Assets
| Type | Time | Amount | Unit |
|---|
Revenue
| Type | Start date | End date | Amount | Unit |
|---|
XML
See the xml submitted here:
XML: INVALID
Separator
The full data:
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<xbrli:measure>iso4217:EUR</xbrli:measure>
</xbrli:unit>
<xbrli:unit id="share">
<xbrli:measure>xbrli:shares</xbrli:measure>
</xbrli:unit>
<sob:StatementByExecutiveAndSupervisoryBoards contextRef="ctx1" xml:lang="en"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Management's statement</td></tr></table></sob:StatementByExecutiveAndSupervisoryBoards>
<sob:IdentificationOfApprovedAnnualReport contextRef="ctx1" xml:lang="en"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">The Executive Management and Board of Directors have today considered and adopted the annual report of Vestas Wind Systems A/S for the financial year 2015.</td></tr></table></sob:IdentificationOfApprovedAnnualReport>
<sob:ConfirmationThatAnnualReportIsPresentedInAccordanceWithRequirementsProvidedForByLegislationAnyStandardsAndRequirementsProvidedByArticlesOfAssociationOrByAgreement contextRef="ctx1" xml:lang="en"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">The consolidated financial statements are prepared in accordance with International Financial Reporting Standards as adopted by the EU, and the financial statements of Vestas Wind Systems A/S are prepared in accordance with the Danish Financial Statements Act. Moreover, the consolidated financial statements and the financial statements are prepared in accordance with additional Danish disclosure requirements for listed companies. The management report is also prepared in accordance with Danish disclosure requirements for listed companies.</td></tr></table></sob:ConfirmationThatAnnualReportIsPresentedInAccordanceWithRequirementsProvidedForByLegislationAnyStandardsAndRequirementsProvidedByArticlesOfAssociationOrByAgreement>
<sob:ConfirmationThatFinancialStatementGivesTrueAndFairViewOfAssetsLiabilitiesEquityFinancialPositionAndResults contextRef="ctx1" xml:lang="en"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">In our opinion, the consolidated financial statements and the financial statements give a true and fair view of the financial position at 31 December 2015 of the Group and the company and of the results of the Group and company's operations and consolidated cash flows for the financial year 1 January â 31 December 2015.</td></tr></table></sob:ConfirmationThatFinancialStatementGivesTrueAndFairViewOfAssetsLiabilitiesEquityFinancialPositionAndResults>
<sob:ManagementsStatementAboutManagementsReview contextRef="ctx1" xml:lang="en"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">In our opinion, the management report includes a true and fair account of the development in the operations and financial circumstances of the Group and the company, of the results for the year and of the financial position of the Group and the company as well as a description of the most significant risks and elements of uncertainty facing the Group and the company.</td></tr></table></sob:ManagementsStatementAboutManagementsReview>
<sob:ConfirmationThatSupplementaryReportsGiveTrueAndFairViewInAccordanceWithGenerallyAcceptedGuidelinesForSuchReports contextRef="ctx1" xml:lang="en"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">In our opinion, the Group has prepared the social and environmental statements in accordance with the accounting policies applied.</td></tr></table></sob:ConfirmationThatSupplementaryReportsGiveTrueAndFairViewInAccordanceWithGenerallyAcceptedGuidelinesForSuchReports>
<sob:RecommendationForApprovalOfAnnualReportByGeneralMeeting contextRef="ctx1" xml:lang="en"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">We recommend that the annual report be approved at the Annual General Meeting.</td></tr></table></sob:RecommendationForApprovalOfAnnualReportByGeneralMeeting>
<sob:PlaceOfSignatureOfStatement contextRef="ctx1" xml:lang="en">Aarhus</sob:PlaceOfSignatureOfStatement>
<sob:DateOfApprovalOfAnnualReport contextRef="ctx1">2016-02-09</sob:DateOfApprovalOfAnnualReport>
