Admission to Trading of the Swedish Depository Receipts in Veoneer, Inc

Total Page:16

File Type:pdf, Size:1020Kb

Admission to Trading of the Swedish Depository Receipts in Veoneer, Inc ADMISSION TO TRADING OF THE SWEDISH DEPOSITORY RECEIPTS IN VEONEER, INC. ON NASDAQ STOCKHOLM IMPORTANT INFORMATION This prospectus (this “document”) has been prepared following a resolution of the board of directors in Autoliv, Inc. (“Autoliv”) to distribute to Autoliv’s stockholders the common stock in Veoneer, Inc. (“Veoneer”) and the application for listing of Swedish Depository Receipts (“Veoneer SDRs”) representing such common stock on Nasdaq Stockholm. References to “Veoneer,” “we,” “us,” or “the Company” refer to the combined entities, assets and liabilities that constitute the Electronics business of Autoliv, subject to certain exceptions. References to “Autoliv” refer to Autoliv and its consolidated subsidiaries, which prior to the distribution, but not after such date, includes the business and operations of Veoneer. The figures included in this document have, in certain cases, been rounded off and, consequently, the tables contained in this document do not necessarily add up. All financial amounts are in U.S. dollars (“USD”), unless indicated otherwise, and “MUSD” indicates millions of USD. The combined historical financial statements of Veoneer included in this document reflects the Company’s historical financial position, results of operations and cash flows, in conformity with U.S. generally accepted accounting principles (“U.S. GAAP”). Refer to Note 1, Basis of Presentation and Note 2, Summary of Significant Accounting Policies, to the Combined Historical Financial Statements included herein for additional information. Except as expressly stated herein, no financial information in this document has been audited or reviewed by the Company’s auditor. Financial information relating to the Company in this document that is not part of the information audited or reviewed by the Company’s auditor as outlined herein originates from the Company’s internal accounting and reporting systems. This document contains statements that are not historical facts but rather forward-looking statements, see “Special Note About Forward-Looking Statements”. This document is governed by Swedish law. The courts of Sweden have exclusive jurisdiction to settle any conflict or dispute arising out of or in connection with this document. This document has been approved and registered by the Swedish Financial Supervisory Authority (Sw. Finansinspektionen) (the “SFSA”) in accordance with Chapter 2, Sections 25 and 26 of the Swedish Financial Instruments Trading Act (1991:1980) (Sw. lagen (1991:980) om handel med finansiella instrument). Approval and registration by the SFSA do not imply that the SFSA guarantees that the information provided in this document is correct or complete. Pursuant to an exemption from the SFSA in relation to language requirements, this document has only been prepared in English. However, a Swedish summary is available, please see “Summary in Swedish/ Sammanfattning”. This document has been prepared for the purpose of Veoneer’s application of admission to trading of the SDRs representing common stock of Veoneer on Nasdaq Stockholm and does not contain any offer to subscribe for, or in any other way acquire shares or other financial instruments in Veoneer, neither in Sweden nor in any other jurisdiction. This document and documents related thereto may not be distributed to or into Canada, Australia, Japan or any other jurisdiction where such distribution would require additional prospectuses, registration or measures in addition to those required by Swedish law or otherwise would be in conflict with applicable regulations in such countries or in such jurisdictions. Recipients of this document are required to inform themselves about, and comply with, such restrictions. Any failure to comply with the restrictions described may result in violation of applicable securities regulations. Investing in Veoneer SDRs is associated with risk (see “Risk factors”). When an investor makes an investment decision, he, she or it must rely on his, her or its own analysis of Veoneer, including applicable facts and risks. Investors may only rely on the information in this document and any possible supplements to this document. No person is authorised to provide any information or make any statements other than those made in this document. Should such information or statement nevertheless be provided or be made available it should not be considered to have been approved by Veoneer, and Veoneer is not responsible for such information or statements. Neither the publication of this document nor any transaction made in respect of it shall be deemed to imply that the information in this document is accurate or applicable at any time other than the date of this document or that there have been no changes in Veoneer’s business since this date. If significant changes relating to the information contained in this document occur, such changes will be announced in accordance with the provisions on prospectus supplements under the Swedish Financial Instruments Trading Act. In connection with the distribution of the shares in Veoneer and the application for listing of those shares on the New York Stock Exchange in the U.S. (the “NYSE”), Veoneer has filed certain materials with the U.S. Securities and Exchange Commission (the “SEC”), including, among other materials, a Registration Statement on Form 10 first submitted on April 26, 2018 (as amended on May 21 and on June 4, 2018, the “Registration Statement”). The Registration Statement is prepared