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Annual Report 2010 (PDF, 5.2MB) - Panalpina Annual Report 2012

Annual Report 2010 (PDF, 5.2MB) - Panalpina Annual Report 2012

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Contents<br />

Introduction 4<br />

An Interview with the Chairman and the CEO 4<br />

<br />

<strong>Report</strong>s of the Board of Directors and <br />

the Executive Board 10<br />

<strong>Report</strong> of the Board of Directors 10<br />

<strong>Report</strong> of the Executive Board 12<br />

<br />

Group Management Structure 20<br />

<br />

<strong>Report</strong>ing Regions 22<br />

Europe / Middle East / Africa and CIS 24<br />

North America 26<br />

Central and South America 27<br />

Asia Pacific 28<br />

<br />

Core Activities 30<br />

Air Freight 32<br />

Ocean Freight 33<br />

Logistics 34<br />

<br />

Customer Groups 36<br />

Automotive 38<br />

Healthcare and Chemicals 40<br />

Hi-tech 42<br />

Oil and Gas 44<br />

Retail and Fashion 46<br />

Telecom 48<br />

Panprojects 49<br />

Sustainable Growth 50<br />

CEO Statement 52<br />

Quality, Security and HSE 53<br />

Employees 58<br />

Corporate Culture 60<br />

Information Technology 62<br />

Social Commitment 63<br />

Corporate Governance 64<br />

Global <strong>Report</strong>ing Initiative 75<br />

<br />

Consolidated and <strong>Annual</strong> <br />

Financial Statements <strong>2010</strong> 76<br />

Consolidated Financial Statement 78<br />

<strong>Annual</strong> Financial Statement 143<br />

<br />

Appendix 154<br />

Information for Investors 154<br />

Main Offices Worldwide 156<br />

Pictures 158<br />

Imprint 159<br />

3<br />

<strong>Panalpina</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2010</strong>

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