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Kongsberg Gruppen (Kongsberg) is a multinational, knowledge enterprise that delivers !<;4@/2?4#.?6A6:2( !<;4@/2?4232;022?<@=.02( high-technology systems for offshore oil and gas production, the merchant marine, defence %33@5EH;)7H?D; )?II?B;I/F79; Europe, the USA, the Middle East and Asia as the most important geographical areas. ,HE9;II KJEC7J?ED *7L7B/OIJ;CI /K8I;7 %DJ;=H7J;: ?H ;<;D9;/OIJ;CI ,EI?J?ED?D= OD7C?9/OIJ;CI (7D:/OIJ;CI/KHL;?BB7D9; ;<;D9; ECCKD?97J?ED
'30=:@; ";0=,?492=0A09@0> ,=9492>-01:=049?0=0>??,C,9/,8:=?4>,?4:9 0EJ7B=HEMJ>?DEF;H7J?D=H;L;DK;IM7I #HEMJ>JEEAFB79;?D8EJ>8KI?D;II7H;7I &'($ &'($ THE GROUP VISION, OBJECTIVES AND DIRECTORS' REPORT AND E<J>;=HEMJ>JEEAFB79;78HE7: 7D:I7B;I EKJI?:;*EHM7O799EKDJ;:;EF;H7J?D=FHE+<EH; Highlights 7 Ð The Group 30 );H9>7DJ)7H?D;7D: ;<;D9; ;HEIF79; This is Kongsberg 8 Ð Kongsberg Gruppen ASA 59 0>;! %0 C7H=?D;D:;:7J )7H=?DI History 11 Auditor's Report 63 ?CFHEL;:?D8EJ>8KI?D;II7H;7I .;7:CEH;EDF7=;IS +F;H7J?D=H;L;DK;I EKJI?:;*EHM7O +F;H7J?D=H;L;DK;I *EHM7O
BUSINESS AREA ACTIVITIES CORPORATE GOVERNANCE SUSTAINABILITY REPORT "11>3:=0 0=.3,9? ,=490 ";0=,?492=0A09@0> ,=9492>-01:=049?0=0>??,C,9/,8:=?4>,?4:9 =HEMJ>?DEF;H7J?D=H;L;DK;I )EH; AND FINANCIAL STATEMENTS &'($ &'($ Kongsberg Maritime 66 Introduction 114 :;B?L;H?;IJEJ>;E<EH;C7HA;J 0>;C;H9>7DJ ?=>B;L;B Torfinn Kildal, President 67 Corporate Governance 92 Key Sustainability Figures 116 /7B;IEKJI?:;*EHM7O799EKDJ;:;EF;H7J?D=FHE;! %0 C7H=?D Kongsberg's Position in Organisation and Governance 103 The world of Kongsberg 120 ;D:;:7J ,HE7DAIJE the Offshore Market 70 The Board of Directors of Activities 2006 122 FEI?J?L;C7HA;J9ED:?J?EDI ;CF>7I?IED;<;<79JJ>7JIEC;L7BK; 7::?D= the Merchant Marine Market 71 Corporate Management 105 Finances and Added Value 125 EF;H7J?EDI>7L;8;;DCEL;:9BEI;HJE9KIJEC;HI The Divisions 72 Financial Statements 106 Systems of Governance for Kongsberg Defence & Aerospace 78 Shares and Shareholders 106 Corporate Social Responsibility 127 +F;H7J?D=H;L;DK;I EKJI?:;*EHM7O .;7:CEH;EDF7=;IS Tom Gerhardsen, President 79 Interview with Terje Mauer 107 Interview with Jan Petter Sissener 127 +F;H7J?D=H;L;DK;I *EHM7O Kongsberg Defence & Aerospace in Brief 80 Financial Risk and Market Conditions 109 Corporate Social Responsibility 128 Highlights 81 Important Balance Sheet Assets 110 Policy for Corporate Social Responsibility 129 Interview with Halvard Flesland 81 Key Financial Figures 111 Interview with Morten Ingebretsen 129 Kongsberg's Position in Kongsberg's Social Responsibility 130 0109.00=:>;,.0 ";0=,?492=0A0@0> ,=9492>-01:=049?0=0>??,C,9/,8:=?4>,?4:9 the Defence Market 82 Health, Safety and 0EJ7B=HEMJ>?DEF;H7J?D=H;L;DK;IE< OD7C?9 &'($ &'($ The Divisions 83 the Working Environment 132 /OIJ;CI799EKDJ;:;B7H=;IJF7HJE<J>;=HEMJ> Diversity 134 /7B;IEKJI?:;*EHM7O799EKDJ;:;EF;H7J?D=FHE;! %0 C7H=?D;D:;:7J OD7C?9/OIJ;CI Interview with Siri Kalvig 137 ?CFHEL;:FHE?=>;HLEBKC;I ECCKD?97J?EDIEF;H7J?EDI The Organisation of Environmental Efforts 140 I7M7<7LEKH78B;FHE7DAIJE7::;: ;CF>7I?IEDFHE@;9J?CFB;C;DJ7J?ED Kongsberg helps provide faster, better +F;H7J?D=H;L;DK;I EKJI?:;*EHM7O information on climate change 141 Cover photo The GRI Index 143 .;7:CEH;EDF7=;IS +F;H7J?D=H;L;DK;I *EHM7O This screen display is from the integrated weapons system on board one of the new Norwegian frigates. The system retrieves data to give the crew the best Connections between 0>;;FHEFEHJ?ED7J;C;J>E: possible overview of the tactical situation and helps Profit Centres/Divisions and Products 146 0>;7L;8;;D7:@KIJ;:;JH7DI?J?EDJE%"./7D:J>;I7B;E<O79>J?D=79J?L?J?;I 7D:@E?DJBO9EDJHEBB;:EF;H7J?EDI7H;9EDIEB?:7J;:KI?D=J>;FHEFEHJ?ED7J;C;J>E: locate hostile surface vessels and submarines. Financial Calendar 147 0>;;JH7DI?J?EDJE%"./ 8KJ7H;FH;I;DJ;:799EH:?D=JE*# , &E?DJBO9EDJHEBB;:EF;H7J?EDI7H;H;FEHJ;:7I7IIE9?7J;I Addresses 147
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