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Welcome to Topps. Eastern Time. Debt is recognised. Cash at year-end is translated at the exchange rates at the balance sheet. Debt included in the short-term financial liquidity is also measured at amor-. Key figures are calculated according to Recommendations and Financial Other payables, which include trade payables and debt to public authorities.

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For accounting purposes, lease obligations are divided into finance and operating leases. Leases are classified as finance leases when substantially. Other leases are classified as operating leases. The accounting treatment of assets held under finance lease and the related liability is described in the sections on property, plant and equipment and financial liabilities, respectively. Lundbeck Group 15, 14, Allergy treatment ALK Group 2, 2, Emergency, assistance, healthcare and training Falck Group 12, 11, Total 30, 28, Revenue includes: Downpayments and milestone payments 1, Service income research collaborations 60 87 Royalty 96 Income from sale of ownership interest in Proximagen Group plc.

An incentive programme has been launched for employees of Lundbeckfond Invest and Lundbeckfond Ventures which is similar to standard incentive programmes for investment management and venture industry. The purpose of the incentive programme is for Lundbeckfond Invest and Lundbeckfond Ventures to be able to attract and retain skilled and qualified labour.

In order to attract, retain and motivate key employees and align their interests with those of the shareholders, the Group has established a number of incentive programmes in the H. Lundbeck, ALK and Falck groups. The Group uses short-term incentive programmes that provide an annual bonus for the achievement of pre-determined targets of the financial year as well as long term equity-based and debt-based schemes.

Equity-based schemes Equity-based schemes are used both in H. For the schemes in H. The Executive Management has been granted share schemes. Exercise of the warrants and the share schemes is subject to the relevant employees continuing employment at the date of exercise. Exercise of warrants and share schemes granted to the Executive Management is also subject H.

Lundbeck achieving its financial targets. The right to exercise the warrants is subject to the holder of the option not having resigned at the time of exercise. No other vesting conditions apply. The options can be exercised only during a period of four weeks after the publication of annual or interim financial statements. Share options are considered sufficiently covered by treasury shares.

The ALK Group has established conditional shares plans for the Board of Management and a number of key employees as a part of a retention programme. Conditional shares will be available three years after the date of grant, provided that ALK achieves the targets for vesting. The warrants issued were acquired at market value, and no conditions were attached.

Debt-based schemes H. SAR is a share price-based scheme with conditions and award criteria similar to those of the warrant schemes. RCU is a share price-based scheme with conditions and award criteria similar to those of the share schemes. Neither of the two schemes can be converted into shares, but the value of the scheme is distributed as a cash amount. The fair value at the time of grants of share scheme was DKK The exercise price is increased by 2. Conditional share under the share scheme have been granted at DKK pr. Fair value at the time of grants in was DKK 69 pr.

Outstanding warrants and share schemes H. Debt-based schemes The debt-based schemes consist of Stock Appreciation Rights and Restricted Cash Units awarded during the years In June , a few employees of US subsidiaries were granted Restricted Cash Units RCUs , a share price-based scheme with conditions and award criteria similar to those of the share scheme granted in June to a number of key employees of the parent company and its non-US subsidiaries.

The allocated RCUs, a total of 19,, will vest on 31 May subject to continuing employment with Lundbeck and Lundbeck achieving its financial targets, after which time they are settled. The size of the amount depends on the value of the Lundbeck share at the vesting date. Liability and expense recognised in the income statement The warrants and shares granted are recognised in the income statement for at an expense corresponding to the fair value at the time of grant calculated according to the Black-Scholes method for the vesting period that concerns The SARs granted are recognised in the income statement for at an expense corresponding to the value adjustment for the year based on the BlackScholes method, and the RCUs granted are recognised in the income statement for at an expense corresponding to the value adjustment for the year based on the performance of the Lundbeck share.

The liability covers all debt-based schemes in force at 31 December Furthermore an impairment loss on patent rights totalling DKK 38 million is recognised in research and development costs. In an impairment loss on other product rights totalling DKK 15 million is recognised in research and development costs. An impairment loss on patent rights totalling DKK 8 million is recognised in research and development costs. Losses and gains on the sale of intangible assets and property, plant and equipment were recognised at a net gain of DKK 14 million DKK million in Hansen in In connection with the divestment, the Group assumed the usual representations and warranties towards the buyer in the amount of DKK million and other recognised specific debt obligations of DKK 15 million.

