View Annual Report

View Annual Report

Company Overview Financial Highlights 2010 Magna, the most diversified global Sales automotive supplier, designs, develops and (U.S.$ Billions) manufactures technologically advanced 30 automotive systems, assemblies, modules 25 and components, and engineers and 20 assembles complete vehicles, primarily for 15 sale to original equipment manufacturers of cars and light trucks. 10 5 0 Our capabilities include: 01 02 03 04 05 06 07 08 09 10 Operating Income (Loss) n interior systems (U.S.$ Millions) 1200 n seating systems 1000 n closure systems 800 n body & chassis systems 600 n vision systems 400 200 n electronic systems 0 n exterior systems (200) n powertrain systems (400) n (600) roof systems 08 09 10 n vehicle engineering Net Income (Loss) & contract assembly (U.S.$ Millions) n hybrid & electric vehicles/systems 1000 800 Magna has more than 96,000 employees in 600 256 manufacturing operations and 82 product 400 development, engineering and sales centres in 200 26 countries. 0 (200) (400) (600) 08 09 10 Diluted Earnings (Loss) Per Share Magna International Inc. (U.S.$) 5.00 337 Magna Drive, Aurora, Ontario, Canada L4G 7K1 4.00 3.00 Telephone: (905) 726-2462 2.00 Fax: (905) 726-7164 1.00 0 Visit our website at: www.magna.com (1.00) 2010 ANNUAL REPORT (2.00) (3.00) Printed in Canada The all-new Ford Focus Electric, jointly developed by Ford and Magna. 08 09 10 Company Overview Financial Highlights 2010 Magna, the most diversified global Sales automotive supplier, designs, develops and (U.S.$ Billions) manufactures technologically advanced 30 automotive systems, assemblies, modules 25 and components, and engineers and 20 assembles complete vehicles, primarily for 15 sale to original equipment manufacturers of cars and light trucks. 10 5 0 Our capabilities include: 01 02 03 04 05 06 07 08 09 10 Operating Income (Loss) n interior systems (U.S.$ Millions) 1200 n seating systems 1000 n closure systems 800 n body & chassis systems 600 n vision systems 400 200 n electronic systems 0 n exterior systems (200) n powertrain systems (400) n (600) roof systems 08 09 10 n vehicle engineering Net Income (Loss) & contract assembly (U.S.$ Millions) n hybrid & electric vehicles/systems 1000 800 Magna has more than 96,000 employees in 600 256 manufacturing operations and 82 product 400 development, engineering and sales centres in 200 26 countries. 0 (200) (400) (600) 08 09 10 Diluted Earnings (Loss) Per Share Magna International Inc. (U.S.$) 5.00 337 Magna Drive, Aurora, Ontario, Canada L4G 7K1 4.00 3.00 Telephone: (905) 726-2462 2.00 Fax: (905) 726-7164 1.00 0 Visit our website at: www.magna.com (1.00) 2010 ANNUAL REPORT (2.00) (3.00) Printed in Canada The all-new Ford Focus Electric, jointly developed by Ford and Magna. 08 09 10 Magna's capabilities include: Corporate Directory Directors Executive Officers Frank Stronach Frank Stronach Günther Apfalter Alon S. Ossip Chairman Chairman of the Board President, Magna Europe Executive Vice-President Body & Chassis Exteriors & Interiors Vehicles & Roof Systems Michael D. Harris Donald J. Walker Manfred Eibeck James J. Tobin, Sr. Systems Lead Director Chief Executive Officer Executive Vice-President, Chief Marketing Officer J. Trevor Eyton Magna Europe and President, and President, Magna Japan Exterior Systems Vincent J. Galifi Magna Russia and Korea Lady Barbara Judge Executive Vice-President Magna Exteriors & Interiors and Chief Financial Officer Herbert H. Demel Tom J. Skudutis Louis E. Lataif n Front & Rear Fascia Systems Executive Vice-President Chief Operating Officer, Donald Resnick Jeffrey O. Palmer n Sealing Systems and President, Magna China, Exteriors, Interiors, Seating, Executive Vice-President India, South East Asia, Mirrors and Closures n Exterior Trim & Lighting Franz Vranitzky and Chief Legal Officer South America and Africa n Class A Composite Panels Donald J. Walker Burkhard Göschel n Modular Systems Lawrence D. Worrall Marc J. Neeb Chief Technology Officer Executive Vice-President, n Engineered Glass Global Human Resources n Structural Components Corporate Office Other Officers n Under Hood & Underbody Components n Sheet Molding Compound Material Magna International Inc. Paul H. Brock Thomas A. Schultheiss Louis B. Tonelli 337 Magna Drive Vice-President and Treasurer Vice-President and Vice-President, Aurora, Ontario General Counsel – Europe Investor Relations Canada L4G 7K1 Gary M. Cohn Interior Systems Telephone: (905) 726-2462 Vice-President, Mergers and Bassem A. Shakeel David M. Williamson Acquisitions Vice-President and Secretary Vice-President, Taxation Magna Exteriors & Interiors Vehicle Engineering Roof Systems Body & Chassis Systems www.magna.com n Sidewall & Trim Systems & Contract Assembly Magna Steyr Cosma International Patrick McCann Michael G.R. Sinnaeve Robert Cecutti n Cockpit Systems Vice-President, Finance Vice-President, Operational Controller Magna Steyr n Soft Tops n Body Systems Improvement and Quality – n Cargo Management Systems n Engineering Services n Retractable Hard Tops n Chassis Systems Robert D. Merkley The Americas n Vice-President, Internal Audit Overhead Systems n n n Contract Manufacturing Modular Roofs