Annual Report 2003 - Kardex

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36 FINANCIAL INFORMATION REGARDING THE KARDEX REMSTAR GROUP Notes to the consolidated financial statements 26: Group companies at December 31, 2003 (continuation) Ireland Kardex Systems Ireland Ltd., Dublin ● Italy Kardex Te-Co S.p.A., Opera-Milano ● Mexico AFT Automatización y Sistemas de Transportación de México S.A. de C.V., Mexico ● Netherlands Kardex Europe B.V., Amsterdam ◆ Kardex Nederland B.V., Woerden ◆ Kardex Systemen B.V., Woerden ● Stow Nederland bv, TZ Hoeven ● Norway Kardex System AS, Oslo ● Poland Stow Polska Sp.z.o.o., Warsaw ● Slovakia AFT Slovakia s.r.o., Bratislava ● South Korea Seo Kwang AFT Co. Ltd., Kyeonggi-Do ■ ● Spain ET Systems S.L., Sant Just Desvern ● Kardex Sistemas S.A., Madrid ● Switzerland Dreier Systemtechnik AG, Reinach ■ ● Kardex AG, Zurich ◆ Kardex Systems AG, Volketswil ● Kardimo AG, Zurich ◆ RETIS Software AG, Jona (sold at September 30, 2003) ■ ● Sistemco AG, Cham ◆ System Schultheis AG, Rapperswil ■ ● UK AFT Automation and Conveying Systems UK, Ltd., Telford Shropshire ● Kardex Holdings Ltd., Epping ◆ Kardex Systems (UK) Ltd., Epping ● Megamat (UK) Ltd., Milton Keynes ● Stow U.K. Co. Ltd., Sunbury on Thames ● USA AFT Automation and Conveying Systems Ltd., Auburn Hills ● ◆ Finance, real estate, services ■ Development, production ● Distribution, maintenance MHAT Inc., Auburn Hills ◆ Remstar International Inc., Westbrook (Maine) ■ ●
FINANCIAL INFORMATION REGARDING THE KARDEX REMSTAR GROUP Report of the Group auditors 37
Page 1 and 2: Annual Report 2003 The Far East get
Page 3 and 4: KEY FIGURES Kardex Remstar Group CH
Page 5 and 6: Five-year summary KEY FIGURES Karde
Page 7 and 8: Ladies and Gentlemen A glance at th
Page 9 and 10: of measures that will lead to incre
Page 11 and 12: Dynamic Storage and Retrieval Syste
Page 13 and 14: dilutes the sense of loyalty that u
Page 15 and 16: Industrial Automation and Conveyor
Page 17 and 18: early as possible, has short decisi
Page 19 and 20: Static Storage Systems Division STO
Page 21 and 22: ay shelving system. The remaining 1
Page 23 and 24: Special-Purpose Handling Systems Di
Page 25 and 26: and customized conveying systems. f
Page 27 and 28: Under intangible assets, goodwill d
Page 29 and 30: TCHF ASSETS FINANCIAL INFORMATION R
Page 31 and 32: 1: Accounting principles GENERAL IN
Page 33 and 34: RETIREMENT BENEFITS Most Group comp
Page 35 and 36: 12: Inventories 31.12.2003 31.12.20
Page 37 and 38: Maturities of long-term debt: 31.12
Page 39: 25: Currency exchange rates Average
Page 43 and 44: CHF ASSETS FINANCIAL INFORMATION RE
Page 45 and 46: INVESTMENTS FINANCIAL INFORMATION R
Page 47 and 48: FINANCIAL INFORMATION REGARDING KAR
Page 49 and 50: TASKS OF THE BOARD OF DIRECTORS The
Page 51 and 52: Richard Flury 1942, Swiss citizen,
Page 53 and 54: Shareholders’ participation right
Page 55 and 56: KARDEX REMSTAR COMPANIES AND DISTRI
Page 57 and 58: The Group publishes Annual Reports

Annual Report 2003 - Kardex

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