Annual report 2015

Table of Contents INTRODUCTION FROM THE CHAIRMAN OF THE BOARD OF DIRECTORS ............................................................. 2 COMPANY INFORMATION ............................................................. 4 Board of Directors ............................................................. 4 Supervisory Board ............................................................. 6 Key Information ............................................................. 7 Key Performance Data ............................................................. 8 Production and Sales ............................................................. 10 REPORT BY THE BOARD OF DIRECTORS ............................................................. 12 Business Activity ............................................................. 13 Environmental Policy ............................................................. 17 Human Resources ............................................................. 18 Report on Assets and Financial Management ............................................................. 22 Report on the Activities of Consolidated Entities ............................................................. 28 Business Plan ............................................................. 35 Conclusion ............................................................. 37 INFORMATION FOR SHAREHOLDERS ............................................................. 38 REPORT ON THE ACTIVITIES OF THE SUPERVISORY BOARD ............................................................. 40 CONSOLIDATED FINANCIAL STATEMENTS ............................................................. 42 CONTACTS ............................................................. 68