<arr:IndependentAuditorsReportsAudit contextRef="ctx1" xml:lang="en"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">The independent auditor's report</td></tr></table></arr:IndependentAuditorsReportsAudit>
<arr:AddresseeOfAuditorsReportOnAuditedFinancialStatements contextRef="ctx1" xml:lang="en"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">To the Shareholders of Vestas Wind Systems A/S</td></tr></table></arr:AddresseeOfAuditorsReportOnAuditedFinancialStatements>
<arr:IdentificationOfAuditedFinancialStatements contextRef="ctx1" xml:lang="en"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Report on Consolidated Financial Statements and Parent Company Financial Statements</td></tr><tr><td colspan="1">We have audited the Consolidated Financial Statements and the Parent Company Financial Statements of Vestas Wind Systems A/S for the financial year 1 January to 31 December 2015, pages 065-128 and pages 134-148, which comprise income statement, balance sheet, statement of changes in equity and notes, including summary of significant accounting policies, for both the Group and the Parent Company, as well as statement of comprehensive income and cash flow statement for the Group. The Consolidated Financial Statements are prepared in accordance with International Financial Reporting Standards as adopted by the EU, and the Parent Company Financial Statements are prepared under the Danish Financial Statements Act. Moreover, the Consolidated Financial Statements and the Parent Company Financial Statements are prepared in accordance with Danish disclosure requirements for listed companies.</td></tr></table></arr:IdentificationOfAuditedFinancialStatements>
<arr:StatementOfExecutiveAndSupervisoryBoardsResponsibilityForFinancialStatements contextRef="ctx1" xml:lang="en"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Managementâs Responsibility for the Consolidated Financial Statements and the Parent Company Financial Statements</td></tr><tr><td colspan="1">Management is responsible for the preparation of Consolidated Financial Statements that give a true and fair view in accordance with International Financial Reporting Standards as adopted by the EU and Danish disclosure requirements for listed companies and for preparing Parent Company Financial Statements that give a true and fair view in accordance with the Danish Financial Statements Act and Danish disclosure requirements for listed companies, and for such internal control as Management determines is necessary to enable the preparation of Consolidated Financial Statements and Parent Company Financial Statements that are free from material misstatement, whether due to fraud or error.</td></tr></table></arr:StatementOfExecutiveAndSupervisoryBoardsResponsibilityForFinancialStatements>
<arr:StatementOfAuditorsResponsibilityForAuditAndAuditPerformed contextRef="ctx1" xml:lang="en"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Auditorâs Responsibility.</td></tr><tr><td colspan="1">Our responsibility is to express an opinion on the Consolidated Financial Statements and the Parent Company Financial Statements based on our audit. We conducted our audit in accordance with International Standards on Auditing and additional requirements under Danish audit regulation. This requires that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance whether the Consolidated Financial Statements and the Parent Company Financial Statements are free from material misstatement.</td></tr><tr><td colspan="1">An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the Consolidated Financial Statements and the Parent Company Financial Statements. The procedures selected depend on the auditorâs judgment, including the assessment of the risks of material misstatement of the Consolidated Financial Statements and the Parent Company Financial Statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the Companyâs preparation of Consolidated Financial Statements and Parent Company Financial Statements that give a true and fair view in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Compa-nyâs internal control. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of accounting estimates made by Management, as well as evaluating the overall presentation of the Consolidated Financial Statements and the Parent Company Financial Statements.</td></tr><tr><td colspan="1">We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.</td></tr><tr><td colspan="1">The audit has not resulted in any qualification.</td></tr></table></arr:StatementOfAuditorsResponsibilityForAuditAndAuditPerformed>
