palfinger at a glance
palfinger at a glance
palfinger at a glance
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
Table of Contents<br />
<strong>palfinger</strong> <strong>at</strong> a Glance<br />
> search Print<br />
Book 1<br />
Book 2<br />
Book 3<br />
Book 4<br />
Book 5<br />
Book 6<br />
Book 7<br />
Book 8<br />
PALFINGER <strong>at</strong> a Glance<br />
Financial Highlights of the PALfinGer Group 2<br />
How to Use this Annual Report 6<br />
Foreword by the CEO 7<br />
Mission St<strong>at</strong>ement 8<br />
Highlights of 2011 9<br />
PALfinGer <strong>at</strong> a Glance 10<br />
Str<strong>at</strong>egy and Value Management 12<br />
Definition of Performance Indic<strong>at</strong>ors 17<br />
Index 18<br />
General Inform<strong>at</strong>ion 19<br />
Investor Rel<strong>at</strong>ions 21<br />
Corpor<strong>at</strong>e Governance Report<br />
Inform<strong>at</strong>ion According to Sec. 243b of the Business Code 32<br />
Governing Bodies 32<br />
Remuner<strong>at</strong>ion Report 38<br />
Code of Corpor<strong>at</strong>e Governance 39<br />
Consolid<strong>at</strong>ed Management Report / Market Review<br />
Economic Background 44<br />
Industry Review 46<br />
PALfinGer and its Competitors 51<br />
Customers and Suppliers 53<br />
Consolid<strong>at</strong>ed Management Report / Performance of PALFINGER<br />
Business Development in 2011 60<br />
Significant Changes 61<br />
Legal Changes within the PALfinGer Group 63<br />
Inform<strong>at</strong>ion According to Sec. 243a of the Business Code 64<br />
Financial Position, Cash Flows and Result of Oper<strong>at</strong>ions 66<br />
Treasury 69<br />
Risk Report 70<br />
Research, Development and Innov<strong>at</strong>ion 77<br />
Value Cre<strong>at</strong>ion 81<br />
Human Resources 84<br />
Sustainability 86<br />
Consolid<strong>at</strong>ed Management Report / Segments and Outlook<br />
Performance by Segment 92<br />
Key Events after the Balance Sheet D<strong>at</strong>e 98<br />
Outlook 99<br />
Consolid<strong>at</strong>ed Financial St<strong>at</strong>ementS<br />
Consolid<strong>at</strong>ed Financial St<strong>at</strong>ements for the Year Ended 31 DEC 2011 103<br />
St<strong>at</strong>ement of Legal Represent<strong>at</strong>ives 173<br />
Auditor’s Report 174<br />
Report of the Supervisory Board 176<br />
The WorlD of Palfinger 179<br />
Companies of the PALfinGer Group<br />
Corpor<strong>at</strong>e Loc<strong>at</strong>ions of the PALfinGer Group<br />
4 <strong>palfinger</strong> Annual Report 2011
Change language