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Knorr-Bremse Group Annual Report 20
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Main Majority-owned Subsidiaries of
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Supervisory Board 3 Overview 04 06
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2012 at a Glance 5 January Rolf Hä
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Executive Board 7 Klaus Deller Dr.
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Supervisory Board 9 Wolfgang Hubert
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Supervisory Board 11 and the compan
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14 The State and Development of Kno
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16 Development of the Knorr-Bremse
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18 velopment network continued. Thu
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20 Overall assessment of the econom
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22 Regional developments by divisio
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24 In this market environment, the
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26 to falling exports but also to s
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28 Research and development As a te
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30 Corporate responsibility and sus
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32 implicit in the changing state o
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34 Outlook In the next two years, K
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Report Despite a volatile business
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Report 39 YOU CHOSE TO DEFINE NEW C
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Report 41 partners and customers as
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Report 43 aiming to use them as a f
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Itupeva, Brazil Westminster, USA
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48 Report Site-specific projects //
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50 Report Site-specific projects //
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52 Report Site-specific projects //
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54 Report Site-specific projects //
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PRODUCTS TRADE FAIRS Technological
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60 Report ProduCts // Rail vehicle
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62 Report ProduCts // Rail vehicle
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64 Report ProduCts // Rail vehicle
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66 Report ProduCts // Commercial ve
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68 Report ProduCts // Commercial ve
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70 Report ProduCts // Commercial ve
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Report 73 PRODUCTS TRADE FAIRS Trad
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Report 75 Dr. Dieter Wilhelm, Membe
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Report 77 Heinz Hermann Thiele, own
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- Page 83: Report 81 tive service strategies -
- Page 87 and 88: Report 85 Service Knorr Excellence
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- Page 91 and 92: Report 89 the Sirio platform of Ita
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- Page 97 and 98: Report 95 Bendix expands remanufact
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- Page 102 and 103: 100 Report Knorr Excellence A progr
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- Page 106 and 107: 104 Report External ratings
- Page 109: MARKET SUCCESSES Passion “We are
- Page 112 and 113: 110 Report Market successes // Rail
- Page 114 and 115: 112 Report Market successes // Rail
- Page 116 and 117: 114 Report Market successes // Rail
- Page 118 and 119: 116 Report Market successes // Rail
- Page 120 and 121: 118 Report Market successes // Rail
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- Page 124 and 125: 122 Report Market successes // Comm
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- Page 135 and 136: Report 133 Corporate Responsibility
- Page 137 and 138: Report 135 ities. To boost Group-wi
- Page 139 and 140: Report 137 Environmental and climat
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- Page 144 and 145: 142 Report Employees Employment sit
- Page 146 and 147: 144 Report Employees supervisor, de
- Page 148 and 149: 146 Report Employees
- Page 151 and 152: Notes to the Consolidated Financial
- Page 153 and 154: Notes to the Consolidated Financial
- Page 155 and 156: Notes to the Consolidated Financial
- Page 157 and 158: Notes to the Consolidated Financial
- Page 159 and 160: Notes to the Consolidated Financial
- Page 161 and 162: Notes to the Consolidated Financial
- Page 163 and 164: Notes to the Consolidated Financial
- Page 165 and 166: Notes to the Consolidated Financial
- Page 167 and 168: Notes to the Consolidated Financial
- Page 169 and 170: CONSOLIDATED CASH FLOW STATEMENT 16
- Page 171 and 172: SEGMENT REPORT 169 Fiscal Year 2012
- Page 173 and 174: INDEPENDENT AUDITOR’S REPORT 171
- Page 175 and 176: CONSOLIDATED STATEMENT OF INCOME 17