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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>

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