<arr:OpinionOnAuditedFinancialStatements contextRef="ctx1" xml:lang="en"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Opinion</td></tr><tr><td colspan="1">In our opinion, the Consolidated Financial Statements give a true and fair view of the Groupâs financial position at 31 December 2015 and of the results of the Groupâs operations and cash flows for the financial year 1 January to 31 December 2015 in accordance with Inter national Financial Reporting Standards as adopted by the EU and Danish disclosure requirements for listed companies.</td></tr><tr><td colspan="1">Moreover, in our opinion, the Parent Company Financial Statements give a true and fair view of the Parent Companyâs financial position at 31 December 2015 and of the results of the Parent Companyâs operations for the financial year 1 January â 31 December 2015 in accordance with the Danish Financial Statements Act and Danish disclosure requirements for listed companies.</td></tr></table></arr:OpinionOnAuditedFinancialStatements>
<arr:StatementOnManagementsReviewAuditorsReportOnAuditedFinancialStatements contextRef="ctx1" xml:lang="en"><table xmlns="http://www.w3.org/1999/xhtml" style="border-right: 0px; border-top: 0px; border-left: 0px; width: 650px; border-bottom: 0px; border-collapse: collapse" width="100%"><tr><td colspan="1">Statement on Managementâs Review</td></tr><tr><td colspan="1">We have read Managementâs Review in accordance with the Danish Financial Statements Act. We have not performed any procedures additional to the audit of the Consolidated Financial Statements and the Parent Company Financial Statements. On this basis, in our opinion, the information provided in Managementâs Review is consistent with the Consolidated Financial Statements and the Parent Company Financial Statements.</td></tr></table></arr:StatementOnManagementsReviewAuditorsReportOnAuditedFinancialStatements>
<arr:SignatureOfAuditorsPlace contextRef="ctx1" xml:lang="en">Copenhagen</arr:SignatureOfAuditorsPlace>
<arr:SignatureOfAuditorsDate contextRef="ctx1">2016-02-09</arr:SignatureOfAuditorsDate>
<ifrs-full:Revenue contextRef="ctx1" unitRef="EUR" decimals="-6">8423000000</ifrs-full:Revenue>
<ifrs-dk:ProductionCost contextRef="ctx1" unitRef="EUR" decimals="-6">6918000000</ifrs-dk:ProductionCost>
<ifrs-full:GrossProfit contextRef="ctx1" unitRef="EUR" decimals="-6">1505000000</ifrs-full:GrossProfit>
<ifrs-full:ResearchAndDevelopmentExpense contextRef="ctx1" unitRef="EUR" decimals="-6">211000000</ifrs-full:ResearchAndDevelopmentExpense>
<ifrs-full:DistributionCosts contextRef="ctx1" unitRef="EUR" decimals="-6">186000000</ifrs-full:DistributionCosts>
<ifrs-full:AdministrativeExpense contextRef="ctx1" unitRef="EUR" decimals="-6">248000000</ifrs-full:AdministrativeExpense>
<ifrs-dk:SpecialItems contextRef="ctx1" unitRef="EUR" decimals="-6">46000000</ifrs-dk:SpecialItems>
<ifrs-full:ProfitLossFromOperatingActivities contextRef="ctx1" unitRef="EUR" decimals="-6">906000000</ifrs-full:ProfitLossFromOperatingActivities>
<ifrs-full:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod contextRef="ctx1" unitRef="EUR" decimals="-6">34000000</ifrs-full:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod>
<ifrs-full:FinanceIncome contextRef="ctx1" unitRef="EUR" decimals="-6">61000000</ifrs-full:FinanceIncome>
<ifrs-full:FinanceCosts contextRef="ctx1" unitRef="EUR" decimals="-6">76000000</ifrs-full:FinanceCosts>
<ifrs-full:ProfitLossBeforeTax contextRef="ctx1" unitRef="EUR" decimals="-6">925000000</ifrs-full:ProfitLossBeforeTax>