On expiry of the warranty period at the end of July , the obligations were no longer considered to be in force - Amortisation of contractual customer relationships, Falck Group Transaction costs associated with acquisitions, Falck Group Special items -1, The net gain on financial instruments measured at fair value through profit or loss amounted to DKK 1, million at 31 December net gain of DKK 1, million in Kenwood includes a set of Toyota trim pieces that'll make this receiver look great in your dash.

In most vehicles, you can use an adapter not included to connect your vehicle's steering wheel controls to this Kenwood stereo. Connect a few wires, then program the adapter for your particular car and the Kenwood, and you'll retain the convenience of your steering wheel controls. Bluetooth note: Use of this receiver's Bluetooth features will depend upon your phone's Bluetooth capabilities.

Learn more in our article explaining Bluetooth profiles. Average review: reviews. I installed this unit to replace my factory stereo in my Explorer and I am very happy with the look and sound. It can be a little confusing to operate on the unit itself but it does work with my steering wheel controls with some soldering. I like the BT feature. It will automatically synk to my IPhone when I get in the vehicle. I can also set the illumination to match my other gages.

The Crutchfield service techs helped a lot and were very knowledgable about every aspect of the install. Pros: Looks good, blue tooth, iPhone compatible, good value, steering wheel compatible. Ipod works for a few days the quits working, same with phone. Reset the radio they work a few more days the quit again. USB is on the work side. Wasn't very easy to install in my Nissan Sentra. My vehicle required disassembly of a lot of stuff in the center console area-- including of part of the gear shift assembly, which initially made me a little nervous.

I had to Google for install specifics that the master sheet included way too vaguely. I totally could've called Crutchfield for support-- they are amazing with this. If it wasn't such a total pain to disassemble, I'd definitely return this head unit and exchange it for a different manufacturer altogether. Radio reception is really patchy, which could be an installer error, haven't had time to investigate.

Kinda bummed. My disappointment is definitely not due to anything on Crutchfield's end-- definitely buy from them but you may want to choose a different brand. Pros: Clean design, front access aux and USB, remote control. Integrated Pandora works very well. Cons: Didn't improve the sound quality of my factory speakers at all, even after tweaking. Also, the rear speakers are default off when streaming music via Bluetooth. You can manually turn them back on, which I did, but doing so sends all audio from phone calls to the rear instead of keeping it to the front, making it difficult to hear your callers.

Didn't have this issue with my previous Sony replacement unit in my Jeep. Nice radio easy to install. My installation in a f was a little more involved with trimming dash for it to fit. My second kenwood radio and I'm very happy with it. Crutchfield has great prices and includes the right wiring the first time. For what I wanted this radio is perfect.

Excellent buy for the money. I researched for weeks before making a purchase, Crutchfield had everyone else beat hands down. The unit was easy to install, had to call tech support only once forgot to purchase the Sirius Radio module. Looks really neat at night with the light show!

Pros: Much more powerful than the factory unit, my speakers are getting a serious workout.


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Bluetooth was up and running within seconds. Cons: Everyone is complaining about the sunlight glare during the day. It's true but it's more of a nuisance than an actual problem. Tint your widows, set the cruise control, and enjoy the ride! Easy to install sounds and looks great. Only down side was that it sits to far back in the new dash piece. This is the 2nd Kenwood for me as upgrades in cars. This was put into a Matrix. Easy installation and works great.

The sound quality is so much better than factory unit. The cost was great considering the quality of the unit Highly recommend Crutchfield for the very best values and customer service. I got this radio for the Bluetooth and intalled it in my wife's truck. She loves the radio. This is a great upgrade to get extra features that the factory radio didn't have. I was specifically looking for bluetooth playback of music and this one works great. As always, the Crutchfield team makes sure that you have everything you need to complete the install the first time.

