APC 2014 Annual Report Download - page 2

Consolidated financial
statements at
181 December31,2014
Message from Jean-Pascal Tricoire 2
Interview with Emmanuel Babeau 4
Leadership Team 4
Key figures 2014 7
Consolidated statement ofincome 1. 182
2014 in brief 10
Consolidated statement ofcashflows 2. 184
Overview of the Group’s
strategy, markets and
13 businesses
Consolidated balance sheet 3. 186
Consolidated statement ofchangesinequity 4. 188
Notes to the consolidated 5.
financialstatements 189
Statutory Auditors’ report on the 6.
consolidatedfinancialstatements 248
Schneider Electric strategy andmarket 1.
opportunities 14
Company financial
251 statements
Businesses, end-markets andcustomer 2.
channels 19
Ambitious long term financial targets 3.
forattractive shareholder returns 23
Balance sheet 1. 252
Statement of income 2. 254
Company history and development 4. 25
Notes to the financial statements 3. 255
Research & Development 5. 28
Statutory Auditors’ report 4.
onthefinancialstatements 266
Organizational simplicity andefficiency 6. 31
Risk Factors 7. 35
List of securities held atDecember31,2014 5. 268
Sustainable
43 development
Subsidiaries and affiliates 6. 269
The company’s financial results 7.
overthelastfiveyears 271
Information on the
273 Company and its capital
Sustainable development attheheart ofour 1.
strategy 44
Green and responsible growth driving 2.
economic performance 56
General information on the Company 1. 274
Schneider Electric’s commitment 3.
toenvironmental performance 66
Shareholders’ rights andobligations 2. 275
Capital 3. 277
Committed to and on behalf ofemployees 4. 76
Ownership structure 4. 281
Schneider Electric, an eco-citizen company 5. 91
Employee incentive plans – 5.
Employeeshareholding 282
Methodology and audit ofindicators 6. 101
Indicators 7. 109
Performance shares andstockoptionplans 6. 283
Corporate Governance 121
Disclosure of information required in 7.
accordance with articleL.225-100-3 of the
French Commercial Code 290
Stock market data 8. 290
The board of directors 1. 123
Investor relations 9. 292
Organizational and operating procedures of 2.
the board of directors 134
Shareholders’ Meeting 293
Board meetings 3. 137
Board committees (composition,operating 4.
procedures and meetings) 139
Report of the board of directors 1.
tothecombined ordinary and Extraordinary
Shareholders’ Meeting 294
Senior Management 5. 144
Declarations concerning thesituation of the 6.
members oftheadministrative, supervisory or
management bodies 145
Report of the Independent Vice-Chairman 2.
Lead Director of the board of directors (for the
period May-December 2014) 305
Interests andcompensation ofGroup Senior 7.
Management 146
Exhibits to the board of directors’s report: 3.
internal regulations of the board and charter
of the Vice-Chairman Lead Independent
Director 306
Regulated agreements andobligations 8. 158
Internal control and risk management 9. 160
Application of the AFEP/MEDEF corporate 10.
governance guidelines 168
Special report from statutory auditors 4. 313
Draft resolutions 5. 321
Business review 169
Appendix 330
Persons responsiblefor
331 theRegistrationDocument
Trends in Schneider Electric’s coremarkets 1. 170
Review of the consolidated financial 2.
statements 173
Persons responsible for theRegistration
Document 331
Review of the parent company 3.
financialstatements 179
Persons responsible for the audit
ofthefinancial statements 332
Review of subsidiaries 4. 179
Outlook 5. 179