GKN is a global engineering business serving mainly the automotive, industrial, off-highway and aerospace markets. The bulk of our sales are made to vehicle and aircraft manufacturers as well as, in Aerospace, to other major tier one suppliers. We operate in four different business areas: Automotive activities comprise GKN Driveline and Other Automotive companies which supply driveshafts, geared components, torque management devices, structural and engine components and substrates for catalytic converters, largely to vehicle manufacturers in the global car and light vehicle markets. Powder Metallurgy produces powdered metal and sintered components for automotive and other industrial customers. OffHighway mainly designs and manufactures steel wheels and driveline products for the agricultural, construction and mining, and industrial machinery markets. Aerospace activities are concentrated on the production of airframe and engine structures, components and assemblies for both military and civil aerospace markets. The Group has operations in over 30 countries with 38,200 employees in subsidiary and joint ventures companies. In 2009 GKN achieved sales (1) of £4.5 billion and profit (2) of £83 million. (1) Includes share of joint ventures. (2) Excludes restructuring and impairment charges, amortisation of non-operating intangible assets arising on business combinations, profits and losses on the sale or closures of businesses, change in the value of derivative and other financial instruments and other financing charges.