2010 Annual Report - S&B

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Raw materialsshipped to our plantat Neuss harbour
contents4 Our Purpose8 Financial Highlights10 S&B at a Glance12 Global Presence17 Management Report20 Market-to-mine22 Product Divisions24 From nature……to everyday living26 Bauxite28 Bentonite30 ContinuousCasting Fluxes32 Minerals Trading34 Perlite38 CorporateSocial Responsibility40 Corporate Governance49 Remuneration50 Shareholder’sNotebook52 Glossary53 IFRS FinancialStatementsAnnual Report 20103
Page 1: RecapturingvalueAnnual Report 2010
Page 6: Our PurposeWe provide innovative in
Page 9 and 10: Recapturing valueFor our Group, 201
Page 11 and 12: 2010 2009 2008 2007SUMMARY P&L (€
Page 13 and 14: Sampling inthe Formsandlaboratory i
Page 15 and 16: 26mines46plants & processingunits26
Page 19 and 20: Management ReportSalesin € millio
Page 21 and 22: CEO successionEfthimios O. VidalisK
Page 23 and 24: Standard procedure ofraw material e
Page 25 and 26: Casting fluxes areexposed to severa
Page 27 and 28: ...to everyday livingCivil Engineer
Page 29 and 30: 2010 Bauxite Salesby SegmentAlumina
Page 31 and 32: 2010 Bentonite Salesby Segment2010
Page 33 and 34: 2010 Continuous Casting Fluxes Sale
Page 35 and 36: 2010 Minerals Trading Salesby Segme
Page 37 and 38: 2010 Perlite Salesby Segment2010 Pe
Page 39 and 40: Sustaining Values2010 has been a ye
Page 41 and 42: 2010 at a GlancePeopleHealth & Safe
Page 43 and 44: The Board of Directors acts as the
Page 45 and 46: S.A., Vice Chairman of the CapitalM
Page 47 and 48: Human Resources CommitteeIt consist
Page 49: Raw Materials riskS&B generally pos
Page 52 and 53: S&B is committed to creatingsustain
Page 54 and 55:
GlossaryAluminous cements Cements c
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54 S&B Industrial Minerals S.A.
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56 S&B Industrial Minerals S.A.This
Page 60 and 61:
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The Continuous Casting Fluxes (CCF)
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Management does not anticipate that
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Statement on Corporate Governance,
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Specific information, in accordance
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S&B Industrial Minerals S.A.CONSOLI
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S&B Industrial Minerals S.A.STATEME
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S&B Industrial Minerals S.A.SEPARAT
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ations where their local currency i
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(n) Investments and other financial
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(ii) Share Appreciation Rights (“
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sition by adjusting the relative as
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In summary, the fair values of iden
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The unaudited tax years of each Gro
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16. PROPERTY, PLANT AND EQUIPMENTPr
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Property, plant and equipment inclu
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20.INVESTMENTS IN ASSOCIATESInvestm
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22.RELATED PARTY TRANSACTIONSTransa
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Compensation of key management pers
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ury shares at an average price of
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Expense recognised in P&LThe cost o
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34.DERIVATIVE FINANCIAL INSTRUMENTS
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The table below summarizes the matu
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The following tables present sales
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110 S&B Industrial Minerals S.A.Thi
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Page 118:
This report is a publication of S&B
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2010 Annual Report - S&B

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