Notes to the Consolidated Financial Statements

1. Basic information and principles of the report

2. Changes in Group structure

3. Summary of significant accounting policies

4. Risk assessment and management

5. Management of capital

6. Marketable securities

7. Trade accounts receivable

8. Other current assets and current financial assets

9. Inventories

10. Property, plant and equipment

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

12. Goodwill and intangible assets

13. Short-term debt

14. Other current provisions and liabilities

15. Long-term debt

16. Derivative financial instruments

17. Retirement benefit plans

18. Participation plans

19. Deferred tax assets and liabilities

20. Other non-current provisions and liabilities

21. Contingencies

22. Capital stock and treasury shares

23. Earnings per share

24. Other operating expenses, net

25. Financial result, net

26. Income tax expenses

27. Research and development expenditures

28. Cashflow figures

29. Segment reporting

30. Related party transactions

31. Foreign exchange rates

32. Subsequent events

33. Additional disclosures on financial instruments

34. Group companies as of December 31, 2014

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