PACCAR 2010 Annual Report Download - page 2

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S T A T E M E N T O F C O M P A N Y B U S I N E S S
Financial Highlights
Message to Shareholders
PACCAR Operations
Financial Charts
Stockholder Return Performance Graph
Management’s Discussion and Analysis
43 Consolidated Statements of Income
44 Consolidated Balance Sheets
46 Consolidated Statements of Cash Flows
47 Consolidated Statements
of Stockholders’ Equity
48 Consolidated Statements
of Comprehensive Income
48 Notes to Consolidated Financial Statements
76 Management’s Report on Internal Control
Over Financial Reporting
76 Report of Independent Registered Public
Accounting Firm on the Company’s
Consolidated Financial Statements
77 Report of Independent Registered Public
Accounting Firm on the Company’s
Internal Control Over Financial Reporting
78 Selected Financial Data
78 Common Stock Market Prices and Dividends
79 Quarterly Results
80 Market Risks and Derivative Instruments
81 Officers and Directors
82 Divisions and Subsidiaries
CO NTENT S
PACCAR is a global technology company that manufactures Class 8 commercial
vehicles sold around the world under the Kenworth, Peterbilt and DAF nameplates.
The company competes in the North American Class 5-7 market with its medium
duty models assembled in North America and sold under the Peterbilt and Kenworth
nameplates. The company also manufactures Class 4-7 trucks in the United
Kingdom for sale throughout the world under the DAF nameplate. PACCAR
distributes aftermarket truck parts to its dealers through a worldwide network of
Parts Distribution Centers. Finance and leasing subsidiaries facilitate the sale of
PACCAR products in many countries worldwide. Significant company assets are
employed in financial services activities. PACCAR manufactures and markets
industrial winches under the Braden, Gearmatic and Carco nameplates. PACCAR
maintains exceptionally high standards of quality for all of its products: they are
well engineered, highly customized for specific applications and sell in the
premium segments of their markets, where they have a reputation for superior
performance and pride of ownership.