APC 2006 Annual Report Download - page 3

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Profile 3
Interview with the Chairmen 4
Key figures 8
2006 in brief 11
New governance structure 12
1
Description of the company
and its businesses
1 - From steel to electricity: 170 years of history 15
2 - An ambitious strategy of profitable growth 16
3 - The new2company program 17
4 - Major prospects in four main markets 18
5 - Forefront positions worldwide 19
6 - Our customers are our partners 22
7 - A global organization with local roots 24
8 - Human resources 26
9 - Risk factors 28
2
Corporate governance
1 - Supervisory Board 33
2 - Organizational and operating procedures
of the Supervisory Board 38
3 - Board of Directors' meetings in 2006 and
early 2007 39
4 - Committees of the Supervisory Board 40
5 - Management Board members 42
6 - Organizational and operating procedures
of the Management Board 43
7 - Declarations concerning the situation
of the members of the Supervisory Board
and Management Board 43
8 - Internal control 44
9 - Management interests and compensation 50
3
General presentation
of Schneider Electric SA
1 - General information 57
2 - Capital 57
3 - Ownership structure 59
4 - Employee profit sharing, stock ownership,
stock option and stock grant plans 60
5 - Stock market data 62
6 - Investor relations 64
4
Business Review
1 - 2006 highlights 65
2 - Operating performance 67
3 - Change in financial situation 70
4 - Sustainable development 73
5 - Outlook for 2007 93
6 - Auditors' report on profit forecasts 94
5
Consolidated financial
statements at December 31, 2006
1 - Consolidated statement of income 96
2 - Consolidated statement of cash flows 97
3 - Consolidated balance sheet 98
4 - Consolidated statement of changes in equity
and minority interests 100
5 - Notes to the consolidated financial
statements 101
6 - Report of the Statutory Auditors on
the consolidated financial statements 152
6
Company financial statements
at December 31, 2006
1 - Balance sheet 154
2 - Statement of income 156
3 - Notes to the financial statements of
Schneider Electric SA 157
4 - Auditors' report on the financial statements 164
5 - List of securities at December 31, 2006 165
6 - Subsidiaries and affiliates 166
7 - Five-year financial summary 168
7
Unaudited pro forma information
related to the 2006 consolidated
financial statements
1 - Presentation 169
2 - Pro forma financial statements 170
3 - Comparison of Schneider Electric
and APC accounting principles 172
4 - Auditors' report on the pro forma financial
statements 174
8
Annual and Extraordinary
Shareholders' Meeting of April 26, 2007
1 - Management Board’s report to the Annual
and Extraordinary Shareholders' Meeting 175
2 - Auditors’ special reports 180
3 – Resolutions 185
Attestation 192
Contents
This document was registered with Autorité des Marchés Financiers (AMF) under number
D 07-223 on March 26, 2007 in compliance with Article 212-13 of AMF’s general regulations.
It may not be used in connection with any financial transactions unless it is accompanied by an
Offering Circular approved by AMF.
10 - Regulated agreements 54
11 - Auditors 55
12 - Shareholders' rights and obligations 55
1