Integrated
Annual Report 2016

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. Trade accounts receivable

7. Other current assets and current financial assets

8. Inventories

9. Property, plant and equipment

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

11. Goodwill and intangible assets

12. Short-term debt

13. Other current liabilities and provisions

14. Long-term debt

15. Financial instruments

16. Retirement benefit plans

17. Participation plans

18. Deferred tax assets and liabilities

19. Other non-current liabilities and provisions

20. Contingencies

21. Capital stock and treasury shares

22. Earnings per share

23. Other operating expenses, net

24. Financial result, net

25. Income tax expenses

26. Operating Leasing

27. Research and development cost

28. Cashflow figures

29. Segment reporting

30. Related party transactions

31. Foreign exchange rates

32. Subsequent events

33. Group companies as of December 31, 2016

Switzerland Ownership in %
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
Geberit Finanz AG, Rapperswil-Jona 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 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
Sanitec Trading (Zhongshan) Co. Ltd., Zhongshan 100
Czech Republic  
Geberit spol. s.r.o., Brno 100
Denmark  
Geberit A/S, Lystrup 100
Finland  
Geberit Oy, Helsinki 100
Geberit Investment Oy, Vantaa (Helsinki) 100
Sanitec Oyj, Helsinki 100
IDO Kylpyhuone Oy, Tammisaari 100
Sanitec Russia Oy, Helsinki 100
France  
Geberit S.a.r.l., Rungis Cedex 100
Geberit Holding France S.A., Samoreau 100
Varicor S.A.S., Wisches 100
Allia S.A.S., Samoreau 100
Alliages Céramiques S.A.S., Limoges 100
Produits Céramiques de Touraine S.A.S., Samoreau 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
Allia Holding GmbH, Pfullendorf 100
Sanitec Beteiligungs- und Service GmbH, Vlotho 100
Keramag Service GmbH & Co. KG, Pfullendorf 100
Keramag Keramische Werke GmbH, Ratingen 100
Varicor GmbH, Gaggenau 100
Ceravid GmbH, Essen 100
Koralle International GmbH, Vlotho 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
Geberit Service S.p.a., Spilimbergo 100
Pozzi Ginori S.p.a., Spilimbergo 100
Netherlands  
Geberit B.V., Nieuwegein 100
Geberit International B.V., Nieuwegein 100
Nigeria  
Geberit Nigeria Ltd., Ikoyi, Lagos 100
Norway  
Geberit AS, Lorenskog 100
Geberit Service AS, Porsgrunn 100
Poland  
Geberit Sp. z o.o., Warsaw 100
Geberit Service Sp. z o.o., Lodz 100
Geberit Ozorków Sp. z o.o., Ozorkow 100
Geberit Produkcja Sp. z o.o., Kolo 100
Portugal  
Geberit Tecnologia Sanitária S.A., Lisbon 100
Geberit Produção S.A., Carregado 100
Romania  
Geberit SRL, Bucharest 100
Russia  
Geberit RUS LLC, Moscow 100
Sanitec Trading LLC, Moscow 100
Singapore  
Geberit South East Asia Pte. Ltd., Singapore 100
Slovakia  
Geberit Slovensko s.r.o., Bratislava 100
Slovenia  
Geberit proizvodnja d.o.o., Ruše 100
Geberit prodaja d.o.o., Ruše 100
South Africa  
Geberit Southern Africa (Pty.) Ltd., Johannesburg 100
Spain  
Geberit S.A.U., Barcelona 100
Sweden  
Geberit AB, Malmö 100
Sanitec Holdings Sweden AB, Stockholm 100
Geberit Service AB, Bromölla 100
Ifö Sanitär AB, Bromölla 100
Cetinax AB, Bromölla 100
Turkey  
Geberit Tesisat Sistemleri Ticaret Ltd., Istanbul 100
Ukraine  
Slavuta Holdings LLC, Kiev 100
PJSC Slavuta Plant "Budfarfor", Slavuta 100
Sanitec Ukraine LLC, Kiev 100
Geberit Trading LLC, Kiev 100
United Kingdom  
Geberit Sales Ltd., Warwick 100
Sanitec UK Ltd., Alsager 100
Geberit Service, Alsager 100
Twyford Ltd., Alsager 100
Twyfords Ltd., Alsager 100
USA  
Duffin Manufacturing Co., Elyria 100
The Chicago Faucet Company, Des Plaines 100