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search Print Book 1 Book 2 Book 3 Book 4 Book 5 Book 6 Book 7 Book 8 PALFINGER at a GLANcE Financial Highlights of the PALFINGer Group 2 How to Use this Annual Report 6 Foreword by the CEO 7 Mission Statement 8 Highlights of 2011 9 PALFINGer at a Glance 10 Strategy and Value Management 12 Definition of Performance Indicators 17 Index 18 General Information 19 Investor RELAtions 21 CoRPoRAte GovERNANce Report Information According to Sec. 243b of the Business Code 32 Governing Bodies 32 Remuneration Report 38 Code of Corporate Governance 39 ConsoLIdated MANAGEMENt REPort / MARket RevIEw Economic Background 44 Industry Review 46 PALFINGer and its Competitors 51 Customers and Suppliers 53 ConsoLIdated Management Report / PERFoRMANce of PALFINGER Business Development in 2011 60 Significant Changes 61 Legal Changes within the PALFINGer Group 63 Information According to Sec. 243a of the Business Code 64 Financial Position, Cash Flows and Result of Operations 66 Treasury 69 Risk Report 70 Research, Development and Innovation 77 Value Creation 81 Human Resources 84 Sustainability 86 ConsoLIdated MANAGEMENt REPort / Segments and Outlook Performance by Segment 92 Key Events after the Balance Sheet Date 98 Outlook 99 ConsoLIdated FINANcIAL StatEMENts ConsoLIdated FINANcIAL StatEMENts for the YEAR Ended 31 DEC 2011 103 StatEMENt of LEGAL REPREsENtatives 173 Auditor’s REPort 174 Report of the Supervisory Board 176 The WoRLd of PALFINGER 179 Companies of the PALFINGer Group Corporate Locations of the PALFINGer Group 0 PALFINGER ANNual Report 2011
search Print We Remain Flexible in the Most Exciting Times Ever PALfinGer at a Glance Herbert Ortner Chief Executive Officer
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Page 13 and 14: • TELESCOPIC CRANES WE ENABLE OUR
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Page 31 and 32: We are Prompt in Reacting to Change
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Page 37 and 38: Governing Bodies Corporate Governan
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Page 43 and 44: Table of Contents Consolidated Mana
Page 45 and 46: Economic Background Consolidated Ma
Page 47 and 48: Industry Review Consolidated Manage
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PALFINGER and its Competitors Conso
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Customers and Suppliers Consolidate
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Table of Contents conSoliDateD MANA
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BusineSS Development in 2011 conSol
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Significant Changes conSoliDateD MA
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Information according to Sec. 243a
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Financial Position, Cash Flows and
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Financial Position, Cash Flows and
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Risk Report conSoliDateD MANAGEMENT
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Research, Development and Innovatio
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Research, Development and Innovatio
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Value Creation conSoliDateD MANAGEM
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Human Resources CONSoliDateD MANAGE
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Sustainability conSoliDateD MANAGEM
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Table of Contents conSolidated MANA
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Performance by Segment conSolidated
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Key Events After the Balance Sheet
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conSolidated INCOME Statement CONSo
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CONSOLIDATED STATEMENT OF CHANGES I
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AUDITOR’S REPORT > search Print A
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Companies of the PALFINGER Group >
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