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Management Report
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Overview
  • Beiersdorf at a Glance
  • The Year in Review
    • Executive Board
  • Letter from the Chairman
  • The Executive Board of Beiersdorf AG
    • Execution Counts
  • Doing the Right Thing: Systematically Executing Our Strategy
  • Getting Close to Our Consumers
  • Achieving Cooperation: Our Retail Partners
  • Realizing Our Potential: Our Supply Chain Management
  • Perfecting Our Ideas: Our Strong Brands
  • Promoting Our Strengths: Our Employees
    • Investor Relations
  • The Beiersdorf Share
  • Beiersdorf Investor Relations
    • Corporate Governance
  • Report by the Supervisory Board
  • Corporate Governance at Beiersdorf
  • Auditors' Report
    • Management Report
  • Business and Strategy
  • Economic Environment
  • Business Developments – Group
  • Business Developments – Business Segments
  • Balance Sheet Structure – Group
  • Financial Position – Group
  • Capital Expenditure – Group
  • Business Developments – Beiersdorf AG
  • Research and Development
  • Environmental Protection and Occupational Safety
  • Risk Management Report
  • Report by the Executive Board regarding Dealings among Group Companies
  • Report on Post-Balance Sheet Date Events
  • Outlook 2005
    • Group Financial Statements
  • Income Statement – Group
  • Balance Sheet – Group
  • Cash Flow Statement – Group
  • Statement of Changes in Shareholders' Equity – Group
  • Segment Reporting – Group
  • Significant Accounting Policies
  • Comparison of Old/New Reporting Structure 2003
  • Notes to the Income Statement
  • Notes to the Balance Sheet
  • Other Disclosures
  • Boards of Beiersdorf AG
    • Additional Information
  • Significant Group Companies
  • Index
  • Ten-year Overview
  • Contact Information
  • Financial Calendar
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