Technology, Engineering Riccardo C. Trecroce n Carpet & Loadspace Systems n Fuel Systems n Textile Folding Roofs & Tooling Systems Scott E. Paradise Vice-President and General Vice-President, Marketing and n Renewable Energy Structures Counsel – North America New Business Development – Seating Systems The Americas Magna Seating Transfer Agent and Registrar Exchange Listings n Powertrain & Electronic Systems E-Car Systems Complete Seating Solutions Computershare Trust Company of Canada Computershare Trust Company N.A. Common Shares n Seat Structures & Mechanism Solutions 100 University Avenue, 9th Floor 250 Royall Street Toronto Stock Exchange MG n Foam & Trim Solutions Toronto, Ontario, Canada M5J 2Y1 Canton, MA, USA 02021 New York Stock Exchange MGA Telephone: 1-800-564-6253 Telephone: (781) 575-3120 www.computershare.com Closure Systems Magna Closures As a "foreign private issuer" listed on the New York Stock Exchange (NYSE), Magna is required to disclose the significant ways in which our corporate n Door Modules governance practices differ from those to be followed by U.S. domestic issuers under the NYSE listing standards. Please see the corporate governance n Window Systems section of our website (www.magna.com) for our Statement of Significant Corporate Governance Differences (NYSE). Additionally, please refer to the Management Information Circular/Proxy Statement for our 2011 Annual Meeting of Shareholders for a description of our corporate governance practices n Power Closure Systems in comparison with the requirements and guidelines of the Canadian securities administrators. n Latching Systems n Handle Assemblies Shareholders wishing to communicate with the non-management members of the Magna Board of Directors may do so by contacting the Lead Director through the office of Magna's Secretary at 337 Magna Drive, Aurora, Ontario, Canada L4G 7K1 (905) 726-7072. n Driver Controls n Electronics Shareholders wishing to obtain a copy of Magna's Notice of Intention to Make a Normal Course Issuer Bid, referred to in Note 19 to the consolidated financial statements contained in this Annual Report may also do so by contacting Magna's Corporate Secretary. Vision Systems Powertrain Systems Electronic Systems Hybrid & Electric Vehicles/Systems Magna Mirrors Magna Powertrain Magna Electronics Magna E-Car Systems* The 2011 Annual Meeting of Shareholders n n n The 2011 Annual Meeting of Shareholders will be held at Hilton Suites Toronto/Markham Conference Centre, n Interior Mirrors Driveline & Chassis Driver Assistance & Safety Hybrid & Electric Vehicle n 8500 Warden Avenue, Markham, Ontario, Canada on Wednesday, May 4, 2011 commencing at 10:00 a.m. (Toronto time) n Exterior Mirrors Controls Intelligent Power Systems Systems & Subsystems n n n n Actuators Fluid Pressure & Controls Engine Electronics & Sensors Hybrid & Electric Vehicle n n n Electronic Vision Systems Stampings Industrial Products Modules & Components 2010 Annual Report n Die Castings n Body Systems & HMI n Services Additional copies of this 2010 Annual Report or copies of our quarterly reports may be obtained from: The Secretary, Magna International Inc., n Engineering Services * Our partnership with the Stronach group 337 Magna Drive, Aurora, Ontario, Canada L4G 7K1 or www.magna.com. Copies of financial data and other publicly filed documents are available through the internet on the Canadian Securities Administrators' System for Electronic Document Analysis and Retrieval (SEDAR) which can be accessed at & System Integration www.sedar.com and on the United States Securities and Exchange Commission's Electronic Data Gathering, Analysis and Retrieval System (EDGAR) which can be accessed at www.sec.gov. ©Magna International Inc. 2011. Magna and the logo are registered trademarks of Magna International Inc. Magna's capabilities include: Corporate Directory Directors Executive Officers Frank Stronach Frank Stronach Günther Apfalter Alon S. Ossip Chairman Chairman of the Board President, Magna Europe Executive Vice-President Body & Chassis Exteriors & Interiors Vehicles & Roof Systems Michael D. Harris Donald J. Walker Manfred Eibeck James J. Tobin, Sr. Systems Lead Director Chief Executive Officer Executive Vice-President, Chief Marketing Officer J. Trevor Eyton Magna Europe and President, and President, Magna Japan Exterior Systems Vincent J. Galifi Magna Russia and Korea Lady Barbara

View Full Text

Details

  • File Type
    pdf
  • Upload Time
    -
  • Content Languages
    English
  • Upload User
    Anonymous/Not logged-in
  • File Pages
    94 Page
  • File Size
    -

Download

Channel Download Status
Express Download Enable

Copyright

We respect the copyrights and intellectual property rights of all users. All uploaded documents are either original works of the uploader or authorized works of the rightful owners.

  • Not to be reproduced or distributed without explicit permission.
  • Not used for commercial purposes outside of approved use cases.
  • Not used to infringe on the rights of the original creators.
  • If you believe any content infringes your copyright, please contact us immediately.

Support

For help with questions, suggestions, or problems, please contact us