http://www.maersk.com/Press/NewsAndPressReleases en-US Maersk.Com News & Press Releases News and press releases created by custom CreateNew application page http://www.maersk.com/Press/NewsAndPressReleases/Pages/20100902-115548.aspx Thu, 02 Sep 2010 09:52:00 GMT <p><span lang=EN-GB> <p>We are pleased to announce that Henrik Lund joins the A.P. Moller - Maersk Group as head of Investor Relations. The starting date has not yet been finalised, however, Henrik will take up his new position before 1 December 2010.</p> <p>Henrik Lund (45) has been head of research at Carnegie Bank since 2007, and 1999-2007 he was senior equity analyst at Danske Bank; in both positions he has covered A.P. Moller – Maersk and has extensive knowledge about the Group.</p> <i> <p>Contact: Group CFO Trond Westlie +45 3363 3650</p> </i></span></p> News and press releases created by custom CreateNew application page http://www.maersk.com/Press/NewsAndPressReleases/Pages/20100818-080230.aspx Wed, 18 Aug 2010 06:05:00 GMT News and press releases created by custom CreateNew application page http://www.maersk.com/Press/NewsAndPressReleases/Pages/20100708-080104.aspx Thu, 08 Jul 2010 05:48:00 GMT <p>In the Interim Management Statement on 12 May 2010, A.P. Møller - Mærsk A/S announced that a profit for 2010 was expected – an improvement compared to the previous expectations on 4 March 2010 of a modest profit.<br> The improvement of especially the container business has since then been greater than envisaged and the Company now expects that the profit for 2010 will exceed the profit for 2008 (which was USD 3.5 billion corresponding to DKK 17.6 billion at the time), provided that  freight rates, oil prices and the USD exchange rate remain stable at current levels. This includes an accounting gain from the previously announced sale of shares in the Yantian terminal in China which has now been closed. Dansk Supermarked’s sale of Netto Foodstores Limited is still subject to approval from the UK competition authorities, and the possible gain from the sale has not been included in the above-mentioned estimate.<br> The outlook for 2010 is still subject to considerable uncertainty, not least due to the development in the global economy. Specific uncertainties relate to the container freight rates, transported volumes, USD exchange rate and oil prices.<br> The result for the first half year 2010 including an elaboration on the expectations for the 2010 result will be announced with the Interim Report on 18 August 2010.</p> <p>Copenhagen, 8 July 2010.</p> <p>Contact person: Nils Smedegaard Andersen, Group CEO, phone: +45 3363 3534</p> News and press releases created by custom CreateNew application page http://www.maersk.com/Press/NewsAndPressReleases/Pages/20100705-120232.aspx Mon, 05 Jul 2010 09:50:00 GMT <p>Maersk Tankers, Hyundai Heavy Industries (HHI) and Det Norske Veritas (DNV) have agreed to collaborate on the design and risk assessment of tankers for shipping CO2.</p> <p>Maersk Tankers is already in a partnership with Maersk Oil and Finnish utilities Fortum and Teollisuuden Voima (TVO), aimed at developing a joint carbon emissions abatement project in the area of Carbon Capture and Storage (CCS).</p> <p>“Shipping CO2 in tanker vessels is a cost effective and flexible way to get CO2 from power plants to offshore storage sites, which makes it a suitable solution for large CO2 emission sources such as coal-fired power plants, especially in the emerging phase of CCS.” says Anders Schulze, Head of CO2 Shipping in Maersk Tankers.<br> Maersk Tankers and HHI already have the initial blueprints to build tanker vessels for the transport of CO2 from emission sources to storage sites. The vessels will be semi-pressurised and semi-refrigerated, keeping the CO2 liquid. HHI has designed the vessels together with Maersk Tankers, based on years of experience with transportation of liquefied petrochemicals and natural gas, and in accordance with global standards.<br> “The further development of the CO2 carrier design shall mainly focus on the safety and the Green ship requirements while emphasising the high energy efficiency of the vessel. HHI’s technical cooperation with Maersk Tankers and DNV explains well HHI’s policy of constant pursuit of new technology and also its dedication to finding solutions to the environmental issues in the shipbuilding segment.” says  Mr. Jae Keun Ha, Senior Vice President of HHI.</p> <p>DNV will provide feasibility studies, risk identification in addition to general support for compliance with applicable class Rules and the current Gas Carrier Code as well as its latest developments specifying CO2 in more detail. These tasks will also include evaluations and support to ensure that the vessel is fit for purpose and fits well into the specific CCS chain.</p> <p>“The overall technical features of these CO2 carriers have similarities with LPG carriers and offshore shuttle tankers. Many of the applicable safety standards to be applied are therefore basically well known. Studies will, however, have to be carried out to ensure that all features and specialities have been adequately addressed and that the vessels’ interface with the rest of the CCS chain is in harmony with the intentions.” says Jan Koren, DNV’s Segment Director Tankers.</p> <p>For more information please contact:</p> <p>Anders Bradt Schulze, Head of CO2 Shipping, Maersk Tankers, +45 33634943<br> Jae Keun Ha, Senior Vice President, Hyundai Heavy Industries, +82 522020223<br> Jan Koren, Segment Director Tankers, Det Norske Veritas, +47 67578799</p> <p>The A.P. Moller - Maersk Group is a worldwide conglomerate. We operate in some 130 countries and have a workforce of some 115,000 employees. In addition to owning one of the world’s largest shipping companies, we are involved in a wide range of activities in the energy, logistics, retail and manufacturing industries. More detailed information about all our business areas is available here. For further information: <a href="/">www.maersk.com</a></p> <p>Maersk Tankers is part of the A.P. Moller – Maersk Group and operates one of the largest, most modern and diversified independent tanker fleets in the world, with approximately 300 vessels. Our fleet is exclusively double hulled - all meeting the latest industry standards and requirements. We focus on safety, the environment and cost efficiency. Maersk Maritime Technology (MMT) is on behalf of Maersk Tankers responsible for the technical part of the project. Maersk Maritime Technology is part of the A.P. Moller – Maersk Group and is a specialised ship technology knowledge and competence centre within the A. P. Moller - Maersk group. MMT provides technical consultancy and performance management to more than 350 ships in operation and drives innovation, green recycling, ship repair and newbuilding projects.</p> <p>Hyundai Heavy Industries was founded by the late Chung Ju-yung on March 23, 1972 and wrote the first chapter of its shipbuilding history in June, 1974, by completing construction of the world's largest shipyard and two 260,000-dwt VLCCs all at the same time. A decade after its first delivery, the Hyundai Shipyard topped 10 million deadweight tons in aggregate ship production, and has maintained the leading position in the world shipbuilding market ever since. Hyundai Heavy Industries delivered their first tanker to Maersk in 1989. To date, Maersk has placed an order of 80 vessels with HHI, of which 20 vessels are under construction.</p> <p>Hyundai Shipyard's success has allowed it to expand into other heavy industry areas, ultimately leading to the formation of Hyundai Heavy Industries, an integrated heavy industry company.</p> <p>HHI has a global business network in each of its six business divisions: Shipbuilding, Offshore &amp; Engineering, Industrial Plant &amp; Engineering, Engine &amp; Machinery, Electro Electric Systems, and Construction Equipment.</p> <p>Det Norske Veritas is an independent foundation with the purpose of safeguarding life, property, and the environment. Since 1864, DNV’s core competence has been to identify, assess, and advise on risk management and DNV is the leading classification society for LPG carriers. DNV has for the last decade had a team of people working with the whole carbon capture and storage chain and DNV is classifying 3 CO2 carriers of the world fleet of 4 such vessels. Currently, the DNV classed fleet consists of close to 5600 vessels accumulating around 138 mgt. DNV is headquartered in Oslo with approximately 300 offices in 100 countries.</p> News and press releases created by custom CreateNew application page http://www.maersk.com/Press/NewsAndPressReleases/Pages/20100527-100708.aspx Thu, 27 May 2010 08:04:00 GMT <div style="text-autospace:ideograph-numeric"><span style="font-size:10pt;color:black">Dansk Supermarked A/S has today entered into an agreement to sell its fully owned subsidiary Netto Foodstores Limited to Asda Stores Limited at a total consideration of GBP 778 million on a cash and debt free basis.</span></div> <div style="text-autospace:ideograph-numeric"> </div> <div><span style="font-size:10pt;color:black">“</span><span style="font-size:10pt;color:black">Netto UK has been profitable and was appointed ‘Discounter of the Year’ in 2009 in the United Kingdom. We have substantial opportunities for growth in Scandinavia and Northern Europe and believe that the time has come to focus our efforts on the development of our business in these countries. As a major league player Asda is an ideal purchaser of our UK business</span><span style="font-size:10pt;color:black">,” says Erling Jensen, CEO of Dansk Supermarked A/S.</span></div> <div> </div> <div><span style="font-size:10pt;color:black">“Dansk Supermarked will continue to invest in Netto and will continue to have a strong focus on growing the business in line with the strategy as set out by the board and supported by our owners who see retail as a well-performing and core business area</span><span style="font-size:10pt">” says Erling Jensen.</span></div> <div> </div> <div><span style="font-size:10pt;color:black">The transaction remains subject to regulatory approval from the UK competition authorities and is expected to be completed during September 2010.</span></div> <div style="text-autospace:ideograph-numeric"> </div> <div style="margin:0cm 4.8pt 0pt 0cm"><span style="font-size:10pt;color:black">The transaction will generate an accounting gain for Dansk Supermarked A/S in the order of DKK 4.6 billion. The total consideration and the accounting gain may be reduced dependent on the extent of regulatory remedies required in order to obtain approval from the UK competition authorities. </span></div> <div style="text-autospace:ideograph-numeric"> </div> <div style="text-autospace:ideograph-numeric"><span style="font-size:10pt;color:black">Netto Foodstores Limited owns Dansk Supermarked’s UK retail business, which consists of 193 Netto stores operating within the market of limited assortment discounters. Before the transaction Dansk Supermarked, which was established in </span><span style="font-size:10pt;color:black">1960 by Mr. Herman Salling, owned more than 1,300 brand name outlets with more than 43,000 employees. After the transaction, Dansk Supermarked owns more than 1,100 outlets with approximately 40,000 employees. </span><span style="font-size:10pt;color:black">A.P. Møller – Mærsk A/S</span><span style="font-size:10pt;color:black"> has been co-owner of Dansk Supermarked A/S since 1964 and has an </span><span style="font-size:10pt;color:black">ownership interest in Dansk Supermarked A/S of approximately 68%.</span></div> <div> </div> <div style="text-autospace:ideograph-numeric"><span style="font-size:10pt;color:black">For further information, please contact:</span></div> <div style="text-autospace:ideograph-numeric"> </div> <div style="text-autospace:ideograph-numeric"><span style="font-size:10pt;color:black">Erling Jensen, CEO of Dansk Supermarked A/S: +45 8930 3203.