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Annual Report 2024
Annual Report 2024
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Annual Report 2024
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Table of contents for the Annual Report 2024 report

Operational review
Key FiguresPrecious Woods at a glanceTo our shareholdersHighlights in 2024Strategy and business model
VisionStrategy, business model and added valueMarket characteristicsMarket trends
Group results Precious Woods Group
PW Group
Increased efficiency secures operating resultPrice and product mix weigh on salesRobust cost structureEBITDAImproved financial resultBalance SheetStable cash flowOutlook for 2025
PW AmazonPW GabonPW TradingPW Carben
Precious Woods – sustainability in practiceCorporate 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
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. Personnel expenses7. 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 registered voting share25. Related party balances and transactions26. Provisions27. Contingencies28. Income taxes29. Employee benefits30. Currency translation rates31. Basis of consolidation32. Subsequent events33. 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. Ordinary capital increase3. Authorized capital band4. Conditional share capital5. Treasury shares6. Investments7. Board and Executive compensation8. Depreciation, amortization and impairment9. Pledged assets / other securities10. Full time equivalents11. Lease liabilities12. Liabilities to pension funds13. Significant events after balance sheet date
Proposal for the carry forward of the accumulated losses
Motion of Board of Directors
Report of the statutory auditor on the financial statements
Additional information
Contact addresses
Precious Woods in EuropePrecious Woods in BrazilPrecious Woods in Central Africa
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23. Major shareholders

On 31 December 2024, the major shareholders holding 3 % (rounded) or more of Precious Woods Holding outstanding shares were as follows:

  Number of registered
voting shares 2024
nominal value CHF 1
  Number of registered
preferred shares 2024
nominal value CHF 10 1
  Number of registered
voting shares 2023
nominal value CHF 1
 
Fleischmann Werner / BoD   1 837 734   26.1%   135 554   15.6%   1 753 941   24.9%
Rössler Max   800 000   11.3%   546 000   62.8%   50 000   0.7%
Gut Thomas   734 283   10.4%   53 000   6.1%   491 808   7.0%
Aage V. Jensen Charity Foundation   455 704   6.5%   29 044   3.3%   455 704   6.5%
Basler Insurances   333 053   4.7%   –   0.0%   333 053   4.7%
von Braun   324 324   4.6%   19 594   2.3%   324 324   4.6%
Vassalli Christian   307 500   4.4%   8 480   1.0%   290 000   4.1%
Other BoD / Management   278 320   3.9%   5 088   0.6%   278 320   3.9%
Lehmann Katharina   104 021   1.5%   42 400   4.9%   104 021   1.5%
Gut Joseph   –   0.0%   –   0.0%   241 533   3.4%
Total number of issued shares   7 052 745   100.0%   869 838   100.0%   7 052 745   100.0%
1 The registered preferred shares were issued on December 2, 2024 (see note 22).

The financial liabilities on loans from related parties are presented in Note 19.