The year 2014/15 will be remembered as an exceptional and challenging one. Despite lower European demand for seed potatoes, HZPC has maintained its market position in Europe and secured competitive prices for our growers. Outside Europe we have, as hoped, been able to achieve good exports. ‘Growing with our potatoes’ is our fundament.
- 4.1 Consolidated balance sheet
- 4.2 Consolidated profit and loss statement
- 4.3 Consolidated cash flow statement
- 4.4 Notes to the consolidated financial statement 2014/2015
- 4.5 Notes to the consolidated balance sheet
- 4.6 Notes to the consolidated profit and loss statement
- 4.7 Seperate company balance sheet
- 4.8 Seperate profit and loss statement
- 4.9 Notes to the seperate company financial statement
- 4.10 Notes to the seperate company balance sheet
- 4.11 Other explanatory notes
Responsible food for today’s and tomorrow’s global population
climate change and extreme weather
|x 1 million euro||2010/11||2011/12||2012/13||2013/14||2014/15|
|Result after tax||8.6||4.4||1.0||9.2||4.5|
|Depreciation tangible fixed assets||2.1||2.2||2.4||2.6||2.7|
|Investments in tangible fixed assets||1.0||2.9||2.1||2.8||3.4|
|Cash flow from operating activities||3.4||0.5||12.3||18.6||5.8|
|Cash and cash equivalents||20.6||12.4||17.8||32.9||27.6|
|Group equity as % of total assets
The HZPC group has an international market leading position in potato breeding, seed potato trading, and product and variety concepts. The team consists of more than 300 employees in over 10 countries. HZPC potato varieties and seed potatoes allow potato growers worldwide to achieve a sustainable, healthy growth that respects people and the environment. Our breeders develop potato varieties optimally suited to local growing conditions. With HZPC varieties, local potato growers can respond dynamically to the needs of their markets and market segments such as manufacturing, retail and the consumer market.
To really know our various geographic markets, and to serve them and analyse trends, we have divided our organisation into the five sectors that we identify in the market:
Retail Fresh Sector
French Fries Sector
Production & Logistics
In an increasingly competitive market, the focus for Production & Logistics remains on the growing of good quality seed potatoes and providing a reliable service to our direct and indirect customer, the ware potato grower.
Research & Development
Breeding techniques are rapidly evolving.
This is necessary to keep pace with
global human and societal developments.
The capabilities and know-how of HZPC R&D
in Metslawier are highly specialised,
and we apply them consciously and responsibly.
We are furthering fundamental scientific
knowledge and working on the application
of new plant breeding techniques such as...
HRM | Employee and Talent Development
Number of employees in FTE (left) and workforce composition in %
HZPC and Sustainability
Doing business inherently involves taking risks. By taking balanced risks we strive to continuously build on being a financially sound and sustainable Company. Risk management is therefore an important element of our corporate governance and strategy development.External risks Internal risks
HZPC Holland B.V. is a two-tier board company with an Executive Board and an independent Supervisory Board. The Supervisory Board appoints the members of the Executive Board.
HZPC’s Executive Board consists of Gerard Backx (Chief Executive Officer and statutory executive), Herman D. Heijtmeijer (acting Chief Finance Officer) and Herman Verveld (Chief Commercial Officer).Corporate Governance
|Profit per share certificate (x EUR 1)||€ 10.94||€ 5.67||€ 1.30||€ 11.74||€ 5.73|
|Dividend per share certificate (x EUR 1)||€ 7.00||€ 3.75||€ 1.00||€ 7.50||€ 3.75|
|Dividend as % of the net result||64%||66%||77%||64%||65%|
|Share certificate price as
per June 30 (x EUR 1)
|€ 53.20||€ 64.35||€ 77.90||€ 93.50||€ 113.15|
|Return on shares (x EUR 1)||€ 16.20||€ 14.90||€ 14.55||€ 23.10||€ 23.40|
|Total shareholders return in %
of share certificate price
(as per June 30 of previous year)