1、Global fi rst.ANNUAL REPORTFiscal year ended March 31,2011Our vision is to bethe partner of choice for customers operating in complex mission-critical environments by providing the most accessible and most innovative modelling and simulation-based solutions to enhance safety,improve efficiency,and h
2、elp solve challenging problems.Corporate ProfileFinancial HighlightsGlobal ReachChairmans MessageMessage to ShareholdersCAEs Emerging Markets Footprint Civil DefenceNew Core MarketsSocial ResponsibilityFinancial ReviewManagements Discussion and Analysis Managements Report on Internal Control over Fi
3、nancial ReportingIndependent Auditors ReportConsolidated Financial StatementsNotes to Consolidated Financial StatementsBoard of Directors and OfficersShareholder and Investor InformationForward-Looking Statements1124610122639434547102 102104110 157158159CAE Annual Report 2011|1Corporate ProfileCAE(T
4、SX:CAE;NYSE:CAE)is a global leader in modeling,simulation and training for civil aviation and defence.The company employs more than 7,500 people at more than 100 sites and training locations in more than 20 countries.Through CAEs global network of 32 civil aviation,military and helicopter training c
5、entres,the company trains more than 80,000 crewmembers yearly.CAEs business is diversified,ranging from the sale of simulation products to providing comprehensive services such as training and aviation services,professional services and in-service support.The company aims to apply its simulation exp
6、ertise and operational experience to help customers enhance safety,improve efficiency,maintain readiness and solve challenging problems.CAE is now leveraging its simulation capabilities in new markets such as healthcare and (amounts in millions,except per share amounts)2011 2010 2009Operating result