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4.2 FINANCIAL STATEMENTS OF DANONE SA, THE DANONE PARENT COMPANY
Notes to the financial statements of the parent company Danone
DANONE
REGISTRATION DOCUMENT 2015
146
Notes to the financial statements of the parent company Danone
The financial statements of the parent company Danone (“the
Company”) for the year ended December 31, 2015 were approved by
Danone's Board of Directors on February 22, 2016 and will be sub-
mitted for approval to the Shareholders' Meeting on April 28, 2016.
Danone and its consolidated subsidiaries constitute “the Group”.
Unless indicated otherwise, amounts are expressed in millions of
euros and rounded to the nearest million. Generally speaking, the
values presented in the financial statements of the parent company
Danone and in the Notes to the financial statements of the parent
company Danone are rounded to the nearest unit. Consequently,
the sum of the rounded amounts may differ, albeit to an insignificant
extent, from the reported total. In addition, ratios and variances are
calculated on the basis of the underlying amounts and not on the
basis of the rounded amounts.
TABLE OF CONTENTS
GENERAL INFORMATION: ACCOUNTING
PRINCIPLES AND HIGHLIGHTS OF THE YEAR
Note 1.
Accounting principles
147
Note 2.
Highlights of the year
149
INCOME STATEMENTS ITEMS
Note 3.
Operating income
149
Note 4.
Personnel costs and compensation of the
members
of the management bodies and the Board of
Directors
149
Note 5.
Other operating expense
150
Note 6.
Net financial income (expense)
150
Note 7.
Net non-recurring income (expense)
151
Note 8.
Income tax
151
BALANCE SHEET ITEMS – ASSETS
Note 9.
Financial assets
152
Note 10. Short-term loans and receivables
154
Note 11.
Marketable securities
154
BALANCE SHEET ITEMS – EQUITY AND LIABILITIES
Note 12. Equity
155
Note 13. Provisions for risks and charges
155
Note 14. Bonds and other financial debt
156
Note 15. Other liabilities
158
OTHER INFORMATION
Note 16. Net debt
159
Note 17.
Post-employment benefit commitments and
commitments to management bodies and the
Board of Directors
160
Note 18. Off-balance sheet commitments
161
Note 19.
Personnel
161
Note 20. Related party transactions
162
Note 21. Summary of shares held in portfolio
162
Note 22. Results and other significant information
relating to the last five years
163
Note 23. Subsequent events
163