Menu

Annual Report 2022
Annual Report 2022
Open report

Language

Leave

Report switcher allows selecting another report from a different reporting period

Annual Report 2022
  • Annual Report 2024
  • Half-Year Report 2024
  • Annual Report 2023
  • Half-Year Report 2023
  • Annual Report 2022
  • Half-Year Report 2022
  • Annual Report 2021
  • Half-Year Report 2021
  • Annual Report 2020
  • Half-Year Report 2020
  • Annual Report 2019
  • Half-Year Report 2019
  • Annual Report 2018
  • Half-Year Report 2018
  • Annual Report 2017
  • Half-Year Report 2017
  • Index
  • Search

Table of contents for the Annual Report 2022 report

Operational review
Key FiguresTo our shareholdersAbout Precious Woods / Sustainability
VisionProducts and marketsGoal of sustainable growthManagement organization with strong market orientationSustainable forestry in all dimensionsMarket opportunities thanks to sustainability certificatesContribution to the UN Sustainable Development GoalsPrecious Woods Amazon: Close ties with the local populationPrecious Woods in Gabon – Projects for the protection of flora, fauna, and biodiversitySounding BoardInstitutional framework as opportunity and challengeIllegal logging threatens certified timber trade and sustainable developmentCarbon FootprintThe role of forestry in the current climate change debate
MilestonesGroup results
Income statementBalance sheet
Brazil
Reduced harvest volume, increased production volumes, higher yieldNew concessions to secure our operationsSummary of further activitiesSocial and environmental sustainability continues to be at a very high levelOutlook for 2023
Gabon
Operational successes despite difficultiesSlight reduction in operating capitalMany projects and activitiesOutlook for 2023
TradingCarbon & Energy
Emission certificates thanks to residual wood in BrazilEmission trading together with myclimate
Veneer
Veneer production
Corporate Governance
1. Group structure and shareholders2. Capital structure3. Board of Directors4. Group Management5. Compensation, shareholdings, loans6. Shareholders’ rights of participation7. Changes of control and defense measures8. Auditor9. Information policy
Shareholder information
Share capitalEquivalent to 100 sharesStock market listingShare register informationCompany headquartersStock price development
Financial Report
Precious Woods Group financial statements
Consolidated statement of profit or lossConsolidated statement of comprehensive incomeConsolidated statement of financial positionConsolidated statement of changes in equityConsolidated statement of cash flowsNotes to the consolidated financial statements
1. Basis of presentation, consolidation and general accounting policies2. Financial risk management3. Financial information by segment4. Revenue from contracts with customers5. Consumables used and other production costs6. Labour costs7. Other operating income and expenses8. Depreciation, amortization and impairment9. Financial income and expenses10. Property, plant and equipment11. Biological assets12. Intangible assets and goodwill13. Investment in associates14. Non current loans and investments15. Inventories16. Prepaid expenses17. Trade and other receivables18. Trade and other payables19. Financial liabilities, other than trade and other payables20. Financial instruments by category and fair value hierarchy21. Leasing22. Share capital23. Major shareholders24. Earnings per share25. Related party balances and transactions26. Provisions27. Contingencies28. Income taxes29. Employee benefits30. Currency translation rates31. Basis of consolidation32. Increase of investment in MIL Energia Renovável Ltda.33. Subsequent events34. Approval of financial statements and dividends
Report of the statutory auditor on the consolidated financial statements
Precious Woods Holding Ltd financial statements
Balance sheetIncome statementNotes to the financial statements
Essential accounting and valuation principles1. General2. Authorized share capital3. Conditional share capital4. Treasury shares5. Investments in subsidiaries6. Financial assets to Group companies7. Other short term interest bearing liabilities8. Long term interest bearing liabilities9. Board and Executive compensation10. Depreciation, amortization and impairment11. Major shareholders12. Pledged assets / other securities13. Other note / Full time employment14. Other note / Lease liabilities15. Other note / Other short term liabilities16. Other note / Significant events after the reporting date
Proposed appropriation of the accumulated loss
Motion of Board of Directors
Report of the statutory auditor on the financial statements
Additional information
Contact addresses
We found 0 search results

No search results. Please enter a different search term.

4. Group Management

The GM under the leadership of the CEO is responsible for the operational management of the company. The organization, roles and responsibilities of the GM and its members are defined in the bylaws, which are set by the BoD. More information is available on the website (Investor Relations – Corporate Governance).

Additional information about the members of the GM can be found in their profiles on the Precious Woods website (Investor Relations – Corporate Governance).

In the reporting year, the GM consisted of the members:

WSGE_DP_GR_GL_Bruetsch

Markus Brütsch

Swiss citizen, born 1960

  • Since January 2014, CFO of Precious Woods Group
  • In July 2014, additionally CEO of Precious Woods Group
  • Before CFO at Cicor Group and Winterthur Technology Group

“The challenges in our business are multi-layered and complex. We can count on highly motivated teams that impress with their expertise and commitment.”


WSGE_DP_GR_GL_Glannaz

Stéphane Glannaz (Master in Marketing and Intl. Business)

French and Swiss citizen, born in 1972

  • Since 1 October 2013, CCO of Precious Woods Group
  • Before vice-president of Olam Intl. Ltd. Singapore, Timber Division and Head of Marketing and Sales

“PW remains one of the very few companies to address the dramatic problem of tropical forest deforestation. This mission is certainly one of the toughest in a world above all attached to profits but a must to protect our biodiversity that remains our most precious common good.”


WSGE_DP_GR_GL_Leu

Fabian Leu (Intl. Executive MB HSG, MSc Intl. Forestry)

Swiss citizen, born in 1986

  • Since 1 August 2021, CTO of Precious Woods Group
  • Before Technical Consultant of Precious Woods Holding and Managing Director Sawmills Bambidie, PW Gabon

“We are confident the necessary restructuration in Gabon will allow us to absorb the rising costs and take full benefit from the operational progress made in recent years.”


WSGE_DP_GR_GL_Pfannkuch

Markus Pfannkuch (Intl. Executive MBA HEC, MSc Intl. Forestry)

German citizen, born in 1982

  • Since 1 August 2021, CSO of Precious Woods Group
  • Before Technical Consultant of Precious Woods Holding and Forest Manager, PW Gabon

“The world needs timber and reliable ecosystem service providers. We provide both in high quality from the same forest – a unique business model and the guarantee for a stable future.”