</span></div> <div style="text-autospace:ideograph-numeric"> </div> <div style="text-autospace:ideograph-numeric"><span style="font-size:10pt;color:black">A.P. Møller - Mærsk A/S, Investor Relations: +45 3363 3106.</span></div> <div style="text-autospace:ideograph-numeric"> </div> <p><span style="font-size:10pt;color:black">Copenhagen, 27 May 2010</span></p> News and press releases created by custom CreateNew application page http://www.maersk.com/Press/NewsAndPressReleases/Pages/20100512-081558.aspx Wed, 12 May 2010 06:06:00 GMT News and press releases created by custom CreateNew application page http://www.maersk.com/Press/NewsAndPressReleases/Pages/20100507-090107.aspx Fri, 07 May 2010 06:51:00 GMT <div align=left><span style="font-size:10pt"><span lang=EN-GB style="font-size:10pt;font-family:Verdana">Copenhagen</span><span lang=EN-GB style="font-size:10pt;font-family:Verdana"> and Louisiana </span></span></div> <div align=left> </div> <div align=left><span style="font-size:10pt">Premier Technical Plastics Inc (“PTP”), a subsidiary within the A. P. Moller - Maersk Group, has been sold via a Management Buy Out (“MBO”) to McCalmont Industries LLC, a fully owned company of Mr. Jim McCalmont, President of PTP. </span></div> <div align=left><b> </b></div> <div align=left><span style="font-size:10pt">PTP is producing injection moulded plastic parts and products from three factories in Texas, Arkansas and Louisiana, primarily to its US based customers. </span></div> <div align=left> </div> <div align=left><span style="font-size:10pt">The A.P. Moller - Maersk Group recently divested a major part of its technical plastic companies to Nordstjernan AB, which had an option to acquire PTP in the United States.</span></div> <div align=left> </div> <div align=left><span style="font-size:10pt">“After Nordstjernan recently waived its option to acquire the US factories as well, we swiftly entered into negotiations with management aiming at an MBO agreement, says Stig Hoffmeyer, Senior Vice President of A. P. Moller - Maersk. “We have always been proud of having our US teams in our group and are confident that this MBO agreement will lead to further growth in the future”.</span></div> <div align=left> </div> <div align=left><span style="font-size:10pt">“Returning to the US businesses over 18 months ago to manage it through the impending recession, I was impressed to find an efficient, well capitalized operation that has greatly benefited from its more than thirteen year association with A. P. Moller -Maersk”, says Jim McCalmont. “I am appreciative for the opportunity to continue providing our customers with exceptional level of service, technical solutions and best total value”.</span></div> <div align=left> </div> <div align=left><span style="font-size:10pt">The parties have agreed not to disclose the terms of the transaction. </span></div> <div align=left> </div> <div align=left><span style="font-size:10pt">After the transaction, the A.P. Moller - Maersk Group will continue to own two PET bottle companies known as Rostiprimpac in Europe, which produce numerous different PET plastic blow-moulded bottles for a large group of strong brand customers within the water and carbonated soft drink industries.</span></div> <div align=left> </div> <div align=left><span style="font-size:10pt">In total, the A.P. Moller - Maersk Group has divested 39 plastic production companies over the past years in line with the Group’s strategy to focus on core business within shipping, energy and retail.</span></div> <div align=left> </div> <div align=left><span style="font-size:10pt">For further information, please contact:</span></div> <div align=left> </div> <div align=left><span style="font-size:10pt">Stig Hoffmeyer, Senior Vice President, A. P. Moller - Maersk, (+ 45) 3363 1710</span></div> <div align=left><span style="font-size:10pt">Jim McCalmont, President, McCalmont Industries LLC, (+ 1) (0) 318 377 8733</span></div> News and press releases created by custom CreateNew application page http://www.maersk.com/Press/NewsAndPressReleases/Pages/20100331-115049.aspx Wed, 31 Mar 2010 09:33:00 GMT <div><span style="font-size:10pt">Maersk Oil has reached an agreement to farm in with a 20% non-operated interest in licence BM-C-34 offshore Brazil from Devon</span><span style="font-size:10pt"> subject to regulatory approvals</span><span style="font-size:10pt">. The planned activities include drilling of up to four exploration wells.</span></div> <div> </div> <div><span style="font-size:10pt">The BM-C-34 licence is located in the Campos basin 150 kilometres off-shore Brazil with water depths from 2300–2700 metres. </span></div> <div> </div> <div><span style="font-size:10pt">Devon has recently announced the sale of their remaining 30 percent interest and operatorship in the BM-C-34 licence to BP as part of a larger deal comprising all of Devon’s Brazil assets while Petrobras remains as partner with a 50 percent interest. </span></div> <div> </div> <div><span style="font-size:10pt">“This farm-in fits very well with our ambition to increase our exploration activities offshore Brazil and offers an opportunity to enter the prolific deepwater plays in the Campos Basin,” says Lars Nydahl Jørgensen, Head of Exploration in Maersk Oil. </span></div> <div> </div> <div><span style="font-size:10pt">“Recent discoveries off-shore Brazil, show that there is significant potential, which is why we are interested in expanding our presence in the area,” adds Lars Nydahl Jørgensen.</span></div> <div> </div> <div><span style="font-size:10pt">Maersk Oil has been active in exploration activities in Brazil since 2001. Apart from BM-C-34, Maersk Oil currently holds interest in five licences: a 35% operated interest in the BM-S-29 licence situated in the Santos Basin, approximately 350 km </span><span style="font-size:10pt">southwest</span><span style="font-size:10pt">of Rio de Janeiro, with OGX, a Brazilian company, who holds the remaining 65%, a 50% operated interest in licences BM-C-37 and BM-C-38 in the South Campos Basin, with OGX as 50% equity partner, and a 30% non-operated interest in licences BM-S-66 and BM-S-67 in the South Santos Basin, operated by Petrobras (50%). </span></div> <div> </div> <div><span style="font-size:10pt">For more information please contact Lars Nydahl Jørgensen, Head of Exploration, on +45 3363 1911. </span></div> <div> </div> <div><span style="font-size:10pt;color:black">ENDS</span></div> <div> </div> <div><span style="font-size:10pt;color:black">FACTS ABOUT MAERSK OIL:</span></div> <div> </div> <div><span style="font-size:10pt">Maersk Oil is part of the A.P. Moller – Maersk Group and one of the world’s top 25 independent oil and gas companies. The company operates more than 700,000 barrels of oil equivalent per day with production in Denmark, Qatar, UK, Algeria, and Kazakhstan and has exploration activities in a number of locations globally.  Maersk Oil has announced oil and gas discoveries in Angola, US Gulf of Mexico, and the UK in 2009.</span></div> <div> </div> News and press releases created by custom CreateNew application page http://www.maersk.com/Press/NewsAndPressReleases/Pages/20100309-130456.aspx Tue, 09 Mar 2010 12:03:00 GMT <p>On November 30, 2009, Nordstjernan AB (“Nordstjernan”) and Rosti A/S (“Rosti”) agreed that Nordstjernan should, through its wholly-owned subsidiary Stella Plastic Holding AB (“Stella”), acquire 100 percent of the shares in Rosti Technical Plastics Holding A/S (“RTP”), cf. press release of December 1, 2009. Today, March 9, 2010, closing of this agreement was concluded after customary approvals from competition authorities.</p> <div align=left>The new merged Stella/RTP group, headquartered in Copenhagen, Denmark, will be named Rosti Technical Plastics with Börje Vernet, presently CEO of Stella, as CEO. The merged company will have a turnover of approximately 175 MEUR and around 1800 employees.</div> <div align=left> </div> <div align=left><em>We look forward to continuing the development of the companies in the new Rosti Technical Plastics group and to serve the customers in the best possible way. I am convinced that Stella and RTP will make a strong partnership; both groups have coped very well with the economic downturn during 2009”,</em></div> <div align=left> </div> <div align=left>Nordstjernan has decided to decline its option to acquire the Rosti US operations. <i>“This decision was difficult. We feel, however, that a strategy of focusing our resources and managerial efforts on Rosti’s European and Asian operations will enable us to provide our customers the greatest benefit and value”</i>, says Börje Vernet.</div> <div align=left> </div> <div align=left>Rosti A/S, part of the A. P. Moller - Maersk Group, will continue to operate five factories - three Technical Plastics factories in the USA and two PET bottle factories in Europe. <i>“All of the 10 Rosti factories, including the 5 factories sold to Nordstjernan, showed a very strong performance in 2009. Despite a 20% drop in group sales due to market recession, EBIT more than doubled <i>and order intake of new projects for the future was record high”</i></i>, says Stig Hoffmeyer, Senior Vice President of A. P. Møller - Mærsk.</div> <div align=left> </div> <div align=left>RTP produces injection-moulded plastic products for a number of industries. During 2009, RTP had sales of 115 MEUR from its plants in China, India, the Netherlands, Poland and Scotland.</div> <div align=left>For more information see <font color="#0000ff"><font color="#0000ff">www.rosti.com</font></font>.</div> <div align=left> </div> <div align=left>Stella (formerly GP Plastic) produces injection-moulded plastic products mainly for the food industry. During 2009, Stella had sales of 45 MEUR. The company has plants in Germany and Sweden. For more information see <font color="#0000ff"><font color="#0000ff">www.stellaplastic.se</font></font>.</div> <div align=left> </div> <div align=left>Nordstjernan is a family-controlled investment group that creates growth in value through longterm and active ownership of Nordic companies. During 2009, Nordstjernan had a turnover of over 6 billion EUR. For more information see <font color="#0000ff"><font color="#0000ff">www.nordstjernan.se</font></font>.</div> <div align=left> </div> <div align=left>Rosti A/S is a part of the A.P. Moller - Maersk Group that includes a number of companies within shipping, oil, logistic and retail. For the last number of years, A.P. Møller - Mærsk has had the strategy to dispose of the Group’s industrial enterprises if non-core business to shipping and energy. For more information see <font color="#0000ff"><font color="#0000ff">www.maersk.com</font></font>.</div> <div align=left> </div> <div align=left>The parties have agreed not to disclose the terms of the transaction.</div> <div align=left> </div> <div align=left> <div><font size=2> <div><font size=2>Tomas Billing <span>                                                                    Bent E. Carlsen</span></font></div> <div><font size=2>President <span>                                                                          Chairman of the Board</span></font></div><span style="font-size:10pt;color:black">Nordstjernan</span><span style="font-size:10pt;color:black">                                                                      AB</span><span style="font-size:10pt;color:black"> Rosti A/S</span></font></div> <p> </p> <p>Please refer questions to:</p></div> <div align=left>Tomas Billing, President, Nordstjernan AB, +46 8 788 50 00</div> <div align=left>Börje Vernet, CEO, Stella Plastic Holding AB, + 46 702 98 46 67</div> <div> </div> <div>Stig Hoffmeyer, Senior Vice President, A. P. Møller - Mærsk, + 45 33 63 17 10</div> <p></p> <div align=left> </div> <div align=left> </div> News and press releases created by custom CreateNew application page http://www.maersk.com/Press/NewsAndPressReleases/Pages/20100304-083432.aspx Thu, 04 Mar 2010 06:51:00 GMT <div style="margin:0cm 0cm 8pt"><span style="font-size:8pt">The Board of Directors of A.P. Møller - Mærsk A/S has today released the Company’s Annual Report for 2009.