and filed with the SEC due to U.S. requirements and Swedish investors and Autoliv SDR holders are urged to read this document that is approved by the SFSA and any supplement thereto. This document is not intended to be, and is not, a substitute for such documents filed with the SEC or for any other document that Veoneer may file with the SEC or any other competent authority in connection with the distribution of the shares in Veoneer and the listing of those shares on NYSE. Such documents are or upon publication will be available free of charge through the EDGAR filing system on the website maintained by the SEC, www..sec.gov. Any materials filed by Veoneer with the SFSA, the SEC or any other competent authority that are required to be mailed to stockholders of Veoneer or Autoliv will be mailed to such stockholders. A copy of this document will be available free of charge at the SFSA’s website, www..fi.se, and on Veoneer’s website, www..veoneer.com. TABLE OF CONTENTS SUMMARY IN SWEDISH/ SAMMANFATTNING ........................................... W-2 SUMMARY ............................................................................ W-20 RISK FACTORS ....................................................................... W-37 REGISTRATION STATEMENT .......................................................... W-61 SUMMARY ........................................................................ 1 RISK FACTORS .................................................................... 22 SPECIAL NOTE ABOUT FORWARD-LOOKING STATEMENTS ........................... 23 THE SPIN-OFF ..................................................................... 24 TRADING MARKET ................................................................ 30 CAPITALIZATION .................................................................. 32 SELECTED HISTORICAL COMBINED FINANCIAL DATA ............................... 33 UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL STATEMENTS .......... 34 BUSINESS ......................................................................... 35 PROPERTIES ....................................................................... 61 MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS ........................................................ 64 MANAGEMENT .................................................................... 94 EXECUTIVE AND DIRECTOR COMPENSATION DISCUSSION AND ANALYSIS ............ 103 CERTAIN RELATIONSHIPS AND RELATED PERSONS TRANSACTIONS .................. 136 SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT ....... 142 DESCRIPTION OF CAPITAL STOCK .................................................. 145 SWEDISH DEPOSITORY RECEIPTS ................................................... 151 MATERIAL U.S. FEDERAL INCOME TAX CONSEQUENCES ............................. 156 MATERIAL SWEDISH INCOME TAX CONSEQUENCES ................................. 161 CERTAIN INFORMATION REQUIRED BY SWEDISH LAW ............................... 165 WHERE YOU CAN FIND MORE INFORMATION ........................................ 167 INDEX TO FINANCIAL STATEMENTS ................................................ F-1 ADDITIONAL INFORMATION .......................................................... A-1 Responsibility Statement .............................................................. A-1 Board of Directors ................................................................... A-1 Corporate Governance ................................................................ A-1 Financial Targets .................................................................... A-2 Significant changes since March 31, 2018 ................................................. A-2 Documents available for inspection ...................................................... A-3 Certificate of Incorporation and Bylaws .................................................. A-3 General Terms and Conditions for Veoneer SDRs .......................................... A-17 ADDRESSES ..........................................................................
Recommended publications
  • U.S. Corporate Scores 2018
    01 DISCLOSURE INSIGHT ACTION U.S. CORPORATE SCORES 2018 02 CORPORATE DISCLOSURE TO INVESTORS IN NORTH AMERICA 124 9 28 510 63 192 CONTENTS 03 04 CDP scoring methodology 2018 06 The A-List: North America 08 Corporate scores 34 Appendix I: CDP Activity classification system (cdp-acs) 40 Appendix II: Investor Members and Signatories 46 Appendix III: CDP Supply Chain Members Important Notice The contents of this report may be used by anyone providing acknowledgment is given to CDP. This does not represent a license to repackage or resell any of the data reported to CDP or the contributing authors and presented in this report. If you intend to repackage or resell any of the contents of this report, you need to obtain express permission from CDP before doing so. CDP has prepared the data and analysis in this report based on responses to the CDP 2018 information request. No representation or warranty (express or implied) is given by CDP as to the accuracy or completeness of the information and opinions contained in this report. You should not act upon the information contained in this publication without obtaining specific professional advice. To the extent permitted by law, CDP does not accept or assume any liability, responsibility or duty of care for any consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this report or for any decision based on it. All information and views expressed herein by CDP are based on their judgment at the time of this report and are subject to change without notice due to economic, political, industry and firm-specific factors.
