Technologies · Systems · Solutions - Dürr

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10 bers of the Supervisory Board in good time before the meeting held to approve the financial statements, and were discussed in detail with the Board of Management at that meeting of the Supervisory Board on April 20, 2005. The auditors signing the audit reports for the annual financial statements and the consolidated financial statements of Dürr AG also participated in that meeting with regard to the relevant points on the agenda, and reported concerning their audit. The Supervisory Board took approving note of the audit result. The Supervisory Board examined the annual financial statements, the consolidated financial statements, the management report and the consolidated management report. This examination by the Supervisory Board revealed no cause for objection. The Supervisory Board concurs with the assessment of the economic situation and future development of the Group as presented in the consolidated management report. The Supervisory Board approves the annual financial statements prepared by the Board of Management, which are hereby ratified. The Supervisory Board approves the Board of Management’s proposal for the use of the unappropriated profit of Dürr AG. The Supervisory Board also approves the consolidated financial statements. The Supervisory Board has examined the report prepared by the Board of Management pursuant to Sec. 312 of the German Stock Corporation Law concerning relationships with associated enterprises for the period from January 1 to December 31, 2004 (dependent company report). The dependent company report was also examined by the auditors appointed by the annual shareholders’ meeting and has been affixed with the following unqualified auditor’s report pursuant to Sec. 313 (3) of the German Stock Corporation Law: “After examination and assessment in accordance with our professional duties, we confirm that: 1. the factual information given in the report is correct, 2. the performance rendered by the company in connection with the transactions mentioned in the report was not unduly high, 3. regarding the measures mentioned in the report, no circumstances argue in favor of a materially different judgment than that made by the Board of Management.” The examination of the dependent company report by the Supervisory Board revealed no cause for objection. The Supervisory Board concurs with the results of the examination of the dependent company report by the auditors. According to the final results of the examination by the Supervisory Board, there are no objections to be raised against the declaration by the Board of Management at the end of the dependent company report. The Supervisory Board thanks the Board of Management, all members of staff, and their representatives for their dedication in the past fiscal year, as well as the shareholders for the confidence they have placed in the company. Stuttgart, April 20, 2005 The Chairman Dr.-Ing. E. h. Heinz Dürr
Report of the Supervisory Board Members of the Supervisory Board Dr.-Ing. E. h. Heinz Dürr 1 Entrepreneur, Berlin Chairman 1, 3 Peter Weingart Chairman of the Group Works Council of Dürr AG, Stuttgart Deputy Chairman 1, 2 Prof. Dr. Norbert Loos Managing Partner of Loos Beteiligungs-GmbH, Stuttgart Deputy Chairman Lieselotte Dedek-Fried2, 3 Member of the Works Council of Schenck RoTec GmbH, Darmstadt 2, 3 Benno Eberl Trade Union Secretary of IG Metall administrative offices, Stuttgart Prof. Dipl.-Ing. Jörg Menno Harms Managing Director of Menno Harms GmbH, Stuttgart Until October 31, 2004 Chairman of the Managing Board of Hewlett- Packard GmbH and Hewlett-Packard Holding GmbH, Böblingen Dr.Tessen von Heydebreck Member of the Board of Management of Deutsche Bank AG, Frankfurt am Main 1 Member of the Mediation Committee and Personnel Committee 2 Member of the Audit Committee 3 Representative of the employees 4 Application has been filed for court appointment of a successor. Werner Kramp3 Chairman of the Works Council of Schenck Final Assembly Products GmbH, Püttlingen Günter Lorenz1, 3 Principal Authorized Representative of IG Metall administrative offices, Darmstadt 3, 4 Harald Rüber (until February 28, 2005) President of Dürr Systems GmbH, Stuttgart Until February 28, 2005 Head of Project Development at Dürr Systems GmbH, Stuttgart Joachim Schielke2 Member of the Board of Management of Landesbank Baden-Württemberg, Stuttgart Chairman of the Board of Management of Baden-Württembergische Bank AG, Stuttgart Dr. Hans Michael Schmidt-Dencker (since June 9, 2004) Spokesman for the Managing Board of BWK GmbH Unternehmensbeteiligungsgesellschaft, Stuttgart Dr. Heinz-Gerd Stein2 (until June 9, 2004) Business consultant, Duisburg 11
Page 1 and 2: Technologies · Systems · Solution
Page 3 and 4: Continuing operations Paint Systems
Page 5 and 6: Technologies · Systems · Solution
Page 7 and 8: Contents 4 Letter from the Chairman
Page 9 and 10: Letter from the Chairman of the Boa
Page 11 and 12: Board of Management of Dürr AG Ste
Page 13: Report of the Supervisory Board The
Page 17 and 18: Bond ISIN (Reg S): XS0195957658 ISI
Page 19 and 20: Dürr on the capital market 15 With
Page 21: Dürr on the capital market We repo
Page 25 and 26: Application of powder paint base co
Page 27: RoDip dip-painting process: In the
Page 31 and 32: Dürr designs and supplies perfectl
Page 33: Final Assembly Systems Product line
Page 37 and 38: Cylinder head cleaning: A highpress
Page 39: Dürr Ecoclean systems ensure optim
Page 43 and 44: Automatic wheel mounting system of
Page 45: Measuring Systems Product lines Bal
Page 49 and 50: Paint distribution center in an aut
Page 51 and 52: Discontinued operations Development
Page 53 and 54: September PUSH symposium On behalf
Page 55 and 56: Sales of passenger cars and light t
Page 57 and 58: Consolidated management report Impr
Page 59 and 60: Consolidated management report Cons
Page 61 and 62: Amounts in €m Total incoming 2004
Page 63 and 64: Amounts in €m 2004 2003 Total inc
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100 90 80 70 60 50 40 30 20 10 Fina
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Consolidated management report Curr
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Consolidated management report In d
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Consolidated management report Purc
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Consolidated management report Succ
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Consolidated management report GmbH
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Fully automated vehicle painting pr
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Independent auditors’ report Inde
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Consolidated financial statements o
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4. New accounting standards 5. Cons
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7. Changes in the consolidated grou
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9. Discontinued operations Consolid
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10. Accounting and measurement prin
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Investments in associates Financial
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Cash and cash equivalents Borrowing
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Dependence on a few customers Use o
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15. Other investment income/loss 16
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Amounts in €k Impairment test for
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21.Trade receivables Consolidated f
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Nature and purpose of reserves Divi
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29. Segment reporting Paint Systems
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31. Contingent liabilities 32. Othe
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Credit risk Currency risk Interest
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36. Other notes Subsequent events G
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Property, plant and equipment Amoun
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Italy Olpidürr S.p.A. Novegro di S
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Financial calendar for 2005 April 2
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Technologies · Systems · Solutions - Dürr

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