Notes to the Consolidated Financial Statements as at December 31, 2003 and 2002

A. General    B. Summary of significant Accounting Policies    C. Acquisitions    D. Accounting and Valuation Principles    Intangible Assets    Property, Plant and Equipment    Financial Assets and Investments in associated Companies    Finished Goods, Work in Progress, Raw Materials    Construction Contracts    Trade Accounts Receivable    Marketable Securities    Cash and Cash Equivalents    Share Capital    Capital Reserves    Provisions    Other Accounting and Valuation Principles    Foreign currency    Employee Benefits    Income Taxes    E. Segments    F. Contingencies    G. Notes to the Balance Sheet    Changes in fixed and financial assets    Inventories    Advance payments made    Trade Accounts Receivable    Construction contracts    Other Receivables    Statement of Receivables    Retained Earnings    Provisions    Employee Benefit Obligations    Statement of Liabilities    Other Liabilities    H. Notes to the Consolidated Income Statement    Sales    Other Operating Income    Personnel Expenses    Other Operating Expenses    Financial Results    Income Taxes    Earnings per Share    I. Segment Information    J. Notes to Cash Flow Statements    K. Financial Instruments    Foreign Exchange Risk Management    Liquidity Risks    Credit Risks    Interest Risk    Fair Value of Financial Instruments    L. Leases    M. Commitments    N. Contingent Liabilities    Litigation    Other    O. Related Party Transactions    P. List of Consolidated Subsidiaries