Consolidated Financial Statements Geberit Group

Notes to the Consolidated Financial Statements

  1. 1. Basis of preparation

  2. 2. Changes in Group organization

  3. 3. Summary of significant accounting policies

  4. 4. Risk assessment and management

  5. 5. Management of capital

  6. 6. Marketable securities

  7. 7. Trade accounts receivable

  8. 8. Other current assets and current financial assets

  9. 9. Inventories

  10. 10. Property, plant and equipment

  11. 11. Other non-current assets and non-current financial assets

  12. 12. Goodwill and intangible assets

  13. 13. Short-term debt

  14. 14. Other current provisions and liabilities

  15. 15. Long-term debt

  16. 16. Derivative financial instruments

  17. 17. Retirement benefit plans

  18. 18. Participation plans

  19. 19. Deferred tax assets and liabilities

  20. 20. Other non-current provisions and liabilities

  21. 21. Contingencies

  22. 22. Capital stock and treasury shares

  23. 23. Earnings per share

  24. 24. Cash discounts and customer bonuses

  25. 25. Other operating expenses, net

  26. 26. Financial result, net

  27. 27. Income tax expenses

  28. 28. Cashflow figures

  29. 29. Segment reporting

  30. 30. Related party transactions

  31. 31. Foreign exchange rates

  32. 32. Subsequent events

  33. 33. Additional disclosures on financial instruments

  34. 34. Group companies as of December 31, 2011

    Switzerland Ownership in % Activity
    Geberit AG, Rapperswil-Jona   ○
    Geberit Holding AG, Rapperswil-Jona 100 ○
    Geberit International AG, Rapperswil-Jona 100 ○
    Geberit International Sales AG, Rapperswil-Jona 100 △
    Geberit Verwaltungs AG, Rapperswil-Jona 100 ○
    Geberit Vertriebs AG, Rapperswil-Jona 100 △
    Geberit Marketing e Distribuzione SA, Rapperswil-Jona 100 △
    Geberit Produktions AG, Rapperswil-Jona 100 □
    Geberit Apparate AG, Rapperswil-Jona 100 □
    Geberit Fabrication SA, Givisiez 100 □
    Australia    
    Geberit Pty Ltd., North Ryde NSW 100 △
    Austria    
    Geberit Vertriebs GmbH & Co. KG, Pottenbrunn 100 △
    Geberit Produktions GmbH & Co. KG, Pottenbrunn 100 □
    Geberit Beteiligungsverwaltung GmbH, Pottenbrunn 100 ○
    Geberit Huter GmbH, Matrei 100 □
    Belgium    
    Geberit N.V., Machelen 100 △
    Channel Islands    
    Geberit Finance Ltd., Jersey 100 ○
    Geberit Reinsurance Ltd., Guernsey 100 ○
    China    
    Geberit Flushing Technology Co. Ltd., Daishan 100 □
    Geberit Plumbing Technology Co. Ltd., Shanghai 100 □
    Geberit Shanghai Trading Co. Ltd., Shanghai 100 △
    Geberit Shanghai Investment Administration Co. Ltd., Shanghai 100 ○
    Czech Republic    
    Geberit spol. s.r.o., Brno 100 △
    Denmark    
    Geberit A/S, Lystrup 100 △
    Finland    
    Geberit OY, Helsinki 100 △
    France    
    Geberit S.a.r.l., Rungis Cedex 100 △
    Germany    
    Geberit Verwaltungs GmbH, Pfullendorf 100 ○
    Geberit Service GmbH & Co. KG, Pfullendorf 100 ○
    Geberit Vertriebs GmbH, Pfullendorf 100 △
    Geberit Produktions GmbH, Pfullendorf 100 □
    Geberit Logistik GmbH, Pfullendorf 100 ○
    Geberit Mapress GmbH, Langenfeld 100 □
    Geberit RLS Beteiligungs GmbH, Langenfeld 100 ○
    Geberit Lichtenstein GmbH, Lichtenstein 100 □
    Geberit Weilheim GmbH, Weilheim 100 □
    Hungary    
    Geberit Kft, Budapest 100 △
    India    
    Geberit Plumbing Technology India Pvt. Ltd., Bangalore 100 △
    Geberit India Manufacturing Pvt. Ltd., Bangalore 100 □
    Italy    
    Geberit Produzione S.p.a., Villadose 100 □
    Netherlands    
    Geberit B.V., Nieuwegein 100 △
    Geberit International B.V., Nieuwegein 100 ○
    Norway    
    Geberit AS, Lysaker 100 △
    Poland    
    Geberit Sp.z.o.o., Warsaw 100 △
    Portugal    
    Geberit Tecnologia Sanitária S.A., Lisbon 100 △
    Singapur    
    Geberit South East Asia Pte. Ltd., Singapur 100 △
    Slovakia    
    Geberit Slovensko s.r.o., Bratislava 100 △
    Slovenia    
    Geberit Sanitarna tehnika d.o.o., Ruše 100 □
    Geberit prodaja d.o.o., Ruše 100 △
    South Africa    
    Geberit Southern Africa (Pty.) Ltd., Sandton 100 △
    Spain    
    Geberit S.A., Barcelona 100 △
    Sweden    
    Geberit AB, Malmö 100 △
    Turkey    
    Geberit Tesisat Sistemleri Ticaret Ltd., Istanbul 100 △
    United Kingdom    
    Geberit Sales Ltd., Warwick 100 △
    USA    
    Duffin Manufacturing Co., Elyria 100 □/△
    The Chicago Faucet Company, Des Plaines 100 □/△
    ○ Services, holding functions
    △ Distribution
    □ Production