Dow Chemical 2012 Annual Report Download - page 43

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17
See Note 8 to the Consolidated Financial Statements for additional information regarding nonconsolidated affiliates.
FINANCIAL INFORMATION ABOUT FOREIGN AND DOMESTIC OPERATIONS AND EXPORT SALES
In 2012, the Company derived 68 percent of its sales and had 49 percent of its property investment outside the United States.
While the Company’s international operations may be subject to a number of additional risks, such as changes in currency
exchange rates, the Company does not regard its foreign operations, on the whole, as carrying any greater risk than its
operations in the United States. Information on sales and long-lived assets by geographic area for each of the last three years
appears in Note 24 to the Consolidated Financial Statements, and discussions of the Company’s risk management program for
foreign exchange and interest rate risk management appear in Part I, Item 1A. Risk Factors; Part II, Item 7A. Quantitative and
Qualitative Disclosures About Market Risk; and Note 10 to the Consolidated Financial Statements.
PROTECTION OF THE ENVIRONMENT
Matters pertaining to the environment are discussed in Part I, Item 1A. Risk Factors; Part II, Item 7. Management’s Discussion
and Analysis of Financial Condition and Results of Operations; and Notes 1 and 14 to the Consolidated Financial Statements.
In addition, detailed information on Dow’s performance regarding environmental matters and goals can be found online on
Dow’s Sustainability webpage at www.dow.com. The Company's website and its content are not deemed incorporated by
reference into this report.
EMPLOYEES
As of December 31, 2012, the Company employed approximately 54,000 people on a full-time basis, with approximately 50
percent located in North America, 25 percent located in Europe, Middle East and Africa, and 25 percent located in other
locations.
OTHER ACTIVITIES
Dow engages in the property and casualty insurance and reinsurance business primarily through its Liana Limited subsidiaries.