tailieunhanh - Consolidated Financial Statements of the Nestlé Group 2011

This study focuses on incentives that target small-scale renewable energy technologies intended for on-site use in residential or small commercial applications. Solar and small wind were naturally the primary relevant technologies given this scope. For incentives that were available to owners of large- and small-scale systems, the discussion centers primarily on the impact of the incentive on smaller applications. The choice of incentive types was dictated by those with the potential to increase the current small-scale renewables market significantly either through a reduction in the market price of the technology (tax credits and buy-downs) or by lowering. | Consolidated Financial Statements of the Nestlé Group 2011 45 Principal exchange rates 46 Consolidated income statement for the year ended 31 December 2011 47 Consolidated statement of comprehensive income for the year ended 31 December 2011 48 Consolidated balance sheet as at 31 December 2011 50 Consolidated cash flow statement for the year ended 31 December 2011 51 Consolidated statement of changes in equity for the year ended 31 December 2011 52 Notes 52 64 68 75 76 76 77 78 81 82 86 90 91 104 106 107 107 108 111 112 113 114 114 115 115 1. Accounting policies 2. Acquisitions disposals and discontinued operations 3. Analyses by segment 4. Net other trading and operating income expenses 5. Inventories 6. Trade and other receivables 7. Property plant and equipment 8. Goodwill 9. Intangible assets 10. Employee benefits 11. Equity compensation plans 12. Provisions and contingencies 13. Net financing cost and financial instruments 14. Taxes 15. Associates 16. Earnings per share 17. Cash flow statement 18. Equity 19. Lease commitments 20. Transactions with related parties 21. Joint ventures 22. Guarantees 23. Group risk management 24. Events after the balance sheet date 25. Group companies 116 Report of the Statutory Auditor on the Consolidated Financial Statements 118 Financial information - 5 year review 120 Companies of the Nestlé Group Principal exchange rates CHF per 2011 2010 2011 2010 Year ending rates Weighted average annual rates 1 US Dollar USD 1 Euro EUR 1 Pound Sterling GBP 100 Brazilian Reais BRL 100 Japanese Yen JPY 100 Mexican Pesos MXN 1 Canadian Dollar CAD 1 Australian Dollar AUD 100 Philippine Pesos PHP 100 Chinese Yuan Renminbi CNY Consolidated Financial Statements of the Nestlé Group 2011 .