- Page 1 and 2:
ANNUAL REPORT 2011 A.S. CRÉATION T
- Page 3 and 4:
Foreword 8 Managing Board and Super
- Page 5 and 6:
account, however, the A.S. Créatio
- Page 7 and 8:
higher sales also in the Eastern Eu
- Page 9 and 10:
January February April May November
- Page 11 and 12:
Board has transferred decision-maki
- Page 13 and 14:
• discussion about the recommenda
- Page 15 and 16:
CORPORATE GOVERNANCE STATEMENT AND
- Page 17 and 18:
Declaration of conformity pursuant
- Page 19 and 20:
to the Supervisory Board in writing
- Page 21 and 22:
Accounting and audit The consolidat
- Page 23 and 24:
Introduction The A.S. Création Gro
- Page 25 and 26:
possible. On the other hand, there
- Page 27 and 28:
homing or cocooning, which they see
- Page 29 and 30:
evenues generated by A.S. Création
- Page 31 and 32:
the fiscal year is due to the revis
- Page 33 and 34:
dards by an independent auditor on
- Page 35 and 36:
with effect from March 1, 2011. In
- Page 37 and 38:
Cash-flow in € m 17.6 19.0 2009 2
- Page 39 and 40:
production facility in Russia, the
- Page 41 and 42:
from the performance-oriented syste
- Page 43 and 44:
up to € 4,500,000 through the iss
- Page 45 and 46:
or its Audit Committee for the audi
- Page 47 and 48:
product for PVC, which would result
- Page 49 and 50:
with supplies to joint customers. A
- Page 51 and 52:
5% are projected for Russia’s GDP
- Page 53 and 54:
start-up losses incurred in Russia
- Page 55 and 56:
Political stock markets weigh on sh
- Page 57 and 58:
light of this fact, the Managing Bo
- Page 59 and 60: Shareholder Structure Free float 41
- Page 61 and 62: CONSOLIDATED FINANCIAL STATEMENTS A
- Page 63 and 64: Equity and Liabilities Notes 31.12.
- Page 65 and 66: A.S. Création Tapeten AG, Gummersb
- Page 67 and 68: A.S. Création Tapeten AG, Gummersb
- Page 69 and 70: of domestic and foreign companies i
- Page 71 and 72: In accordance with IAS 21, foreign
- Page 73 and 74: attributable cost but also the fact
- Page 75 and 76: conditions, shorter useful lives re
- Page 77 and 78: (2) Intangible fixed assets The tab
- Page 79 and 80: (5) Other assets A breakdown of oth
- Page 81 and 82: (8) Inventories Inventories compris
- Page 83 and 84: As in the previous year, capital re
- Page 85 and 86: (13) Other liabilities The breakdow
- Page 87 and 88: The table below shows the changes i
- Page 89 and 90: administrative offence proceedings.
- Page 91 and 92: (21) Depreciation A breakdown of de
- Page 93 and 94: Complementary information (26) Cash
- Page 95 and 96: The table below shows a breakdown o
- Page 97 and 98: (31) Additional disclosures on fina
- Page 99 and 100: (34) Supervisory Board In FY 2011,
- Page 101 and 102: on its website. The declaration of
- Page 103 and 104: In our opinion, based on the findin
- Page 105 and 106: PROFIT APPROPRIATION PROPOSAL Balan
- Page 107 and 108: Equity and Liabilities 31.12.2011 3
- Page 109: March 22, 2012 Analyst presentation