ABB Annual Report 2012 PDF - ABB Group Annual Report 2012

More documents

Recommendations

Info

As of March 1, 2013Executive CommitteeFrom left to rightUlrich Spiesshofer Head of Discrete Automation and Motion divisionGreg Scheu Head of Marketing and Customer SolutionsBernhard Jucker Head of Power Products divisionPrith Banerjee Chief Technology OfficerFrank Duggan Head of Global MarketsEric Elzvik Chief Financial OfficerJoe Hogan Chief Executive OfficerTarak Mehta Head of Low Voltage Products divisionBrice Koch Head of Power Systems divisionDiane de Saint Victor General Counsel and Head of Legal and IntegrityVeli-Matti Reinikkala Head of Process Automation divisionGary Steel Head of Human ResourcesEric Elzvik was appointed Chief Financial Officer with effect fromFebruary 1, 2013, to succeed Michel Demaré, who is leaving ABB.10 Executive Committee | ABB Annual Report 2012
As of March 1, 2013Regional and country managersNorth America Enrique SantacanaCanada Daniel AssandriMexico Daniel GaliciaUnited States (includingUS Virgin Islands) Enrique SantacanaSouth America Sergio GomesArgentina Christian NewtonAruba Ramon MonrasBarbados Guillermo RodriguezBrazil Sergio GomesChile Jose PaivaColombia Ramon MonrasEcuador Ramon MonrasEl Salvador Guillermo RodriguezGuatemala Guillermo RodriguezPanama Guillermo RodriguezPeru Adolfo SamaniegoUruguay Christian NewtonVenezuela Ramon MonrasMediterranean Barbara FreiAlgeria Khaled TorbeyCroatia Steffen DrausniggFrance Pierre St-ArnaudGreece Apostolos PetropoulosIsrael Ronen AharonItaly Barbara FreiMorocco Christian BogersPortugal Miguel PernesSerbia Aleksandar CosicSpain Carlos MarcosTunisia Christian BogersTurkey Sami SevincNorthern Europe Trevor GregoryDenmark Claus MadsenEstonia Bo HenrikssonFinland Tauno HeinolaIreland Tom O’ReillyKazakhstan Altay ToyganbaevLatvia Bo HenrikssonLithuania Bo HenrikssonNorway Steffen WaalRussian Federation Anatoliy PopovSweden Johan SoderstromUnited Kingdom Trevor GregoryNorth Asia Claudio FacchinChina Claudio FacchinJapan Tony ZeitounKorea Yun-Sok HanTaiwan Kayee DingCentral Europe Peter TerwieschAustria Franz ChalupeckyBelgium Alfons GoosBulgaria Peter SimonCzech Republic Hannu KasiGermany Peter TerwieschHungary Tanja VainioLuxembourg Alfons GoosNetherlands Alfons GoosPoland Miroslaw GryszkaRomania Peter SimonSlovakia Marcel van der HoekSlovenia Boris BozicSwitzerland Remo LuetolfUkraine Dmytro ZhdanovSouth Asia Haider RashidAustralia Axel KuhrIndonesia Hendrik WeilerMalaysia Stephen PearceMyanmar Chaiyot PiyawannaratNew Caledonia Axel KuhrNew Zealand Grant GillardPapua New Guinea Axel KuhrPhilippines Min-Kyu ChoiSingapore Haider RashidThailand Chaiyot PiyawannaratVietnam Jian Peng FuIndia, Middle East and Africa Frank DugganAngola Antonio D’OliveiraBahrain Mahmoud ShabanBangladesh Joy-Rajarshi BanerjeeBotswana Gift NkweCentral Africa Naji JreijiriCongo Thryphon MungonoCôte d’Ivoire Magloire ElogneCameroon Pierre NjiguiEastern Africa Jose da MattaEgypt Naji JreijiriEthiopia Nikola StojanovicGambia Pierre NjiguiGhana Hesham TehemerIndia Bazmi HusainJordan Maroun ZakhourKenya Jose daMattaKuwait Richard LedgardLebanon Maroun ZakhourMauritius Ajay VijMozambique Paulo DavidNamibia Hagen SeilerNigeria Naji Jreijiri (1)Oman Saeed FahimPakistan Arfeen KhalidQatar Juha AlopaeusSaudi Arabia Mahmoud ShabanSenegal Issa GuisseSouthern Africa Leon Viljoen (1)Tanzania Michael OtonyaUganda Norah KipwolaUnited Arab Emirates Carlos PoneZambia Russell HarawaZimbabwe Charles Shamu(1)New country manager as of March 1, 2013ABB Annual Report 2012 | Regional and country managers 11
Page 1: Building on our technology leadersh
Page 4 and 5: This is ABBABB is one of the world
Page 6 and 7: Chairman and CEO letterDear shareho
Page 8 and 9: We will also be looking at ways to
Page 10 and 11: HighlightsResilient performance thr
