Transcription of Good food, Good life
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Good food, Good life
good food , good lifeNHI GroupAnnual Financial ReportDecember 31, 20202 Nestl Holdings, Inc. and Subsidiaries Annual Financial Report 20203 management Report8 Responsibility Statement9 Report of Independent Auditors Consolidated Financial Statements14 Consolidated income statement15 Consolidated statement of comprehensive Income16 Consolidated balance sheet18 Consolidated cash flow statement19 Consolidated statement of changes in equity Notes21 1. Accounting policies23 2. Scope of consolidation, acquisitions and disposals of businesses, assets held for sale and acquisitions of non-controlling interests27 3.
Risk Management At the Nestlé S.A. level, the Nestlé Group Enterprise Risk Management (ERM) framework is designed to identify, assess and mitigate risks in order to minimize their potential impact on the Nestlé Group, including the NHI Group. A top-down assessment is performed at the Nestlé Group level once a year to create a
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