Annual Report 2021
Annual Report
2021
de
Suche
Hauptmenü
Main menu
Home
Business Report
Business Report
Business year at a glance
Editorial
Geberit share information
Management structure
Business and financial review
Business and financial review
Strategy and goals
Strategy and goals
Strategy
Strategic success factors
Medium-term goals
Value-oriented management
Risk management
Financial Year 2021
Financial Year 2021
Market environment
Geberit and COVID-19
Net sales
Results
Financial structure
Investments
Employees
Customers
Innovation
Production
Procurement and logistics
Sustainability
New CO
2
strategy
Compliance
Social responsibility
Changes in Group structure
Outlook
Corporate Governance
Corporate Governance
1. Group structure and shareholders
2. Capital structure
3. Board of Directors
4. Group Executive Board
5. Compensations, shareholdings and loans
6. Participatory rights of shareholders
7. Changes of control and defence measures
8. Auditors
9. Information policy
10. Blackout periods
Remuneration Report
Remuneration Report
1. Introduction
2. Foreword by the Chair of the Nomination & Compensation Committee
3. Remuneration at a glance
4. Determination of remuneration
5. Remuneration architecture
6. Board of Directors: remuneration and share ownership in 2021
7. Group Executive Board: remuneration and share/option ownership in 2021
8. Summary of share and option plans 2021
9. Summary of shares and options held by management and employees as of 31 December 2021
10. Report of the statutory auditor
Financials
Financials
Financial year at a glance
10-year key figures
Consolidated Financial Statements Geberit Group
Consolidated Financial Statements Geberit Group
Balance Sheet
Income Statements
Statements of Comprehensive Income and Changes in Equity
Statements of Cashflows
Notes to the Consolidated Financial Statements
Notes to the Consolidated Financial Statements
1
Basic information
2
Changes in Group structure
3
Summary of significant accounting policies
4
Risk assessment and management
5
Management of capital
6
Trade accounts receivable
7
Other current assets and current financial assets
8
Inventories
9
Property, plant and equipment
10
Other non-current assets and non-current financial assets
11
Goodwill and intangible assets
12
Short-term debt
13
Other current liabilities and provisions
14
Long-term debt
15
Financial instruments
16
Retirement benefit plans
17
Participation plans
18
Deferred tax assets and liabilities
19
Other non-current liabilities and provisions
20
Contingencies
21
Capital stock and treasury shares
22
Earnings per share
23
Other operating expenses, net
24
Financial result, net
25
Income tax expenses
26
Research and development cost
27
Free Cashflow
28
Segment reporting
29
Related party transactions
30
Foreign exchange rates
31
Subsequent events
32
Group companies as of 31 December 2021
Report of the statutory auditor
Financial statements Geberit AG
Financial statements Geberit AG
Balance sheets
Income statements
Notes to the financial statements
Notes to the financial statements
1. Standards
2. Other statutory disclosures
3. Profit distribution
Report of the statutory auditor
Sustainability
Sustainability
Sustainability at a glance
CEO statement on sustainability
Materiality analysis
Sustainability strategy
Sustainability performance report
Sustainability performance report
1. Introduction
2. Strategy and Analysis
2. Strategy and Analysis
GRI 102-14
CEO statement on sustainability
GRI 102-15
Key impacts, risks and opportunities
3. Organisational Profile
3. Organisational Profile
GRI 102-1
Name of the organisation
GRI 102-2
Activities, brands, products and services
GRI 102-3
Location of headquarters
GRI 102-4
Location of operations
GRI 102-5
Ownership and legal form
GRI 102-6
Markets served
GRI 102-7
Scale of the reporting organisation
GRI 102-8
Composition of the workforce
GRI 102-10
Structural changes
GRI 102-11
Consideration of the precautionary approach
GRI 102-12
External initiatives
GRI 102-13
Membership of associations
4. Ethics and Integrity
4. Ethics and Integrity
GRI 102-16
Values, directives, standards and codes of conduct
GRI 102-17
Ethical advice and concerns
5. Governance
5. Governance
GRI 102-18
Governance structure
GRI 102-19
Delegation of authority on economic, environmental and social matters
GRI 102-20
Responsibility for economic, environmental and social matters
GRI 102-21
Consultation process between stakeholders and the Board of Directors
GRI 102-22
Composition of the highest governance body and its committees
GRI 102-23
Separation of Chair of Board of Directors and Executive Management
GRI 102-24
Nomination and selection process of the Board of Directors
GRI 102-25