</span></div> <div style="margin:0cm 0cm 8pt"><span style="font-size:8pt">The Annual Report is available at www.maersk.com. The printed Annual Report is expected to be available and sent on 10 March 2010 to the registered shareholders who have requested to receive such.</span></div> <div style="margin:0cm 0cm 8pt"><i><span style="font-size:8pt">&quot;The loss is significant, but 2009 was an extraordinary year with historically low rates and low demand. We managed to limit the loss by saving around USD 2 billion and we will continue to strengthen our competitiveness even further. We expect to return to modest profits in 2010,&quot; says Group CEO Nils S. Andersen.</span></i></div> <div><span style="font-size:8pt">The Annual Report shows the following key figures:</span></div> <div> </div> <p> <table cellspacing=0 cellpadding=0 border=0 style="border-collapse:collapse"> <tbody> <tr style="height:12.75pt"> <td valign=top width=391 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:293.4pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div> </div> </td> <td width=120 colspan=3 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:90pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=center><span style="font-size:8pt">DKK million</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=center> </div> </td> <td width=144 colspan=4 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:108pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=center><i><span style="font-size:8pt">USD million</span></i></div> </td> <td width=11 style="border-right:#e0dfe3;padding-right:0cm;border-top:#e0dfe3;padding-left:0cm;padding-bottom:0cm;border-left:#e0dfe3;padding-top:0cm;border-bottom:#e0dfe3;background-color:transparent"> <div> </div> </td> </tr> <tr style="height:12.75pt"> <td valign=top width=391 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:293.4pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:12.75pt;background-color:transparent"> <div> </div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:12.75pt;background-color:transparent"> <div align=right><span style="font-size:8pt">2009</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:12.75pt;background-color:transparent"> <div align=right><span style="font-size:8pt">2008</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:12.75pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">2009</span></i></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=64 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:47.8pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:12.75pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">2008</span></i></div> </td> </tr> <tr style="height:12.75pt"> <td valign=top width=391 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:293.4pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div><span style="font-size:8pt">Revenue</span></div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:12.75pt;background-color:transparent"> <div align=right><span style="font-size:8pt">260,026</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:12.75pt;background-color:transparent"> <div align=right><span style="font-size:8pt">311,821</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:12.75pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">48,522</span></i></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=64 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:47.8pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:12.75pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">61,211</span></i></div> </td> </tr> <tr style="height:12.75pt"> <td width=391 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:293.4pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div><span style="font-size:8pt">Profit before depreciation, amortisation and impairment losses, etc.</span></div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><span style="font-size:8pt">49,262</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><span style="font-size:8pt">83,945</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">9,193</span></i></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=64 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:47.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">16,478</span></i></div> </td> </tr> <tr style="height:12.75pt"> <td width=391 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:293.4pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div><span style="font-size:8pt">Depreciation, amortisation and impairment losses, etc.</span></div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><span style="font-size:8pt">30,317</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><span style="font-size:8pt">26,092</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">5,658</span></i></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=64 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:47.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">5,122</span></i></div> </td> </tr> <tr style="height:12.75pt"> <td width=391 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:293.4pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div><span style="font-size:8pt">Gains on sale of ships, rigs, etc.</span></div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><span style="font-size:8pt">862</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><span style="font-size:8pt">4,656</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">161</span></i></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=64 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:47.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">914</span></i></div> </td> </tr> <tr style="height:12.75pt"> <td width=391 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:293.4pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div><span style="font-size:8pt">Associated companies - share of profit/loss after tax</span></div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:12.75pt;background-color:transparent"> <div align=right><span style="font-size:8pt">360</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:12.75pt;background-color:transparent"> <div align=right><span style="font-size:8pt">-1,882</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:12.75pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">67</span></i></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=64 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:47.8pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:12.75pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">-369</span></i></div> </td> </tr> <tr style="height:12.75pt"> <td width=391 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:293.4pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div><span style="font-size:8pt">Profit before financial items</span></div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><span style="font-size:8pt">21,167</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><span style="font-size:8pt">60,627</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">3,763</span></i></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=64 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:47.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">11,901</span></i></div> </td> </tr> <tr style="height:12.75pt"> <td width=391 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:293.4pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div><span style="font-size:8pt">Financial items, net</span></div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><span style="font-size:8pt">-5,263</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><span style="font-size:8pt">-7,808</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">-982</span></i></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=64 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:47.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">-1,533</span></i></div> </td> </tr> <tr style="height:12.75pt"> <td width=391 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:293.4pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div><span style="font-size:8pt">Profit before tax</span></div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:windowtext 1pt solid;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><span style="font-size:8pt">14,904</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:windowtext 1pt solid;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:windowtext 1pt solid;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><span style="font-size:8pt">52,819</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:windowtext 1pt solid;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">2,781</span></i></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:windowtext 1pt solid;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=64 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:windowtext 1pt solid;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:47.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">10,368</span></i></div> </td> </tr> <tr style="height:12.75pt"> <td width=391 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:293.4pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div><span style="font-size:8pt">Tax on profit for the year</span></div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:12.75pt;background-color:transparent"> <div align=right><span style="font-size:8pt">20,393</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:12.75pt;background-color:transparent"> <div align=right><span style="font-size:8pt">35,287</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:12.75pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">3,805</span></i></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=64 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:47.8pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:12.75pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">6,927</span></i></div> </td> </tr> <tr style="height:12.75pt"> <td width=391 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:293.4pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div><span style="font-size:8pt">Result for the year - continuing operations</span></div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><span style="font-size:8pt">-5,489</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><span style="font-size:8pt">17,532</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">-1,024</span></i></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=64 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:47.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">3,441</span></i></div> </td> </tr> <tr style="height:12.75pt"> <td width=391 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:293.4pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div><span style="font-size:8pt">Result for the year - discontinued operations</span></div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:12.75pt;background-color:transparent"> <div align=right><span style="font-size:8pt">0</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:12.75pt;background-color:transparent"> <div align=right><span style="font-size:8pt">106</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:12.75pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">0</span></i></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=64 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:47.8pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:12.75pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">21</span></i></div> </td> </tr> <tr style="height:12.75pt"> <td width=391 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:293.4pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div><span style="font-size:8pt">Profit for the year</span></div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:12.75pt;background-color:transparent"> <div align=right><span style="font-size:8pt">-5,489</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:12.75pt;background-color:transparent"> <div align=right><span style="font-size:8pt">17,638</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:12.75pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">-1,024</span></i></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=64 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:47.8pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:12.75pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">3,462</span></i></div> </td> </tr> <tr style="height:12.75pt"> <td width=391 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:293.4pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div> </div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=64 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:47.