Burckhardt Compression : Annual Report 2021

ANNUAL REPORT 2021

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(Bildbearbeitung: Lesbarkeit Claim)

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Annual Report 2021

Burckhardt Compression

Table of contents

REPORT SECTION

02 At a Glance

1. Milestones 2021

1. International

1. Letter to Shareholders

1. Key Figures
2. Our Company

1. Our Strategy

1. Systems Division

1. Services Division

30 SUSTAINABILITY

32 Story #1:

Creating impacts where they matter

34 Story #2:

Innovation to tackle the energy transition

38 Sustainability Report 2021

1. 1. GREENHOUSE GAS EMISSIONS AND CLIMATE CHANGE

1. 2. ENERGY USE AND EFFICIENCY
2. 3. LONGEVITY AND CYCLABILITY

1. 4. ENVIRONMENTAL IMPACTS OF APPLICATION PURPOSE

1. 5. WORKING CONDITIONS

1. 6. OCCUPATIONAL HEALTH AND SAFETY

1. 7. PRODUCT SAFETY
2. 8. BUSINESS CONDUCT
3. OUR COMMITMENT

1. Extended key figures

1. GRI content index

1. SASB Mapping

1. CORPORATE GOVERNANCE
2. 1. GROUP STRUCTURE AND SHAREHOLDERS
   2. CAPITAL STRUCTURE

1. 3. BOARD OF DIRECTORS
2. BOARD MEMBERS

1. 4. EXECUTIVE MANAGEMENT
2. EXECUTIVE MEMBERS

1. 5. COMPENSATION, SHAREHOLDINGS AND LOANS
2. 1. SHAREHOLDERS' PARTICIPATION RIGHTS
   2. CHANGES OF CONTROL AND DEFENSIVE MEASURES
   3. AUDITORS
3. 9. INFORMATION POLICY
4. 1. QUIET PERIODS
5. COMPENSATION

REPORT

81 1. BASIS

1. COMPENSATION POLICY
2. ORGANIZATION, DUTIES AND POWERS
3. COMPENSATION SYSTEM

83 5. COMPENSATION PAID WITH COMPARATIVE FIGURES FOR THE PREVIOUS YEAR

1. 6. OVERVIEW OF SHAREHOLDINGS AND DISTRIBUTED SHARES
2. 7. TRANSACTIONS WITH THE BOARD OF DIRECTORS, THE EXECUTIVE MANAGEMENT AND RELATED PARTIES
3. 1. MOTIONS FOR THE ANNUAL GENERAL MEETING
   2. EVALUATION OF THE COMPENSATION SYSTEM
4. REPORT OF THE STATUTORY AUDITOR TO THE GENERAL MEETING

88 FINANCIAL REPORT

90	Consolidated income statement	113	22.	OTHER CURRENT LIABILITIES
91	Consolidated balance sheet		23.	ACCRUED LIABILITIES AND DEFERRED INCOME
92	Consolidated cash flow statement		24.	DERIVATIVE FINANCIAL INSTRUMENTS
93	Consolidated statement of changes in equity		25.	CONTINGENT LIABILITIES
	(Bildbearbeitung: Himmel ansetzen, wenig Wolken und aufhellen.
94	Notes to the Consolidat d Fi ancial	114	26.	COMMITMENTS
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	Statements		27.	PLEDGED ASSETS

1. GENERAL INFORMATION
2. ACCOUNTING POLICIES

1. 3. FINANCIAL RISK MANAGEMENT
2. 4. BUSINESS COMBINATIONS AND OTHER CHANGES IN THE SCOPE OF CONSOLIDATION
3. 5. SEGMENT REPORTING

1. 6. PERSONNEL EXPENSES
2. 1. RESEARCH AND DEVELOPMENT EXPENSES
   2. OTHER OPERATING INCOME AND EXPENSES
3. 9. FINANCIAL INCOME AND EXPENSES
4. 1. INCOME TAXES

106 11. EARNINGS PER SHARE

12. INTANGIBLE ASSETS

1. 13. PROPERTY, PLANT & EQUIPMENT
2. 14. OTHER FINANCIAL ASSETS
3. 1. INVENTORIES
   2. TRADE RECEIVABLES
4. 17. OTHER CURRENT RECEIVABLES
5. 18. SHARE CAPITAL AND TREASURY SHARES
6. 1. FINANCIAL LIABILITIES
7. 20. PROVISIONS

(Bildbearbeitung:21. OTHER NON-CURRENTLesbarkeitLIABILITIES Claim)

1. SHARE-BASEDPAYMENTS
2. RELATED PARTY TRANSACTIONS

1. 30. EMPLOYEE BENEFIT OBLIGATIONS
2. 1. IMPACTS OF THE CONFLICT BETWEEN RUSSIA AND UKRAINE
   2. EVENTS AFTER THE BALANCE SHEET DATE
3. 33. GROUP COMPANIES AND ASSOCIATES

118 REPORT ON THE AUDIT OF THE FINANCIAL REPORT (CONSOLIDATED FINANCIAL STATEMENTS)

122 Financial Statements of Burckhardt Compression Holding AG, Winterthur

BALANCE SHEET

123 INCOME STATEMENT

NOTES TO THE FINANCIAL STATEMENTS OF BURCKHARDT COMPRESSION HOLDING AG

128 REPORT ON THE AUDIT OF THE FINANCIAL STATEMENTS OF BURCKHARDT COMPRESSION HOLDING AG, WINTERTHUR (FINANCIAL STATEMENTS)

131 Glossary/Imprint

Burckhardt Compression is the worldwide market leader for reciprocating compressor systems and the only manufacturer and service provider that covers a full range of reciprocating compressor technologies and services. Its customized and standard compressor systems are used in the gas gathering and processing, gas transport and storage, refinery, chemical, petrochemical, industrial gas and hydrogen mobility and energy markets. Since 1844 its highly skilled workforce has crafted superior solutions and set the benchmark in the gas compression industry.

ONLINE REPORT report.burckhardtcompression.com

Table of contents

02

30

66

REPORT SECTION SUSTAINABILITY

CORPORATE

GOVERNANCE

80 COMPENSATION REPORT

88 FINANCIAL REPORT

Cover:

LNG Tanker Rainbow Flex Photo of Benjamin Seeger, Field Service Coordinator on his way to his next job site on board the Rainbow Flex.

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Annual Report 2021

Burckhardt Compression