Transcription of 2014 ANNUAL REPORT - Paccar
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2014 ANNUAL REPORT - Paccar
2014 ANNUAL REPORTSTATEMENT OF COMPANY BUSINESS 1 Financial Highlights 2 Message from the Executive Chairman 4 Message from the Chief Executive Officer 8 Paccar Operations 24 Financial Charts 25 Stockholder Return Performance Graph 26 Management s Discussion and Analysis 50 Consolidated Statements of Income 51 Consolidated Statements of Comprehensive Income 52 Consolidated Balance Sheets 54 Consolidated Statements of Cash Flows 55 Consolidated Statements of Stockholders Equity 56 Notes to Consolidated Financial Statements 90 Management s REPORT on Internal Control Over Financial Reporting 90 REPORT of Independent Registered Public Accounting Firm on the Company s Consolidated Financial Statements 91 REPORT of Independent Registered Public Acco
5 ACCAR expanded its investment in the BRIC countries (Brasil, Russia, India, China) in 2014. The P company’s new DAF factory in Ponta Grossa, Brasil completed its first full year of truck production.
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