APC 2010 Annual Report Download - page 2

Message from Jean-Pascal Tricoire 2
Message from HenriLachmann 4
Interview with Emmanuel Babeau 5
Leadership team 6
Key figures 2010 8
2010 in brief 11
Description oftheGroup,
anditsstrategy, markets
andbusinesses 15
1. Global specialist in energy management 16
2. Leader in an industry of the future 20
3. Innovation and R&D: servinggrowth 29
4. Organisational simplicity andefficiency 34
5. Risk factors 37
Sustainable development 45
1. Sustainable development attheheart
ofourstrategy 46
2. Sustainable governance 48
3. Respect for the environment andfor ethics,
motors of economic performance 54
4. Schneider Electric’s Commitment
toEnvironmental Performance 62
5. Committed to and on behalf ofemployees 72
6. Schneider Electric, aresponsible corporatecitizen 80
7. Methodology andaudit ofindicators 88
8. Indicators 97
Corporate governance 105
1. Supervisory Board** 106
2.
Organisational and operating procedures
oftheSupervisoryBoard
** 113
3. Supervisory Board meetings** 115
4. Supervisory Board Committees
(members, operating procedures and meetings)** 116
5. Management Board members 119
6.
Organisational and operating procedures
oftheManagementBoard 120
7. Declarations concerning thesituation
ofthe members oftheSupervisoryBoard
andManagementBoard 120
8. Management interests andcompensation 121
9. Regulated Agreements 129
10. Internal control andriskmanagement** 130
11. Application of the AFEP-MEDEF
corporategovernance guidelines** 138
Business review 139
1. Trends in Schneider Electric’s core markets 140
2. Review of the consolidated financial statements 142
3. Review of the parent company financial statements 146
4. Review of subsidiaries 147
5. Outlook 147
Consolidated
financial statements 149
1. Consolidated statement of income 150
2. Consolidated statement ofcashflows 152
3. Consolidated balance sheet 154
4. Consolidated statement ofchanges in equity 156
5. Notes to the consolidated financial statements 157
6. Statutory Auditors’ report onthe consolidated
financial statements 222
Company financial statements 223
1. Balance sheet 224
2. Statement of income 226
3. Notes to the financial statements 227
4. Statutory Auditors’ report
onthefinancialstatements 238
5. List of securities held atDecember31, 2010 239
6. Subsidiaries and affiliates 240
7. The Company’s financial results
overthelast five years 242
General presentation
ofSchneiderElectricSA 243
1. General information 244
2. Shareholders’ rights andobligations 245
3. Capital 247
4. Ownership structure 251
5. Employee profit-sharing, stock ownership 252
6. Stock option and stock grant plans
withperformance criteria 252
7. Disclosure of information required in accordance
with article L.225-100-3 oftheFrench
Commercial Code** 257
8. Stock market data 258
9. Investor relations 260
Annual and Extraordinary
Shareholders’ Meeting 261
1. Management Board’s report tothe Annual
andExtraordinary Shareholders’ Meeting 262
2. Supervisory Board’s comments
ontheManagement Board’s report,
made in accordance witharticle L.225-68
oftheFrenchCommercial Code 269
3. Auditors’ special reports 270
4. Resolutions 276
Persons responsible fortheRegistration Document
andauditofthe accounts 287
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