Kongsberg Automotive2008年年度报告.pdf

1、Annual Report 0800-11 Company and Market 12-23 Divisions 24-25 Management 26-31 Directors Report 32-39 HSE 40-66 Financials 67-68 Corporate GovernanceHIGHLIGHTSCompany and MarketHighlights00Key Financial Figures01The Company Organization02CEO “2008 The Year of Changes”03The History of Kongsberg Auto

2、motive04Peter Kelly “Challenging Years-Bright Future”06A Strategy for Sustainability08Global Footprint10DivisionsAutomotive Systems12Commercial Vehicle Systems16Power Products Systems20ManagementExecutive Committee24Board of Directors25Directors Report 26Health,Safety and Environment Report32Financi

3、als 40Corporate Governance68CONTENTS1.Successful Integration of GMSKA acquired GMS at the end of 2007,and the new organiza-tion has successfully completed its first year as a fully integrated unit.2.Strong Revenue GrowthKA delivered strong growth due to the acquisition of GMS.2008 sales increased by

4、 a factor close to three comparedwith previous year.3.Historically weak MarketIn 2008 the global automotive industry experienced its biggest downturn for at least 35 years.Volumes droppedsignificantly and at high speed in the last quarter.4.Significant Headcount ReductionsIn order to adjust the work

5、force to top-line reductions,KA reduced the workforce by more than 2 600 employees during 2008.5.Widespread Cost ReductionsInvolving all cost elements,including short-time working,temporary plant closures,restrictions on new hires,salariesand travel.No bonus schedules will be applied for 2009.6.Majo

6、r Restructuring ActionsDuring the year,KA initiated thirteen integration and restructuring actions involving many product lines and considerable manpower.Relocation to low-cost areas wasintensified.7.RefinancingA new loan agreement with the lending banks was con-cluded in December.The existing loans