Consolidated Financial Statements - L. Possehl & Co. mbH

With sales of approximately € 350 million and 2,100 employees, Hako is one of the worldwide leading
manufacturers of machines for indoor and outdoor cleaning, as well as for property maintenance.
The company provides high-quality, economically effi cient solutions for the professional cleaning and
preservation of indoor and outdoor surfaces. The strengths of this company, which was previously
family-owned for over 50 years, lie in its custom-made, innovative quality products and its closemeshed
sales and service network.
With the disposal of our shares in Süd-Chemie AG carried out in early 2006, we took advantage of
the opportunity to further improve our fi nancial strength. The fi nancial resources from the sale of
our minority interest in Süd-Chemie expand our scope for the additional purchase of other business
divisions.
By means of the acquisition of A. Monforts Textilmaschinen GmbH & Co. KG in Mönchengladbach on
April 1, 2006, we reaffi rm our growth objectives for the current fi scal year as well. The Monforts
Textilmaschinen Group, with its 375 employees, last achieved sales of approximately € 110 million
and is a world market and technology leader in textile fi nishing systems in the high-quality segment.
The tradition-rich family undertaking, founded in 1884, manufactures textile machines and systems
for the processing and coating of woven and knitted goods and is the most important manufacturer,
offering virtually a complete vertical range of manufacture in the fi eld of textile fi nishing. This
Mönchengladbach-based company is internationally represented through its production locations in
Austria (Wolkersdorf – St. Stephan), Switzerland (Oberaach) and via a joint venture in China (Hong
Kong, Shenzhen). Its percentage of exports is over 90 %. With respect to worldwide sales, the company
is focusing on the growth markets of Asia.
In 2006, the Possehl Group will grow in size, with sales of over € 1.2 billion and more than
6,700 employees. It will thereby further increase its strength and robustness. We will use this strong
foundation to increase our corporate value on a sustained basis.
Our strategic orientation envisions Possehl as a suitable successor owner or new owner of
medium-sized companies. When competing with private equity investors, we successfully set
ourselves apart by offering family businesses a long-term, solidly laid-out and secure view toward
the future following acquisition. To further strengthen the Possehl Group, we will continue with our
policy of growth in 2006. In order to accomplish this, we will continue to seek out company owners
who wish to transfer their enterprises over to safe and responsible hands.
Yours sincerely,
Uwe Lüders Dr Egon Rudolph
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