Annual Report 2011

INTRODUCTION FROM THE CHAIRMAN OF THE BOARD OF DIRECTORS 5
COMPANY INFORMATION 4
Board of Directors 6
Supervisory Board Key Information 8
Key Performance Data 10
Production and Sales 12
REPORT BY THE BOARD OF DIRECTORS 14
Business Activity 15
Environmental Policy 18
Human Resources 18
Report on Assets and Financial Management 19
Significant Events that Occurred After the End of the Reporting Period 25
Report on the Activities of Cosnsolidated Entities 32
Business Plan 23
Conclusion 33
INFORMATION FOR SHAREHOLDERS 34
REPORT ON THE ACTIVITIES OF THE SUPERVISORY BOARD 36
CONSOLIDATED FINANCIAL STATEMENTS 38
CONTACS 63

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