This "extra" attention to detail keeps me coming back. Pros: A good unit at a good price, if you're looking for the features that this one has then this should be on your list. Cons: The rear speakers are defaulted to "off" when connected to bluetooth. You have to go into the settings and enable them.

This reciever was everything I wanted, Bluetooth works great. Being able to adjust the sound with all the options is great also. I've always had alpine or pioneer head units before, this kenwood sounds better and outperforms the others hands down Great stereo. Pros: Bluetooth,eq to adjust sound.. I bought this Kenwood unit to go in a Mustang with the Shaker system. The car came from the factory with an amp and subs but the sound was mediocre at best. The radio was going to be my starting point at upgrading the whole system. It needs nothing else.

The Kenwood brought the whole system to life. You can find this radio cheaper but Crutchfield supplies everything you need which makes up for the difference. After four replacement radios for my FJ Cruiser because they kept eating CD's; decided to get a new radio as the warranty ran out. With K miles on the truck, I didn't want to spend a lot on a replacement and this was priced right. Mainly use the radio to listen to books. Installation was really easy and three calls to Crutchfield just to make sure I was doing everything correctly. They addressed each concern immediately and with accurate responses.

Installation was easier than what I expected and the fit was spot on. Still learning how to use all of the features as there are many; the blue tooth connects quickly and the phone functions real well including using the phone book. This is a very good radio.

I installed this in an 06 Tacoma. It functions as described. The radio performs very well. I have had several Kenwood products and have always been very satisified. Pros: Easy install and set-up. Sounds great with factory speakers. I did a fair amount of research on the front end before the purchase. I haven't installed a head unit in about 30 years. That said, when the day came, despite making a mistake or two, I had it installed in a little more than an hour. Some of my issues were my fault, some the documentation could have be a little clearer. I made a couple of calls on that Saturday morning to Crutchfield's support team and got very quick and courteous answers.

I was very pleased with the support. As I said, I did some research ahead of time so I know the pros and cons going in. The biggest down side for me is I use Pandora a lot but I don't like the sync cable hanging off the headunit. To natively listen and control The streaming services on an iPhone, have have to use the sync cable.

You can still stream Bluetooth using the BT source selection, you just can't select Pandora as a source without the cable. I have a Mustang convertible so in the bright sun, the display is difficult to see but again, I knew that going in. The BT phone connection works very well. I'm still optimizing a bit but I'm told I can be understood pretty good and the mic is down on the console right now. It take a little less than a minute to connect the phone BT on start up.

Longer than my Ford Sync system but not too bad. Menu system is pretty easy to navigate but not something you want to do while driving. Sound quality is good with minimal optimizing. This unit was everything I expected. Pros: nice install support from Crutchfield I like the ability to chance the colors to match the dash nice sound great value for what you get. Mounting kit makes it look good in the dash.. Cons: need to use sync cable for Pandora from iPhone difficult to read in bright sun.

I got this head unit for my 06 Honda element and I love it fits great and looks great. Pros: Bluetooth audio and calling, Sirius ready, extremely easy to use. Easy to install with some knowledge on how stereos work the wires matched up perfectly to the adapter on color but always check your specific one as it may not. Sound quality is much better than factory and the Bluetooth quality is excellent no real complaints about this unit. Pros: Custom led colors Bluetooth Aux in It's just awesome buy it. This receiver is one of the best I've owned. I am an avid kenwood cystomer because of the quality of their products.

Every after m arket car e adio purchase i have made after i started doing more research has been a Kenwood. The dpxbt is just as good as the reviews said. Some say you cant read the display when its bright outside, if you adjust the color on the unit you can view it fine. The bluetooth works great, could be easier to use the phone book in the unit itself but works just as well from the phone. I looked in the menu, they were set to on just no bass sound. Cons: no bass with blue tooth, cant see very well in day light.

You do get what you pay for here. Performance wise I am sure this is a great product. However, functionally it fails which is why I ultimately returned it. Ultimately what I was trying to achieve by purchasing this was increased wattage with out an amp and that is what I got. However, I lost much more function than what I gained. Cons: Glossy surface makes it difficulty to impossible to see the display Rotating color display is annoying External Mic needed. Bluetooth doesn't always work. If I've been away from the car for less than hour, it works great. Longer time away and the display shows that the unit is paired, the BT AUDIO appears in the display, then the display will show the track that was on when I turned it off, but it won't play it.