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> </tr> <tr style="height:12.75pt"> <td width=391 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:293.4pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div><span style="font-size:8pt">A.P. Møller - Mærsk A/S' share of the profit for the year</span></div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:12.75pt;background-color:transparent"> <div align=right><span style="font-size:8pt">-7,027</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:12.75pt;background-color:transparent"> <div align=right><span style="font-size:8pt">16,960</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:12.75pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">-1,311</span></i></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=64 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:47.8pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:12.75pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">3,329</span></i></div> </td> </tr> <tr style="height:12.75pt"> <td width=391 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:293.4pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div> </div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=64 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:47.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> </tr> <tr style="height:12.75pt"> <td width=391 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:293.4pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div> </div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=64 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:47.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> </tr> <tr style="height:12.75pt"> <td width=391 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:293.4pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div><span style="font-size:8pt">Total assets</span></div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><span style="font-size:8pt">345,199</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><span style="font-size:8pt">343,110</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">66,511</span></i></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=64 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:47.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">64,925</span></i></div> </td> </tr> <tr style="height:12.75pt"> <td width=391 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:293.4pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div><span style="font-size:8pt">Total equity</span></div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><span style="font-size:8pt">158,868</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><span style="font-size:8pt">158,394</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">30,610</span></i></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=64 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:47.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">29,972</span></i></div> </td> </tr> <tr style="height:12.75pt"> <td width=391 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:293.4pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div> </div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=64 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:47.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> </tr> <tr style="height:12.75pt"> <td width=391 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:293.4pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div><span style="font-size:8pt">Cash flow from operating activities</span></div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><span style="font-size:8pt">25,098</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><span style="font-size:8pt">43,422</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">4,679</span></i></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=64 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:47.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">8,524</span></i></div> </td> </tr> <tr style="height:12.75pt"> <td width=391 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:293.4pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div><span style="font-size:8pt">Cash flow used for capital expenditure</span></div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><span style="font-size:8pt">-42,195</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><span style="font-size:8pt">-52,375</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">-7,874</span></i></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=64 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:47.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">-10,281</span></i></div> </td> </tr> <tr style="height:12.75pt"> <td width=391 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:293.4pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div> </div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=64 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:47.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> </tr> <tr style="height:12.75pt"> <td width=391 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:293.4pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div><span style="font-size:8pt">Financial ratios:</span></div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=64 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:47.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> </tr> <tr style="height:12.75pt"> <td width=391 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:293.4pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div><span style="font-size:8pt">Return on invested capital (ROIC)</span></div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><span style="font-size:8pt">-0.3%</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><span style="font-size:8pt">9.9%</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">-0.3%</span></i></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=64 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:47.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">10.1</span></i><span style="font-size:8pt">%</span></div> </td> </tr> <tr style="height:12.75pt"> <td width=391 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:293.4pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div><span style="font-size:8pt">Return on equity after tax</span></div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><span style="font-size:8pt">-3.5%</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><span style="font-size:8pt">11.6%</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">-3.4%</span></i></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=64 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:47.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">11.8</span></i><span style="font-size:8pt">%</span></div> </td> </tr> <tr style="height:12.75pt"> <td width=391 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:293.4pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div><span style="font-size:8pt">Equity ratio</span></div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><span style="font-size:8pt">46.0%</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><span style="font-size:8pt">46.2%</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">46.0%</span></i></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=64 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:47.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">46.2</span></i><span style="font-size:8pt">%</span></div> </td> </tr> <tr style="height:12.75pt"> <td width=391 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:293.4pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div><span style="font-size:8pt">Earnings and diluted earnings per share, DKK/USD^*)</span></div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><span style="font-size:8pt">-1,674</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><a name="OLE_LINK1"><span style="font-size:8pt">4,122</span></a></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">-312</span></i></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=64 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:47.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">809</span></i></div> </td> </tr> <tr style="height:12.75pt"> <td width=391 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:293.4pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div><span style="font-size:8pt">Cash flow from operating activities per share, DKK/USD^*)</span></div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><span style="font-size:8pt">5,980</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><span style="font-size:8pt">10,553</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">1.115</span></i></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=64 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:47.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">2,072</span></i></div> </td> </tr> <tr style="height:12.75pt"> <td width=391 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:293.4pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div><span style="font-size:8pt">Dividend per share, DKK/USD</span></div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><span style="font-size:8pt">325</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><span style="font-size:8pt">650</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">63</span></i></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=64 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:47.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">123</span></i></div> </td> </tr> <tr style="height:12.75pt"> <td width=391 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:293.4pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div><span style="font-size:8pt">Total market capitalisation, end of year^*)</span></div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><span style="font-size:8pt">156,901</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><span style="font-size:8pt">116,281</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">30.231</span></i></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right> </div> </td> <td width=64 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:47.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:12.75pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">22,002</span></i></div> </td> </tr> </tbody> </table> </p> <div style="margin:5pt 0cm"><span style="font-size:8pt">*) Adjusted for the Group’s holding of own shares.</span></div> <div> </div> <div><span style="font-size:8pt">The result for the year was negative by USD 1.0 billion corresponding to DKK 5.5 billion (2008: positive by USD 3.5 billion corresponding to DKK 17.6 billion), which is in accordance with the expectations most recently stated in the Stock Exchange Announcement published on 12 November 2009.</span></div> <div> </div> <div style="margin:0cm 0cm 0pt 18pt;text-indent:-18pt;text-align:justify"><span style="font-size:8pt">·<span style="font:7pt 'Times New Roman'">          </span></span><span style="font-size:8pt">In 2009, the A.P. Moller - Maersk Group was significantly negatively affected by the global economic crisis. Freight rates for the Group’s container activities were 28% lower than in 2008, resulting in a negative segment result of USD 2.1 billion for container activities. Tanker rates were also substantially lower than in 2008. The average price of crude oil was 36% lower in 2009 than in 2008, while the Group’s share of oil and gas production was at the same level as in 2008.