<ifrs-full:IncomeTaxExpenseContinuingOperations contextRef="ctx1" unitRef="EUR" decimals="-6">240000000</ifrs-full:IncomeTaxExpenseContinuingOperations>
<ifrs-full:ProfitLoss contextRef="ctx1" unitRef="EUR" decimals="-6">685000000</ifrs-full:ProfitLoss>
<ifrs-full:BasicEarningsLossPerShare contextRef="ctx1" unitRef="share" decimals="4">3.1000</ifrs-full:BasicEarningsLossPerShare>
<ifrs-full:DilutedEarningsLossPerShare contextRef="ctx1" unitRef="share" decimals="4">3.0700</ifrs-full:DilutedEarningsLossPerShare>
<ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationBeforeTax contextRef="ctx1" unitRef="EUR" decimals="-6">62000000</ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationBeforeTax>
<ifrs-full:GainsLossesOnCashFlowHedgesBeforeTax contextRef="ctx1" unitRef="EUR" decimals="-6">137000000</ifrs-full:GainsLossesOnCashFlowHedgesBeforeTax>
<ifrs-dk:TransferToProductionCostBeforeTax contextRef="ctx1" unitRef="EUR" decimals="-6">-107000000</ifrs-dk:TransferToProductionCostBeforeTax>
<ifrs-full:IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome contextRef="ctx1" unitRef="EUR" decimals="-6">8000000</ifrs-full:IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome>
<ifrs-full:ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodBeforeTax contextRef="ctx1" unitRef="EUR" decimals="-6">-5000000</ifrs-full:ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodBeforeTax>
<ifrs-full:OtherComprehensiveIncome contextRef="ctx1" unitRef="EUR" decimals="-6">79000000</ifrs-full:OtherComprehensiveIncome>
<ifrs-full:ComprehensiveIncome contextRef="ctx1" unitRef="EUR" decimals="-6">764000000</ifrs-full:ComprehensiveIncome>
<ifrs-full:OtherAdjustmentsForNoncashItems contextRef="ctx1" unitRef="EUR" decimals="-6">603000000</ifrs-full:OtherAdjustmentsForNoncashItems>
<ifrs-full:InterestReceivedClassifiedAsOperatingActivities contextRef="ctx1" unitRef="EUR" decimals="-6">14000000</ifrs-full:InterestReceivedClassifiedAsOperatingActivities>
<ifrs-full:InterestPaidClassifiedAsOperatingActivities contextRef="ctx1" unitRef="EUR" decimals="-6">43000000</ifrs-full:InterestPaidClassifiedAsOperatingActivities>
<ifrs-full:IncomeTaxesPaidRefundClassifiedAsOperatingActivities contextRef="ctx1" unitRef="EUR" decimals="-6">184000000</ifrs-full:IncomeTaxesPaidRefundClassifiedAsOperatingActivities>
<ifrs-dk:AdjustmentsForDecreaseIncreaseInWorkingCapital contextRef="ctx1" unitRef="EUR" decimals="-6">397000000</ifrs-dk:AdjustmentsForDecreaseIncreaseInWorkingCapital>
<ifrs-full:CashFlowsFromUsedInOperatingActivities contextRef="ctx1" unitRef="EUR" decimals="-6">1472000000</ifrs-full:CashFlowsFromUsedInOperatingActivities>
<ifrs-full:PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities contextRef="ctx1" unitRef="EUR" decimals="-6">148000000</ifrs-full:PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities>
<ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities contextRef="ctx1" unitRef="EUR" decimals="-6">220000000</ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities>
<ifrs-full:PurchaseOfOtherLongtermAssetsClassifiedAsInvestingActivities contextRef="ctx1" unitRef="EUR" decimals="-6">3000000</ifrs-full:PurchaseOfOtherLongtermAssetsClassifiedAsInvestingActivities>
<ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities contextRef="ctx1" unitRef="EUR" decimals="-6">55000000</ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities>
<ifrs-full:ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities contextRef="ctx1" unitRef="EUR" decimals="-6">1000000</ifrs-full:ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities>
<ifrs-full:ProceedsFromOtherLongtermAssetsClassifiedAsInvestingActivities contextRef="ctx1" unitRef="EUR" decimals="-6">0</ifrs-full:ProceedsFromOtherLongtermAssetsClassifiedAsInvestingActivities>
<ifrs-full:CashFlowsFromUsedInInvestingActivities contextRef="ctx1" unitRef="EUR" decimals="-6">-425000000</ifrs-full:CashFlowsFromUsedInInvestingActivities>
<ifrs-dk:FreeCashFlowsFromUsedInOperatingInvestingActivities contextRef="ctx1" unitRef="EUR" decimals="-6">1047000000</ifrs-dk:FreeCashFlowsFromUsedInOperatingInvestingActivities>
