Transcription of 2015 ANNUAL REPORT - Paccar
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2015 ANNUAL REPORT - Paccar
2015 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 88 Management s REPORT on Internal Control Over Financial Reporting 88 REPORT of Independent Registered Public Accounting Firm on the Company s Consolidated Financial Statements 89 REPORT of Independent Registered Public Accounting Firm on the Company s Internal Control Over Financial Reporting 90 Selected Financial Data 90 Com
2 TO OUR SHAREHOLDERS PACCAR is celebrating 110 years of success and delivered record revenue and net profits to its shareholders in 2015. It is a major milestone that speaks eloquently to the steady and consistent
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