Annual Report 2012 - Knorr-Bremse AG.

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PRODUCTS TRADE FAIRS Technological Excellence “Knorr-Bremse is all about technological expertise and competence – and these can be found in all parts of the company. By carefully monitoring and analyzing market developments and social trends we are able to generate new ideas, identifying our customers’ needs in advance and generating added value in the form of innovative system solutions. Drawing on the considerable expertise of our entire workforce, we develop new, cutting-edge sustainable products – or refine and improve existing ones. “ Jörg-Johannes Wach, Vice President Brake Control, Knorr-Bremse Rail Vehicle Systems, Germany
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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
Page 7 and 8: 2012 at a Glance 5 January Rolf Hä
Page 9 and 10: Executive Board 7 Klaus Deller Dr.
Page 11 and 12: Supervisory Board 9 Wolfgang Hubert
Page 13: Supervisory Board 11 and the compan
Page 16 and 17: 14 The State and Development of Kno
Page 18 and 19: 16 Development of the Knorr-Bremse
Page 20 and 21: 18 velopment network continued. Thu
Page 22 and 23: 20 Overall assessment of the econom
Page 24 and 25: 22 Regional developments by divisio
Page 26 and 27: 24 In this market environment, the
Page 28 and 29: 26 to falling exports but also to s
Page 30 and 31: 28 Research and development As a te
Page 32 and 33: 30 Corporate responsibility and sus
Page 34 and 35: 32 implicit in the changing state o
Page 36 and 37: 34 Outlook In the next two years, K
Page 39 and 40: Report Despite a volatile business
Page 41 and 42: Report 39 YOU CHOSE TO DEFINE NEW C
Page 43 and 44: Report 41 partners and customers as
Page 45: Report 43 aiming to use them as a f
Page 48 and 49: Itupeva, Brazil Westminster, USA
Page 50 and 51: 48 Report Site-specific projects //
Page 61 and 62: Report 59 PRODUCTS TRADE FAIRS Prod
Page 63 and 64: Report 61 role. The latest brake co
Page 65 and 66: Report 63 The sound capsule encasin
Page 67 and 68: Report 65 Microelettrica specialize
Page 69 and 70: Report 67 The main advantage of usi
Page 71 and 72: Report 69 Differential lock for com
Page 73: Report 71 Jochen Hahn successfully
Page 76 and 77: 74 Report Trade Fairs // Leading tr
Page 78 and 79: 76 Report Trade Fairs // Leading tr
Page 80 and 81: 78 Report Trade Fairs // Rail vehic
Page 82 and 83: 80 Report Trade Fairs // Commercial
Page 85: Service Knorr Excellence Reliabilit
Page 88 and 89: 86 Report Service // Rail vehicle s
Page 94 and 95: 92 Report Service // Commercial veh
Page 101 and 102: Report 99 Service Knorr Excellence
Page 103 and 104: Report 101 GPE - optimization of pu
Page 105 and 106: Report 103 FIT - reliability and ef
Page 107: Report 105 External ratings confirm
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Report 109 MARKET SUCCESSES Market
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Report 111 Knorr-Bremse was involve
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Report 113 The modern HVAC systems
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Report 115
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Report 117 The air supply system is
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Report 119 India Rail orders brake
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Report 121 In its Rail Vehicle Syst
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Report 123 in the trailer danger zo
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Report 125 range of driving and roa
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Report 127 Knorr-Bremse supplies pe
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Report 129 Prizes and awards Knorr-
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Report 133 Corporate Responsibility
Page 137 and 138:
Report 135 ities. To boost Group-wi
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Report 137 Environmental and climat
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Report 139
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142 Report Employees Employment sit
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144 Report Employees supervisor, de
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146 Report Employees
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Notes to the Consolidated Financial
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CONSOLIDATED CASH FLOW STATEMENT 16
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SEGMENT REPORT 169 Fiscal Year 2012
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INDEPENDENT AUDITOR’S REPORT 171
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CONSOLIDATED STATEMENT OF INCOME 17
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