2 Exemplare

Annual Report 1987 George Fischer GF

Content

Management and Group reports

• Management (p. 2)
• Main figures (p. 3)
• 1987 – A year of challenge (p. 4)
• Group reports (p. 6)
• A new image for George Fischer (p. 22)
• A slight change in number of employees (p. 23)
• Changes on the Board and Management (p. 23)
• Summaries; Group and parent company (p. 24)

Financial statements

George Fischer Group

• Principles of consolidation and valuation (p. 28)
• Consolidated balance sheet at 31 December 1987 (p. 30)
• Consolidated income statement 1987 (p. 31)
• Consolidated cash flow statement 1987 (p. 32)
• Notes (p. 33)
• Auditors‘ report (p. 35)

George Fischer Ltd, Schaffhausen

• Balance sheet at 31 December 1987 (p. 36)
• Income statement 1987 (p. 37)
• Proposal by the Board of Directors (p. 37)
• Notes (p. 38)
• Auditors‘ report (p. 39)

Corporate organization

• Management structure (p. 40)
• Companies (p. 44)