Processes in place for the Board of Directors to avoid conflicts of interest
GRI 102-26
Role of top management and Board of Directors in development of guiding principles and strategies
GRI 102-27
Enhancement of top management’s and Board of Directors’ related know-how on economic, environmental and social issues
GRI 102-28
Processes for evaluation of the sustainability performance of the Board of Directors
GRI 102-29
Board level procedures for overseeing sustainability performance
GRI 102-30
Effectiveness of the risk management process
GRI 102-31
Frequency of review of impacts, risks and opportunities in the area of sustainability
GRI 102-32
Review and approval of sustainability reporting
GRI 102-33
Procedures for communicating critical concerns to the Board
GRI 102-34
Nature and total number of critical concerns communicated to the Board
GRI 102-35
Remuneration policies for the governance bodies
GRI 102-36
Processes for determining remuneration
GRI 102-37
Stakeholders’ involvement in decisions regarding remuneration
GRI 102-38
Ratio of annual remuneration paid
GRI 102-39
Ratio of percentage increase in annual remuneration paid
6. Stakeholder Engagement
6. Stakeholder Engagement
GRI 102-40
Relevant stakeholder groups
GRI 102-41
Collective bargaining agreements
GRI 102-42
Identification and selection of stakeholders
GRI 102-43
Approaches to stakeholder engagement
GRI 102-44
Response to and dealing with key topics and concerns of stakeholders
7. Reporting Practice
7. Reporting Practice
GRI 102-45
Basis of consolidation
GRI 102-46
Report content and topic boundaries
GRI 102-47
List of material topics
GRI 102-48
Restatements of information
GRI 102-49
Changes in reporting
GRI 102-50
Reporting period
GRI 102-51
Date of most recent report
GRI 102-52
Reporting cycle
GRI 102-53
Contact point for questions regarding the report
GRI 102-54
Compliance with GRI Standards
GRI 102-56
External assurance
8. People
8. People
8.1 Employees
8.2 Society
9. Planet
10. Profit
10. Profit
10.1 Products and innovation
10.2 Operations
10.3 Economic Performance
10.4 Customers
Key figures sustainability
Key figures sustainability
Environment
Employees and society
10-year key figures environment
Reporting Standards
Reporting Standards
GRI Content Index
SASB Content Index
SDG Reporting
Communication on Progress UNGC
Highlights
Highlights
Competencies
Competencies
A visit to the sheet metal experts
Let there be light
Quality comes first
Products
Products
Simply more space
Digital planning
Rimfree – clean and elegant
New, elegant designs
Perfect flow
AquaClean on course for success
Choice is important
References
References
A new media temple
Luxury at the Grand Hôtel
Connecting people
New look for the Start House
All-round excellence
Haute couture on the Amstel
SuperTube revolution in Dubai
Employees
Employees
Life in the digital fast lane
Fatima became an engineer
Married couple in training at Geberit
On the road in East Africa
The man for practical trials
A challenge in Basel
In the talent factory
Dream job in Dubai
“It always remained exciting”
Raring to go
Markets
Markets
A world of innovation
25 years of Geberit in China
Promoting the shower toilet
Sustainability
Sustainability
Less is more
A commitment to sustainable action
Careful handling of plastic
For a good cause
Business Report
Home
Business year at a glance
Editorial
Geberit share information
Management structure
Business and financial review
Business and financial review
Strategy and goals
Strategy and goals
Strategy
Strategic success factors
Medium-term goals
Value-oriented management
Risk management
Financial Year 2021
Financial Year 2021
Market environment
Geberit and COVID-19
Net sales
Results
Financial structure
Investments
Employees
Customers
Innovation
Production
Procurement and logistics
Sustainability
New CO
2
strategy
Compliance
Social responsibility
Changes in Group structure
Outlook
Corporate Governance
Corporate Governance
1. Group structure and shareholders
2. Capital structure
3. Board of Directors
4. Group Executive Board
5. Compensations, shareholdings and loans
6. Participatory rights of shareholders
7. Changes of control and defence measures
8. Auditors
9. Information policy
10. Blackout periods
Remuneration Report
Remuneration Report
1. Introduction
2. Foreword by the Chair of the Nomination & Compensation Committee
3. Remuneration at a glance
4. Determination of remuneration
5. Remuneration architecture
6. Board of Directors: remuneration and share ownership in 2021
7. Group Executive Board: remuneration and share/option ownership in 2021
8. Summary of share and option plans 2021
9. Summary of shares and options held by management and employees as of 31 December 2021
10. Report of the statutory auditor
