Group - L. Possehl & Co. mbH

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At a Glance L. Possehl & Co. mbH is a management holding company based in Lübeck, Germany. Under our leadership, there were approximately 7,000 people employed worldwide during the reporting period, working in about 81 various companies toward the joint success of the Group. Our subsidiaries are divided into three core business segments: Production, Trading and Services. They are each extremely independent in their market operations. In 2007, the Group achieved annual sales of € 1.5 billion, with profit from ordinary operations totaling € 75 million. Key figures in e million 2003 2004 2005 2006 2007 Earnings Sales 1,016 695 809 1,452 1,522 Germany 580 221 244 570 633 International 436 474 565 882 889 Result from ordinary operations 9 22 36 74 75 Consolidated net profit 7 17 26 99 114 Dividend 3 5 5 8 8 EBIT ratio in % 2.6 3.9 5.3 6.1 5.6 Return on equity before taxes in % 10.8 13.3 20.6 35.3 27.6 Balance sheet Balance sheet total 493 442 533 718 796 Fixed assets 157 147 150 195 144 Investment in fixed assets 24 18 21 31 22 Depreciation 31 18 19 26 24 Cash and cash equivalents 10 45 57 42 180 Other current assets 321 249 324 478 467 Shareholders’ equity 174 182 202 209 273 Equity ratio in % 35.3 41.1 37.9 29.1 34.2 Financial data Net debt 103 40 35 117 – Gearing (net debt/equity) in % 59.2 22.2 17.3 56.0 0 Employees Employees-yearly average 4,373 3,659 4,267 6,958 7,012 Germany 1,815 789 1,190 2,733 2,872 International 2,558 2,870 3,077 4,225 4,140
Possehl – the Entrepreneurs’ Gr Capital for business development Paths with specific boundaries PRODUCTION Our business division Production is comprised of experienced industrial companies whose efforts are focused on the production of promising products for the future. The special characteristics of these companies include a high level of specialization as well as particular niche know-how. Our customers stem from the areas of trade, craft and the processing industry. Precious Metals Processing Heimerle + Meule GmbH, Pforzheim Electronics Possehl Electronics N.v., ’s-Hertogenbosch (Netherlands) Elastomer Processing Harburg-Freudenberger Maschinenbau GmbH, Hamburg Cleaning Machines Hako Holding GmbH & Co. KG, Bad Oldesloe Textile Finishing Systems A. Monforts Textilmaschinen GmbH & Co. KG, Mönchengladbach Special-purpose Construction Possehl Spezialbau GmbH, Wiesbaden in e million 2007 2006 Sales 1,219.0 1,175.7 EBT 64.3 71.6 Capital expenditure 21.3 29.9 Employees 6,788 6,687 TRADING Taking center stage in the Trading business division is International Trading, which is comprised of goods for both industry and the trades across the entire globe. This business segment is based on many years of experience coupled with a network that has grown and developed from within. Trading is the origin of Possehl’s business activities. International Trading Possehl Erzkontor GmbH, Lübeck L. Poss in e million 2007 2006 Sales 291.4 265.2 EBT 6.5 7.7 Capital expenditure 0.5 1.1 Employees 127 170
Page 1: Annual Report 2007 Successful over
Page 5 and 6: Table of Contents Letter from the E
Page 7 and 8: Uwe Lüders, Born 1952, Dipl.-Volks
Page 9 and 10: dr. Lutz Peters Letter from the Exe
Page 11 and 12: All of this is essential for the su
Page 13 and 14: The organizational structure of Pos
Page 15 and 16: Possehl initially becomes deeply in
Page 17 and 18: Possehl views each of its companies
Page 19 and 20: ovErviEW of tHE ECoNoMiC CoNditioN
Page 21 and 22: StratEGiC dirECtioN aNd MaNaGEMENt
Page 23 and 24: The increase in net sales came prim
Page 25 and 26: Cleaning Machines: Significant Grow
Page 27 and 28: BALANCE SHEET STRUCTURE Fixed asset
Page 29 and 30: Letter from the Executive Board Com
Page 31 and 32: The regular reporting is supplement
Page 33 and 34: EPort oN SUBSEqUENt EvENtS, oPPortU
Page 35 and 36: Consolidated Balance Sheet as of De
Page 37 and 38: Consolidated Cash flow Statement fr
Page 39 and 40: Cumulative 01/01/2007 Exchange rate
Page 41 and 42: Group shareholders’ equity withou
Page 43 and 44: Equity is consolidated under the eq
Page 45 and 46: The biometric data underlying the m
Page 47 and 48: As per the balance sheet date, the
Page 49 and 50: NotES to tHE CoNSoLidatEd iNCoME St
Page 51 and 52: NotES to tHE CoNSoLidatEd CaSH fLoW
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auditors’ report * We have audite
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Name Registered in Letter from the
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CONTACT AND IMPRINT L. Possehl & Co
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Group - L. Possehl & Co. mbH

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