CONTENTS MANAGEMENT REPORT. 4 About DLG. 4 DLG has set the direction for the next five years. 6 DLG is ready to improve its leading position. 8 Strategy 2021: DLG - leading the way.10 4 12 COMPANY MANAGEMENT. 30 Management structure . 30 Risk management. 32 CSR . 34 90 FINANCIAL REPORT. 12 Financial overview. 12 Key figures and ratios. 16 Important events in 2016 . 18 Farm supply. 20 Premix & Nutrition. 24 Service & Energy. 26 Other business areas. 28 30 PARENT COMPANY. 90 Management certification.112 DLG’s Board of Directors .113 DLG´s committee of representatives.114 Independent auditor's auditor's declaration .116 CONSOLIDATED ACCOUNTS. 36 Income statement . 38 Statement of comprehensive income. 39 Balance sheet . 40 Statement of changes in equity. 42 Cash flow statement . 44 Notes . 46 36 DLG ANNUAL REPORT • 3

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