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BayWa AG Annual Report 2011

BayWa AG Annual Report 2011

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Management <strong>Report</strong><br />

on the Company and<br />

the Group<br />

We are a sound, dependable and<br />

innovative company.<br />

(Taken from <strong>BayWa</strong>’s Corporate Guidelines)<br />

Section<br />

Page<br />

49 Summary of Performance in <strong>2011</strong><br />

51 Business and General Conditions<br />

58 Earnings, Financial Position and Assets<br />

69 Opportunity and Risk <strong>Report</strong><br />

74 Significant Events after the <strong>Report</strong>ing Date<br />

75 Remuneration <strong>Report</strong><br />

77 Outlook<br />

3

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