0f0a74ca-2cff-450b-811f-fb67520d3469.pdf


ANNUAL

2015

REPORT


RESULTS REPOSITION REVIEW RESPONSIBILITY REPORT REFLECTION


SFG/AR/15


Disclaimer The 2016 outlook reflects management's expectations of future events and must be viewed in the context of the business environments and currency markets, which may cause actual results to deviate materially from those projected by Santa Fe Group. The outlook is stated at current exchange rates and based on estimated consensus growth rates in key economies as well as present expectations from key corporate customers. Santa Fe's business is seasonal and dependent on the third quarter peak season at the Northern Hemisphere as well as the local fourth quarter peak season in Australia. Hence, the majority of revenue and earnings may be recognized in these periods.

MANAGEMENT REVIEW

01


FACTS IN NUMBERS 05

02

LETTER TO OUR SHAREHOLDERS 06

2020 STRATEGY 08

THE STRATEGIC AGENDA IN 2016 11

03

FINANCIAL HIGHLIGHTS AND KEY RATIOS 13

SANTA FE IN BRIEF 15

FINANCIAL REVIEW 16

04

SUSTAINABILITY 21

CORPORATE GOVERNANCE 23

BOARD OF DIRECTORS 24

RISK MANAGEMENT 26

INTERNAL CONTROLS 29

SHAREHOLDER INFORMATION 30

STATEMENT BY THE BOARD OF DIRECTORS AND EXECUTIVE BOARD 32

INDEPENDENT AUDITORS' REPORT 33

FINANCIAL STATEMENTS

05

CONSOLIDATED FINANCIAL STATEMENTS 35

PARENT COMPANY FINANCIAL STATEMENTS 67

06

DEFINITIONS 81

SUBSIDIARIES AND ASSOCIATES 82

CONTACTS 84

01

4 RESULTS

Santa Fe Group A/S issued this content on 03 March 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 03 March 2016 07:35:17 UTC

Original Document: http://investor.thesantafegroup.com/releasedetail.cfm?ReleaseID=958585