Annual Report 2012 - Knorr-Bremse AG.

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Service <strong>Knorr</strong> Excellence Reliability “Safety is the basis of all our actions – and we make no compromises in this regard. Our products and services are subject to the highest safety requirements and call for excellent quality standards in all areas and processes. We honor the agreements we make and personally ensure that the needs of our customers, business partners and colleagues are fully met.” Joe McAleese, President & CEO Bendix Commercial Vehicle Systems, USA
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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
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 59: PRODUCTS TRADE FAIRS Technological
Page 62 and 63: 60 Report ProduCts // Rail vehicle
Page 68 and 69: 66 Report ProduCts // Commercial ve
Page 75 and 76: Report 73 PRODUCTS TRADE FAIRS Trad
Page 77 and 78: Report 75 Dr. Dieter Wilhelm, Membe
Page 79 and 80: Report 77 Heinz Hermann Thiele, own
Page 81 and 82: Report 79 Expo Ferroviaria 2012, Tu
Page 83: Report 81 tive service strategies -
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
Page 111 and 112: Report 109 MARKET SUCCESSES Market
Page 113 and 114: Report 111 Knorr-Bremse was involve
Page 115 and 116: Report 113 The modern HVAC systems
Page 117 and 118: Report 115
Page 119 and 120: Report 117 The air supply system is
Page 121 and 122: Report 119 India Rail orders brake
Page 123 and 124: Report 121 In its Rail Vehicle Syst
Page 125 and 126: Report 123 in the trailer danger zo
Page 127 and 128: Report 125 range of driving and roa
Page 129 and 130: Report 127 Knorr-Bremse supplies pe
Page 131: Report 129 Prizes and awards Knorr-
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Report 133 Corporate Responsibility
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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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Annual Report 2012 - Knorr-Bremse AG.

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