2010Annual Report - Schneider Electric CZ, s.r.o.

More documents

Recommendations

Info

3 CORPORATE GOVERNANCE APPLICATION OF THE AFEP-MEDEF CORPORATE GOVERNANCE GUIDELINES 138 > 11. Application of the AFEP-MEDEF corporate governance guidelines** Schneider Electric applies the AFEP-MEDEF corporate governance guidelines with the following exceptions: Recommendation Schneider Electric practice Deadline for Audit Committee review of the fi nancial statements The Audit Committee should review the fi nancial statements at least two days before they are reviewed by the Board. Compensation and benefi ts paid to corporate offi cers Fixed salary should be revised only after a relatively long period, such as three years. Top-hat pension plan The increase in potential rights should correspond to a limited percentage of the benefi ciary’s compensation. 2010 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC At Schneider Electric, the Audit Committee which reviews the Financial Statements meets after the Management Board meeting that approves the Financial Statements and the day before the Board Director’s meeting. However, the Committee members receive a meeting fi le with the draft Financial Statements four to fi ve days before the meeting. The Management Board members’ fi xed salary is revised each year. When Jean-Pascal Tricoire became President and CEO, his compensation was not (and still is not) aligned with that of CEOs of comparable companies. The Board decided to reduce the gap gradually through annual salary revisions after reviewing Mr Tricoire’s performance. Under the Top-hat Pension Plan for the Group’s Senior Manangement and machine manufacturers (see page 122), most rights are acquired at the outset. However, the plan complies with the recommendation’s intention, given that: • the rights are capped at 25% of average compensation; • the current members still have many years of service to perform before they can benefi t from the plan.
4 Business review 1. Trends in Schneider Electric’s core markets 140 2. Review of the consolidated financial statements 142 3. Review of the parent company financial statements 146 4. Review of subsidiaries 147 5. Outlook 147 2010 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC 139
Page 1 and 2:
2010 Annual Report Schneider Electr
Page 3 and 4:
Registration Document Annual Report
Page 5 and 6:
A signifi cant improvement in profi
Page 7 and 8:
Interview with 2010 marks the retur
Page 9 and 10:
Supervisory Board (as of February 1
Page 11 and 12:
Sales by geographical area 18% Rest
Page 13 and 14:
2010 in brief Growth and acquisitio
Page 15 and 16:
On October 1, 2010 IBM and Schneide
Page 17 and 18:
1 Description of the Group, and its
Page 19 and 20:
1. 3 The emergence of new economies
Page 21 and 22:
DESCRIPTION OF THE GROUP, AND ITS S
Page 23 and 24:
Utilities and Infrastructures: ensu
Page 25 and 26:
2. 3 Leadership in our five sectors
Page 27 and 28:
The Buildings business Number 4 wor
Page 29 and 30:
Panel builders and systems integrat
Page 31 and 32:
3. Innovation and R&D: DESCRIPTION
Page 33 and 34:
3. 4 Partnerships to accelerate pro
Page 35 and 36:
