Notes And Other Explanatory Information [Abstract]
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2022-01-01 to 2022-12-31 |
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| Notes and other explanatory information [abstract] | |
| Disclosure of accounting judgements and estimates [text block] |
USE OF CRITICAL ACCOUNTING ESTIMATES AND JUDGEMENTS
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| Disclosure of allowance for credit losses [text block] |
The charge to and release of the provision for impaired receivables are included in selling, general and administrative expenses in the income statement, whereby receivables are all assessed on an individual basis. During
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| Disclosure of auditors' remuneration [text block] |
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| Disclosure of authorisation of financial statements [text block] |
These consolidated financial statements were authorised for issuance on
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| Disclosure of basis of consolidation [text block] |
BASIS OF CONSOLIDATION
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| Disclosure of basis of preparation of financial statements [text block] |
The Company prepared these consolidated financial statements in accordance with International Financial Reporting Standards (“IFRS”) as adopted by the European Union and in conformity with the Dutch Civil Code
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| Disclosure of borrowing costs [text block] |
Borrowing fa
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| Disclosure of borrowings [text block] |
BORROWINGS
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| Disclosure of business combinations [text block] |
BUSINESS COMBINATIONS
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| Disclosure of cash and cash equivalents [text block] |
CASH AND CASH EQUIVALENTS
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| Disclosure of changes in accounting policies [text block] |
CHANGES IN ACCOUNTING STANDARDS
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| Disclosure of commitments [text block] |
Commitments
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| Disclosure of commitments and contingent liabilities [text block] |
COMMITMENTS AND
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| Disclosure of contingent liabilities [text block] |
Contingencies
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| Disclosure of credit risk [text block] |
CREDIT RISK
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| Disclosure of debt instruments [text block] |
Unsecured notes
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| Disclosure of deferred income [text block] |
T
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| Disclosure of deferred taxes [text block] |
Deferred Income Tax Assets and Liabilities
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| Disclosure of depreciation and amortisation expense [text block] |
Adjusted EBIT of the segments includes depreciation, which amounted to
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| Disclosure of derivative financial instruments [text block] |
DERIVATIVE FINANCIAL INSTRUMENTS
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| Disclosure of dividends [text block] |
During the Annual General Meeting of Shareholders on 11 May 2022, a dividend of EUR 0.70 per share was approved, payable in two instalments of EUR 0.35 on 15 July 2022 and 27 January 2023.
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| Disclosure of earnings per share [text block] |
EARNINGS PER SHARE
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| Disclosure of effect of changes in foreign exchange rates [text block] |
Exchange rates used in financial statements
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| Disclosure of entity's operating segments [text block] |
SEGMENT INFORMATION
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| Disclosure of events after reporting period [text block] |
SUBSEQUENT EVENTS
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| Disclosure of expenses [text block] |
The aggregate of cost of sales and selling, general and administrative expenses is specified by nature as follows (in EUR million):
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| Disclosure of expenses by nature [text block] |
EXPENSES BY NATURE
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| Disclosure of fair value measurement [text block] |
FAIR VALUE ESTIMATION
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| Disclosure of fair value of financial instruments [text block] |
Management believes that the carrying amount of all other financial assets and financial liabilities recognised in the statement of financial position approximates its fair value. Borrowings, initially accounted for at fair
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| Disclosure of finance income (cost) [text block] |
FINANCE INCOME AND EXPENSE
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| Disclosure of financial instruments at fair value through profit or loss [text block] |
JDE Peet's had the ability to voluntarily prepay term loans in whole or in part with prior notice to their agent. During 2021, JDE Peet's has repaid all term loans. The prepayment of loans did not result in any additional fees or penalties, just the payment of daily accrued interest at the agreed upon rate. An election was made to treat these voluntary prepayments as a loss on extinguishment of debt and expense the proportionate amount of unamortised deferred financing costs. The refinancing of the Group during 2021 shows full effect in 2022 resulting in lower interest expenses.
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| Disclosure of financial risk management [text block] |
FINANCIAL RISK MANAGEMENT
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| Disclosure of general information about financial statements [text block] |
Description of Business
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| Disclosure of information about hyperinflationary reporting [text block] |
I
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| Disclosure of impairment of assets [text block] |
IMPAIRMENT OF NON-CURRENT ASSETS
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| Disclosure of income tax [text block] |
INCOME TAXES
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| Disclosure of information about employees [text block] |
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| Disclosure of information about key management personnel [text block] |
RELATED-PARTY TRANSACTIONS
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| Disclosure of intangible assets [text block] |
GOODWILL AND OTHER INTANGIBLE ASSETS
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| Disclosure of interest income (expense) [text block] |
Finance income and expense consist of the following (in EUR million):
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| Disclosure of inventories [text block] |
INVENTORIES
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| Disclosure of investments accounted for using equity method [text block] |
The composition of other non-current assets is as follows (in EUR million):
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| Disclosure of issued capital [text block] |
Share capital and premium
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| Disclosure of leases [text block] |
R
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| Disclosure of liquidity risk [text block] |
LIQUIDITY RISK
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| Disclosure of market risk [text block] |
MARKET RISK
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| Disclosure of non-controlling interests [text block] |
Non-controlling interest
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| Disclosure of objectives, policies and processes for managing capital [text block] |
CAPITAL STRUCTURE
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| Disclosure of other non-current assets [text block] |
OTHER NON-CURRENT ASSETS
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| Disclosure of other non-current liabilities [text block] |
OTHER NON-CURRENT LIABILITIES
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| Disclosure of prepayments and other assets [text block] |
The composition of trade and other receivables is as follows (in EUR million):
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| Disclosure of property, plant and equipment [text block] |
PROPERTY, PLANT AND EQUIPMENT
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| Disclosure of provisions [text block] |
PROVISIONS
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| Disclosure of reserves within equity [text block] |
Translation reserve
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| Disclosure of restricted cash and cash equivalents [text block] |
As at
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| Disclosure of revenue from contracts with customers [text block] |
Revenue (in EUR million):
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| Disclosure of share capital, reserves and other equity interest [text block] |
SHAREHOLDERS’ EQUITY
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| Disclosure of share-based payment arrangements [text block] |
SHARE-BASED PAYMENTS
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| Disclosure of subsidiaries [text block] |
LEGAL ENTITIES
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| Disclosure of trade and other payables [text block] |
TRADE AND OTHER PAYABLES
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| Disclosure of trade and other receivables [text block] |
TRADE AND OTHER RECEIVABLES
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| Disclosure of treasury shares [text block] |
Treasury shares
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