Note 30 - Joint ventures

Audited by PwC
Novozymes A/S has interests in two joint ventures, namely two houseowners' associations run as jointly controlled entities with Novo Nordisk A/S. The objects of the associations are the operation and maintenance of common facilities.
2010 2009
    DKK million  DKK million  
Non-current assets 39  39 
Current assets   39  33   
Total assets at December 31 78  72 
Non-current liabilities (51) (59)
Current liabilities   (27) (13)  
Total liabilities at December 31 (78) (72)
Net profit   -    - 
Novozymes A/S has not assumed any material contingent liabilities in connection with its interests in these joint ventures.

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