CAE Inc. (CAE) 2005年年度报告「TSX」.pdf

1、“Doing the right thing.”CAE ANNUAL REPORT FOR THE YEAR ENDED MARCH 31,2005“Doing the right thing.”CAE ANNUAL REPORT FOR THE YEAR ENDED MARCH 31,2005CORPORATE PROFILECAE is a leading provider of simulation and modelling technologies as well as integrated training services for commercial and business

2、aviation,and defence customers worldwide.The Company has annual revenues of approximately C$1 billion,with operations and training facilities in 17 countries on five continents.CAES NETWORK02 Chairmans Message04 President and CEOs Message08 Simulation Products10 Military Simulation and Training12 Ci

3、vil Training and Services14 Focus on Technology and Services16 Review of Operations17 2005 Financial Review18 Managements Discussion and Analysis42 Selected Financial Information43 Management and Auditors Reports 44 Consolidated Financial Statements 47 Notes to Consolidated Financial Statements87 Co

4、rporate Governance88 Community Involvement89 Tribute to a Pioneer 90 CEO Excellence Awards 91 Board of Directors and Officers 92 Shareholder and Investor Information CORPORATEMontreal,Canada SIMULATION PRODUCTSMontreal,Canada Tampa,U.S.A.Stolberg,GermanyBurgess Hill,U.K.Sydney,AustraliaBangalore,Ind

5、iaMILITARY SIMULATION AND TRAININGMontreal,CanadaOttawa,CanadaTampa,U.S.A.Stolberg,GermanyBckeburg,Germany*Fassberg,Germany*Holzdorf,Germany*Burgess Hill,U.K.RAF Benson,U.K.Sydney,Australia Sesto Calende,Italy*CIVIL TRAINING AND SERVICESCharlotte,U.S.A.Dallas,U.S.A.Denver,U.S.A.Miami,U.S.A.Morris Co

6、unty,U.S.A.*Phoenix,U.S.A.Seattle,U.S.A.Washington,U.S.A.Montreal,Canada Toronto,Canada Vancouver,Canada So Paulo,Brazil Santiago,ChileKuala Lumpur,Malaysia*Singapore Zhuhai,China Dubai,United Arab EmiratesAmsterdam,The Netherlands Maastricht,The Netherlands Brussels,Belgium Madrid,Spain Rome,Italy