I have to unlock the phone, open the music app and press play. Other than that minor issue, this unit has been great. I can't recommend the online instruction manual enough; this unit is way too complicated to figure out on your own! The variable color display options allowed me to make the unit look like it came with the car. The SWC interface works flawlessly and was simple to set up. In all, a very good unit. Pros: Custom colors for display and controls make the unit appear stock. The Kenwood head unit was exactly what I was looking for. The install was a little complicated but nothing that couldn't be done in regards to my car, the z.

When I purchased it from Crutchfield, it came with everything I needed to replace my stock head unit. Once installed, I ran into some minor issue where when playing music through bluetooth, the sound would only come out of the front speakers. But I called Crutchfield and there's a setting on many Kenwoods that is easily changed.

All in all would highly recommend product and buying it from Crutchfield. Pros: -Customizable -Easy to use -Bluetooth able i. Phone calls, music, etc. Cons: -Headunit install requires some work -External mic if you're not into that. Great unit, so many features its crazy. Love the bluetooth feature, unit sounds great and looks great. Easy install with the kit from Crutchfield. Cons: Would like to see the complete owners manual included but its easy enough to find online. This was a great purchase. My stock radio broke months ago so this was a must need.

It works great and I'm happy to hear music again. Incredible sound. Put in my 02 Ranger regular cab with stock speakers and it made it sound like a whole new world. Love that I can run BT through my phone and play Pandora or iHeartRadio, The Pandora integration is much better Added some Infinity 6x8's after I finally blew the stock speakers from plainly just playing them too dang loud.

Being able to use my phone through the radio is great. My wife told me I was more clear than if I had just been talking on the phone like usual. Don't know how that is possible but its what she said. Auto downloads your address book into the headunit so you have caller ID and everything. I don't understand those that say that this headunit is a little confusing to start out with. I thought everything was incredibly straight forward.

The only thing for me that would make this better is that if it was a touch screen. Also there were some that said glare during the day made the display hard to see. Maybe it depends on the vehicle, but in my Ranger it hasn't been a problem. I did a bit of a custom install in that I angled the headunit toward the driver side in order for easier view though. I have always loved Kenwood and they definitely didn't let me down.

Cons: Could have supplied "Y" Connector for sub system connection. Low freq still sounds great with one channel utilized. This was a great purchase I put it in my Ford ranger and it look and sounds Amazing. It was an easy install thanks to crutch field. Crutchfield customer from Northford CT. Cons: The install kit didn't even come close to working - had to trash it and build my own. I bought and installed 2 of these, 1 each for my wife and daughter. They love them. They sync up with the iphones automatically, so they have their music and hands free while driving.

Kenwood head units always have lots of bells and whistles, and these don't disappoint. They do everything! With Crutchfields install kits the jobs were super easy and look professional. The display and buttons have various colors to match any dash, but both my people like the colors to alternate. Sound quality was greatly improved over factory head units.

And I was able to almost easily retain steering wheel control button functions. Overall, well worth the expenditures and effort. Cons: Installing steering wheel control converter was a little more of a test, but phone support got me through. Installation on my Toyota van was very easy. Everything was straight forward and great! The sound was full and the appearance looked beautiful and expensive! I had a little trouble connecting unit with Android cell phone but once I figured it out it's been and great unit to have and use everyday.

Pros: easy unit to install easy to figure out functions price is not bad. Cons: trying to come up with some cons but I can't figure anything out right now. Installed this in my 4runner nearly 2 years ago. Unit would occasionally lock up and not operate when restarting the vehicle.. Then over the last few months it became a weekly occurrence.

I had to keep a toothpick handy to hit the reset button to get it to fire back up, with the accompanying loss of my presets Go to the Kenwood site and make sure you have the latest firmware for your unit. I didn't,. The last firmware specifically addresses the problem I stated above. Install was simple,. Pairing with iPhone is straight forward. I would guess that recent purchases already had this update loaded from the factory.. This was very easy to install in my Avalanche.

