273535762015-01-012015-12-31273535762015-01-012015-12-31Direktionsmedlem 1273535762015-01-012015-12-31Bestyrelsesmedlem 1273535762015-01-012015-12-31Bestyrelsesmedlem 2273535762015-01-012015-12-31Bestyrelsesmedlem 3273535762015-12-31273535762014-12-31273535762014-01-012014-12-31273535762015-01-012015-12-31fsa:RetainedEarningsMember273535762014-01-012014-12-31fsa:RetainedEarningsMember273535762015-01-012015-12-31fsa:RetainedEarningsMember273535762014-01-012014-12-31fsa:RetainedEarningsMember273535762015-12-31fsa:ContributedCapitalMember273535762014-12-31fsa:ContributedCapitalMember273535762015-12-31fsa:RetainedEarningsMember273535762014-12-31fsa:RetainedEarningsMember273535762015-01-012015-12-31Revisionsvirksomhed 01273535762015-01-012015-12-31Revisor 01273535762015-01-012015-12-31Revisor 02iso4217:DKKThe object of the Company is to carry on engineering, render consultancy services and sell personnel services to the cement and minerals industry as well as to carry on any other activities as deemed related thereto by the Board of Directors. Pak Dan Consult A/S is a wholly-owned subsidiary of Cement Plant Consultants A/S and is included in the consolidated financial statements of Cement Plant Consultants A/S.Pak Dan Consult A/S realised a net loss of DKK 17 thousand, which is considered unsatisfactory. The loss for the year of DKK 17 thousand is to be transferred to next year. The balance sheet total at financial year-end 2015 is DKK 925 thousand and the equity at the balance sheet date is DKK 677 thousand. Uncertainty relating to recognition and measurement Management believes that there are no significant uncertainties associated with the preparation of the annual report. Unusual circumstances The annual report is not affected by unusual circumstances. Outlook A slight improvement is expected in the financial performance for 2016, although there is still some slowdown in the market.No events have occurred after the balance sheet date to this date which would influence the evaluation of this annual report.Henrik Peter SamsøeThe Board of Directors and the Executive Board have today considered and approved the annual report of Pak Dan Consult A/S for the financial year 01.01.2015 - 31.12.2015.The annual report is presented in accordance with the Danish Financial Statements Act.We recommend the annual report for adoption at the Annual General Meeting.We believe that the management commentary contains a fair review of the affairs and conditions referred to therein.Peter ThomsenErik Bonde PedersenHenrik Peter SamsøeChairman6400059000383000648200047800073000092500072710006400059000861000721200064000590002000595800035200049500029000290002480006577000100006543000238000340006800093000550006100022600015100019500033500020004000-53000-57000-22000-241000-17000-182000This annual report has been presented in accordance with the provisions of the Danish Financial Statements Act governing reporting class B enterprises with addition of certain provisions for reporting class C enterprises.Assets are recognised in the balance sheet when it is probable as a result of a prior event that future economic benefits will flow to the Entity, and the value of the asset can be measured reliably. Liabilities are recognised in the balance sheet when the Entity has a legal or constructive obligation as a result of a prior event, and it is probable that future economic benefits will flow out of the Entity, and the value of the liability can be measured reliably. On initial recognition, assets and liabilities are measured at cost. Measurement subsequent to initial recognition is effected as described below for each financial statement item. Anticipated risks and losses that arise before the time of presentation of the annual report and that confirm or invalidate affairs and conditions existing at the balance sheet date are considered at recognition and measurement. Income is recognised in the income statement when earned, whereas costs are recognised by the amounts attributable to this financial year.Receivables are measured at amortised cost, usually equalling nominal value less write-downs for bad and doubtful debts.Deferred tax is recognised on all temporary differences between the carrying amount and tax-based value of assets and liabilities, for which the tax-based value of assets is calculated based on the planned use of each asset. Deferred tax assets, including the tax base of tax loss carryforwards, are recognised in the balance sheet at their estimated realisable value, either as a set-off against deferred tax liabilities or as net tax assets. Prepayments comprise incurred costs relating to subsequent financial years. Prepayments are measured at cost.Cash comprises cash in hand and bank deposits.Other financial liabilities are measured at amortised cost, which usually corresponds to nominal value.Revenue from the sale of manufactured goods and goods for resale is recognised in the income statement when delivery is made and risk has passed to the buyer. Production costs comprise expenses incurred to earn revenue for the financial year. Production costs comprise direct and indirect costs for raw materials and consumables included in the production process.Administrative expenses comprise expenses