DANONE Registration Document 2008 PDF

DANONE Registration Document 2008

18.1 Company Shareholding as of December 31 2008 This Registration Document may only be used in support of a financial transaction if supplemented by a ...

Danone 2015 Registration document

2 déc. 2015 2008. 2007. 2006. 2005. 2004. 2003. 2002. 2 DAnone REGISTRATION DOCUMENT ... All references herein to “Sales” refer to the consolidated net ...

Danone

4.2 Financial statements of Danone SA the parent company Copies of this Registration Document are available from Danone at: 17

DOCUMENT DENREGISTREMENT UNIVERSEL 2020

1 janv. 2019 sur le site internet de Danone : www.danone.com et sur le site internet de l'Autorité des Marchés Financiers : www.amf-france.org.

Danone

28 avr. 2011 10.2 Persons responsible for the Registration Document 253 ... Net income – Attributable to owners of the Company.

2017 Registration Document

15 déc. 2011 4.2 Financial statements of DANONE SA the parent company ... Copies of this Registration Document are available from Danone at: 17

UNIVERSAL REGISTRATION DOCUMENT ANNUAL FINANCIAL

26 juin 2020 4.2 Financial statements of Danone SA the parent company ... DANONE UNIVERSAL REGISTRATION DOCUMENT 2020. 2. ESSENTIAL DAIRY. & PLANT-BASED.

Untitled

16 oct. 2019 1.2 Information about the universal Registration Document ... with a Net Debt/EBITDA ratio that the company expects to maintain.

ELEKTA AB (publ)

28 mai 2014 faster than the market and the financial objective of an annual net sales growth exceeding 10 per- cent in local currency remains unchanged.

2012 Registration Document

5.2 Notes to the financial statements of the parent company. Danone. This Registration Document includes all the items of the Annual Financial Report.

DANONE

Registration Document

2008

PERSONS RESPONSIBLE 2

1.1 Person Responsible for the Registration Document 2

1.2 Statement by the Person Responsible for the Registration Document 2

STATUTORY AUDITORS 3

SELECTED FINANCIAL INFORMATION 4

RISK FACTORS 6

4.1 Risk Identifi cation and Control Policy 6

4.2 Risks Inherent to the Business Activity 6

4.3 Legal Risks 9

4.4 Industrial Risks 10

4.5 Risks Related to the Environment 10

4.6 Financial Market Risks 11

4.7 Insurance and Risk Coverage 12

COMPANY INFORMATION 14

5.1 Company History and Evolution 14

5.2 Investments 17

OVERVIEW OF BUSINESS ACTIVITIES 19

6.1 Principal Business Activities of the Group 19

6.2 Principal Markets 24

ORGANIZATIONAL CHART 30

7.1 Group Description 30

7.2 Simplifi ed Organizational Structure of The Group as of December 31, 2008 30

PROPERTY, PLANT AND EQUIPMENTS 33

8.1 Main Production Sites 33

8.2 Environment and Safety 33

OPERATING AND FINANCIAL REVIEW 35

9.1 Financial Position 37

9.2 Operating Income 42

LIQUIDITY AND CAPITAL RESOURCES 43

10.1 Net Debt 43

10.2 Cash Flows 44

10.3 Financing Structure and Financial Security 45

10.4 Contractual Obligations and Off-Balance Sheet Commitments 46

RESEARCH AND DEVELOPMENT, PATENTS AND LICENSES 47

11.1 Research and Development Policy 47

11.2 Protection of Industrial and Intellectual Property Rights 48

TREND INFORMATION 49

PROFIT FORECASTS OR ESTIMATES 50

ADMINISTRATIVE, MANAGEMENT,

AND SUPERVISORY BODIES,

AND SENIOR MANAGEMENT 51

14.1 Composition of the Board of Directors and of the Executive Committee 51

14.2 Confl icts of Interests 53

REMUNERATION AND BENEFITS 54

15.1 Remuneration paid out during the Fiscal Year 54

15.2 Retirement Benefi ts 58

15.3 Information on Transactions carried out with Members of the Administrative, Management, and Supervisory Bodies 59

16 17 18 19 21
20 22
23
24
25
A 2 1 3 4 5 6 7 8 9 10 11 12 13 14 15 ORGANIZATION OF THE ADMINISTRATIVE AND GOVERNING BODIES 62

