Sennheiser 2010 Annual Report Download - page 25

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Contents
50 Report of the Supervisory Board
52 Consolidated Management Report 2010
52 I. Preliminary Remarks
53 II. Economic Developments during the 2010 Financial Year
63 III. Risk Management
65 IV. Outlook for Future Development
66 Consolidated Financial Statements 2010
66 Consolidated Balance Sheet as of December 31, 2010
68 Consolidated Profit and Loss Statement for the Financial Year 2010
70 Notes on Consolidated Financial Statements 2010
74 Statement of Asset Additions and Disposals for the Financial Year 2010
82 Cash Flow Statement for the Financial Year 2010
84 Statement of Shareholder’s Equity for the Financial Year 2010
86 Independent Auditors’ Report
49
FIN ANCI A L RE P ORT 2010
25,000,000
VIEWERS WATCHED THE 2010 GRAMMY AWARDS ON TELEVISION. SENNHEISER ENDORSERS COLLECTED
A TOTAL OF 17 TROPHIES DURING THE MUSIC EVENT.
3
DAYS IS HOW LONG EUROPE’S LARGEST OPEN-AIR FESTIVAL,
THE 2010 DANUBE ISLAND FESTIVAL IN VIENNA, WENT. AROUND 2,000 ARTISTS PERFORMED
ON 13 STAGES FOR MORE THAN 600 HOURS IN FRONT OF A LIVE AUDIENCE.
300
SENNHEISER PRODUCTS WERE USED AT THE EUROVISION SONG CONTEST.
8,000,000
PEOPLE VISITED THE GERMAN PAVILION AT THE WORLD EXPO IN SHANGHAI.
SENNHEISER PROVIDED VARIOUS GUIDE AND AUDIO SYSTEMS FOR THE VISITOR TOURS.
32
NATIONS FOUGHT FOR THE TITLE OF WORLD CHAMPION AT THE 2010 SOCCER WORLD CUP IN SOUTH AFRICA.
A LAVISH OPENING CEREMONY CELEBRATED THE START OF THE WORLD
CHAMPIONSHIPS – WITH THE HELP OF SENNHEISER’S WIRELESS TECHNOLOGY AND KNOW-HOW.
48 FINANCIAL REPORT 2010