Page 14 and 15: 12 Corporate governance report | AB
Page 16 and 17: 1. Principles1.1 General principles
Page 18 and 19: The following table sets forth, as
Page 20 and 21: 3.2 Changes to the share capitalIn
Page 22 and 23: 4.3 Shareholders’ dividend rights
Page 24 and 25: As at December 31, 2012, the member
Page 26 and 27: Brice Koch was appointed Executive
Page 28 and 29: 10. Auditors10.1 AuditorsErnst & Yo
Page 30 and 31: 28 Remuneration report | ABB Annual
Page 32 and 33: ABB’s success depends on its abil
Page 34 and 35: 1.3 Board compensation in 2012Compe
Page 36 and 37: Annual base salaryThe base salary f
Page 38 and 39: Historical payout of performance co
Page 40 and 41: Base salaryShort-term variablecompe
Page 42 and 43: 6.2 EC ownership of ABB sharesand o
Page 44 and 45: 42 Financial review | ABB Annual Re
Page 46 and 47: Operating and financial reviewand p
Page 48 and 49: In May 2012, the Low Voltage Produc
Page 50 and 51: In a market environment in which ne
Page 52 and 53: We record provisions for our contin
Page 54 and 55: Goodwill and other intangible asset
Page 56 and 57: We also incur expenses other than c
Page 58 and 59: In 2011, orders in the Power Produc
Page 60 and 61: We determine the geographic distrib
Page 62 and 63:
In 2012, “Capital gains, net” w
Page 64 and 65:
Divisional analysisPower ProductsTh
Page 66 and 67:
Continued pricing pressure in some
Page 68 and 69:
OrdersIn 2012, orders were flat due
Page 70 and 71:
The geographic distribution of orde
Page 72 and 73:
In 2011, revenues increased, driven
Page 74 and 75:
Throughout 2012 and 2011, the inves
Page 76 and 77:
Current liabilitiesDecember 31, ($
Page 78 and 79:
Total cash disbursements for the pu
Page 80 and 81:
Consolidated Financial StatementsCo
Page 82 and 83:
Consolidated Balance SheetsDecember
Page 84 and 85:
Consolidated Statements of Changes
Page 86 and 87:
Notes to theConsolidated Financial
Page 88 and 89:
Note 2Significant accounting polici
Page 90 and 91:
Page 92 and 93:
Page 94 and 95:
Note 3Acquisitions and increasesin
Page 96 and 97:
Note 3Acquisitions and increasesin
Page 98 and 99:
Note 5Financial instrumentsCurrency
Page 100 and 101:
Note 5Financial instruments, contin
Page 102 and 103:
Note 6Fair valuesRecurring fair val
Page 104 and 105:
Note 7Receivables, net, continued
Page 106 and 107:
Note 9Other non-current assets“Ot
Page 108 and 109:
Note 11Goodwill and other intangibl
Page 110 and 111:
Note 12Debt, continuedThe 4.625% EU
Page 112 and 113:
Note 14Leases, continuedNote 15Comm
Page 114 and 115:
Note 15Commitments and contingencie
Page 116 and 117:
Note 16Taxes, continuedIn 2012, 201
Page 118 and 119:
Note 16Taxes, continuedAt December
Page 120 and 121:
Note 17Employee benefits, continued
Page 122 and 123:
Note 17Employee benefits, continued
Page 124 and 125:
Note 18Share-based paymentarrangeme
Page 126 and 127:
Note 18Share-based paymentarrangeme
Page 128 and 129:
Note 19Stockholders’ equityAt bot
Page 130 and 131:
Note 21Other comprehensive incomeTh
Page 132 and 133:
Note 23Operating segment andgeograp
Page 134 and 135:
Page 136 and 137:
Page 138 and 139:
Report of the Statutory Auditor on
Page 140 and 141:
Financial Statements of ABB Ltd, Zu
Page 142 and 143:
Note 6Stockholders’ equityShareca
Page 144 and 145:
Note 10Board of Directors compensat
Page 146 and 147:
Note 11Executive Committeecompensat
Page 148 and 149:
Note 11Executive Committeecompensat
Page 150 and 151:
Note 12Share ownership of ABB byBoa
Page 152 and 153:
Proposed appropriation of available
Page 154 and 155:
Investor informationABB Ltd share p
Page 156 and 157:
Stock exchange listingsABB Ltd is l
Page 158 and 159:
2012 price trend for ABB Ltd shares
Page 160:
ABB LtdCorporate Communications P.O
show all

ABB Annual Report 2012 PDF - ABB Group Annual Report 2012

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?