Consolidated Financial Statements - L. Possehl & Co. mbH
Consolidated Financial Statements - L. Possehl & Co. mbH
Consolidated Financial Statements - L. Possehl & Co. mbH
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Table of <strong>Co</strong>ntents<br />
Letter from the Executive Board 2<br />
<strong>Co</strong>mpany Boards 4<br />
Letter from the Advisory <strong>Co</strong>uncil 5<br />
HEALTHY GROWTH – Profi table and Robust 7<br />
Group Management Report 12<br />
Overview 12<br />
Group structure and business activities 12<br />
General economic conditions and course of business 16<br />
Net assets, earnings and fi nancial position 16<br />
Employees 23<br />
Research and development 24<br />
Risk management 25<br />
Supplementary report and outlook 26<br />
<strong><strong>Co</strong>nsolidated</strong> <strong>Financial</strong> <strong>Statements</strong> 28<br />
Auditors’ Report 49<br />
Overview of Participations 50<br />
<strong>Co</strong>ntacts and Imprint<br />
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