<ifrs-dk:PurchaseSaleOfTreasuryAssets contextRef="ctx1" unitRef="EUR" decimals="-6">176000000</ifrs-dk:PurchaseSaleOfTreasuryAssets>
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<ifrs-dk:CashReceiptsFromCurrentBorrowings contextRef="ctx1" unitRef="EUR" decimals="-6">496000000</ifrs-dk:CashReceiptsFromCurrentBorrowings>
<ifrs-full:RepaymentsOfBorrowingsClassifiedAsFinancingActivities contextRef="ctx1" unitRef="EUR" decimals="-6">604000000</ifrs-full:RepaymentsOfBorrowingsClassifiedAsFinancingActivities>
<ifrs-full:CashFlowsFromUsedInFinancingActivities contextRef="ctx1" unitRef="EUR" decimals="-6">-360000000</ifrs-full:CashFlowsFromUsedInFinancingActivities>
<ifrs-full:IncreaseDecreaseInCashAndCashEquivalents contextRef="ctx1" unitRef="EUR" decimals="-6">687000000</ifrs-full:IncreaseDecreaseInCashAndCashEquivalents>
<ifrs-full:EffectOfExchangeRateChangesOnCashAndCashEquivalents contextRef="ctx1" unitRef="EUR" decimals="-6">64000000</ifrs-full:EffectOfExchangeRateChangesOnCashAndCashEquivalents>
<gsd:NameOfReportingEntity contextRef="ctx1" xml:lang="en">Vestas Wind Systems A/S</gsd:NameOfReportingEntity>
<gsd:AddressOfReportingEntityStreetName contextRef="ctx1" xml:lang="en">Hedeager</gsd:AddressOfReportingEntityStreetName>
<gsd:AddressOfReportingEntityStreetBuildingIdentifier contextRef="ctx1" xml:lang="en">42</gsd:AddressOfReportingEntityStreetBuildingIdentifier>
<gsd:AddressOfReportingEntityPostCodeIdentifier contextRef="ctx1" xml:lang="en">8200</gsd:AddressOfReportingEntityPostCodeIdentifier>
<gsd:AddressOfReportingEntityDistrictName contextRef="ctx1" xml:lang="en">Aarhus N</gsd:AddressOfReportingEntityDistrictName>
<gsd:AddressOfReportingEntityCountry contextRef="ctx1" xml:lang="en">Denmark</gsd:AddressOfReportingEntityCountry>
<gsd:FaxNumberOfReportingEntity contextRef="ctx1" xml:lang="en">+45 9730 0001</gsd:FaxNumberOfReportingEntity>
<gsd:TelephoneNumberOfReportingEntity contextRef="ctx1" xml:lang="en">+45 9730 0000</gsd:TelephoneNumberOfReportingEntity>
<gsd:EmailOfReportingEntity contextRef="ctx1" xml:lang="en">vestas@vestas.com</gsd:EmailOfReportingEntity>
<gsd:HomepageOfReportingEntity contextRef="ctx1">vestas.com</gsd:HomepageOfReportingEntity>
<gsd:ReportingPeriodStartDate contextRef="ctx1">2015-01-01</gsd:ReportingPeriodStartDate>
<gsd:ReportingPeriodEndDate contextRef="ctx1">2015-12-31</gsd:ReportingPeriodEndDate>
<gsd:DateOfGeneralMeeting contextRef="ctx1">2016-03-30</gsd:DateOfGeneralMeeting>
<gsd:NameAndSurnameOfChairmanOfGeneralMeeting contextRef="ctx1" xml:lang="en">Klaus Søgaard</gsd:NameAndSurnameOfChairmanOfGeneralMeeting>
<gsd:IdentificationNumberCvrOfReportingEntity contextRef="ctx1">10403782</gsd:IdentificationNumberCvrOfReportingEntity>
<gsd:InformationOnTypeOfSubmittedReport contextRef="ctx1">Ã
rsrapport</gsd:InformationOnTypeOfSubmittedReport>
<gsd:IdentificationNumberCvrOfSubmittingEnterprise contextRef="ctx1">33771231</gsd:IdentificationNumberCvrOfSubmittingEnterprise>
<gsd:NameOfSubmittingEnterprise contextRef="ctx1" xml:lang="en">PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab</gsd:NameOfSubmittingEnterprise>
<gsd:AddressOfSubmittingEnterpriseStreetAndNumber contextRef="ctx1" xml:lang="en">Strandvejen 44</gsd:AddressOfSubmittingEnterpriseStreetAndNumber>
<gsd:AddressOfSubmittingEnterprisePostcodeAndTown contextRef="ctx1" xml:lang="en">2900 Hellerup</gsd:AddressOfSubmittingEnterprisePostcodeAndTown>
<cmn:TypeOfAuditorAssistance contextRef="ctx1">Revisionspåtegning</cmn:TypeOfAuditorAssistance>
<cmn:NameAndSurnameOfMemberOfExecutiveBoard contextRef="ctx2" xml:lang="en">Anders Runevad</cmn:NameAndSurnameOfMemberOfExecutiveBoard>
<cmn:TitleOfMemberOfExecutiveBoard contextRef="ctx2" xml:lang="en">Group President & CEO</cmn:TitleOfMemberOfExecutiveBoard>
<cmn:NameAndSurnameOfMemberOfExecutiveBoard contextRef="ctx3" xml:lang="en">Marika Fredriksson</cmn:NameAndSurnameOfMemberOfExecutiveBoard>
<cmn:TitleOfMemberOfExecutiveBoard contextRef="ctx3" xml:lang="en">Executive Vice President & CFO</cmn:TitleOfMemberOfExecutiveBoard>
