We make our customers successful. - Oerlikon Barmag

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Imprint. Publisher: Saurer Ltd. Concept/Design: New Identity Ltd. Text: Saurer Corporate Communications Print: Linkgroup © Saurer Ltd. 2004 Saurer Ltd. Textilstrasse 2 CH-9320 Arbon Phone +41 71 447 52 91 Fax +41 71 447 52 88 www.saurer.com
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LIVING SAURER. THE ANNUAL REPORT 20
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The business year 2003. 9 Financial
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THE BUSINESS YEAR 2003. 9
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Asian markets in particular, led by
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tion, teams made up of members from
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concentrated mainly on Turkey. To a
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Saurer generates 70% of its textile
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Outlook. This year it is especially
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A company is more than its balance
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The internationality and the perfor
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Our economic strength provides us w
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FINANCIAL REPORT 2003.
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Management’s discussion of result
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Consolidated income statement for t
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Consolidated cash flow statement fo
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Organization and business activity
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Provisions are set up for current l
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By division (continued) Notes to th
Page 44 and 45: Notes to the consolidated financial
Page 54 and 55: 21 Related parties Notes to the con
Page 56 and 57: Share % share Consol- Company Locat
Page 58 and 59: MULTIPLE YEAR COMPARISON.
Page 60 and 61: Balance sheet (EUR 000) 31.12.03 31
Page 62 and 63: Multiple year comparison Balance sh
Page 64 and 65: Saurer Ltd. - Income statement for
Page 66 and 67: Notes (CHF) Saurer Ltd. - Notes to
Page 68 and 69: Report of the statutory auditors to
Page 70 and 71: 88 Saurer Textile Solutions H. Fisc
Page 72 and 73: egarding the number of shares eligi
Page 74 and 75: Group, Tiengen (1975 to 1980). Chie
Page 76 and 77: 3.3 Cross-involvement. There is no
Page 78 and 79: The CEO as Delegated Member regular
Page 80 and 81: 4.2 Education, professional backgro
Page 82 and 83: Saurer does not issue stock to empl
Page 84 and 85: 5) Options held as of December 31,
Page 86 and 87: 6.5 Registrations in the share regi
Page 88 and 89: ADDRESSES WORLDWIDE.
Page 90 and 91: Addresses worldwide. Company Addres
Page 92 and 93: SHARE STATISTICS.
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We make our customers successful. - Oerlikon Barmag

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