Untitled - GIZ
Untitled - GIZ
Untitled - GIZ
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3<br />
Contents<br />
1 Report of the Supervisory Board<br />
35 Auditors’ report<br />
36 Publishing details<br />
Management Report 2011<br />
<br />
2 Operations and business environment<br />
6 Assets, financial position, and income<br />
37 <strong>GIZ</strong> at a glance<br />
8 Economic situation<br />
14 Outlook<br />
17 Supplementary report<br />
17 Thanks to our employees<br />
Annual Statement<br />
of Accounts<br />
18 Balance sheet<br />
as at 31 December 2011<br />
20 Appendix to the balance sheet<br />
Changes in fixed assets<br />
22 Profit and loss account<br />
for the period from 1 January 2011<br />
to 31 December 2011<br />
<br />
Annex 2011<br />
23 Notes on the balance sheet and profit<br />
and loss account<br />
23 General notes on the principles of<br />
accounting and valuation<br />
25 Notes on the balance sheet<br />
30 Notes on the profit and loss account<br />
32 Other information
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