Knorr-Bremse Headquarters in Munich. 110 Years making mobility safer. At a Glance Annual Report 2015 KNORR-BREMSE GROUP 2011 2012 2013 2014 2015 Sales EUR mill. 4,241 4,300 4,303 5,206 5,831 Net income EUR mill. 329 295 367 560 645 Employees (as per Dec. 31)* Number 20,050 19,120 20,833 23,916 24,275 Personnel costs EUR mill. 805 861 907 1,038 1,213 Balance-sheet total EUR mill. 2,530 2,615 2,869 3,543 4,002 Equity EUR mill. 902 995 1,107 1,443 1,736 Capital expenditure ** EUR mill. 159 166 159 161 210 Depreciation ** EUR mill. 165 160 125 169 199 Incoming orders EUR mill. 4,073 3,948 4,752 5,510 5,668 Research and development expenditure EUR mill. 209 250 253 296 347 * including HR leasing. ** Not including investments in financial assets. About Knorr-Bremse The Knorr-Bremse Group is the world’s Annual ReportGeschäftsberichtAnnual | 2013 2015 leading manufacturer of braking systems for rail and commercial vehicles. For more than 110 years the company has pioneered the development, production, marketing, and servicing of state-of-the-art braking systems. Through all its products, Knorr-Bremse makes a crucial contribution to improving safety by road and rail across the globe. Every day, more than a billion people around the world put their trust in systems made by Knorr-Bremse. Knorr-Bremse Group Knorr-Bremse Headquarters in Munich. 110 Years making mobility safer. At a Glance Annual Report 2015 KNORR-BREMSE GROUP 2011 2012 2013 2014 2015 Sales EUR mill. 4,241 4,300 4,303 5,206 5,831 Net income EUR mill. 329 295 367 560 645 Employees (as per Dec. 31)* Number 20,050 19,120 20,833 23,916 24,275 Personnel costs EUR mill. 805 861 907 1,038 1,213 Balance-sheet total EUR mill. 2,530 2,615 2,869 3,543 4,002 Equity EUR mill. 902 995 1,107 1,443 1,736 Capital expenditure ** EUR mill. 159 166 159 161 210 Depreciation ** EUR mill. 165 160 125 169 199 Incoming orders EUR mill. 4,073 3,948 4,752 5,510 5,668 Research and development expenditure EUR mill. 209 250 253 296 347 * including HR leasing. ** Not including investments in financial assets. About Knorr-Bremse The Knorr-Bremse Group is the world’s Annual ReportGeschäftsberichtAnnual | 2013 2015 leading manufacturer of braking systems for rail and commercial vehicles. For more than 110 years the company has pioneered the development, production, marketing, and servicing of state-of-the-art braking systems. Through all its products, Knorr-Bremse makes a crucial contribution to improving safety by road and rail across the globe. Every day, more than a billion people around the world put their trust in systems made by Knorr-Bremse. Knorr-Bremse Group 110 YEARS OF KNORR-BREMSE MILESTONES FOR RAIL AND An Overview of 2015 COMMERCIAL VEHICLES 1981 Series production of anti-lock brakes The German-Brazilian Chamber begins. At the 9th World Congress on of Commerce and Industry and Knorr-Bremse presents its Knorr-Bremse has been 1985 High Speed Rail in Tokyo, the Association of German portfolio of climate-compatible working on the develop- The Thiele era. Knorr-Bremse demonstrates how Chambers of Commerce and products on Deutsche Bahn’s 1905 ment of anti-lock brakes Heinz Hermann Thiele has 2002 140 top managers meet up at trains can be brought safely to a Industry name Heinz Hermann special “Train to Paris,” which also Good ideas and 1945 (ABS) and traction control been with Knorr-Bremse for Acquisition of Bendix. Klaus Deller is appointed the World Meeting and set the In China the Knorr-Bremse DETC standstill from speeds of over Thiele 2015 German-Brazilian carries German Federal Minister determination prove a Troubled times. After the systems (ASR) for almost 16 years when, in The U.S.-based company Chairman of the Executive Board stage for the future by formulat- Commercial Vehicle Braking 300 km/h. The 1,000 or so Personality of the Year in of the Environment Barbara recipe for success. Second World War, the commercial vehicles since 1985, he grasps the is a leading supplier of of Knorr-Bremse AG. He had ing the Knorr-Bremse 2020 Technology Co. Ltd. joint venture participants at what is the largest recognition of his exceptional Hendricks to the 21st UN Climate Georg Knorr founds main Berlin-Lichtenberg the 1970s. But it is only opportunity to buy the air brakes, components, been a member of the Executive strategy. In the evening, a gala starts production. In Shiyan, international forum in the engagement in Brazil – both in Change Conference. Among the Knorr-Bremse in Berlin. plant in the Soviet occu- with the advent of more Company. As Chairman of and safety systems. Board since 2009, and was dinner is held to celebrate roughly 1,000 kilometers west of industry then have the chance the business sector and in social products on show is a lead- He has already