ANNUAL REPORT
ANNUAL REPORT
ANNUAL REPORT
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Table of conTenTs<br />
IntroductIon<br />
Foreword 3<br />
Metalor in brief 6<br />
Highlights 2006 8<br />
dIvIsIonal actIvItIes<br />
Refining 10<br />
Advanced Coatings 12<br />
Watches and Jewelry 14<br />
Electrotechnics 16<br />
FInancIal statement<br />
annual reporT 2006<br />
Precious metal prices 18<br />
Financial year 2006 report 20<br />
Consolidated balance sheet 21<br />
Consolidated statement of income 22<br />
Consolidated statement of cash flows 23<br />
Consolidated statement of changes in equity 24<br />
Group companies 25<br />
The operating companies of the Metalor Group 26<br />
Governing bodies 28
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