Knorr-Bremse Group Annual Report 2012 At a Glance KNORR-BREMSE GROUP 2008 2009 2010 2011 2012 Sales EUR mill. 3,384 2,761 3,712 4,241 4,300 Net income EUR mill. 192 99 239 329 295 Employees (as per Dec. 31)* 15,890 15,613 18,053 20,050 19,120 Personnel costs EUR mill. 686 641 721 805 861 Balance-sheet total EUR mill. 1,788 1,664 2,194 2,530 2,615 Equity EUR mill. 639 533 754 902 995 Capital expenditure ** EUR mill. 134 101 113 159 166 Depreciation ** EUR mill. 115 118 147 165 160 Reliability Incoming orders EUR mill. 3,209 3,185 4,040 4,073 3,948 Research and development expenditure EUR mill. 171 153 175 209 250 T 2012 R Technological Excellence * incl. leasing Entrepreneurship * *not including investments in financial assets L REPO A ANNU Passion Responsibility Knorr-Bremse Group Knorr-Bremse Group Annual Report 2012 At a Glance KNORR-BREMSE GROUP 2008 2009 2010 2011 2012 Sales EUR mill. 3,384 2,761 3,712 4,241 4,300 Net income EUR mill. 192 99 239 329 295 Employees (as per Dec. 31)* 15,890 15,613 18,053 20,050 19,120 Personnel costs EUR mill. 686 641 721 805 861 Balance-sheet total EUR mill. 1,788 1,664 2,194 2,530 2,615 Equity EUR mill. 639 533 754 902 995 Capital expenditure ** EUR mill. 134 101 113 159 166 Depreciation ** EUR mill. 115 118 147 165 160 Reliability Incoming orders EUR mill. 3,209 3,185 4,040 4,073 3,948 Research and development expenditure EUR mill. 171 153 175 209 250 T 2012 R Technological Excellence * incl. leasing Entrepreneurship * *not including investments in financial assets L REPO A ANNU Passion Responsibility Knorr-Bremse Group Contact Knorr-Bremse AG Moosacher Strasse 80 80809 Munich Germany Main Majority-owned www.knorr-bremse.com Corporate Communications Eva Seifert Subsidiaries Tel: +49 89 3547-1402 Fax: +49 89 3547-1403 of Knorr-Bremse AG E-Mail: [email protected] Credits Publisher The Americas Knorr-Bremse AG Europe – Middle East – Africa Asia – Australia Moosacher Strasse 80 Knorr-Bremse Brasil 80809 Munich (Holding) Administração e Knorr-Bremse Systeme für Knorr-Bremse Systeme für Knorr-Bremse Asia Pacific Germany Knorr Brake Holding Corporation, Participação Ltda., Schienenfahrzeuge GmbH, Nutzfahrzeuge GmbH, (Holding) Ltd., www.knorr-bremse.com Watertown, NY (US)* São Paulo (BR) Munich (DE) Munich (DE)** Hong Kong (HK) Concept Marion Brandlhuber, Knorr-Bremse AG Anchor Brake Shoe Company LLC (US) Knorr-Bremse Sistemas para Freinrail Systèmes Ferroviaires S.A. (FR) Bost Ibérica S.L. (ES) Hasse & Wrede CVS Dalian, China Ltd. (CN)* Christoph Günter, Knorr-Bremse AG Veículos Comerciais Brasil Ltda. (BR) Bendix Commercial Vehicle Heine Resistors GmbH (DE) Hasse & Wrede GmbH (DE) IFE-VICTALL Railway Vehicle Door Systems Systems LLC (US) Knorr-Bremse Sistemas para (Qingdao) Co., Ltd. (CN)* Copy and photo editing Knorr-Bremse Rail Systems Italia S.r.I. (IT) Knorr-Bremse Benelux B.V.B.A. (BE) Marion Brandlhuber, Knorr-Bremse AG Veículos Ferroviários Ltda. (BR) Bendix Spicer Foundation Knorr-Bremse Australia Pty. Ltd. (AU) IGE-CZ s.r.o. (CZ) Knorr-Bremse Fékrendszerek Kft. (HU) Brake LLC (US)* Editorial support Knorr-Bremse Brake Equipment (Shanghai) Knorr-Bremse Ges.m.b.H. (AT) Knorr-Bremse KAMA Systems for Sven Koch, Munich (DE) IFE North America LLC (US) Co., Ltd. (CN) Commercial Vehicles OOO (RU)* Thorsten Rienth, Munich (DE) Knorr-Bremse Nordic Rail Services AB (SE) Knorr Brake Corporation (US) Knorr-Bremse Braking Systems for Commer- Knorr-Bremse Polska SfN Sp. z o.o. (PL) Knorr-Bremse Systemy dla Kolejowych cial Vehicles (Dalian) Co., Ltd. (CN) Layout and design Knorr Brake Ltd. (CA) Srodków Lokomocji PL Sp. z o.o. (PL) Knorr-Bremse Sistemi per Autoveicoli Sylvie Bohnet, KB Media GmbH Knorr-Bremse CARS LD Vehicle Brake Disc Merak North America LLC (US) Commerciali S.p.A. (IT) Cathrin Huber, KB Media GmbH Knorr-Bremse Rail Systems (UK) Ltd. (GB) Manufacturing (Beijing) Co., Ltd. (CN)* New York Air Brake Corporation (US) Knorr-Bremse Systèmes pour Véhicules Photo credits Knorr-Bremse Rail Systems OOO (RU) Knorr-Bremse CAFF Systems for Commercial Utilitaires France S.A. (FR) Christoph Vohler Photographie, Munich (DE) Technologies Lanka Inc. (CA)* Vehicles Chongqing Ltd. (CN)* Knorr-Bremse S.A. (Pty.) Ltd. (ZA)* Die Hoffotografen, Knorr-Bremse System för Tunga Knorr-Bremse Commercial Vehicle Systems Oliver Keinath & Tobias Bohn, Berlin (DE) Knorr-Bremse Vasúti Jármű Rendszerek Fordon AB (SE) Enno Kapitza Photography, Gräfelfing (DE) Hungária Kft. (HU) Japan Ltd. (JP)** Knorr-Bremse Systems for Jann Averwerser Photography, Munich (DE) Knorr-Bremse India Pvt. Ltd. (IN) Merak Sistemas Integrados de Commercial Vehicles Ltd. (GB) Julia Kneuse Photography, Hamburg (DE) Climatización S.A. (ES) Knorr-Bremse / Nankou Air Supply Unit Nanette Schärf, Worms (DE) Knorr-Bremse Systémy pro užitková (Beijing) Co., Ltd. (CN)* Robert Brembeck Fotografie, Munich (DE) Microelettrica Scientifica S.p.A. (IT) vozidla ČR, s.r.o. (CZ) Thorsten Robert Harms, Oerlikon-Knorr Eisenbahntechnik AG (CH) Knorr-Bremse Rail Systems Japan Ltd. (JP)* photographie : cinematographie, Munich (DE) Knorr-Bremse Rail Systems Korea Ltd. (KR) Sociedad Española de Frenos, Calefacción Other image rights y Señales S.A. (ES) Knorr-Bremse Systems for Commercial P. 111 Eugenio Marongiu – shutterstock.com P. 127 photo DAF Trucks N.V. Dr. techn. Josef Zelisko Ges.m.b.H. (AT) Vehicles India Pvt. Ltd. (IN) Knorr-Bremse Systems for Rail Vehicles English translation (Suzhou) Co., Ltd. (CN) Paul Boothroyd, Schorndorf (DE) * Minority holding in subsidiary by Sigma Transit Systems Pty. Ltd. (AU) Hugh Keith, Edinburgh (UK) non-Group companies Bill Maslen, Aberfeldy (UK) ** 20% stake held by Robert Bosch GmbH, Sydac Pty. Ltd. (AU) Stuttgart (DE) Printed by Westinghouse Platform Screen Doors Weber Offset, Munich (DE) As per December 31, 2012 (Guangzhou) Ltd. (CN)* Contact Knorr-Bremse AG Moosacher Strasse 80 80809 Munich Germany Main Majority-owned www.knorr-bremse.com Corporate Communications Eva Seifert Subsidiaries Tel: +49 89 3547-1402 Fax: +49 89 3547-1403 of Knorr-Bremse AG E-Mail: [email protected] Credits Publisher The Americas Knorr-Bremse AG Europe – Middle East – Africa Asia – Australia Moosacher Strasse 80 Knorr-Bremse Brasil 80809 Munich (Holding) Administração e Knorr-Bremse Systeme für Knorr-Bremse Systeme für Knorr-Bremse Asia Pacific Germany Knorr Brake Holding Corporation, Participação Ltda., Schienenfahrzeuge GmbH, Nutzfahrzeuge GmbH, (Holding) Ltd., www.knorr-bremse.com Watertown, NY (US)* São Paulo (BR) Munich (DE) Munich (DE)** Hong Kong (HK) Concept Marion Brandlhuber, Knorr-Bremse AG Anchor Brake Shoe Company LLC (US) Knorr-Bremse Sistemas para Freinrail Systèmes Ferroviaires S.A. (FR) Bost Ibérica S.L. (ES) Hasse & Wrede CVS Dalian, China Ltd. (CN)* Christoph Günter, Knorr-Bremse AG Veículos Comerciais Brasil Ltda. (BR) Bendix Commercial Vehicle Heine Resistors GmbH (DE) Hasse & Wrede GmbH (DE) IFE-VICTALL Railway Vehicle Door Systems Systems LLC (US) Knorr-Bremse Sistemas para (Qingdao) Co., Ltd. (CN)* Copy and photo editing Knorr-Bremse Rail Systems Italia S.r.I. (IT) Knorr-Bremse Benelux B.V.B.A. (BE) Marion Brandlhuber, Knorr-Bremse AG Veículos Ferroviários Ltda. (BR) Bendix Spicer Foundation Knorr-Bremse Australia Pty. Ltd. (AU) IGE-CZ s.r.o. (CZ) Knorr-Bremse Fékrendszerek Kft. (HU) Brake LLC (US)* Editorial support Knorr-Bremse Brake Equipment (Shanghai) Knorr-Bremse Ges.m.b.H. (AT) Knorr-Bremse KAMA Systems for Sven Koch, Munich (DE) IFE North America LLC (US) Co., Ltd. (CN) Commercial Vehicles OOO (RU)* Thorsten Rienth, Munich (DE) Knorr-Bremse Nordic Rail Services AB (SE) Knorr Brake Corporation (US) Knorr-Bremse Braking Systems for Commer- Knorr-Bremse Polska SfN Sp. z o.o. (PL) Knorr-Bremse Systemy dla Kolejowych cial Vehicles (Dalian) Co., Ltd. (CN) Layout and design Knorr Brake Ltd. (CA) Srodków Lokomocji PL Sp. z o.o. (PL) Knorr-Bremse Sistemi per Autoveicoli Sylvie Bohnet, KB Media GmbH Knorr-Bremse CARS LD Vehicle Brake Disc Merak North America LLC (US) Commerciali S.p.A. (IT) Cathrin Huber, KB Media GmbH Knorr-Bremse Rail Systems (UK) Ltd. (GB) Manufacturing (Beijing) Co., Ltd. (CN)* New York Air Brake Corporation (US) Knorr-Bremse Systèmes pour Véhicules Photo credits Knorr-Bremse Rail Systems OOO (RU) Knorr-Bremse CAFF Systems for Commercial Utilitaires France S.A. (FR) Christoph Vohler Photographie, Munich (DE) Technologies Lanka Inc. (CA)* Vehicles Chongqing Ltd. (CN)* Knorr-Bremse S.A. (Pty.) Ltd. (ZA)* Die Hoffotografen, Knorr-Bremse System för Tunga Knorr-Bremse Commercial Vehicle Systems Oliver Keinath & Tobias Bohn, Berlin (DE) Knorr-Bremse Vasúti Jármű Rendszerek Fordon AB (SE) Enno Kapitza Photography, Gräfelfing (DE) Hungária Kft. (HU) Japan Ltd. (JP)** Knorr-Bremse Systems for Jann Averwerser Photography, Munich (DE) Knorr-Bremse India Pvt. Ltd. (IN) Merak Sistemas Integrados de Commercial Vehicles Ltd. (GB) Julia Kneuse Photography, Hamburg (DE) Climatización S.A. (ES) Knorr-Bremse / Nankou Air Supply Unit Nanette Schärf, Worms (DE) Knorr-Bremse Systémy pro užitková (Beijing) Co., Ltd. (CN)* Robert Brembeck Fotografie, Munich (DE) Microelettrica Scientifica S.p.A. (IT) vozidla ČR, s.r.o. (CZ) Thorsten Robert Harms, Oerlikon-Knorr Eisenbahntechnik AG (CH) Knorr-Bremse Rail Systems Japan Ltd. (JP)* photographie : cinematographie, Munich (DE) Knorr-Bremse Rail Systems Korea Ltd. (KR) Sociedad Española de Frenos, Calefacción Other image rights y Señales S.A. (ES) Knorr-Bremse Systems for Commercial P. 111 Eugenio Marongiu – shutterstock.com P. 127 photo DAF Trucks N.V. Dr. techn. Josef Zelisko Ges.m.b.H. (AT) Vehicles India Pvt. Ltd. (IN) Knorr-Bremse Systems for Rail Vehicles English translation (Suzhou) Co., Ltd. (CN) Paul Boothroyd, Schorndorf (DE) * Minority holding in subsidiary by Sigma Transit Systems Pty. Ltd. (AU) Hugh Keith, Edinburgh (UK) non-Group companies Bill Maslen, Aberfeldy (UK) ** 20% stake held by Robert Bosch GmbH, Sydac Pty.