Annual Report 2012
Annual Report 2012
Annual Report 2012
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Table of Contents<br />
Heraeus <strong>2012</strong><br />
04 Letter from the Board of Management<br />
07 Corporate Boards<br />
08 <strong>Report</strong> of the Supervisory Board<br />
12 Change is essential to sustainability<br />
14 In Focus: What Moves Us<br />
22 Heraeus worldwide<br />
GrOuP MaNaGeMeNT rePOrT<br />
28 Group Result<br />
38 Precious Metals<br />
42 Materials and Technologies<br />
44 Sensors<br />
45 Dental Products<br />
47 Biomaterials and Medical Products<br />
48 Quartz Glass<br />
50 Specialty Light Sources<br />
56 Human Resources<br />
59 Risk and Compliance <strong>Report</strong><br />
70 Events after the Balance Sheet Date / Prognosis <strong>Report</strong><br />
75 List of Shareholdings<br />
CONsOlIdaTed fINaNCIal sTaTeMeNTs<br />
84 Consolidated Balance Sheet<br />
86 Consolidated Income Statement<br />
87 Consolidated Cash Flow Statement<br />
88 Key Financial Indicators for the Group 2008 – <strong>2012</strong>