incurred for the Entity’s administrative functions, including wages and salaries for administrative staff and Management.Other financial income comprises interest income, including payables and transactions in foreign currencies. Other financial expenses comprise interest expenses, including interest expenses on payables to group enterprises, payables and transactions in foreign currencies.Tax for the year, which consists of current tax for the year and changes in deferred tax, is recognised in the income statement by the portion attributable to the profit for the year and recognised directly in equity by the portion attributable to entries directly in equity. The Entity is jointly taxed with all Danish subsidiaries in the Cement Plant Consulting Group. The current Danish income tax is allocated among the jointly taxed entities proportionally to their taxable income (full allocation with a refund concerning tax losses). 2000110001780009600046000440002000160001930003190005000590003520004950002015-12-312015-01-012016-06-1527353576Pak Dan Consult A/SCopenhagen2016-06-15Peter ThomsenIn our opinion, the financial statements give a true and fair view of the Entity’s financial position at 31.12.2015 and of the results of its operations for the financial year 01.01.2015 - 31.12.2015.2016-06-15ValbyThe Company is part of a Danish joint taxation where its Parent, Cement Plant Consultants A/S, is the admi-nistration company. Consequently, referring to regulations of the Danish Corporation Tax Act, the Company is, with effect from 1 July 2012, liable for any obligations to withhold tax at source on interest, royalties and returns and from 1 January 2013 for corporation taxes for the jointly taxed companies. Deferred tax relates to the following items: Loss carryforwards (64) (59) The share capital consists of 500 shares at DKK 1,000. The shares are not divided into classes. There have been no changes to the share capital since the establishment in 2003. 33963556Deloitte Statsautoriseret RevisionspartnerselskabWeidekampsgade Postboks 16000900 København CDenmark36 10 20 30925000727100067700069400050000050000017700019400024800065770007000097000-17000-182000500059000-17000-182000-17000-182000-17000-182000500000500000177000194000Management is responsible for the preparation of financial statements that give a true and fair view in accordance with the Danish Financial Statements Act and for such internal control as Management determines is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.Our responsibility is to express an opinion on the financial statements based on our audit. We conducted our audit in accordance with International Standards on Auditing and additional requirements under Danish audit regulation. This requires that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor's judgment, including the assessment of the risks of material misstatements of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the Entity's preparation of financial statements that give a true and fair view in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Entity's internal control. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of accounting estimates made by Management, as well as the overall presentation of the financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.Our audit has not resulted in any qualification.In our opinion, the financial statements give a true and fair view of the Company’s financial position at 31.12.2015 and of the results of its operations for the financial year 01.01.2015 - 31.12.2015 in accordance with the Danish Financial Statements Act.Pursuant to the Danish Financial Statements Act, we have read the management commentary. We have not performed any further procedures in addition to the audit of the financial statements. On this basis, it is our opinion that the information provided in the management commentary is consistent with the financial statements. ÅrsrapportRegnskabsklasse BTo the owner of Pak Dan Consult A/SWe have audited the financial statements of Pak Dan Consult A/S for the financial year 01.01.2015 - 31.12.2015, which comprise the accounting policies, income statement, balance sheet, statement of changes in equity and notes. The financial statements are prepared in accordance with the Danish Financial Statements Act.Copenhagen2016-06-15Høffdingsvej342500Valby33963556Deloitte Statsautoriseret RevisionspartnerselskabWeidekampsgade60900København CLars Siggaard HansenChristian DahlstrømState-Authorised Public AccountantState-Authorised Public Accountant23800034000On initial recognition, foreign currency transactions are translated applying the exchange rate at the transaction date. Receivables, payables and other monetary items denominated in foreign currencies that have not been settled at the balance sheet date are translated using the exchange rate at the balance sheet date. Exchange differences that arise between the rate at the transaction date and the one in effect at the payment date, or the rate at the balance sheet date are recognised in the income statement as financial income or financial expenses. Revisionspåtegning195000335000The accounting policies applied for these financial statements are consistent with those applied last year.