默克集团Merck Group（MRK）2025年年度财报「FWB」（英文版）（359页）.pdf

1、Annual Financial Statements2025 Table of contents Combined Management Report 4 Fundamental Information about the Group 4 Company Profile and Structure 15 Strategy 22 Internal Management System 29 Research and Development 41 Report on Economic Position 41 Macroeconomic and Sector-Specific Environment

2、 45 Review of Forecast against Actual Business Development 49 Course of Business and Economic Position 49 Merck Group 60 Life Science 64 Healthcare 69 Electronics 73 Corporate and Other 74 Report on Risks and Opportunities 94 Report on Expected Developments 97 Report in accordance with section 315a

3、of the German Commercial Code(HGB)100 Sustainability Statement 101 General 133 Environment 203 Social 271 Governance 292 Additional Information on Merck KGaA in accordance with the German Commercial Code(HGB)Annual Financial Statements 298 Income Statement for the Period from January 1 to December 3

4、1,2024 299 Balance Sheet as of December 31,2024 300 Notes for the Fiscal Year 2024 300 General Disclosures 301 Notes to the Income Statement 305 Notes to the Balance Sheet 315 Other Disclosures 320 Members of the Executive Board of Merck KGaA 321 Members of the Supervisory Board of Merck KGaA 323 No

5、tification of voting rights in accordance with section 160(1)no.8 of the German Stock Corporation Act(AktG)324 List of Shareholdings of Merck KGaA as of December 31,2024 343 Reproduction of the Independent Auditors Report 351 Responsibility Statement in Accordance with Section 264(2)Sentence 3 HGB a

6、nd Section 289(1)Sentence 5 HGB 352 Report of the Supervisory Board 358 Financial Calendar Combined Management Reporta 4 Fundamental Information about the Group 4 Company Profile and Structure 15 Strategy 22 Internal Management System 29 Research and Development 41 Report on Economic Position 41 Mac