<cmn:NameAndSurnameOfMemberOfExecutiveBoard contextRef="ctx4" xml:lang="en">Anders Vedel</cmn:NameAndSurnameOfMemberOfExecutiveBoard>
<cmn:TitleOfMemberOfExecutiveBoard contextRef="ctx4" xml:lang="en">Executive Vice President & CTO</cmn:TitleOfMemberOfExecutiveBoard>
<cmn:NameAndSurnameOfMemberOfExecutiveBoard contextRef="ctx5" xml:lang="en">Jean-Marc Lechêne</cmn:NameAndSurnameOfMemberOfExecutiveBoard>
<cmn:TitleOfMemberOfExecutiveBoard contextRef="ctx5" xml:lang="en">Executive Vice President & COO</cmn:TitleOfMemberOfExecutiveBoard>
<cmn:NameAndSurnameOfMemberOfExecutiveBoard contextRef="ctx6" xml:lang="en">Juan Araluce</cmn:NameAndSurnameOfMemberOfExecutiveBoard>
<cmn:TitleOfMemberOfExecutiveBoard contextRef="ctx6" xml:lang="en">Executive Vice President & CSO</cmn:TitleOfMemberOfExecutiveBoard>
<cmn:NameAndSurnameOfMemberOfSupervisoryBoard contextRef="ctx7" xml:lang="en">Bert Nordberg</cmn:NameAndSurnameOfMemberOfSupervisoryBoard>
<cmn:TitleOfMemberOfSupervisoryBoard contextRef="ctx7" xml:lang="en">Chairman</cmn:TitleOfMemberOfSupervisoryBoard>
<cmn:NameAndSurnameOfMemberOfSupervisoryBoard contextRef="ctx8" xml:lang="en">Lars Josefsson</cmn:NameAndSurnameOfMemberOfSupervisoryBoard>
<cmn:TitleOfMemberOfSupervisoryBoard contextRef="ctx8" xml:lang="en">Deputy Chairman</cmn:TitleOfMemberOfSupervisoryBoard>
<cmn:NameAndSurnameOfMemberOfSupervisoryBoard contextRef="ctx9" xml:lang="en">Carsten Bjerg</cmn:NameAndSurnameOfMemberOfSupervisoryBoard>
<cmn:NameAndSurnameOfMemberOfSupervisoryBoard contextRef="ctx10" xml:lang="en">Eija Pitkänen</cmn:NameAndSurnameOfMemberOfSupervisoryBoard>
<cmn:NameAndSurnameOfMemberOfSupervisoryBoard contextRef="ctx11" xml:lang="en">Henrik Andersen</cmn:NameAndSurnameOfMemberOfSupervisoryBoard>
<cmn:NameAndSurnameOfMemberOfSupervisoryBoard contextRef="ctx12" xml:lang="en">Henry Sténson</cmn:NameAndSurnameOfMemberOfSupervisoryBoard>
<cmn:NameAndSurnameOfMemberOfSupervisoryBoard contextRef="ctx13" xml:lang="en">Torben Ballegaard Sørensen</cmn:NameAndSurnameOfMemberOfSupervisoryBoard>
<cmn:NameAndSurnameOfMemberOfSupervisoryBoard contextRef="ctx14" xml:lang="en">Lykke Friis</cmn:NameAndSurnameOfMemberOfSupervisoryBoard>
<cmn:NameAndSurnameOfMemberOfSupervisoryBoard contextRef="ctx15" xml:lang="en">Kim Hvid Thomsen</cmn:NameAndSurnameOfMemberOfSupervisoryBoard>
<cmn:NameAndSurnameOfMemberOfSupervisoryBoard contextRef="ctx16" xml:lang="en">Michael Abildgaard Lisbjerg</cmn:NameAndSurnameOfMemberOfSupervisoryBoard>
<cmn:NameAndSurnameOfMemberOfSupervisoryBoard contextRef="ctx17" xml:lang="en">Sussie Dvinge Agerbo</cmn:NameAndSurnameOfMemberOfSupervisoryBoard>
<cmn:NameAndSurnameOfMemberOfSupervisoryBoard contextRef="ctx18" xml:lang="en">Kim Bredo Rahbek</cmn:NameAndSurnameOfMemberOfSupervisoryBoard>
<cmn:NameOfAuditFirm contextRef="ctx19" xml:lang="en">PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab</cmn:NameOfAuditFirm>
<cmn:IdentificationNumberCvrOfAuditFirm contextRef="ctx19">33771231</cmn:IdentificationNumberCvrOfAuditFirm>
<cmn:NameAndSurnameOfAuditor contextRef="ctx19" xml:lang="en">Claus Lindholm Jacobsen</cmn:NameAndSurnameOfAuditor>
<cmn:DescriptionOfAuditor contextRef="ctx19" xml:lang="en">State Authorised Public Accountant</cmn:DescriptionOfAuditor>
<cmn:NameAndSurnameOfAuditor contextRef="ctx20" xml:lang="en">Kim Tromholt</cmn:NameAndSurnameOfAuditor>
<cmn:DescriptionOfAuditor contextRef="ctx20" xml:lang="en">State Authorised Public Accountant</cmn:DescriptionOfAuditor>
<ifrs-full:Revenue contextRef="ctx21" unitRef="EUR" decimals="-6">6910000000</ifrs-full:Revenue>
<ifrs-dk:ProductionCost contextRef="ctx21" unitRef="EUR" decimals="-6">5732000000</ifrs-dk:ProductionCost>
<ifrs-full:GrossProfit contextRef="ctx21" unitRef="EUR" decimals="-6">1178000000</ifrs-full:GrossProfit>
<ifrs-full:ResearchAndDevelopmentExpense contextRef="ctx21" unitRef="EUR" decimals="-6">213000000</ifrs-full:ResearchAndDevelopmentExpense>
<ifrs-full:DistributionCosts contextRef="ctx21" unitRef="EUR" decimals="-6">158000000</ifrs-full:DistributionCosts>
