Financial report  >  Consolidated financial statements Geberit Group

Notes to the Consolidated Financial Statements

  1. 1. Basis of preparation

  2. 2. Changes in Group organization

  3. 3. Summary of significant accounting policies

  4. 4. Risk assessment and management

  5. 5. Management of capital

  6. 6. Marketable securities

  7. 7. Trade accounts receivable

  8. 8. Other current assets and current financial assets

  9. 9. Inventories

  10. 10. Property, plant and equipment

  11. 11. Other non-current assets and non-current financial assets

  12. 12. Goodwill and intangible assets

  13. 13. Short-term debt

  14. 14. Other current provisions and liabilities

  15. 15. Long-term debt

  16. 16. Derivative financial instruments

  17. 17. Retirement benefit plans

  18. 18. Participation plans

  19. 19. Deferred tax assets and liabilities

  20. 20. Other non-current provisions and liabilities

  21. 21. Contingencies

  22. 22. Capital stock and treasury shares

  23. 23. Earnings per share

  24. 24. Cash discounts and customer bonuses

  25. 25. Other operating expenses, net

  26. 26. Financial result, net

  27. 27. Income tax expenses

  28. 28. Cashflow figures

  29. 29. Segment reporting

  30. 30. Related party transactions

  31. 31. Foreign exchange rates

    The following exchange rates were used for the consolidated financial statements:

            2012   2011
      Currency     Balance
    sheet
    Income
    statement
      Balance
    sheet
    Income
    statement
    European Currency Union EUR 1   1.2073 1.2053   1.2174 1.2345
    United Kingdom GBP 1   1.4793 1.4864   1.4497 1.4154
    USA USD 1   0.9148 0.9380   0.9405 0.8857
    Poland PLN 100   29.5800 28.8280   27.6700 30.0440
    China CNY 100   14.6800 14.8760   14.9300 13.6780
    Denmark DKK 100   16.1820 16.1950   16.3760 16.5560
    Australia AUD 1   0.9496 0.9709   0.9558 0.9094
    Czech Republic CZK 100   4.8110 4.8010   4.7250 5.0260
    Hungary HUF 100   0.4131 0.4160   0.3923 0.4410
    Norway NOK 100   16.3940 16.1240   15.6660 15.8260
    Sweden SEK 100   14.0500 13.8410   13.6150 13.6720
    Singapore SGD 1   0.7492 0.7508   0.7234 0.7020
    South Africa ZAR 100   10.7600 11.4730   11.5300 12.1870
    India INR 100   1.6700 1.7530   1.7700 1.8990

  32. 32. Subsequent events

  33. 33. Additional disclosures on financial instruments

  34. 34. Group companies as of December 31, 2012