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Linde Annual
Foreword
Performance
Engineering competence
LNG
Plants
Transport
Reducing CO
2
emissions
New processes
CO
2
sequestration
CO2SINK
Hydrogen helps protect against climate change
Other engineering highlights
Growth
On-site projects in 2007
East Asia
Elixier
North America
Acquisitions for a firmer foothold
Eastern Europe
Africa
Improvement
Gases in medicine
Promoting science and research
Inspire Award
LifeLine service
Treating bronchiolitis with helium
Caudwell Xtreme Everest
Pain relief
Sterilising medical equipment
Care Centres
Gases for environmental protection and safety
Food industry
Partner for production processes
Success through service
Textile cleaning with CO
2
Pioneering
Hydrogen
H
2
partner for the automotive industry
Establishing the H
2
infrastructure
Leuna
Gas applications for the photovoltaic industry
Solar industry
Thin-film solar cell technology
New technologies for zero emissions
Helium
Linde Financial Report
Linde financial highlights
Letter to shareholders
The Linde Group
Five-year summary
Executive Board
Wolfgang Reitzle
Aldo Belloni
J. Kent Masters
Georg Denoke
Declaration of the Executive Board
Supervisory Board
Report of the Supervisory Board
Meetings
Corporate governance
Committees
Financial statements
Composition
Mandates
Committees
Responsibility statement
Management organisation
Corporate Governance
German Corporate Governance Code
Cooperation Executive Board and Supervisory Board
Shareholders’ Meeting
Core values and compliance
Stakeholder relations
Audit and risk management
Declaration
Remuneration report
Remuneration of the Executive Board
Remuneration of the Supervisory Board
Review of the year
The Linde world
Linde Shares
Performance
Shareholder structure
Dividend and Shareholders' Meeting
Investor relations activities
Financial Calender
Group Management Report
Business environment
Macroeconomic environment
Sector-specific background
Management
The Linde Group
Sales
Results of operations
Gases Division
Western Europe
Americas
Asia & Eastern Europe
South Pacific & Africa
Growth in our product areas
Engineering Division
Olefin plants
Natural gas plants
Air separation plants
Hydrogen and synthesis gas plants
Other activities
Net assets and financial position
Cash flow statement
Summary 2007
Financing
Capital expenditure
Purchasing
Gases Division
Engineering Division
Research and development
Gases Division
Engineering Division
Corporate responsibility
Road-map
Ethics and compliance
SHEQ
Climate protection
Social commitment
Employees
Corporate culture
Recruitment and training
Pensions
Key data
Employees
HSE
Risk report
Risk management
Risk areas
Overall risk situation
Disclosures in accordance with § 315(4) of the German Commercial Code (HGB)
Events after the balance sheet date
Dividends
Outlook
Macroeconomic trends
Industry sector
Linde Group
Gases Division
Engineering Division
Capital expenditure and dividends
Research and development
Purchasing
Group Financial Statements
Income statement
Balance sheet
Statement of recognised income and expense
Cash flow statement
Segment information
Gases Division
Regions
Notes
General principles
Basis of preparation
Principles of consolidation
Acquisitions and disposals
BOC
Malaysian Oxygen Berhad
Hong Kong Oxygen
BOS
ENGI
Asia Union Electronic Chemical
Scope of consolidation
Foreign currency translation
Currencies
Accounting policies
Revenue recognition
Cost of sales
Research and development costs
Financial result
Intangible assets
Tangible assets
Associates and joint ventures
Inventories
Long-term construction contracts
Other assets
Financial instruments
Deferred taxes
Provisions for pensions
Other provisions
Leases
Non-current assets held for sale
Discretionary decisions
Notes to the income statement
Sales
Cost of sales
Other operating income and expenses
Non-recurring items
Income from associates
Financial income and expenses
Taxes on income
Earnings per share
Other information on the Group income statement
Notes to the balance sheet
Goodwill/Intangible assets
Tangible assets
Investments
Inventories
Receivables
Securities
Cash and cash equivalents
Equity
Capital subscribed
Notification of voting rights
Reserves
Cumulative changes
Minority interests
Capital employed
Provisions for pensions
Obligations and Assets
Pension expense
Other provisions
Financial debt
Liabilities from financial services
Trade payables, Other liabilities
Other information
Share option scheme
Performance Share Programme
Management Incentive Programm
Derivative financial instruments
Financial assets
Financial liabilities
Risk positions and risk management
Principles and objectives
Risks
Hedge accounting
Cash flow statement
Segment information
Employees
Approval of the annual financial statements
Approval of the Group financial statements
Related party transactions
Information Supervisory/Executive Board
Declaration Corporate Governance
Contingent liabilities
Auditors' fees and services
Discontinued operations
Reconciliation of key financial figures
Significant Group companies
Companies included in the Group financial statement
Investments accounted for using the equity method
Events after the balance sheet date
Auditors' report