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<ifrs-full:LandAndBuildings contextRef="ctx22" unitRef="EUR" decimals="-6">763000000</ifrs-full:LandAndBuildings>
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<ifrs-dk:PropertyPlantAndEquipmentInProgress contextRef="ctx22" unitRef="EUR" decimals="-6">106000000</ifrs-dk:PropertyPlantAndEquipmentInProgress>
<ifrs-full:PropertyPlantAndEquipment contextRef="ctx22" unitRef="EUR" decimals="-6">1279000000</ifrs-full:PropertyPlantAndEquipment>
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<ifrs-dk:NoncurrentInvestments contextRef="ctx22" unitRef="EUR" decimals="-6">20000000</ifrs-dk:NoncurrentInvestments>
<ifrs-full:CurrentTaxAssetsNoncurrent contextRef="ctx22" unitRef="EUR" decimals="-6">109000000</ifrs-full:CurrentTaxAssetsNoncurrent>
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<ifrs-full:NoncurrentAssets contextRef="ctx22" unitRef="EUR" decimals="-6">2508000000</ifrs-full:NoncurrentAssets>
<ifrs-full:Inventories contextRef="ctx22" unitRef="EUR" decimals="-6">1899000000</ifrs-full:Inventories>
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<ifrs-dk:ConstructionContracts contextRef="ctx22" unitRef="EUR" decimals="-6">15000000</ifrs-dk:ConstructionContracts>
<ifrs-full:CurrentTaxAssetsCurrent contextRef="ctx22" unitRef="EUR" decimals="-6">60000000</ifrs-full:CurrentTaxAssetsCurrent>
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<ifrs-full:Cash contextRef="ctx22" unitRef="EUR" decimals="-6">2765000000</ifrs-full:Cash>
<ifrs-full:CurrentAssets contextRef="ctx22" unitRef="EUR" decimals="-6">5976000000</ifrs-full:CurrentAssets>
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<ifrs-full:Assets contextRef="ctx22" unitRef="EUR" decimals="-6">8587000000</ifrs-full:Assets>
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<ifrs-full:RetainedEarnings contextRef="ctx22" unitRef="EUR" decimals="-6">2731000000</ifrs-full:RetainedEarnings>
<ifrs-full:Equity contextRef="ctx22" unitRef="EUR" decimals="-6">2899000000</ifrs-full:Equity>
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<ifrs-full:CurrentTaxLiabilitiesNoncurrent contextRef="ctx22" unitRef="EUR" decimals="-6">44000000</ifrs-full:CurrentTaxLiabilitiesNoncurrent>
<ifrs-full:OtherNoncurrentLiabilities contextRef="ctx22" unitRef="EUR" decimals="-6">10000000</ifrs-full:OtherNoncurrentLiabilities>
<ifrs-full:NoncurrentLiabilities contextRef="ctx22" unitRef="EUR" decimals="-6">883000000</ifrs-full:NoncurrentLiabilities>
<ifrs-dk:CurrentPrepaymentsFromCustomers contextRef="ctx22" unitRef="EUR" decimals="-6">2258000000</ifrs-dk:CurrentPrepaymentsFromCustomers>
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<ifrs-full:CurrentLiabilities contextRef="ctx22" unitRef="EUR" decimals="-6">4805000000</ifrs-full:CurrentLiabilities>
<ifrs-full:Liabilities contextRef="ctx22" unitRef="EUR" decimals="-6">5688000000</ifrs-full:Liabilities>
<ifrs-full:EquityAndLiabilities contextRef="ctx22" unitRef="EUR" decimals="-6">8587000000</ifrs-full:EquityAndLiabilities>
<ifrs-full:CashAndCashEquivalents contextRef="ctx22" unitRef="EUR" decimals="-6">2765000000</ifrs-full:CashAndCashEquivalents>
<ifrs-full:Goodwill contextRef="ctx23" unitRef="EUR" decimals="-6">215000000</ifrs-full:Goodwill>
<ifrs-dk:CompletedDevelopmentProjects contextRef="ctx23" unitRef="EUR" decimals="-6">274000000</ifrs-dk:CompletedDevelopmentProjects>
<ifrs-full:ComputerSoftware contextRef="ctx23" unitRef="EUR" decimals="-6">32000000</ifrs-full:ComputerSoftware>
<ifrs-dk:DevelopmentProjectsInProgress contextRef="ctx23" unitRef="EUR" decimals="-6">137000000</ifrs-dk:DevelopmentProjectsInProgress>
<ifrs-full:IntangibleAssetsAndGoodwill contextRef="ctx23" unitRef="EUR" decimals="-6">658000000</ifrs-full:IntangibleAssetsAndGoodwill>
<ifrs-full:LandAndBuildings contextRef="ctx23" unitRef="EUR" decimals="-6">695000000</ifrs-full:LandAndBuildings>
<ifrs-dk:PlantAndMachinery contextRef="ctx23" unitRef="EUR" decimals="-6">211000000</ifrs-dk:PlantAndMachinery>