DESCRIPTION OF THE GROUP, AND ITS S
Page 37 and 38:
Rationalisation and optimisation of
Page 39 and 40:
4. 4 Global, selective purchasing P
Page 41 and 42:
The Group’s human resources strat
Page 43 and 44:
on our increased costs to customers
Page 45 and 46:
Insurance Schneider Electric’s st
Page 47 and 48:
2 Sustainable development 1. Sustai
Page 50 and 51:
2 SUSTAINABLE DEVELOPMENT SUSTAINAB
Page 52 and 53:
2 SUSTAINABLE DEVELOPMENT 50 > Zoom
Page 54 and 55:
2 SUSTAINABLE DEVELOPMENT SUSTAINAB
Page 56 and 57:
2 SUSTAINABLE DEVELOPMENT RESPECT F
Page 58 and 59:
Page 60 and 61:
Page 62 and 63:
Page 64 and 65:
2 SUSTAINABLE DEVELOPMENT SCHNEIDER
Page 66 and 67:
Page 68 and 69:
Page 70 and 71:
Page 72 and 73:
Page 74 and 75:
2 SUSTAINABLE DEVELOPMENT COMMITTED
Page 76 and 77:
Page 78 and 79:
Page 80 and 81:
Page 82 and 83:
Page 84 and 85:
Page 86 and 87:
Page 88 and 89:
Page 90 and 91: 2 SUSTAINABLE DEVELOPMENT METHODOLO
Page 100 and 101: SUSTAINABLE DEVELOPMENT 2 INDICATOR
Page 108 and 109: 3 CORPORATE GOVERNANCE SUPERVISORY
Page 116 and 117: 3 CORPORATE GOVERNANCE ORGANISATION
Page 122 and 123: 3 CORPORATE GOVERNANCE ORGANISATION
Page 124 and 125: 3 CORPORATE GOVERNANCE MANAGEMENT I
Page 132 and 133: 3 CORPORATE GOVERNANCE INTERNAL CON
Page 142 and 143: 4 BUSINESS REVIEW TRENDS IN SCHNEID
Page 144 and 145: 4 BUSINESS REVIEW REVIEW OF THE CON
Page 146 and 147: 4 BUSINESS REVIEW REVIEW OF THE CON
Page 148 and 149: 4 BUSINESS REVIEW REVIEW OF THE PAR
Page 150 and 151: 4 BUSINESS REVIEW 148 2010 REGISTRA
Page 152 and 153: 5 CONSOLIDATED FINANCIAL STATEMENTS
Page 190 and 191:
5 CONSOLIDATED FINANCIAL STATEMENTS
Page 192 and 193:
Page 194 and 195:
Page 196 and 197:
Page 198 and 199:
Page 200 and 201:
Page 202 and 203:
Page 204 and 205:
Page 206 and 207:
Page 208 and 209:
Page 210 and 211:
Page 212 and 213:
Page 214 and 215:
Page 216 and 217:
Page 218 and 219:
Page 220 and 221:
Page 222 and 223:
Page 224 and 225:
Page 226 and 227:
6 COMPANY FINANCIAL STATEMENTS BALA
Page 228 and 229:
6 COMPANY FINANCIAL STATEMENTS STAT
Page 230 and 231:
6 COMPANY FINANCIAL STATEMENTS NOTE
Page 232 and 233:
Page 234 and 235:
Page 236 and 237:
Page 238 and 239:
Page 240 and 241:
6 COMPANY FINANCIAL STATEMENTS STAT
Page 242 and 243:
6 COMPANY FINANCIAL STATEMENTS SUBS
Page 244 and 245:
6 COMPANY FINANCIAL STATEMENTS THE
Page 246 and 247:
7 GENERAL PRESENTATION OF SCHNEIDER
Page 248 and 249:
Page 250 and 251:
GENERAL PRESENTATION OF SCHNEIDER E
Page 252 and 253:
GENERAL PRESENTATION OF SCHNEIDER E
Page 254 and 255:
Page 256 and 257:
Page 258 and 259:
Page 260 and 261:
Page 262 and 263:
Page 264 and 265:
8 ANNUAL AND EXTRAORDINARY SHAREHOL
Page 266 and 267:
Page 268 and 269:
Page 270 and 271:
Page 272 and 273:
Page 274 and 275:
Page 276 and 277:
Page 278 and 279:
ANNUAL AND EXTRAORDINARY SHAREHOLDE
Page 280 and 281:
Page 282 and 283:
Page 284 and 285:
Page 286 and 287:
Page 288 and 289:
Page 290 and 291:
288 PERSONS RESPONSIBLE FOR THE REG
Page 292:
Schneider Electric SA Headquarters:
show all

2010Annual Report - Schneider Electric CZ, s.r.o.

Create successful ePaper yourself

Delete template?

Save as template?