Financials
Home
Financial year at a glance
10-year key figures
Consolidated Financial Statements Geberit Group
Consolidated Financial Statements Geberit Group
Balance Sheet
Income Statements
Statements of Comprehensive Income and Changes in Equity
Statements of Cashflows
Notes to the Consolidated Financial Statements
Report of the statutory auditor
Financial statements Geberit AG
Financial statements Geberit AG
Balance sheets
Income statements
Notes to the financial statements
Notes to the financial statements
1. Standards
2. Other statutory disclosures
3. Profit distribution
Report of the statutory auditor
Sustainability
Home
Sustainability at a glance
CEO statement on sustainability
Materiality analysis
Sustainability strategy
Sustainability performance report
Sustainability performance report
1. Introduction
2. Strategy and Analysis
2. Strategy and Analysis
GRI 102-14
CEO statement on sustainability
GRI 102-15
Key impacts, risks and opportunities
3. Organisational Profile
3. Organisational Profile
GRI 102-1
Name of the organisation
GRI 102-2
Activities, brands, products and services
GRI 102-3
Location of headquarters
GRI 102-4
Location of operations
GRI 102-5
Ownership and legal form
GRI 102-6
Markets served
GRI 102-7
Scale of the reporting organisation
GRI 102-8
Composition of the workforce
GRI 102-10
Structural changes
GRI 102-11
Consideration of the precautionary approach
GRI 102-12
External initiatives
GRI 102-13
Membership of associations
4. Ethics and Integrity
4. Ethics and Integrity
GRI 102-16
Values, directives, standards and codes of conduct
GRI 102-17
Ethical advice and concerns
5. Governance
5. Governance
GRI 102-18
Governance structure
GRI 102-19
Delegation of authority on economic, environmental and social matters
GRI 102-20
Responsibility for economic, environmental and social matters
GRI 102-21
Consultation process between stakeholders and the Board of Directors
GRI 102-22
Composition of the highest governance body and its committees
GRI 102-23
Separation of Chair of Board of Directors and Executive Management
GRI 102-24
Nomination and selection process of the Board of Directors
GRI 102-25
Processes in place for the Board of Directors to avoid conflicts of interest
GRI 102-26
Role of top management and Board of Directors in development of guiding principles and strategies
GRI 102-27
Enhancement of top management’s and Board of Directors’ related know-how on economic, environmental and social issues
GRI 102-28
Processes for evaluation of the sustainability performance of the Board of Directors
GRI 102-29
Board level procedures for overseeing sustainability performance
GRI 102-30
Effectiveness of the risk management process
GRI 102-31
Frequency of review of impacts, risks and opportunities in the area of sustainability
GRI 102-32
Review and approval of sustainability reporting
GRI 102-33
Procedures for communicating critical concerns to the Board
GRI 102-34
Nature and total number of critical concerns communicated to the Board
GRI 102-35
Remuneration policies for the governance bodies
GRI 102-36
Processes for determining remuneration
GRI 102-37
Stakeholders’ involvement in decisions regarding remuneration
GRI 102-38
Ratio of annual remuneration paid
GRI 102-39
Ratio of percentage increase in annual remuneration paid
6. Stakeholder Engagement
6. Stakeholder Engagement
GRI 102-40
Relevant stakeholder groups
GRI 102-41
Collective bargaining agreements
GRI 102-42
Identification and selection of stakeholders
GRI 102-43
Approaches to stakeholder engagement
GRI 102-44
Response to and dealing with key topics and concerns of stakeholders
7. Reporting Practice
7. Reporting Practice
GRI 102-45
Basis of consolidation
GRI 102-46
Report content and topic boundaries
GRI 102-47
List of material topics
GRI 102-48
Restatements of information
GRI 102-49
Changes in reporting
GRI 102-50
Reporting period
GRI 102-51
Date of most recent report
GRI 102-52
Reporting cycle
GRI 102-53
Contact point for questions regarding the report
GRI 102-54
Compliance with GRI Standards
GRI 102-56
External assurance
8. People
8. People
8.1 Employees
8.2 Society
9. Planet
10. Profit
10. Profit
10.1 Products and innovation
10.2 Operations
10.3 Economic Performance
10.4 Customers
Key figures sustainability
Key figures sustainability
Environment
Employees and society
10-year key figures environment
Reporting Standards
Reporting Standards
GRI Content Index
SASB Content Index
SDG Reporting
Communication on Progress UNGC
Highlights
Competencies
Products
References
Employees
Markets
Sustainability
All Highlights
Downloads
Chart generator
GRI Content Index
Home
services
Services
Downloads
Chart Generator
Back to top
Share page
Facebook
Twitter
LinkedIn
Xing
E-Mail
