Annual Report 2010 - Knorr-Bremse AG.

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At a Glance KNORR-BREMSE GROUP 2006 2007 2008 2009 <strong>2010</strong> Sales EUR mill. 3,121 3,251 3,384 2,761 3,712 Net income EUR mill. 185 198 192 99 239 Employees (as per Dec. 31) 13,035 13,943 14,999 14,432 16,277 Personnel costs EUR mill. 592 622 686 641 721 Balance-sheet total EUR mill. 1,646 1,735 1,788 1,664 2,194 Equity EUR mill. 493 566 639 533 754 Capital expenditure * EUR mill. 107 140 134 101 113 Depreciation * EUR mill. 104 113 115 118 147 Incoming orders EUR mill. 3,541 3,767 3,209 3,185 4,040 Research and development expenditure EUR mill. 141 159 171 153 175 * not including investments in financial assets
Page 1: Annual Report | 2010 Knorr-Bremse G
Page 5: Asia - Australia Knorr-Bremse Asia
Page 8 and 9: 2010 at a Glance Bendix receives a
Page 10 and 11: 6 The Executive Board of Knorr-Brem
Page 12 and 13: 8 The Supervisory Board of Knorr-Br
Page 14 and 15: 10 Report of the Supervisory Board
Page 17 and 18: 1/ Management Report In fiscal 2010
Page 19 and 20: MANAGEMENT REPORT 15 3,121 3,251 3,
Page 21 and 22: MANAGEMENT REPORT 17 the acquisitio
Page 23 and 24: MANAGEMENT REPORT 19 Assets, financ
Page 25 and 26: MANAGEMENT REPORT 21 Appropriation
Page 27 and 28: MANAGEMENT REPORT 23 2010 after fal
Page 29 and 30: MANAGEMENT REPORT 25 access to vehi
Page 31 and 32: MANAGEMENT REPORT 27 Capital expend
Page 33 and 34: MANAGEMENT REPORT 29 Human Resource
Page 35 and 36: MANAGEMENT REPORT 31 Follow-up repo
Page 37 and 38: MANAGEMENT REPORT 33 Operational ri
Page 39: MANAGEMENT REPORT 35 mass transit n
Page 43 and 44: Rail Vehicle Systems Over the year
Page 45 and 46: RepoR t 41 Markets Despite persiste
Page 47 and 48: RepoR t 43 Market Successes Knorr-B
Page 49 and 50: RepoR t 45 Braking systems for Amst
Page 51 and 52: RepoR t 47 Framework agreement with
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RepoR t 49 The recent order is the
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RepoRt 51 Orders for heavy locomoti
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RepoR t 53 Sydac wins Australian aw
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RepoR t 55 Projects 2010 saw Knorr-
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RepoR t 57 More room for machining
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RepoRt 59 A unique concept in the r
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RepoRt 61 New plant in Daxing In Da
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RepoRt 63 Joint development activit
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RepoR t 65 Products For more than 1
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RepoR t 67 A clear opening width of
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RepoRt 69 From Europe to the world
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RepoR t 71 Service Every vehicle bu
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RepoR t 73
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RepoRt 75 Changing aftermarket acti
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78 RepoR t | CoMMe RCIAL VeHICLe SY
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80 RepoRt | CoMMeRCIAL VeHICLe SYSt
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100 RepoR t | CoMMe RCIAL VeHICLe S
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102 RepoRt | CoMMeRCIAL VeHICLe SYS
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Knorr-Bremse Group In addition to t
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RepoR t 111 Knorr Excellence Under
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RepoR t 113 maturity level of produ
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RepoRt 115 Two pillars provide mutu
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RepoR t 117 Responsibility Sustaina
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RepoRt 119 establishing a central h
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RepoR t 121 employees and their fam
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RepoRt 123 A new approach Then as n
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RepoR t 125 Employees Thanks to the
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RepoR t 127 and students with key q
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RepoR t 129 Trade fairs Local prese
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RepoR t 131
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RepoRt 133 InnoTrans 2010 - top lev
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136 1 Principles and methods The co
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138 Interest rate: 5.16% p. a. Sala
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140 Associated companies are consol
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142 2 Changes in intangibles, fixed
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144 3 Intangibles This heading incl
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146 1 Consolidated affiliated compa
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148 6 Inventories 2010 TEUR 2009 TE
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150 16 Liabilities 2010 TEUR 2010 T
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152 23 Financial results 2010 TEUR
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154 • Currency hedging contracts
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156 SEGMENT REPORT Segment Report i
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158 STATEMENT OF CHANGES IN GROUP E
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160 CONSOLIDATED BALANCE SHEET Cons
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Contact Knorr-Bremse AG Moosacher S
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Annual Report 2010 - Knorr-Bremse AG.

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