Technologies · Systems · Solutions - Dürr

Contents
4 Letter from the Chairman of the Board of Management
7 Board of Management of Dürr AG
8 Report of the Supervisory Board
12 Dürr on the capital market
Reports from the business units
18 Paint Systems
24 Final Assembly Systems
30 Ecoclean
36 Measuring Systems
42 Discontinued operations
48 2004 at a glance
Consolidated management report
50 Economic environment
51 Organization and strategy
53
59
Business developments
61 Financial position
65 Squeeze-out
Consolidated financial statements
75 Independent auditors’ report
76 Consolidated income statements
77 Consolidated balance sheets
78 Consolidated statements
of equity
79 Consolidated statements
of cash flows
66 Research and development
67 Purchasing management
67 Employees
69 Risk management
71 Events subsequent to the
reporting date
72 Outlook
80 Notes to the consolidated
financial statements
134 Dürr worldwide
136 Glossary