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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
- 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 52 and 53: 50 Report Site-specific projects //
- Page 54 and 55: 52 Report Site-specific projects //
- Page 56 and 57: 54 Report Site-specific projects //
- Page 59: PRODUCTS TRADE FAIRS Technological
- Page 62 and 63: 60 Report ProduCts // Rail vehicle
- Page 64 and 65: 62 Report ProduCts // Rail vehicle
- Page 66 and 67: 64 Report ProduCts // Rail vehicle
- Page 68 and 69: 66 Report ProduCts // Commercial ve
- Page 70 and 71: 68 Report ProduCts // Commercial ve
- Page 72 and 73: 70 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 90 and 91: 88 Report Service // Rail vehicle s
- Page 92 and 93: 90 Report Service // Rail vehicle s
- Page 94 and 95: 92 Report Service // Commercial veh
- Page 96 and 97: 94 Report Service // Commercial veh
- Page 98 and 99: 96 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
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- 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-
- Page 135 and 136: 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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Notes to the Consolidated Financial
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Notes to the Consolidated Financial
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Notes to the Consolidated Financial
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Notes to the Consolidated Financial
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Notes to the Consolidated Financial
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Notes to the Consolidated Financial
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Notes to the Consolidated Financial
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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