    [Show full text]
  • Fund Semi-Annual Report
    Semiannual Report June 30, 2019 (Unaudited) NVIT S&P 500 Index Fund Contents Message to Investors 1 Fund Overview 3 Financial Statements 13 Notes to Financial Statements 19 Supplemental Information 33 Management Information 36 Market Index Definitions 41 SAR-SPX 8/19 Nationwide Funds® Commentary in this report is provided by the portfolio manager(s) of each Fund as of the date of this report and is subject to change at any time based on market or other conditions. Third-party information has been obtained from sources that Nationwide Fund Advisors (NFA), the investment adviser to the Funds, deems reliable. Portfolio composition is accurate as of the date of this report and is subject to change at any time and without notice. NFA, one of its affiliated advisers or its employees may hold a position in the securities named in this report. This report and the holdings provided are for informational purposes only and are not intended to be relied on as investment advice. Investors should work with their financial professional to discuss their specific situation. Statement Regarding Availability of Quarterly Portfolio Holdings The Trust files complete schedules of portfolio holdings for each Fund with the Securities and Exchange Commission (SEC) for the first and third quarters of each fiscal year on Form N-PORT. Additionally, the Trust files a schedule of portfolio holdings monthly for the NVIT Government Money Market Fund on Form N-MFP. Forms N-PORT and Forms N-MFP are available on the SEC’s website at sec.gov. Forms N-PORT and Forms N-MFP may be reviewed and copied at the SEC’s Public Reference Room in Washington, DC, and information on the operation of the Public Reference Room may be obtained by calling 800-SEC-0330.
    [Show full text]
  • TEREX CORPORATION (Exact Name of Registrant As Specified in Its Charter)
    UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-K (Mark One) x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2018 or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 1-10702 TEREX CORPORATION (Exact name of registrant as specified in its charter) Delaware 34-1531521 (State of Incorporation) (IRS Employer Identification No.) 200 Nyala Farm Road, Westport, Connecticut 06880 (Address of principal executive offices) (Zip Code) Registrant’s telephone number, including area code: (203) 222-7170 Securities registered pursuant to Section 12(b) of the Act: COMMON STOCK, $.01 PAR VALUE (Title of Class) NEW YORK STOCK EXCHANGE (Name of Exchange on which Registered) Securities registered pursuant to Section 12(g) of the Act: NONE Indicate by check mark if the Registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. YES x NO o Indicate by check mark if the Registrant is not required to file reports pursuant to Section 13 or 15(d) of the Securities Act. YES o NO x Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports) and (2) has been subject to such filing requirements for the past 90 days.
    [Show full text]
  • Joseph Arena
    The Little Car that Did Nothing Right: the 1972 Lordstown Assembly Strike, the Chevrolet Vega, and the Unraveling of Growth Economics Thesis Presented in Partial Fulfillment of the Requirements for the Degree Master of Arts in the Graduate School of the Ohio State University By By Joseph A. Arena, B.A. History, Graduate Program The Ohio State University 2009 Thesis Committee Kevin Boyle, Advisor Paula Baker Mansel Blackford Copyright by Joseph A. Arena 2009 Abstract In March 1972, the United Automobile Workers (UAW) struck for eighteen days at the General Motors (GM) assembly complex in Lordstown, Ohio. Previous historical studies have focused on the origins of labor-management conflict at the factory. Drawing upon documents from the UAW’s archives, the business press, and automotive industry trade publications, this thesis contextualizes the strike by linking shop floor conditions with GM’s business strategy, the Nixon administration’s economic policy, and working class life in the Mahoning Valley. The UAW and GM saw the Chevrolet Vega, manufactured at Lordstown, as the domestic industry’s best response to import competition. But bureaucratic imperatives, especially within GM’s management structure, encouraged a series of confrontations between the company and union that culminated in the strike and undermined the Vega’s viability. The thesis expands our understanding of an iconic moment in American labor history and illuminates the ongoing problems confronting the U.S. automobile industry. ii Dedicated to My Mother and Father iii Acknowledgements No historian works alone. The staffs of the Ohio State University Libraries and the State of Ohio Historical Society assisted in procuring materials.