</span></div> <div> </div> <div style="margin:0cm 0cm 0pt 18pt;text-indent:-18pt;text-align:justify"><span style="font-size:8pt">·<span style="font:7pt 'Times New Roman'">          </span></span><span style="font-size:8pt">Oil and gas activities, APM Terminals, Maersk Supply Service, Maersk Drilling, Damco and the Dansk Supermarked Group yielded positive results despite lower oil prices and lower demand as a consequence of the economic crisis. </span></div> <div> </div> <div style="margin:0cm 0cm 0pt 18pt;text-indent:-18pt;text-align:justify"><span style="font-size:8pt">·<span style="font:7pt 'Times New Roman'">          </span></span><span style="font-size:8pt">Cost reductions in the range of USD 2.0 billion were achieved in the Group’s business areas and group functions in 2009, of which USD 1.6 billion related to container activities. Savings were primarily achieved by restructurings, reducing fuel consumption, optimising networks and renegotiating supplier contracts. </span></div> <div> </div> <div style="margin:0cm 0cm 0pt 18pt;text-indent:-18pt;text-align:justify"><span style="font-size:8pt">·<span style="font:7pt 'Times New Roman'">          </span></span><span style="font-size:8pt">In 2009, it was decided to phase out shipbuilding activities at Odense Steel Shipyard as existing orders are completed and to sell Norfolkline to DFDS. </span></div> <div> </div> <div style="margin:0cm 0cm 0pt 18pt;text-indent:-18pt;text-align:justify"><span style="font-size:8pt">·<span style="font:7pt 'Times New Roman'">          </span></span><span style="font-size:8pt">To ensure the long-term funding position, the Group decided in 2009 to diversify its funding sources by placing bonds denominated in euro and Norwegian kroner, yielding gross proceeds of USD 1.8 billion. In addition, the Group sold own B shares corresponding to approximately 5.7% of A.P. Møller - Mærsk A/S’ total share capital,  yielding gross proceeds of USD 1.6 billion. </span></div> <div> </div> <div><span style="font-size:8pt">The cash flow from operating activities was USD 4.7 billion corresponding to DKK 25 billion (2008: USD 8.5 billion corresponding to DKK 43 billion) – negatively affected by lower earnings.</span></div> <div> </div> <div><span style="font-size:8pt">The cash flow used for capital expenditure amounted to USD 7.9 billion corresponding to DKK 42 billion. (2008: USD 10.3 billion corresponding to DKK 52 billion).</span></div> <div style="margin:0cm 0cm 3pt"> </div> <div> </div> <div><span style="font-size:9pt"><strong>Outlook for 2010</strong></span></div> <div style="margin:0cm 0cm 3pt"><span style="font-size:8pt">In the container shipping market, a 7-10% addition of tonnage is expected for the global container fleet. Cargo volumes are expected to rise by 3-5% in 2010 relative to 2009 and freight rates are also expected to rise. This will lead to a significant improvement in results if the level of vessels taken out of service is sustained. However, rates are not expected to lead to an acceptable return in 2010.</span></div> <div style="margin:0cm 0cm 3pt"> </div> <div style="margin:0cm 0cm 3pt"><span style="font-size:8pt">APM Terminals experienced a continued stabilisation of volumes in the beginning of 2010. The overall volumes are expected to rise moderately in 2010.</span></div> <div style="margin:0cm 0cm 3pt"> </div> <div style="margin:0cm 0cm 3pt"><span style="font-size:8pt">The tanker markets have benefited from the cold winter and declining oil stocks in early 2010. However, rates remain unsatisfactory, and the addition of new tonnage combined with weak demand for crude oil and refined products is expected to cause challenging market conditions in 2010.</span></div> <div style="margin:0cm 0cm 3pt"> </div> <div style="margin:0cm 0cm 3pt"><span style="font-size:8pt">In spite of rising oil prices and a positive outlook for the oil industry, offshore markets are expected to be negatively affected by excess capacity putting pressure on rates in 2010. Relatively good contract coverage ensures fairly high employment for Maersk Drilling, Maersk FPSOs and Maersk Supply Service also in 2010. However, several rigs and ships are not under contract at the beginning of 2010.</span></div> <div style="margin:0cm 0cm 3pt"> </div> <div style="margin:0cm 0cm 3pt"><span style="font-size:8pt">Oil and gas activities are expected to maintain a high activity level with increased investments in exploration in 2010. The Group’s entitlement of production for the next four quarters is expected to be lower than in 2009</span> <span style="font-size:8pt">but on average slightly above the entitlement of production in the fourth quarter 2009.</span></div> <div style="margin:0cm 0cm 3pt"> </div> <div style="margin:0cm 0cm 3pt"><span style="font-size:8pt">Overall, the A.P. Moller - Maersk Group is expected to post a modest profit. Cash flow from operating activities is expected to be well above the 2009 level, while cash flow used for investing activities is expected to be well below.</span></div> <div style="margin:0cm 0cm 3pt"> </div> <div style="margin:0cm 0cm 3pt"><span style="font-size:8pt">The outlook for 2010 is subject to considerable uncertainty, not least due to developments in the global economy. Specific uncertainties relate to the container freight rates, transported volumes, the USD exchange rate and oil prices. </span></div> <div> </div> <div> </div> <div><span style="font-size:9pt"><strong>Segment Information</strong></span></div> <div><span style="font-size:8pt"><strong><em>Container shipping and related activities</em></strong></span></div> <p> <table cellspacing=0 cellpadding=0 border=0 style="margin:auto auto auto 5.4pt;border-collapse:collapse"> <tbody> <tr style="height:14.2pt"> <td width=336 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:252pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div> </div> </td> <td width=159 colspan=4 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:119.2pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=center><span style="font-size:8pt">DKK million</span></div> </td> <td width=16 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=center> </div> </td> <td width=125 colspan=3 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:93.6pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=center><i><span style="font-size:8pt">USD million</span></i></div> </td> <td width=1 style="border-right:#e0dfe3;padding-right:0cm;border-top:#e0dfe3;padding-left:0cm;padding-bottom:0cm;border-left:#e0dfe3;padding-top:0cm;border-bottom:#e0dfe3;background-color:transparent"> <div> </div> </td> </tr> <tr style="height:14.2pt"> <td width=336 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:252pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div> </div> </td> <td width=72 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:54pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:14.2pt;background-color:transparent"> <div align=right><span style="font-size:8pt">2009</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=68 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:51.2pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:14.2pt;background-color:transparent"> <div align=right><span style="font-size:8pt">2008</span></div> </td> <td width=16 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=56 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:42.2pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:14.2pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">2009</span></i></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=56 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:42.2pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:14.2pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">2008</span></i></div> </td> </tr> <tr style="height:14.2pt"> <td width=336 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:252pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div><span style="font-size:8pt">Revenue</span></div> </td> <td width=72 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:54pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><span style="font-size:8pt">110,452</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=68 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:51.2pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><span style="font-size:8pt">146,032</span></div> </td> <td valign=top width=16 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=56 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:42.2pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">20,611</span></i></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div style="text-align:right" align=right> </div> </td> <td width=56 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:42.2pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">28,666</span></i></div> </td> </tr> <tr style="height:14.2pt"> <td width=336 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:252pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div><span style="font-size:8pt">Segment result</span></div> </td> <td width=72 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:54pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><span style="font-size:8pt">-11,190</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=68 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:51.2pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><span style="font-size:8pt">2,970</span></div> </td> <td valign=top width=16 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=56 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:42.2pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">-2,088</span></i></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=56 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:42.2pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">583</span></i></div> </td> </tr> <tr style="height:14.2pt"> <td width=336 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:252pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div><span style="font-size:8pt">Cash flow from operating activities</span></div> </td> <td width=72 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:54pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><span style="font-size:8pt">1,355</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=68 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:51.2pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><span style="font-size:8pt">11,407</span></div> </td> <td valign=top width=16 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=56 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:42.2pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">250</span></i></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=56 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:42.2pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">2,240</span></i></div> </td> </tr> <tr style="height:14.2pt"> <td width=336 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:252pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div><span style="font-size:8pt">Cash flow used for capital expenditure</span></div> </td> <td width=72 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:54pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><span style="font-size:8pt">-7,490</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=68 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:51.2pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><span style="font-size:8pt">-16,061</span></div> </td> <td valign=top width=16 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=56 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:42.2pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">-1,398</span></i></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=56 colspan=2 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:42.2pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">-3,153</span></i></div> </td> </tr> </tbody> </table> </p> <div> </div> <div><span style="font-size:8pt">The Group’s container shipping activities realised a substantial negative segment result, reflecting the tough market conditions with falling freight rates and volumes. Initiatives to reduce costs in 2009 to some extent mitigated the negative impact from market conditions.