2009 - Jaarverslag

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SPACE COMPOSITESGalileo is the first civil globalnavigation system and hasapproximately 30 European satellites.It has been commissioned by theEuropean Union. The system isbeing built under the direction of theEuropean Space Agency ESA. It willbe interoperable with the AmericanGPS and the Russian GLONASS.These worldwide satellite navigationsystems have a military origin.Galileo will become partiallyoperational in 2014 and will initiallybe used by European securityservices.TenCate Space Composites hasdeveloped a wide range ofTenCate Thermo-Lite lightweightcomposite materials for aerospace,including those for satellites. Thanksto the excellent characteristics of thisthermoset material, it is eminentlycapable of functioning for manyyears under the extreme conditionsprevailing in space. TenCate materialhas already been incorporated intoseveral Galileo satellites.Connected to research & development
CORPORATE INFORMATIONIDENTITY AND INTEGRITYAll employees within TenCate have access to ‘10Cate’, whichrepresents the identity of the company. These ten core values areuniversal within the worldwide company. 10Cate is centred on thecustomer and is entirely consistent with the TenCate business model.10Cate and the business model provide the guiding principles foreach employee.One of TenCate’s core values is reliability. The integrity code applies toeveryone employed by TenCate or its operating companies. The code ispart of each individual contract of employment. A central complianceofficer and a confidential adviser have been appointed to supportthe code.STATEMENT FROM THE EXECUTIVE BOARDAs the Executive Board of Royal Ten Cate, we have prepared theannual report and the financial statements for <strong>2009</strong>.We declare that to the best of our knowledge:◾ The financial statements give a true and fair view of the assets,liabilities and the financial position of the company and itsconsolidated businesses;◾ The annual report gives a true and fair view of the position on thebalance sheet date and the state of affairs of the company and itsassociated companies during the year and that the principal riskshave been stated in the annual report.Almelo, 3 March 2010Executive BoardL. de Vries, Chairman and CEOJ. Lock, CFOAnnual Report <strong>2009</strong> 77
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Royal Ten CateAnnual Report 2009Con
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COMMERCIAL OVERVIEWas at 1 January
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Annual Report 2009Royal Ten CatePro
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Financial highlights inmillions of
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Corporate technology3D weavingThe T
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Vision, mission, strategy and objec
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TenCate technology overviewEND-USER
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The TenCate shareLISTINGThe TenCate
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ConnectedTenCate is a producer of m
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Report of the Supervisory BoardANNU
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REPORT OF THE SUPERVISORY BOARD◾
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ADVANCED ARMOURIn Europe demand has
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The Boards (as at 1 January 2010)EX
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PROTECTIVE FABRICSIn 2009 TenCate P
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Page 36 and 37: PROTECTIVE FABRICSProtective clothi
Page 38 and 39: REPORT OF THE EXECUTIVE BOARD > Adv
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Page 42 and 43: AEROSPACE COMPOSITESIn March 2009 A
Page 44 and 45: ADVANCED ARMOURPeace operations are
Page 46 and 47: GEOSYNTHETICSIn 2009 TenCate Geosyn
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Page 54 and 55: innovative inkjet solutionsAs globa
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Page 58 and 59: GEOSYNTHETICSTenCate GeoDetect ® i
Page 60 and 61: Corporate informationCORPORATE GOVE
Page 62 and 63: CORPORATE INFORMATIONSWOT ANALYSIST
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Page 68 and 69: CORPORATE INFORMATIONWith regard to
Page 70 and 71: CORPORATE INFORMATIONCentral manage
Page 72 and 73: CORPORATE INFORMATIONthe reduction
Page 74 and 75: CORPORATE INFORMATIONSAFETYOur empl
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Page 82 and 83: Corporate communicationIn October 2
Page 84 and 85: 24 Share capital 10125 Pension liab
Page 86 and 87: Consolidated statement of comprehen
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NOTES TO THE CONSOLIDATED BALANCE S
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OTHER INFORMATIONThe term of the fi
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OTHER INFORMATION51.3 Interest rate
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OTHER INFORMATION51.5 Hedge account
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OTHER INFORMATIONThe effect of a ge
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OTHER INFORMATION56.2 Directors’
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Company financial statements58 COMP
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NOTES TO THE COMPANY FINANCIAL STAT
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Other informationTo the General Mee
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OTHER INFORMATIONSUBSEQUENT EVENTSA
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Ten-year summaryIn millions of euro
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152 Royal Ten Cate Annual Report 20
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OTHER ACTIVITIESNON-CONSOLIDATED CO
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Royal Ten Cateinvestor relations &
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2009 - Jaarverslag

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