    [Show full text]
  • COMPANY COMPANY2 STREET CITY STATE ZIP Cloverdale
    COMPANY COMPANY2 STREET CITY STATE ZIP Cloverdale Healthcare Inc Cloverdale Manor 412 W Cloverdale Rd Scottsboro AL 35768 Lozier Corporation 401 TAYLOR STREET SCOTTSBORO AL 35768 Lowes Home Centers Inc 481 130 Cox Creek Pkwy S Florence AL 35630 Wenzel Metal Spinning Inc Scottsboro Industrial Par Scottsboro AL 35768 Ajax Tocco Magnethermic Corp Tim Stracener 1506 Industrial Blvd Boaz AL 35957 Lowes Home Centers Inc 606 2671 Ross Clark Cir Dothan AL 36301 Monarch Steel of Alabama Inc 1425 Red Hat Rd Decatur AL 35601 Lowes Home Centers Inc 1726 5291 Highway 280 Birmingham AL 35242 Dothan-Hostn Cty Mntl Retardation Bd. Inc. Vaughn Blumberg Center 2715 Flynn Rd Dothan AL 36303 Meridian Rail Acquisition Greenbrier Rail Services 1200 Corporate Dr Ste 450 Birmingham AL 35242 J L S International Inc 24063 County Road 71 Robertsdale AL 36567 Proshot Concrete Inc 4158 Musgrove Dr Florence AL 35630 Lowes Home Centers Inc 313 1717 Cherokee Ave SW Cullman AL 35055 Utility Trailer Mfg Co HWY 84 & 84 BYP ENTERPRISE AL 36330 Coca-Cola Bottling Co. Consolidated Coca-Cola 4530 Starkey Dr Florence AL 35630 Rainsville Technology Inc Jeremy Lasseter 189 RTI DRIVE Rainsville AL 35986 E & H Steel Corporation 3635 E Hywy 134 Midland City AL 36350 Crowne Investments Inc Parkwood Healthcare Facility 3301 Stadium Dr Phenix City AL 36867 Terex Utilities 4120 Lewisburg Rd Birmingham AL 35207 Ggnsc Winfield LLC 144 County Hghway 14 Winfield AL 35594 Pemco Corporation 100 Pemco Dr Leesburg AL 35983 Hart & Cooley Inc 4910 Moores Mill Rd Huntsville AL 35811 National Healthcare
    [Show full text]
  • TEREX CORPORATION (Exact Name of Registrant As Specified in Its Charter)
    UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2019 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 1-10702 TEREX CORPORATION (Exact name of registrant as specified in its charter) Delaware 34-1531521 (State of Incorporation) (IRS Employer Identification No.) 200 Nyala Farm Road, Westport, Connecticut 06880 (Address of principal executive offices) (Zip Code) Registrant’s telephone number, including area code: (203) 222-7170 _______________________________________________________________ Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered COMMON STOCK, $.01 PAR VALUE TEX New York Stock Exchange Securities registered pursuant to Section 12(g) of the Act: NONE Indicate by check mark if the Registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ☒ No ☐ Indicate by check mark if the Registrant is not required to file reports pursuant to Section 13 or 15(d) of the Securities Act. Yes ☐ No ☒ Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports) and (2) has been subject to such filing requirements for the past 90 days.
    [Show full text]
  • Companies That Used Asbestos
    Companies that Used Asbestos All these companies have used asbestos in their products and are responsible for causing mesothelioma. If you do not know how you got mesothelioma, we will use this list to help us find out. If you see any companies on this list that you worked for, or used their products on the job or at home, please make note of it. Asbestos Compensation Trust These companies declared bankruptcy and were required to set up funds to pay people who got mesothelioma from their products. Many of these companies are still in business. Their asbestos compensation trusts are there for the sole purpose of compensating people like you. A • Harbison-Walker Entities • A&I Corporation • Hercules Chemical Company, Inc. • ABB Lummus Global, Inc. • H.K. Porter Company, Inc. • A-Best Products Company I • A.P. Green Industries (“APG”) • Johns-Manville • Armstrong World Industries, Inc. • J.T. Thorpe Company • ARTRA Group, Incorporated • J.T. Thorpe, Inc. • ASARCO, LLC K B • Kaiser Aluminum & Chemical Corporation • Babcock & Wilcox Company • Keene Corporation • Brauer Supply Company • Kellogg, Brown & Root • Burns and Roe • Kentile Floors C L • CAPCO Pipe Company, Inc. • Leslie Controls, Inc. • Carey Canada, Inc. M • Celotex Corporation • MacArthur Company • C.E. Thurston & Sons, Inc. • Metex Manufacturing Corporation • Christy Refractories Company • Motors Liquidation Company • Combustion Engineering, Inc. N • Congoleum Plan Trust • National Gypsum Company E • North American Refractories Company • Eagle-Picher Industries, Inc. (“NARCO”) F O • Federal-Mogul Corporation • Owens Corning • Federal-Mogul Products, Inc. P • Felt Products Manufacturing, Co. • Plant Insulation Company • Ferodo America, Inc. • Plibrico Entities • Fibreboard Corporation • Porter Hayden Company • Flexitallic Gasket Company Q • Flintkote Company • Quigley Company, Inc.
