PDF, 3.2 MB - Pfleiderer AG

Personnel
As of December 31, 2004, the Pfleiderer Group employed 4,431 people including officers (2003:
5,614). Of these, 1,519 were employed outside Germany. Due to the disposal of both its Business
Units Poles & Towers USA and Europe, as well as the Business Unit water systems,1,177 employees
no longer counted as belonging to the Group as of December 31, 2004. However, the acquisition
of the Nidda plant by the Business Segment Engineered Wood increased the number of employees
by 161.
Pfleiderer is currently providing instruction in 18 commercial and technical occupations at 8 sites
where it offers training. As of December 31, 2004, the Pfleiderer Group employed 155 trainees,
70 of which are training for junior management jobs and 85 for technical occupations.
At present, 77 employees are in pre-retirement part-time work. In 2004, 77 employees celebrated
their 25th anniversary with the Company and 16 employees their 40th anniversary.
As part of the Long Term Incentive Program run by the Pfleiderer Group, 563,016 stock options
were granted during fiscal 2004. The Stock Option Program was adopted at the Company’s
General Meeting in 2001. Further details on the Stock Option Program are given in the notes in
the Financial Statements at the end of this report.
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2004 2003
As of Dec. 31 (excluding trainees) Domestic Foreign Total Domestic Foreign Total
Continued operations:
AG/Corporate units 16 0 16 28 0 28
Service units 75 2 77 117 2 119
Engineered Wood
Infrastructure Technology
2,492 983 3,475 2,474 976 3,450
(only track systems) 327 534 861 295 495 790
Subtotal Core Operations 2,910 1,519 4,429 2,914 1,473 4,387
Discontinued operations:
Wind Energy 2 – 2 29 21 50
water systems – – – 29 0 29
Poles & Towers USA – – – – 458 458
Poles & Towers Europe – – – 678 12 690
Total 2,912 1,519 4,431 3,650 1,964 5,614