frequentis_annual report 2004 communication and information solutions for a safer world imprint editor frequentis gmbh concept & wording corporate communications graphic design cdc communicationdesignconsulting photos air canada cai jiejie belgian defence db ag lautenschläger freelens pool kreutzer archiv getty images image industries print donau forum druck 2004_03 04 07 08 10 29 34 35 foreword from the board of management year at glance overview group business overall development company financial highlights success around our product service portfolio atm_air traffic area pst_public safety transport research risk employees outlook annual accounts in figures auditor audit certificate supervisory 12 17 19 20 23 26 27 28 contents 04_2004 it has to be said that prevailing situation was not particularly auspicious against background persistently sluggish global economy changing conditions on markets relevant ongoing struc ture is facing various challenges this makes fact we concluded an