</span></div> <div> </div> <div> </div> <div> </div> <div><span style="font-size:8pt"><strong><em>APM Terminals</em></strong></span></div> <p> <table cellspacing=0 cellpadding=0 border=0 style="margin:auto auto auto 5.4pt;border-collapse:collapse"> <tbody> <tr style="height:14.2pt"> <td width=336 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:252pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div> </div> </td> <td width=150 colspan=3 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:112.75pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=center><span style="font-size:8pt">DKK mio.</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=center> </div> </td> <td width=130 colspan=3 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:97.6pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=center><i><span style="font-size:8pt">USD mio.</span></i></div> </td> </tr> <tr style="height:14.2pt"> <td width=336 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:252pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div> </div> </td> <td width=70 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:52.3pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:14.2pt;background-color:transparent"> <div align=right><span style="font-size:8pt">2009</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=65 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:48.65pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:14.2pt;background-color:transparent"> <div align=right><span style="font-size:8pt">2008</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=55 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:41.6pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:14.2pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">2009</span></i></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=59 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:44.2pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:14.2pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">2008</span></i></div> </td> </tr> <tr style="height:14.2pt"> <td width=336 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:252pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div><span style="font-size:8pt">Revenue</span></div> </td> <td width=70 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:52.3pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><span style="font-size:8pt">16,190</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=65 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:48.65pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><span style="font-size:8pt">15,888</span></div> </td> <td valign=top width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=55 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:41.6pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">3,021</span></i></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=59 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:44.2pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">3,119</span></i></div> </td> </tr> <tr style="height:14.2pt"> <td width=336 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:252pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div><span style="font-size:8pt">Segment result</span></div> </td> <td width=70 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:52.3pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><span style="font-size:8pt">2,370</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=65 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:48.65pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><span style="font-size:8pt">1,539</span></div> </td> <td valign=top width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=55 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:41.6pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">442</span></i></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=59 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:44.2pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">302</span></i></div> </td> </tr> <tr style="height:14.2pt"> <td width=336 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:252pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div><span style="font-size:8pt">Cash flow from operating activities</span></div> </td> <td width=70 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:52.3pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><span style="font-size:8pt">3,532</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=65 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:48.65pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><span style="font-size:8pt">3,453</span></div> </td> <td valign=top width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=55 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:41.6pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">659</span></i></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=59 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:44.2pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">678</span></i></div> </td> </tr> <tr style="height:14.2pt"> <td width=336 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:252pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div><span style="font-size:8pt">Cash flow used for capital expenditure</span></div> </td> <td width=70 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:52.3pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><span style="font-size:8pt">-3,281</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=65 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:48.65pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><span style="font-size:8pt">-3,496</span></div> </td> <td valign=top width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=55 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:41.6pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">-612</span></i></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=59 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:44.2pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">-686</span></i></div> </td> </tr> </tbody> </table> </p> <div> </div> <div><span style="font-size:8pt">APM Terminals performed substantially better than in 2008. Cost-cutting measures and geographical reorientation of activities more than offset the decline in activity.</span></div> <div> </div> <div style="margin:6pt 0cm 0pt"> </div> <div><span style="font-size:8pt"><strong><em>Tankers, offshore and other shipping activities</em></strong></span></div> <p> <table cellspacing=0 cellpadding=0 border=0 style="margin:auto auto auto 5.4pt;border-collapse:collapse"> <tbody> <tr style="height:14.2pt"> <td width=336 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:252pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div> </div> </td> <td width=154 colspan=3 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:115.2pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=center><span style="font-size:8pt">DKK million</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=center> </div> </td> <td width=132 colspan=3 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:99pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=center><i><span style="font-size:8pt">USD million</span></i></div> </td> </tr> <tr style="height:14.2pt"> <td width=336 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:252pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div> </div> </td> <td width=72 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:54pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:14.2pt;background-color:transparent"> <div align=right><span style="font-size:8pt">2009</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=66 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:49.4pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:14.2pt;background-color:transparent"> <div align=right><span style="font-size:8pt">2008</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=56 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:42.2pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:14.2pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">2009</span></i></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:14.2pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">2008</span></i></div> </td> </tr> <tr style="height:14.2pt"> <td width=336 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:252pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div><span style="font-size:8pt">Revenue</span></div> </td> <td width=72 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:54pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><span style="font-size:8pt">29,559</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=66 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:49.4pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><span style="font-size:8pt">27,349</span></div> </td> <td valign=top width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=56 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:42.2pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">5,516</span></i></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">5,369</span></i></div> </td> </tr> <tr style="height:14.2pt"> <td width=336 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:252pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div><span style="font-size:8pt">Segment result</span></div> </td> <td width=72 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:54pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><span style="font-size:8pt">1,467</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=66 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:49.4pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><span style="font-size:8pt">5,839</span></div> </td> <td valign=top width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=56 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:42.2pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">275</span></i></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">1,147</span></i></div> </td> </tr> <tr style="height:14.2pt"> <td width=336 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:252pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div><span style="font-size:8pt">Cash flow from operating activities</span></div> </td> <td width=72 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:54pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><span style="font-size:8pt">6,444</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=66 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:49.4pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><span style="font-size:8pt">7,730</span></div> </td> <td valign=top width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=56 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:42.2pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">1,203</span></i></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">1,518</span></i></div> </td> </tr> <tr style="height:14.2pt"> <td width=336 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:252pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div><span style="font-size:8pt">Cash flow used for capital expenditure</span></div> </td> <td width=72 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:54pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><span style="font-size:8pt">-16,325</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=66 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:49.4pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><span style="font-size:8pt">-14,406</span></div> </td> <td valign=top width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=56 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:42.2pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">-3,046</span></i></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">-2,828</span></i></div> </td> </tr> </tbody> </table> </p> <div><span style="font-size:8pt"> </span></div> <div><span style="font-weight:normal;font-size:8pt;font-style:normal">The consolidated profits from Tankers, offshore and other shipping activities were somewhat below 2008, partly as a result of impairment losses on property, plant and equipment and intangible assets as well as lower gains on sale of ships and rigs. </span></div> <div> </div> <div><span style="font-weight:normal;font-size:8pt;font-style:normal">Falling demand for oil, rising oil stocks and substantial growth in the global fleet meant that Maersk Tankers was negatively affected by low activity and declining ship values. Thus, the result was negative and considerably below the 2008 level. In early 2009 the acquisition of the tanker shipping company Broström was completed. The integration process went as planned, and the expected cost synergies are materialising.