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Net sales and non-current assets by country
CHF million
Net sales
2015
Net sales
2014
Non-current assets
31.12.2015
Non-current assets
31.12.2014
Switzerland
1
2.3
1.5
37.7
41.3
USA
745.3
626.3
180.1
156.8
Germany
198.6
244.6
9.1
7.1
Great Britain
183.5
177.7
17.0
16.1
China
162.2
125.7
43.8
38.5
Remaining countries
794.1
778.9
155.6
159.9
Total
2 085.9
1 954.7
443.3
419.7
1
Domicile of Autoneum Holding Ltd.
Net sales are disclosed by location of customers. Non-current assets consist of tangible assets
and intangible assets.
The following customers accounted for more than 10% of annual net sales in 2015 or in 2014:
Net sales to major customers
CHF million
2015
2014
Ford
416.7
327.5
Honda
223.6
201.6
BMW
197.9
213.3
Information on sales by product group is not available. The major customers generate turnover
in all geographic segments.
5 Employee expenses
CHF million
2015
2014
Wages and salaries
415.7
389.1
Social security expenses
80.1
65.7
Pension expenses for defined contribution plans
11.3
7.4
Pension expenses for defined benefit plans
5.8
5.1
Other personnel expenses
32.3
32.5
Total
545.2
499.8
Autoneum started a long-term incentive plan (LTI) for the management in 2012. Part of Autoneum’s
net profit is converted into Autoneum shares, and the shares are allocated to defined beneficiaries.
The shares become property of the beneficiaries after a vesting period of three years, if the benefi-
ciaries are then still employed by an Autoneum company. Immediate vesting occurs in case of death or
retirement of the beneficiary. In case of employment termination, shares not yet vested lapse without
compensation. Exceptions are possible at the discretion of the Nomination and Compensation Com-
mittee. The first vesting date was in spring 2015. Employee expenses resulting from share-based
80
Autoneum
Financial Report 2015
Consolidated financial statements