The install sheets were helpful but not necessary. I found an ample number of how-to videos on You Tube for removing door panels, for example. The receiver sounds and looks great in the dash; no additional trim work necessary. I bought this primarily for the Bluetooth, that works great with four phones. I was a little concerned about installing this in my wife's CRV, but having made the purchase throug Crutchfield I was a more at ease because of the added value of the correct wiring harness adapter, instructions, after market trim accessories and support from Crutchfield's friendly support staff if needed.

I didn't The only extra purchase that was required was butt connectors to splice the reciever harness to the after market plug that fit my Honda. If they had been included with all the other extras, it would have saved me a trip to the local auto parts store and for a couple bucks it would have made for a complete install. The pins on the after market adapter plug are very flimsy and you have to be careful not to bend them when making the connection.

This reciever has loads of features and looks great in place of the factory radio. The bluetooth paired effortlessly with my Android phone and instantly downloaded the address book. The sound quality and ease of use of the hands free bluetooth is exceptional as is the improved sound from the receiver. Having only used it for one day and lots of new stuff to discover, like the ability to update the firmware, apps from the Kenwood web site, the ease of using the features and the configureability of this product makes me think it's a great buy.

Pros: Easy to install, ease of use, included features, great sound quality, clear voice quality of hands free bluetooth. Cons: I wish Crutchfield would include butt splices with each order to help facilitate the install. Sound quality is outstanding. The extra little EQ options are great for an audio buff. Gave it 3 stars due to screen lighting and ease of setup.

Cannot read display in sunlight no matter what color I chose, would send back on that alone but too much trouble. Lousy radio reception. My old factory one was crystal clear. Came without user manual but did download it online. Perfect fit matches the style of the dash, that was a must like the touch screens but looked wrong. Sounds grate and no problems with it. Cons: FM reception not that great may be my antenna going to check. This was by far the easiest install I've done. Setup was a breeze. The sound, once tuned, is superior to any stock head unit.

I was completely finished in less than a half hour. Cons: Needs an integrated mic Feedback from Bluetooth during calls. This product looks and work's great had it installed in my wife's SUV in around an hour. The hands free calling and Pandora are very useful. Thanks crutchfeild. Pros: Hands free calling great now my wife doesn't have to fumble around with here phone while driving. And the Pandora feature gives here even more options of music versatility.

Excellent unit for my factory replacement Honda CR-V. Fits beautifully with the free kit provided. Highly recommended replacement unit! Pros: Perfect fit and installation was very easy. Used the factory brackets for perfect fit. My son absolutely loves the stereo. Great Christmas Gift. I wish this unit had scrolling text all of the time. Instructions for installation were poor to say the least. Cons: Takes a little bit to get used to it he controls but then it is all good! Quality is great, to be expected from Kenwood. Very easy to use, without too many buttons cluttering the face.

I paired my iphone in about 3 secs. Definite recommened unit. Good sound and power output. Also as a highlight I have to point out the built-in SQ equalizer that mimics perfectly the Quadraphonic effect,of course you have to mate the radio for high end speakers,i. The worst flaw of this unit may be,if there's one,the fact that the manual don't really get in technical detail explaining the many resources offered,but thanks to the Internet you can get everything online,thus being able to exploit the extraordinary resources this unit offers,i always deemed Kenwood as stereo royalty and this specific model lives up to the reputation.

Wow, this unit nails it. Looks, performance, options, ease of use all incredible. You simply can't go wrong with Crutchfield and Kenwood. Pros: looks, performance, ease of use, options, value and on and on. Great product. Hard time installing in Volkswagen.

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Not exactly plug and play. The sound is awesome I replaced my factory stereo, hooked it up to the JBL system and it is just heavenly. Pros: If you have a double din stereo, this stereo fits like a glove. Plus, it really looks great, all the different options of color display and much more Cons: If your not tech savvy like I am, it's not the easiest to learn how to use. My nephew installed it for me, who is very tech savvy, he had to teach me But I've had to call him twice for different things.

Installed in an '03 Mazda Protege and this deck works great. The only issue I have is the lighting isn't the greatest in the sun. Very good receiver, If I was younger and wanted to listen to music louder than I do, I would probably get better speakers etc. At my age the OEM speakers work just fine. The sound is much improved over the OEM receiver. Does not look as an add on.

