APC 2011 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 2011 8
2011 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 21
3. R&D Strategy 26
4. Organisational simplicity andefficiency 31
5. Risk factors 34
Sustainable development 43
1. Sustainable development at the heart of our strategy 44
2. Green and responsible growth driving economic
performance 52
3. Schneider Electric’s Commitment
toEnvironmentalPerformance 60
4. Committed to and on behalf ofemployees 70
5. Schneider Electric, a responsible corporate citizen 81
6. Methodology andaudit ofindicators 90
7. Indicators 98
Corporate governance 107
1. Supervisory Board** 108
2.
Organisational and operating procedures
oftheSupervisoryBoard** 116
3. Supervisory Board meetings** 117
4. Supervisory Board committees
(members,operatingprocedures andmeetings)** 119
5. Management Board members 121
6.
Organisational and operating procedures
oftheManagementBoard 123
7. Declarations concerning thesituation of
the members ofthe Supervisory Board
andManagement Board 123
8. Management interests andcompensation 124
9. Regulated Agreements 132
10. Internal control and risk management** 133
11. Application of the AFEP/MEDEF
corporategovernanceguidelines** 141
Business review 143
1. Trends in Schneider Electric’s core markets 144
2. Review of the consolidated financial statements 146
3. Review of the parent company financial statements 150
4. Review of subsidiaries 150
5. Outlook 150
Consolidated financial statements 151
1. Consolidated statement of income 152
2. Consolidated statement ofcashflows 154
3. Consolidated balance sheet 156
4. Consolidated statement ofchanges in equity 158
5. Notes to the consolidated financial statements 159
6. Statutory Auditors’ report on theconsolidated
financialstatements 217
Company financial statements 219
1. Balance sheet 220
2. Statement of income 222
3. Notes to the financial statements 223
4. Statutory Auditors’ report on the financial
statements 234
5. List of securities held atDecember31, 2011 235
6. Subsidiaries and affiliates 236
7. The Company’s financial results
overthelastfiveyears 238
General presentation
of
SchneiderElectricSA 239
1. General information on the Company 240
2. Shareholders’ rights andobligations 241
3. Capital 243
4. Ownership structure 247
5. Employee profit-sharing, stock ownership 248
6. Performance share grants andstock option plans 249
7.
Disclosure of information required in
accordance with articleL.225- 100-3
oftheFrench Commercial Code** 255
8. Stock market data 255
9. Investor relations 257
Annual and Extraordinary
Shareholders’ Meeting 259
1. Management Board report 260
2. Supervisory Board’s comments
ontheManagement Board’s report,
mode in accordance with articleL . 225- 68
oftheFrenchCommercialCode 264
3. Auditors’ special reports 264
4. Resolutions 268
Persons responsible for the Registration Document 273
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