    [Show full text]
  • Eligible Company List - Updated 2/1/2018
    Eligible Company List - Updated 2/1/2018 S10009 3 Dimensional Services Rochester Hills, MI Supplier Employees Only S65830 3BL Media LLC North Hampton, MA Supplier Employees Only S69510 3D Systems Rock Hill, SC Supplier Employees Only S65364 3IS Inc Novi, MI Supplier Employees Only S70521 3R Manufacturing Company Goodell, MI Supplier Employees Only S61313 7th Sense LP Bingham Farms, MI Supplier Employees Only D18911 84 Lumber Company Eighty Four, PA DCC Employees Only S42897 A & S Industrial Coating Co Inc Warren, MI Supplier Employees Only S73205 A and D Technology Inc Ann Arbor, MI Supplier Employees Only S57425 A G Manufacturing Harbour Beach, MI Supplier Employees Only S01250 A G Simpson (USA) Inc Sterling Heights, MI Supplier Employees Only F02130 A G Wassenaar Denver, CO Fleet Employees Only S80904 A J Rose Manufacturing Avon, OH Supplier Employees Only S19787 A OK Precision Prototype Inc Warren, MI Supplier Employees Only S62637 A Raymond Tinnerman Automotive Inc Rochester Hills, MI Supplier Employees Only S82162 A Schulman Inc Fairlawn, OH Supplier Employees Only S78336 A T Kearney Inc Chicago, IL Supplier Employees Only D80005 A&E Television Networks New York, NY DCC Employees Only S64720 A.P. Plasman Inc. Fort Payne, AL Supplier Employees Only S36205 AAA National Office (Only EMPLOYEES Eligible) Heathrow, FL Supplier Employees Only S31320 AAF McQuay Inc Louisville, KY Supplier Employees Only S14541 Aarell Process Controls Group Troy, MI Supplier Employees Only F05894 ABB Inc Cary, NC Fleet Employees Only S10035 Abbott Ball Co
    [Show full text]
  • Focus. Simplify. Execute to Win
    TEREX CORPORATION TEREX | 2016 ANNUAL | 2016 REPORT Focus. Simplify. Execute To Win. 2016 ANNUAL REPORT The Terex Way—The Value and Beliefs That Guide Our Actions and Behaviors INTEGRITY Integrity reflects honesty, ethics, transparency and accountability. We are committed to maintaining high ethical standards in all of our business dealings. RESPECT Respect incorporates concern for safety, health, teamwork, diversity, inclusion and performance. We treat all our team members, customers and suppliers with respect and dignity. IMPROVEMENT Improvement encompasses quality, problem-solving systems, a continuous improvement culture and collaboration. We continuously search for new and better ways of doing things, focusing on continuous improvement and the elimination of waste. SERVANT LEADERSHIP Servant leadership requires service to others, humility, authenticity and leading by example. We work to serve the needs of our customers, investors and team members. COURAGE Courage entails willingness to take risks, responsibility, action and empowerment. We have the courage to make a difference even when it is difficult. CITIZENSHIP Citizenship means social responsibility and environmental stewardship. We comply with all laws and we respect all peoples’ values and cultures and are good global, national and local citizens. FOCUS THE PORTFOLIO Taking Action: FOCUS • Completed sale of Material Handling & Port Solutions segment • Completed sale of German Compact Construction business SIMPLIFY THE COMPANY Taking Action: STRATEGY SIMPLIFY • Reduced segments from five to three • Executing footprint rationalization • Reducing administrative cost structure EXECUTE TO WIN EXECUTE Strengthen Core Management Processes: • Strategy development TO WIN • Talent management • Operational execution • Drive greater accountability and process discipline 1 “ We are transforming Terex by executing a strategy based on three cross-cutting themes: Focus, Simplify and Execute To Win.” John L.