spent pation zone is dismantled powerful electronics that the Board he transforms a Knorr-Bremse is able to responsible for the worldwide 110 years of Knorr-Bremse – Shanghai, 460 employees to learn more about compo- projects. Thiele has maintained ing-edge system that helps twelve years striving to and expropriated. the complex control failing enterprise into a benefit from Bendix’s activities of Knorr-Bremse 30 of them shaped by manufacture components and nents for the Japanese close relations with Brazil for drivers operate their trains in a improve air brakes for Employees manage to processes can be mapped global market leader and strong market position Commercial Vehicle Systems. Heinz Hermann Thiele. systems for commercial vehicles. Shinkansen high-speed train. over 40 years. very energy-efficient way. trains. With the invention 1922 rescue a number of design reliably and efficiently. sets sales spiraling. Since in North America, while of the K1 Knorr rapid- First patent for commercial vehicle brakes. Knorr-Bremse drawings. Knorr-Bremse In 1981 the first volume- 2007 Thiele has been Bendix can draw upon action brake he achieves is the first company in Europe to equip commercial vehicles GmbH is re-established in built ABS from Knorr- Chairman of the Supervisory the engineering JANUARY MARCH MAY JULY SEPTEMBER November his goal of braking with four-wheel air brake systems. By the end of the 1930s, 1946 in Volmarstein before Bremse enters service in Board of Knorr-Bremse AG, expertise of Knorr- passenger trains faster, some 90% of German trucks in the 7 to 16 t category are headquarters relocate to trucks built by develop- which remains wholly Bremse in its future more safely, and smoothly. equipped with Knorr-Bremse braking systems. Munich in 1953. ment partner MAN. owned by the Thiele family. development work. 1918 1931 1953 1969 1991 2015 FEBRUARY APRIL JUNE AUGUST OCTOBER DECEMBER Gradual-release freight New standard brake The KE brake – the The first commercial The age of the New Test and Develop- train brake brings a for trains. The gradual-release control vehicle disc brake. high-speed train. ment Center in Munich. Knorr-Bremse provides insights The Suzhou plant in China At an employee open day to For the tenth time in succession, Knorr-Bremse strengthens its The Supervisory Board of breakthrough. The Hildebrand-Knorr (HiK) valve for trains. At the international High-speed trains make With the completion of the into its testing activities under celebrates its tenth anniversary. celebrate the Company’s readers of trade journals from commitment to the Chinese rail Knorr-Bremse AG appoints Kunze-Knorr or KK brake brake system for freight Following intensive automobile exhibition great demands on their new Test and Development extreme conditions. The In this milestone year, Knorr- 110th anniversary, Knorr-Bremse publishers EuroTransportMedia vehicle sector by founding Dr. Peter Laier to the Executive revolutionizes freight train trains is launched and development work, the IAA in Frankfurt, braking systems. The Center in Munich the Company invites customers and Bremse invests in the extensive welcomes some 6,000 visitors to (ETM) vote Knorr-Bremse “Best another company in China. The Board with responsibility for the operation. Until then, trains obtains UIC approval. KE control valve is Knorr-Bremse presents electro-pneumatic Company’s major journalists to its own proving expansion of this Rail Vehicle its Munich site, where they can Brand” in the commercial vehicle new joint venture, Guangdong Commercial Vehicle Systems had been braked by This is followed in 1933 launched and receives the first disc brake for auxiliary brake from investment program of grounds on the Arctic Circle in Systems site with state-of-the-art learn about recently developed industry in the “Brakes” category. Knorr-Bremse Guo Tong Railway division. From January 1, 2016 he brakemen positioned along by the passenger train UIC approval. Built to a heavy commercial Knorr-Bremse is further recent years reaches an Arjeplog, Sweden. New production equipment and products and tour the Test and Vehicle Systems Equipment Co., succeeds Klaus Deller, who has the train who responded brake and just one year modular design, the KE vehicles. enhanced and installed initial climax. To safeguard commercial vehicle braking and structures, with a special focus Development Center that is is based in Jiangmen in southern filled this position in an interim to a signal from the driver later by the express brake is then subjected to in Deutsche Bahn’s ICE 1 its future, Knorr-Bremse driver assistance systems from on the research and develop- under construction. China. capacity in addition to his role as and turned a hand crank train version.