EUR thousand Note 11 — Goodwi
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101 EUR thousand Note 30 — Acqui
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108 Note 36 — Group Chart Ente
109 Note 36 — Group Chart Ente
109 Note 36 — Group Chart Ente
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111 FinanCial statements oF
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115 Liabilities and equity EUR thous
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133 TO THE SHAREHOLDERS OF CHR. HAN
134 Board oF direCtors
135 exeCutive Board
136
SupplementaRy RepoRt CSR RepoRtSUPPLEMENTARY UK P
138
139 Balancing People, Planet & Profit
140 Staying focused on Performance Improvements
141 “Ambitious goals for improving resource
142 Environmentalperformanceindicatorforene
143 Accidentswithabsenceperyear
144 Responsible Supplier
145 Building Up Competencies Professionalandp
146 stErling managEmEnt In evaluations of manage
147 Reaching Out Contributingtothesociety
148 Looking Ahead With its new CSR strategy,
PEOPLE PROFIT PLANET
150 accounting policiEs for
Environmental complaints are the number of compla
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159 indEpEnd
Publishedby Chr.HansenHoldingA/S BoegeAllé10-12 D
www.chr-hansen.com