    [Show full text]
  • ALLISON TRANSMISSION HOLDINGS, INC. (Exact Name of Registrant As Specified in Its Charter)
    Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2012 OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File No. 001-35456 ALLISON TRANSMISSION HOLDINGS, INC. (Exact Name of Registrant as Specified in Its Charter) Delaware 26-0414014 (State of Incorporation) (I.R.S. Employer Identification Number) One Allison Way Indianapolis, IN 46222 (Address of Principal Executive Offices and Zip Code) (317) 242-5000 (Registrant’s Telephone Number, Including Area Code) Securities registered pursuant to Section 12(b) of the Act: Title of each class Name of each exchange on which registered Common Stock, $0.01 par value New York Stock Exchange Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ¨ No x Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes ¨ No x Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
    [Show full text]
  • Konecranes Annual Report 2016 GROWTH
    Konecranes Annual Report 2016 GROWTH As the result of our acquisition of Terex’s Material Handling & Port Solutions segment, Konecranes will achieve substantial growth opportunities in the service business as well as critical scale for further technological development. Our recent investments in business The moment has arrived to infrastructure and global footprint consolidate Konecranes’ key optimization will also provide strengths, clarify where the significant earnings leverage. CONTENTS FINANCIAL STATEMENTS 2016 greatest potential lies, and 2 Konecranes in a snapshot 60 Report of the Board of Directors assert a new stage on which 4 2016 highlights 71 Consolidated statement of income – IFRS to build progress. 6 CEO's letter 72 Consolidated balance sheet – IFRS ENVIRONMENT 8 Company narrative 74 Consolidated statement of changes in equity – IFRS Konecranes and MHPS Consolidated cash flow statement – IFRS A foundation for the future. There can be no solid future unless 9 75 10 Business environment 76 Notes to the consolidated financial statements we take care of our people and 12 Business Area Service 115 Konecranes Group 2012–2016 The company has been poised the environment. Recent employee 15 Business Area Equipment 116 Calculation of key figures for change for some time, a satisfaction and company culture 18 Regional fact & figures 117 Company list situation which has bred both surveys have been highly positive, 19 Research & Development 120 Parent company statement of income – FAS agility and the capacity to with development points now mapped 22 Core of Lifting 121 Parent company cash flow – FAS work under pressure. Change out. We have also set targets for ISO 24 Product overview 122 Parent company balance sheet – FAS always brings opportunities, implementation and energy efficiency, 27 Corporate responsibility 124 Notes to the parent company’s financial statements but can also represent developed Environmental Product 36 GRI content index 127 Board of Directors’ proposal to the Annual General Meeting uncertainty.
    [Show full text]
  • 2018-Proxy-Statement.Pdf
    Letter to our Shareholders March 28, 2018 Dear Arconic Shareholders: You are cordially invited to attend the 2018 Annual Meeting of Shareholders of Arconic Inc. to be held on Wednesday, May 16, 2018, at 9:00 a.m. Eastern Time, at Lotte New York Palace Hotel, 455 Madison Avenue, New York, NY 10022. We are pleased to present you with our 2018 Proxy Statement, which represents our continual commitment to transparency, good governance and performance-based executive compensation, and reflects the input we have received during dialogue with our investors. At the 2018 Annual Meeting, shareholders will vote on the matters set forth in the 2018 Proxy Statement and the accompanying notice of the annual meeting. Highlights of the detailed information included in the proxy statement can be found in the “Proxy Summary” starting on page 1. Your vote is very important. Whether or not you will attend the meeting, we hope that your shares are represented and voted. In advance of the meeting on Wednesday, May 16, 2018, please cast your vote through the Internet, by telephone or by mail. Instructions on how to vote are found in the section entitled “Proxy Summary—How to Cast Your Vote” on page 1. Thank you for being a shareholder of Arconic. We look forward to seeing you at the meeting. Sincerely, John C. Plant Charles “Chip” Blankenship Chairman of the Board Chief Executive Officer Notice of 2018 Annual Meeting of Shareholders Wednesday, May 16, 2018 Lotte New York Palace Hotel 9:00 a.m. Eastern Time 455 Madison Avenue New York, NY 10022 The Annual Meeting of Shareholders of Arconic Inc.
    [Show full text]