Porsche 2011 Annual Report Download - page 13
Download and view the complete annual report
Please find page 13 of the 2011 Porsche annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1
-
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
-
177
-
178
-
179
-
180
-
181
-
182
-
183
-
184
-
185
-
186
-
187
-
188
-
189
-
190
-
191
-
192
-
193
-
194
-
195
-
196
-
197
-
198
-
199
-
200
-
201
-
202
-
203
-
204
-
205
-
206
-
207
-
208
-
209
-
210
-
211
-
212
-
213
-
214
-
215
-
216
-
217
-
218
-
219
-
220
-
221
-
222
-
223
-
224
-
225
-
226
-
227
-
228
-
229
-
230
-
231
-
232
-
233
-
234
-
235
-
236
-
237
-
238
-
239
-
240
*VVWLYH[PVUIL[^LLU[OLZ\WLY]PZVY`IVHYKHUK[OLL_LJ\[P]LIVHYK
(ZWHY[VMP[ZHK]PZVY`HUKV]LYZPNO[M\UJ[PVUZ[OLZ\WLY]PZVY`IVHYK^HZRLW[PUMVYTLK[OYV\NOV\[
[OLMPZJHS`LHYI`TLHUZVM^YP[[LUHUK]LYIHSYLWVY[ZMYVT[OLL_LJ\[P]LIVHYKHUKPUQVPU[TLL[PUNZ;OL
YLWVY[PUNKLHS[PUWHY[PJ\SHY^P[O[OLZP[\H[PVUVM[OLJVTWHU`I\ZPULZZKL]LSVWTLU[HUKI\ZPULZZWVSPJ`HZ
^LSSHZP[ZKL]LSVWTLU[VM[OLMPUHUJPHSWVZP[PVUYLZ\S[ZVMVWLYH[PVUZUL[HZZL[ZHUKSPX\PKP[`;OLZ\WLY]PÌ
ZVY`IVHYKL_HTPULK[OLTHPUWSHUUPUNHUKYLWVY[PUNKVJ\TLU[ZZ\ITP[[LK[VP[HUKZH[PZMPLKP[ZLSM[OH[[OLZL
^LYLJVYYLJ[HUKHKLX\H[L0[YL]PL^LKHUKKPZJ\ZZLKHSS[OLYLWVY[ZHUKKVJ\TLU[ZWYLZLU[LK[V[OLL_[LU[
YLX\PYLKHUKZ\IQLJ[LK[OLT[VHJYP[PJHSYL]PL^)L[^LLU[OLPUKP]PK\HSTLL[PUNZVM[OLZ\WLY]PZVY`IVHYK
]HYPV\ZTLTILYZVM[OLZ\WLY]PZVY`IVHYKOLSK[HSRZ^P[OTLTILYZVM[OLL_LJ\[P]LIVHYK0U[OLYLWVY[PUN
`LHY[OLJOHPYTHUVM[OLZ\WLY]PZVY`IVHYK^HZHSZVJVU[PU\HSS`PUJVU[HJ[^P[O[OLL_LJ\[P]LIVHYK
;OLZ\WLY]PZVY`IVHYKL_HTPULK[OLWSHUULKJYLH[PVUVM[OLPU[LNYH[LKH\[VTV[P]LNYV\WHUKV[OLY
M\UKHTLU[HSPZZ\LZVMJVYWVYH[LWSHUUPUNPUWHY[PJ\SHYMPUHUJPHSSPX\PKP[`PU]LZ[TLU[HUKO\THUYLZV\YJLZ
WSHUUPUN(M[LYH[OVYV\NOL_HTPUH[PVU[OLZ\WLY]PZVY`IVHYKHWWYV]LKHSSTH[[LYZWYLZLU[LK[VP[I`[OL
L_LJ\[P]LIVHYKMVYHWWYV]HSVYWHZZLKYLZVS\[PVUZPUHJJVYKHUJL^P[O[OLJVÌKL[LYTPUH[PVUHNYLLTLU[[OL
HY[PJSLZVMHZZVJPH[PVUVY[OLY\SLZVMWYVJLK\YLVM[OLL_LJ\[P]LIVHYK:\JOTH[[LYZPUJS\KLKPUWHY[PJ\SHY
[OL]V[PUNILOH]PV\YH[[OLHUU\HSNLULYHSTLL[PUNVM+Y0UNOJ-7VYZJOL(R[PLUNLZLSSZJOHM[HZYLNHYKZ
[OLL_VULYH[PVUVM[OLTHUHNLTLU[VM[OLMPZJHS`LHY[OLHWWYV]HSVM[OLYLÌHJX\PZP[PVUVM[OL
WLYJLU[VM[OLZOHYLZPU7VYZJOLA^PZJOLUOVSKPUN.TI/^OPJOOHKILLU[YHUZMLYYLK[VHULZJYV^OVSKLYPU
HZ^LSSHZ[OLHWWYV]HSVM[OLYLZVS\[PVUVM[OLL_LJ\[P]LIVHYKYLNHYKPUN[OLL_JOHUNLVMHVYKPUHY`
ZOHYLJLY[PMPJH[LHUK[OLJVUJS\ZPVUVMHUHNYLLTLU[^P[O[OLV^ULYZVM[OLVYKPUHY`ZOHYLJLY[PMPJH[LYLNHYKÌ
PUN[OLL_JOHUNLVMHZOHYLJLY[PMPJH[LMVSSV^PUN[OLJHWP[HSPUJYLHZL
;OLZ\WLY]PZVY`IVHYKZH[PZMPLKP[ZLSM[OH[[OLL_LJ\[P]LIVHYKPZK\S`JVUK\J[PUN[OLJVTWHU`ZI\ZPÌ
ULZZ;OLTVUP[VYPUNPUJS\KLK[OLHWWYVWYPH[LYPZRWYV]PZPVUPUNHUKJVTWSPHUJL;OLZ\WLY]PZVY`IVHYKTVUPÌ
[VYLK^OL[OLY[OLL_LJ\[P]LIVHYK[VVR[OLTLHZ\YLZMVY^OPJOP[PZYLZWVUZPISLW\YZ\HU[[V:LJ (R[.
HUK[OH[[OLYPZRTVUP[VYPUNZ`Z[LTWYLZJYPILK[OLYLPU^VYRZLMMLJ[P]LS`
13