</span></div> <div> </div> <div><span style="font-weight:normal;font-size:8pt;font-style:normal">Maersk Drilling and Maersk Supply Service performed well in spite of falling market activity and the addition of new tonnage in the offshore markets. Profits were positively affected by an overall high level of contract coverage for the Group’s fleet of drilling rigs as well as anchor handling and supply vessels.</span></div> <div> </div> <div style="margin:6pt 0cm 0pt"> </div> <div><span style="font-size:8pt"><strong><em>Oil and gas activities</em></strong></span></div> <p> <table cellspacing=0 cellpadding=0 border=0 style="margin:auto auto auto 5.4pt;border-collapse:collapse"> <tbody> <tr style="height:14.2pt"> <td width=336 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:252pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div> </div> </td> <td width=153 colspan=3 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:114.7pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=center><span style="font-size:8pt">DKK million</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=center> </div> </td> <td width=132 colspan=3 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:99pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=center><i><span style="font-size:8pt">USD million</span></i></div> </td> </tr> <tr style="height:14.2pt"> <td width=336 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:252pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div> </div> </td> <td width=72 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:54pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:14.2pt;background-color:transparent"> <div align=right><span style="font-size:8pt">2009</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=65 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:48.9pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:14.2pt;background-color:transparent"> <div align=right><span style="font-size:8pt">2008</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=56 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:42.2pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:14.2pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">2009</span></i></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:14.2pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">2008</span></i></div> </td> </tr> <tr style="height:14.2pt"> <td width=336 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:252pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div><span style="font-size:8pt">Revenue</span></div> </td> <td width=72 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:54pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><span style="font-size:8pt">48,362</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=65 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:48.9pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><span style="font-size:8pt">68,743</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=56 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:42.2pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">9,025</span></i></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">13,494</span></i></div> </td> </tr> <tr style="height:14.2pt"> <td width=336 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:252pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div><span style="font-size:8pt">Segment result</span></div> </td> <td width=72 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:54pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><span style="font-size:8pt">6,239</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=65 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:48.9pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><span style="font-size:8pt">11,995</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=56 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:42.2pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">1,164</span></i></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">2,355</span></i></div> </td> </tr> <tr style="height:14.2pt"> <td width=336 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:252pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div><span style="font-size:8pt">Cash flow from operating activities</span></div> </td> <td width=72 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:54pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><span style="font-size:8pt">17,100</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=65 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:48.9pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><span style="font-size:8pt">24,764</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=56 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:42.2pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">3,191</span></i></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">4,861</span></i></div> </td> </tr> <tr style="height:14.2pt"> <td width=336 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:252pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div><span style="font-size:8pt">Cash flow used for capital expenditure</span></div> </td> <td width=72 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:54pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><span style="font-size:8pt">-12,601</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=65 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:48.9pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><span style="font-size:8pt">-14,533</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=56 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:42.2pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">-2,351</span></i></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">-2,853</span></i></div> </td> </tr> </tbody> </table> </p> <div> </div> <div><span style="font-weight:normal;font-size:8pt;font-style:normal">While the production share remained at the 2008 level, lower average oil prices in 2009 meant that the profit from Oil and gas activities was somewhat below the 2008 level. A number of oil and gas discoveries were announced in 2009, the commercial potential of these discoveries is now being assessed.</span></div> <div> </div> <div> </div> <div style="margin:6pt 0cm 0pt"><span style="font-size:8pt"><strong><em>Retail activity</em></strong></span></div> <p> <table cellspacing=0 cellpadding=0 border=0 style="margin:auto auto auto 5.4pt;border-collapse:collapse"> <tbody> <tr style="height:14.2pt"> <td width=336 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:252pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div> </div> </td> <td width=153 colspan=3 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:114.7pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=center><span style="font-size:8pt">DKK million</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=center> </div> </td> <td width=132 colspan=3 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:99pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=center><i><span style="font-size:8pt">USD million</span></i></div> </td> </tr> <tr style="height:14.2pt"> <td width=336 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:252pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div> </div> </td> <td width=72 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:54pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:14.2pt;background-color:transparent"> <div align=right><span style="font-size:8pt">2009</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=65 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:48.9pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:14.2pt;background-color:transparent"> <div align=right><span style="font-size:8pt">2008</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=56 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:42.2pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:14.2pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">2009</span></i></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:14.2pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">2008</span></i></div> </td> </tr> <tr style="height:14.2pt"> <td width=336 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:252pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div><span style="font-size:8pt">Revenue</span></div> </td> <td width=72 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:54pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><span style="font-size:8pt">56,937</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=65 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:48.9pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><span style="font-size:8pt">57,949</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=56 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:42.2pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">10,625</span></i></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">11,376</span></i></div> </td> </tr> <tr style="height:14.2pt"> <td width=336 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:252pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div><span style="font-size:8pt">Segment result</span></div> </td> <td width=72 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:54pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><span style="font-size:8pt">2,128</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=65 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:48.9pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><span style="font-size:8pt">1,926</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=56 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:42.2pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">397</span></i></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">378</span></i></div> </td> </tr> <tr style="height:14.2pt"> <td width=336 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:252pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div><span style="font-size:8pt">Cash flow from operating activities</span></div> </td> <td width=72 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:54pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><span style="font-size:8pt">3,713</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=65 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:48.9pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><span style="font-size:8pt">1,667</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=56 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:42.2pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">693</span></i></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">327</span></i></div> </td> </tr> <tr style="height:14.2pt"> <td width=336 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:252pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div><span style="font-size:8pt">Cash flow used for capital expenditure</span></div> </td> <td width=72 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:54pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><span style="font-size:8pt">-3,210</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=65 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:48.9pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><span style="font-size:8pt">-3,309</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=56 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:42.2pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">-599</span></i></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">-650</span></i></div> </td> </tr> </tbody> </table> </p> <div> </div> <div style="margin:0cm 0cm 5pt"><span style="font-size:8pt">Retail activity performed better than in 2008 despite a small decrease in revenue. Considerable cost savings were achieved during the year.