Annual Report 2010 - Knorr-Bremse AG.

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52 RepoR t | RAIL Ve HICLe SYSteMS With the new E5 generation of the Shinkansen, JR East will be extending the “Tohoku“ line between Tokyo and Hachinohe to Aomori, on the west coast of the main island of Honshu. If it is to compete with air travel, the high-speed train has to complete the trip within three hours – which means increasing its top speed from 275 km/h to 320 km/h. This calls for a braking system with substantially higher performance. In addition to supplying the E5 generation, Knorr-Bremse also received an order to supply most of the bogie equipment for the pre-series prototype of the next generation – the E6. Delivery took place within a few months of receipt of the order, and initial testing started in June 2010. Knorr-Bremse upgrades Indian freight car brakes The Indian national rail operator, Indian Railways, has chosen Knorr-Bremse to supply the new brakes for a staged upgrade of its freight car fleet. In place of conventional braking technology, the cars will be equipped with modern bogie brakes from Knorr-Bremse that are not only lighter and more efficient but also more reliable, as well as having just one brake cylinder per bogie. Indian Railways management began showing an interest in collaboration with Knorr-Bremse back in 2009, and in 2010 placed an initial order for the supply of bogie-mounted brake systems for approximately 11,000 freight cars by September 2011. Knorr-Bremse India wasted no time and began deliveries in October 2010. Along with modern bogie brakes, the Knorr-Bremse plant in India also manufactures conventional brakes; however, demand is progressively shifting toward the more technically advanced bogie brakes. Prizes and awards Elogistics Award Knorr-Bremse Systeme für Schienenfahrzeuge has won an Elogistics Award from AKJ Automotive – a working group that brings together experts and top managers from the German automotive industry and offers a platform for exchanging experience amongst OE manufacturers, suppliers and service providers in the automotive value chain. The Elogistics Award is made in recognition of best-practice solutions in the fields of IT and logistics developed by companies in the automotive industry and related sectors. Knorr-Bremse received the award for a pioneering solution to the problem of “uniform disposition responsibilities in a complex plant structure” based on a sophisticated combination of logistics and information technology. The company succeeded in designing an integrated disposition system with only one person responsible for each category of goods, enabling customer requirements to be dealt with much more rapidly and efficiently, even on a cross-plant basis.
RepoR t 53 Sydac wins Australian award Knorr-Bremse subsidiary Sydac, an industry-leader in the development of simulation technology and engineering software, won first prize in the Top 20 South Australian Innovation Awards. The new awards system profiles the 20 most influential business-to-business innovations of the 21st century. The judges felt that Sydac’s highly innovative technology and development of a successful business model demonstrated twin competitive advantages that have gained the company a significant market share at home and abroad.
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Annual Report | 2010 Knorr-Bremse G
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Main Majority-owned Subsidiaries of
Page 7 and 8: 1/Overview 04 06 08 10 12 2010 at a
Page 9 and 10: Knorr-Bremse Rail Vehicle Systems i
Page 11 and 12: EXECUTIVE BOARD 7 Dr. Dieter Wilhel
Page 13 and 14: SUPERVISORY BOARD 9 Heinz Hermann D
Page 15: SUPERVISORY BOARD 11 Statements and
Page 18 and 19: 14 The State and Development of Kno
Page 20 and 21: 16 Development of the Knorr-Bremse
Page 22 and 23: 18 the Daxing site a new production
Page 24 and 25: 20 Overall assessment of the econom
Page 26 and 27: 22 Regional developments by divisio
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Page 30 and 31: 26 ket also throttled back domestic
Page 32 and 33: 28 Research and development As a te
Page 34 and 35: 30 Social responsibility and sustai
Page 36 and 37: 32 Report on risks and opportunitie
Page 38 and 39: 34 Outlook In 2011 the Knorr-Bremse
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Page 44 and 45: 40 RepoR t | RAIL Ve HICLe SYSteMS
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Page 66 and 67: 62 HIGHLIGHt RepoRt | RAIL VeHICLe
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Page 89 and 90: RepoR t 85 North America Bendix bec
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Page 95 and 96: RepoR t 91 PACCAR quality award The
Page 97 and 98: RepoR t 93 Projects During 2010 Kno
Page 99 and 100: RepoR t 95 By the end of the year u
Page 101 and 102: RepoRt 97 Focus on value creation A
Page 103 and 104: RepoR t 99 Products Reliable, safe,
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RepoRt 103 20-inch disc brake for C
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RepoR t 105 Service Knorr-Bremse’
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RepoR t 107 out progressively in th
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110 RepoR t | KnoRR-BR e MSe GR o U
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3/ Notes to the Consolidated Financ
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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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