<ifrs-dk:OtherPlantFixturesAndFittingsToolsAndEquipment contextRef="ctx23" unitRef="EUR" decimals="-6">168000000</ifrs-dk:OtherPlantFixturesAndFittingsToolsAndEquipment>
<ifrs-dk:PropertyPlantAndEquipmentInProgress contextRef="ctx23" unitRef="EUR" decimals="-6">58000000</ifrs-dk:PropertyPlantAndEquipmentInProgress>
<ifrs-full:PropertyPlantAndEquipment contextRef="ctx23" unitRef="EUR" decimals="-6">1132000000</ifrs-full:PropertyPlantAndEquipment>
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<ifrs-full:DeferredTaxAssets contextRef="ctx23" unitRef="EUR" decimals="-6">170000000</ifrs-full:DeferredTaxAssets>
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<ifrs-full:NoncurrentAssets contextRef="ctx23" unitRef="EUR" decimals="-6">2198000000</ifrs-full:NoncurrentAssets>
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<ifrs-dk:ConstructionContracts contextRef="ctx23" unitRef="EUR" decimals="-6">104000000</ifrs-dk:ConstructionContracts>
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<ifrs-full:Cash contextRef="ctx23" unitRef="EUR" decimals="-6">2018000000</ifrs-full:Cash>
<ifrs-full:CurrentAssets contextRef="ctx23" unitRef="EUR" decimals="-6">4696000000</ifrs-full:CurrentAssets>
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<ifrs-full:Assets contextRef="ctx23" unitRef="EUR" decimals="-6">6997000000</ifrs-full:Assets>
<ifrs-full:IssuedCapital contextRef="ctx23" unitRef="EUR" decimals="-6">30000000</ifrs-full:IssuedCapital>
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<ifrs-full:RetainedEarnings contextRef="ctx23" unitRef="EUR" decimals="-6">1851000000</ifrs-full:RetainedEarnings>
<ifrs-full:Equity contextRef="ctx23" unitRef="EUR" decimals="-6">2379000000</ifrs-full:Equity>
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<ifrs-full:OtherNoncurrentLiabilities contextRef="ctx23" unitRef="EUR" decimals="-6">10000000</ifrs-full:OtherNoncurrentLiabilities>
<ifrs-full:NoncurrentLiabilities contextRef="ctx23" unitRef="EUR" decimals="-6">261000000</ifrs-full:NoncurrentLiabilities>
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<ifrs-full:CurrentLiabilities contextRef="ctx23" unitRef="EUR" decimals="-6">4357000000</ifrs-full:CurrentLiabilities>
<ifrs-full:Liabilities contextRef="ctx23" unitRef="EUR" decimals="-6">4618000000</ifrs-full:Liabilities>
<ifrs-full:EquityAndLiabilities contextRef="ctx23" unitRef="EUR" decimals="-6">6997000000</ifrs-full:EquityAndLiabilities>
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<ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx24" xml:lang="en">Profit for the year, cash flow</ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx24" unitRef="EUR" decimals="-6">685000000</ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx25" xml:lang="en">Profit for the year, cash flow</ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx25" unitRef="EUR" decimals="-6">392000000</ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx26" xml:lang="en">Cash flow from operating activities before change in net working capital</ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx26" unitRef="EUR" decimals="-6">1075000000</ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx27" xml:lang="en">Cash flow from operating activities before change in net working capital</ifrs-dk:NameOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities contextRef="ctx27" unitRef="EUR" decimals="-6">866000000</ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInOperatingActivities>
<ifrs-dk:NameOfComponentOfCashFlowsFromUsedInFinancingActivities contextRef="ctx28" xml:lang="en">Disposal of treasury shares</ifrs-dk:NameOfComponentOfCashFlowsFromUsedInFinancingActivities>
<ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInFinancingActivities contextRef="ctx28" unitRef="EUR" decimals="-6">40000000</ifrs-dk:AmountOfComponentOfCashFlowsFromUsedInFinancingActivities>
<ifrs-full:CashAndCashEquivalents contextRef="ctx29" unitRef="EUR" decimals="-6">2014000000</ifrs-full:CashAndCashEquivalents>
<ifrs-full:CashAndCashEquivalents contextRef="ctx30" unitRef="EUR" decimals="-6">690000000</ifrs-full:CashAndCashEquivalents>
</xbrli:xbrl>