stood at 0.64 percent, down from 1.25 percent in the same period last year due to the decline in raw food prices as a result of oversupply. However, the headline inflation remained below the Bank of

excluding inventory gains/losses from reported EBITDA. Inventory gains/losses in a period result from the movement in prices of raw mate- rials and products from the end of the previous reported period to the

excluding inventory gains/losses from reported EBITDA. Inventory gains/losses in a period result from the movement in prices of raw mate- rials and products from the end of the previous reported period to the

comparison for decision making. Construction cost - Buildings and infrastructure 38.37 - Machines and system 109.63 - Pipeline 66.94 Total Project Value 237.00 In this regard, the purchase of land Raw water

/ residues: issuers demonstrate that the raw material used is derived from existing supply chains and does not require dedicated production out of arable land Details of the RSB iLUC model can be found here

(farmers, suppliers, distributors, etc.) Link: http://ecosysteme.danone.com/ 3 The livelihoods fund : for Family Farming targets raw materials which are mainly produced by smallholder farmers, and greatly

agriculture products and achieve net zero deforestation in its sourcing of raw materials.17 The Group is a signatory to the Taskforce on Climate-related Financial Disclosures18 and the RE100,19 has partnered

and managing negative impact on the environment from all aspects of the company’s operations, including in the context of raw material use, energy use, water use, renewable resources use, rehabilitating

Activity Report 2016_En INDEPENDENT AUDIT INSPECTION ACTIVITIES REPORT 2016 INDEPENDENT AUDIT INSPECTION ACTIVITIES REPORT 2016 Executive Summary...................02 Quality Assurance Review Panel................04 Activities for Enhancing Audit Quality...................05 Summary of Audit Inspection Results A. Firm Level...................08 B. Engagement Level...........................28 Root Cause Analysis...................42 Framework and Focuses in 2017...................44 Essential St...

are a threat to business through disruptions in the supply chain and sourcing of raw materials used in the Group's products. Extreme weather conditions could cause disruptions in the Group's supply