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PDF, 4MB - Panalpina Annual Report 2012

PDF, 4MB - Panalpina Annual Report 2012

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Contents<br />

1<br />

Facts and Figures 2<br />

Investing in <strong>Panalpina</strong> 4<br />

Letter to Shareholders 6<br />

Group <strong>Report</strong><br />

Strategy and Results 8<br />

Regions 18<br />

Product Divisions 20<br />

Value Creation and Sustainability<br />

Global Network 22<br />

Industry Verticals 24<br />

Compliance and Corporate Culture 27<br />

Employees 28<br />

Information Technology 30<br />

Procurement 31<br />

Quality, Health, Safety and Environment 32<br />

Security 36<br />

Corporate Governance and Responsibilities<br />

Social Commitments 37<br />

Corporate Management 38<br />

A Passion for Solutions 52<br />

Financial <strong>Report</strong><br />

Consolidated Financial Statements 68<br />

<strong>Annual</strong> Financial Statements 138<br />

GRI 146<br />

Imprint 147<br />

<strong>Annual</strong> <strong>Report</strong> <strong>2012</strong>

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