</span></div> <div style="margin:0cm 0cm 5pt"> </div> <div style="margin:0cm 0cm 5pt"> </div> <div style="margin:0cm 0cm 5pt"> </div> <div><span style="font-size:8pt"><strong><em>Shipyards, other industrial companies, interest in Danske Bank A/S, etc.</em></strong></span></div> <p> <table cellspacing=0 cellpadding=0 border=0 style="margin:auto auto auto 5.4pt;border-collapse:collapse"> <tbody> <tr style="height:14.2pt"> <td width=360 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:270pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div> </div> </td> <td width=130 colspan=3 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:97.2pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=center><span style="font-size:8pt">DKK million</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=center> </div> </td> <td width=132 colspan=3 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:99pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=center><i><span style="font-size:8pt">USD million</span></i></div> </td> </tr> <tr style="height:14.2pt"> <td width=360 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:270pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div> </div> </td> <td width=57 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:42.7pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:14.2pt;background-color:transparent"> <div align=right><span style="font-size:8pt">2009</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=57 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:42.7pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:14.2pt;background-color:transparent"> <div align=right><span style="font-size:8pt">2008</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=56 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:42.2pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:14.2pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">2009</span></i></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:windowtext 1pt solid;height:14.2pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">2008</span></i></div> </td> </tr> <tr style="height:14.2pt"> <td width=360 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:270pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div><span style="font-size:8pt">Revenue</span></div> </td> <td width=57 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:42.7pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><span style="font-size:8pt">6,491</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=57 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:42.7pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><span style="font-size:8pt">7,599</span></div> </td> <td valign=top width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=56 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:42.2pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">1,211</span></i></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">1,492</span></i></div> </td> </tr> <tr style="height:14.2pt"> <td width=360 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:270pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div><span style="font-size:8pt">Segment result</span></div> </td> <td width=57 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:42.7pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><span style="font-size:8pt">-373</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=57 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:42.7pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><span style="font-size:8pt">-1,160</span></div> </td> <td valign=top width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=56 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:42.2pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">-70</span></i></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">-228</span></i></div> </td> </tr> <tr style="height:14.2pt"> <td width=360 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:270pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div><span style="font-size:8pt">Cash flow from operating activities</span></div> </td> <td width=57 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:42.7pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><span style="font-size:8pt">1,885</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=57 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:42.7pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><span style="font-size:8pt">-327</span></div> </td> <td valign=top width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=56 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:42.2pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">-352</span></i></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">-64</span></i></div> </td> </tr> <tr style="height:14.2pt"> <td width=360 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:270pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div><span style="font-size:8pt">Cash flow used for capital expenditure</span></div> </td> <td width=57 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:42.7pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><span style="font-size:8pt">239</span></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=57 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:42.7pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><span style="font-size:8pt">398</span></div> </td> <td valign=top width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=56 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:42.2pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">45</span></i></div> </td> <td width=16 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:11.8pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right> </div> </td> <td width=60 style="border-right:#e0dfe3;padding-right:5.4pt;border-top:#e0dfe3;padding-left:5.4pt;padding-bottom:0cm;border-left:#e0dfe3;width:45pt;padding-top:0cm;border-bottom:#e0dfe3;height:14.2pt;background-color:transparent"> <div align=right><i><span style="font-size:8pt">78</span></i></div> </td> </tr> </tbody> </table> </p> <div> </div> <div><span style="font-size:8pt">The Yard Group had a significant negative result, affected by impairment losses and provisions.</span></div> <div> </div> <div><span style="font-size:8pt">Danske Bank A/S' result was DKK 1.7 billion compared to DKK 1.0 billion in 2008, of which 20%, corresponding to DKK 346 million, is included in the result for the segment. As in 2008, the bank’s result was negatively affected by loan impairment charges. </span></div> <div align=center><span style="font-size:8pt">_________________</span></div> <div> </div> <div> </div> <div><span style="font-size:9pt"><strong>Annual General Meeting, Dividend and Board of Directors</strong></span></div> <div> </div> <div><i><span style="font-size:9pt"><strong>Annual General Meeting</strong></span></i></div> <div><span style="font-size:8pt">The Annual General Meeting will be held in Bella Center, Copenhagen on Tuesday 27 April 2010 at 10.30 a.m.</span></div> <div> </div> <div><b><i><span style="font-size:8pt">Dividend</span></i></b></div> <div><span style="font-size:8pt">The Board of Directors proposes a dividend of DKK 325 per share of DKK 1,000 (2008: DKK 650) corresponding to a total amount of DKK 1,429 million (2008: DKK 2,857 million).</span></div> <div> </div> <div><b><i><span style="font-size:8pt">Board of Directors</span></i></b></div> <div><span style="font-size:8pt">Poul J. Svanholm, Ane M.M. Uggla, Sir John Bond, Jan Leschly, Lars Kann-Rasmussen, Lars Pallesen, John Axel Poulsen and Cecilie Mose Hansen will retire from the Board of Directors.</span></div> <div> </div> <div><span style="font-size:8pt">At the Annual General Meeting the Board of Directors will propose re-election of Ane M.M. Uggla, Sir John Bond, Jan Leschly and Lars Pallesen. The election of employee representatives for the Board of Directors in Rederiet A.P. Møller A/S will be held in March. When the result hereof is available, the Board of Directors will take a decision on whether the elected candidates will be nominated for election to the Board of Directors in A.P. Møller - Mærsk A/S.</span></div> <div> </div> <div><span style="font-size:8pt">Furthermore, the Board of Directors will propose that Robert J. Routs and Arne Karlsson are elected as new members to the Board of Directors. </span></div> <div> </div> <div><span style="font-size:8pt">Robert J. Routs (born 1946) holds Dutch citizenship. He was first employed in the Royal Dutch/Shell Group in 1971 and has, until his retirement in 2008, held a number of management positions, including Executive Director. He has acted as chairman and member of several boards, among others in the oil industry.</span></div> <div> </div> <div><span style="font-size:8pt">Arne Karlsson (born 1958) holds Swedish citizenship. Arne Karlsson is CEO of Ratos AB, a listed Swedish private equity company.</span></div> <div> </div> <div align=center><span style="font-size:8pt">________________</span></div> <div style="text-align:justify"> </div> <div style="margin:0cm 0cm 4pt;text-align:justify"><span style="font-size:8pt">The A.P. Moller - Maersk Group has also published a separate report on sustainability prepared in accordance with the UN &quot;Global Compact&quot; charter. The report is available on www.maersk.com/sustainability.</span></div> <div align=center><span style="font-size:8pt">________________</span></div> <div> </div> <div><span style="font-size:8pt">Copenhagen</span><span style="font-size:8pt">, 4 March 2010</span></div> <div> </div> <div><span style="font-size:8pt">A.P. Møller - Mærsk A/S</span></div> <div> </div> <div> </div> <div> </div> <div><span style="font-size:8pt">Contacts:        Nils S. Andersen, Partner and Group CEO, telephone +45 3363 1911</span></div> <div><span style="font-size:8pt">                      Investor Relations, telephone +45 3363 3106</span></div> <div> </div> <div> </div> <div> </div> <div><span style="font-size:8pt">An interim management statement regarding the first quarter 2010 is expected to be published on 12 May 2010, and regarding the first three quarters on 10 November 2010. The Interim Report (semi annual report) is expected to be published on 18 August 2010.</span></div> <div> </div> <div> </div> <div><b><span style="font-size:8pt">Forward-looking statements</span></b></div> <div><span style="font-size:8pt">This announcement contains forward-looking statements. Such statements are subject to risks and uncertainties as various factors, many of which are beyond A.P. Møller - Mærsk A/S' control, may cause actual development and results to differ materially.</span></div> <div><b> </b></div> <div><b><span style="font-size:8pt">Governing text</span></b></div> <div><span style="font-size:8pt">The announcement has been translated from Danish. The Danish text shall govern for all purposes and prevail in case of any discrepancy with the English version.</span></div>