16.1 Directors" Terms of Offi ce 62

16.2 Service Contracts 62

16.3 Audit Committee, Nomination and Compensation Committee and Social Responsibility Committee 62

16.4 Corporate Governance 66

16.5 Conditions for the Preparation and Organization of the Board of Director"s Activities 66

16.6 Summary of the Internal Controls and Risk Management Procedures Established by the Company 67

16.7 Statutory Auditor"s Report 71

EMPLOYEES 72

17.1 Human Resources and Social Responsibility 72

17.2 Profi t Sharing and Stock Option Plans 75

17.3 Employee Share Ownership 80

PRINCIPAL SHAREHOLDERS 81

18.1 Company Shareholding as of December 31, 2008 and Signifi cant Changes over the Last Three Fiscal Years 81

18.2 Voting Rights 83

18.3 Change in Corporate Control 83

18.4 Market for Company"s Securities 84

18.5 Investments in Listed Companies 85

RELATED PARTY TRANSACTIONS 86

FINANCIAL INFORMATION CONCERNING

THE COMPANY"S ASSETS, FINANCIAL POSITION

AND RESULTS 87

20.1 Consolidated Documents 88

20.2 Corporate Documents 143

20.3 Dividend Distribution Policy 174

20.4 Legal and Arbitration Proceedings 175

20.5 Signifi cant Change in the Financial or Commercial Position 175

ADDITIONAL INFORMATION 176

21.1 Share Capital 176

21.2 Incorporation Documents and By-Laws 182

IMPORTANT CONTRACTS 185

INFORMATION ORIGINATING

FROM THIRD PARTIES, EXPERT DECLARATIONS

AND DECLARATIONS OF INTEREST 186

DOCUMENTS AVAILABLE TO THE PUBLIC 187

INFORMATION REGARDING COMPANY EQUITY

INTERESTS 189

APPENDICES TO THE COMBINED SHAREHOLDERS

MEETING OF APRIL 23, 2009 190

A.1 Draft of Resolutions presented at the Combined Shareholders" Meeting of April 23, 2009 191

A.2 Statutory Auditors" Special Reports presented at the Shareholders" Meeting of April 23, 2009 209

A.2 bis Statutory Auditors" Supplemental Report presented at the Shareholders" Meeting of April 23, 2009 212

A.3 Positions and responsibilities of the directors and the nominees to the Board of Directors 214

RECONCILIATION TABLE 234

GROUPE DANONE - Registration Document 20081

The French language version of this Document de Référence (Registration Document) was fi led with the Autorité des marchés financiers

on March 20, 2009, pursuant to article 212-13 of its General Regulations.

This Registration Document may only be used in support of a fi nancial transaction if supplemented by a note d"opération

(or securities notice) approved by the Autorité des marchés financiers.

Registration Document 2008

Copies of this Registration Document are available from Groupe Danone at 17, boulevard Haussmann 75009 Paris, France and on Groupe Danone"s website at: www.danone.com as well as on the website of the Autorité des marchés financiers at: www.amf-france.org This is a free translation into English for information purposes only

GROUPE DANONE

2Registration Document 2008 - GROUPE DANONE

PERSONS RESPONSIBLE

1.1 Person Responsible for the Registration Document

Mr. Franck RIBOUD

Chairman and Chief Executive Offi cer

Groupe Danone

1.2 Statement by the Person Responsible for the Registration Document

This is a free translation into English of the Chairman and Chief Executive Offi cer"s statement issued in French, and is

provided solely for the convenience of English-speaking readers. "We hereby certify, after having taken all reasonable measures thereto, that to the best of our knowledge all of the information in this registration document is accurate, and that no information liable to alter its scope has been omitted. We certify that, to our knowledge, the fi nancial statements in this document are prepared in accordance with applicable accounting standards and provide a faithful representation of the assets, the fi nancial situation, and results of the Company and all companies within its scope of consolidation, and that the management report referred to in the reconciliation table presents

a faithful representation of the evolution of the business, results and fi nancial position of the Company and all companies within

its scope of consolidation, as well as a description of the principal risks and uncertainties that they face. The statutory auditors have provided us with a letter (lettre de fin de travaux, or auditors" completion letter) stating that their work has been completed, and in which they indicate that they have verifi ed the information included in this registration document relative to the fi nancial situation and the fi nancial statements, and have read this registration document in its entirety."

The Chairman and Chief Executive Officer,

Franck RIBOUD

GROUPE DANONE - Registration Document 20083

STATUTORY AUDITORS

MAZARS

Member of the Compagnie Régionale

des Commissaires aux Comptes de Versailles

61, rue Henri-Regnault

92400 Courbevoie, France

Represented by Thierry Colin and Dominique MullerPRICEWATERHOUSECOOPERS AUDIT