Annual Report 2004

ANNUAL REPORT 2004	1
Content	2
The Word from the Chairman of the Board	4
Company Presentation	5
- board of directors	5
- supervisory board	8
- company highlights	9
- products	11
Report by the Board of Directors	14
- business activities	14
- enviromental policy	17
- human resources	18
- assets and financial management	22
- specific subsequent events	27
- report of consolidated subsidiaries	28
- business strategy	33
Information for Shareholders	36
Report of the Supervisory Board	37
Consolidated Financial Statements	38
- auditor´s report	39
- balance sheet	40
- income statement	43
- notes	45
Basic information, contacts	66

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