Reason for change was I wanted Bluetooth, iPod and Flash drive capabilities. Pros: Easy to install, Good sound, Good look yet does not look so fancy when it turned off that it should not attract thieves, Seems to have more capabilities than I need at this point. Cons: The only con it can be a bit hard to see. On a bright sunny Calif. Depending on how the sun is shining in the windows, most off the time its not a problem. PS speaking with other people that have installed other brands and units they pretty much say the same thing.

Installed this in my Wife's Lexus. She loves it. She didn't want a touch screen and this fits the bill. We like that the usb and 7mm jack inputs are on the front. You can have the display one color and the buttons a different color, which has a nice affect. Sounds fantastic, gets great FM reception we don't listen much and works well with Sirius. Cons: Just wish the display would provide the Sirius channel in addition to the name and song.

Minor issue though. Seems to be a great device. With the dash kit, steering wheel control adapter, and harness adapter it installed easily and works just like it should. A far cry from the Craig PowerPlay 8-track in my Plymouth which was my first install about 38 yrs ago - both in the quality of the device AND in the ease of installation.

I put this in the Sonata my daughter has at college and she loves it. BT music, hands-free phone. The 5-stars are her rating. She looked up the user's manual on the web and had it set up quickly. The paper quick-start guide which comes in the box doesn't cover much, but it's just a quick-start guide, so the online manual is important. Cons: It would be nice to get a paper copy of the manual.

Maybe I'm just old. Cons: no user manual to do all the adjustments. Overall good stereo. Easy installation and the instructions were easy to follow. The Crutchfield reps made it easy to install. The instructions are not complete and it does not go into detail on settings and how to use. Pros: Long list of settings that will help you fine tune your listening experience. Cons: Long list of settings with very little instructions on how to take advantage of them.

It's a very nice radio. I am enjoying using it! I love the display! It's pretty easy to navigate through its settings. I do wish that it was a little brighter, though. Sometimes in the sun, when I have it cycling through its colors, it is difficult to see the display. Not a major problem. When I installed this radio in my Chevy Cavalier Coupe, without monsoon sound system, I did have a lot of trouble.

Crutchfield told me that it "Fits. I had to cut out, with a saw blade, the plastic back of my vehicle's dash of where the radio is installed. I did this to allow room for the wiring that stuck out from the radio, it could not have fit without cutting that plastic out. Overall, it is a great quality radio and I really like it!

Cons: Installation was a pain. Sound cuts out sometimes while streaming bluetooth audio from my phone. Wish display was a little brighter. Great receiver, easy menus to navigate, many options to tailor to your sound preference. Looks sharp and many colors to choose from for the display. Could not be happier with the complete setup.


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  • Everything about this unit was exactly what I expected when I shopped and ultimately purchased it. The install was totally straightforward and the unit fit very nicely in my Subaru Outback sedan. No install issues whatsoever. The range of display colors to choose from was great and I was able to match my dash lights very closely. Additionally, an external mic was inclided and easily intalled for HF hands free calling with BT. Pros: Easy install, reliable BT, included external mic, form, audio. Cons: The display is a little too "Tron" but it's still the best unit in its class.

    Great receiver with plenty of source possibilities. I especially like the USB and Auxiliary inputs that allow me to bring many libraries of my music on flash drives, mp3 player and Android phone wherever I drive. Access to iHeart Radio, aha, Pandora and other services assures me I won't be stuck listening to the standard schlock of commercial radio.

    Pros: Great sound thats easy to customize with an extensive level of equalization and other controls to make the sound fit your particular vehicle and music taste. Cons: I'll need to get with technical support to finish getting my Android phone to be fully functional with this unit. Free download. Book file PDF easily for everyone and every device.

    This Book have some digital formats such us :paperbook, ebook, kindle, epub, fb2 and another formats. Scheduling with Google Calendar That's no consolation prize; that's true victory. Tayo Rolls Ltd. Quick Links Radio reception is really patchy, which could be an installer error, haven't had time to investigate. Jingle Boy. A Survival Guide For Beginners.