Annual Report 2010 - Knorr-Bremse AG.

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102 RepoRt | CoMMeRCIAL VeHICLe SYSteMS Meeting the needs of the BRIC states As the world’s largest commercial vehicle markets, Brazil, Russia, India and China – the BRIC states – have high requirements for commercial vehicle components. For many years, Knorr-Bremse has pursued a consistent regionalization strategy aimed at covering the specific needs of the markets in these countries. And its efforts have paid off in the form of steady growth in demand for Knorr-Bremse components. All over the world Knorr-Bremse offers innovative, region-specific solutions aimed at improving vehicle safety and energy efficiency and tailored to the needs of individual markets. In developing its products it always takes into account customer requirements in the various countries, with their differing infrastructures, transport systems and climatic conditions. Localized products also must comply with national legislation and, in some cases, have to be locally produced, either for cost reasons, or to meet customs regulations or quite simply because of the distances involved. In 2010 the focus was on products especially tailored to the needs of the BRIC states.
RepoRt 103 20-inch disc brake for China Unlike in Europe and North America, commercial vehicles in China use tires with inner tubes. This creates a wheel contour that provides less space for disc brakes. To cope with this reduced installation envelope Knorr-Bremse has developed a special design of brake with an internal mechanism based on the well-known disc brake concept that has sold in its millions in the company’s core markets. In 2010 the process of localizing production of the 20-inch disc brake began, including the development of a local supply infrastructure. At the same time the process began of transferring an entire disc brake assembly line from the German site in Aldersbach to Dalian, China. ABS for BRIC With more than 20 years’ experience of designing electronic brake control systems, Knorr-Bremse is the world’s leading manufacturer of ABS systems. This means Knorr-Bremse Commercial Vehicle Systems is well placed for accessing BRIC markets. With its ABS system specially designed for the BRIC states, Knorr-Bremse offers a scaleable, cost-effective solution that meets the needs of these countries. The system covers a wide range of functions: It has to meet certain minimum requirements but also has to be modular in design and capable of being customized to regional customers’ requirements. The ABS is therefore available with integrated ESP function on the one hand, and on the other hand can also reproduce electronic brake control functions. PBS – Pneumatic Booster System The concept underlying this development is both simple and ingenious: the Pneumatic Booster System (PBS) utilizes the compressed air that has already been generated for the braking system, injecting measured amounts briefly into the inlet manifold of the engine to boost its short-term performance. Within half a second the engine has enough oxygen to eliminate so-called “turbo lag” during acceleration. This brief but significant improvement in performance enables the driver to change up faster and maintain lower average engine revs without affecting performance. This short-term boost in engine performance is not only useful during drive-off and overtaking. The acceleration of a vehicle equipped with the Pneumatic Booster System is comparable to one with a 20% to 30% higher cubic capacity – which means PBS is of considerable benefit to BRIC states, where vehicles are traditionally fitted with smaller engines.
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Annual Report | 2010 Knorr-Bremse G
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Main Majority-owned Subsidiaries of
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1/Overview 04 06 08 10 12 2010 at a
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Knorr-Bremse Rail Vehicle Systems i
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EXECUTIVE BOARD 7 Dr. Dieter Wilhel
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SUPERVISORY BOARD 9 Heinz Hermann D
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SUPERVISORY BOARD 11 Statements and
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14 The State and Development of Kno
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16 Development of the Knorr-Bremse
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18 the Daxing site a new production
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20 Overall assessment of the econom
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22 Regional developments by divisio
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24 for example, procured another 18
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26 ket also throttled back domestic
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28 Research and development As a te
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30 Social responsibility and sustai
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32 Report on risks and opportunitie
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34 Outlook In 2011 the Knorr-Bremse
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2/ Report Against a background of g
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40 RepoR t | RAIL Ve HICLe SYSteMS
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50 RepoRt | RAIL VeHICLe SYSteMS As
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Page 66 and 67: 62 HIGHLIGHt RepoRt | RAIL VeHICLe
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Page 81 and 82: Commercial Vehicle Systems Followin
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Page 87 and 88: RepoR t 83 Market Successes Against
Page 89 and 90: RepoR t 85 North America Bendix bec
Page 91 and 92: RepoRt 87 Consistent performance th
Page 93 and 94: RepoRt 89 Asia Successes in China K
Page 95 and 96: RepoR t 91 PACCAR quality award The
Page 97 and 98: RepoR t 93 Projects During 2010 Kno
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Page 101 and 102: RepoRt 97 Focus on value creation A
Page 103 and 104: RepoR t 99 Products Reliable, safe,
Page 105: RepoR t 101 Tire Pressure Monitorin
Page 109 and 110: RepoR t 105 Service Knorr-Bremse’
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Page 114 and 115: 110 RepoR t | KnoRR-BR e MSe GR o U
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Page 122 and 123: 118 RepoRt | KnoRR-BReMSe GRoUp CSR
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Page 136 and 137: 132 RepoRt | KnoRR-BReMSe GRoUp Kno
Page 139 and 140: 3/ Notes to the Consolidated Financ
Page 141 and 142: NOTES TO THE CONSOLIDATED FINANCIAL
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NOTES TO THE CONSOLIDATED FINANCIAL
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CONSOLIDATED CASH FLOW STATEMENT 15
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SEGMENT REPORT 157 Fiscal Year 2010
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INDEPENDENT AUDITOR’S REPORT 159
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CONSOLIDATED STATEMENT OF INCOME 16
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