Koenig & Bauer AG Financial Statements For 2011

Consolidated payroll below 6,000
At the end of 2011 there were 6,408 permanent employees (including 428 apprentices) on the KBA payroll. Excluding the newly consolidated subsidiaries there would have been 71 fewer. Once all downsizing measures have been completed the KBA group in its present composition will have well below 6,000 employees. However, to maintain the high standard of qualifications necessary for such a technologically sophisticated line of business KBA invests a higher than average percentage of earnings in training. Last year 6.7 percent of the workforce was in training, compared to 6.5 percent in 2010.