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<br /> <br /> Powering Performance<br /> 2011 AnnuAl RepoRt<br /> Exide At A Glance<br /> Financial Highlights 2011<br /> For the Year* 2011 2010<br /> Fiscal 2011 Fiscal 2011<br /> Net Sales by Net Sales by<br /> Product Group Geography<br /> Industrial<br /> Energy<br /> 35%<br /> Europe<br /> Transportation & ROW<br /> 65% 57%<br /> Americas<br /> 43%<br /> 2 POwErING PErFOrMANcE<br /> (in thousands, except per-share data)<br /> Net sales<br /> Gross profit<br /> Operating income<br /> Interest expense, net<br /> Net income (loss) attributable<br /> to Exide Technologies<br /> Basic earnings (loss) per share<br /> Diluted earnings (loss) per share<br /> Balance Sheet Data<br /> (at period end)<br /> Total assets<br /> Total debt<br /> Total stockho<a title="XIDE-20110722-AR-EJK.pdf page 1" href="http://viewer.zmags.com/publication/e90db1fc?page=1"> </a> <a title="XIDE-20110722-AR-EJK.pdf page 2" href="http://viewer.zmags.com/publication/e90db1fc?page=2"> Powering Performance 20</a> <a title="XIDE-20110722-AR-EJK.pdf page 3" href="http://viewer.zmags.com/publication/e90db1fc?page=3"> Exide At A Glance Financial Highlights 2011 For</a> <a title="XIDE-20110722-AR-EJK.pdf page 4" href="http://viewer.zmags.com/publication/e90db1fc?page=4"> Exide 2011 ‘I am now more convinced than ev</a> <a title="XIDE-20110722-AR-EJK.pdf page 5" href="http://viewer.zmags.com/publication/e90db1fc?page=5"> To Our Shareholders My first year as Preside</a> <a title="XIDE-20110722-AR-EJK.pdf page 6" href="http://viewer.zmags.com/publication/e90db1fc?page=6"> Sharpening Our Vision During fiscal 2011, the Exe</a> <a title="XIDE-20110722-AR-EJK.pdf page 7" href="http://viewer.zmags.com/publication/e90db1fc?page=7"> Exide+Global RD&E Research, Development & Enginee</a> <a title="XIDE-20110722-AR-EJK.pdf page 8" href="http://viewer.zmags.com/publication/e90db1fc?page=8"> Exide+Siemens Helping Siemens power energy-efficie</a> <a title="XIDE-20110722-AR-EJK.pdf page 9" href="http://viewer.zmags.com/publication/e90db1fc?page=9"> Exide+Fiat Helping Fiat power efficient performanc</a> <a title="XIDE-20110722-AR-EJK.pdf page 10" href="http://viewer.zmags.com/publication/e90db1fc?page=10"> Exide+Sears Helping Sears power performance throu</a> <a title="XIDE-20110722-AR-EJK.pdf page 11" href="http://viewer.zmags.com/publication/e90db1fc?page=11"> Exide+Our Environment Upholding a proud tradition</a> <a title="XIDE-20110722-AR-EJK.pdf page 12" href="http://viewer.zmags.com/publication/e90db1fc?page=12"> UNITED STATES SECURITIES AND EXCHANGE COMMISSION </a> <a title="XIDE-20110722-AR-EJK.pdf page 13" href="http://viewer.zmags.com/publication/e90db1fc?page=13"> EXIDE TECHNOLOGIES TABLE OF CONTENTS Page </a> <a title="XIDE-20110722-AR-EJK.pdf page 14" href="http://viewer.zmags.com/publication/e90db1fc?page=14"> EXIDE TECHNOLOGIES PART I Item 1. Business </a> <a title="XIDE-20110722-AR-EJK.pdf page 15" href="http://viewer.zmags.com/publication/e90db1fc?page=15"> Citroën), Case/New Holland, BMW, John Deere, Rena</a> <a title="XIDE-20110722-AR-EJK.pdf page 16" href="http://viewer.zmags.com/publication/e90db1fc?page=16"> Telecommunications applications include central a</a> <a title="XIDE-20110722-AR-EJK.pdf page 17" href="http://viewer.zmags.com/publication/e90db1fc?page=17"> has quality audit processes and standards in each</a> <a title="XIDE-20110722-AR-EJK.pdf page 18" href="http://viewer.zmags.com/publication/e90db1fc?page=18"> Company believes its patents and patent applicati</a> <a title="XIDE-20110722-AR-EJK.pdf page 19" href="http://viewer.zmags.com/publication/e90db1fc?page=19"> Industrial Energy Segments The Company be</a> <a title="XIDE-20110722-AR-EJK.pdf page 20" href="http://viewer.zmags.com/publication/e90db1fc?page=20"> Industrial Technologies Sector at Ingersoll Rand </a> <a title="XIDE-20110722-AR-EJK.pdf page 21" href="http://viewer.zmags.com/publication/e90db1fc?page=21"> Available Information The Company maintains a we</a> <a title="XIDE-20110722-AR-EJK.pdf page 22" href="http://viewer.zmags.com/publication/e90db1fc?page=22"> future asset and liability values, and results of</a> <a title="XIDE-20110722-AR-EJK.pdf page 23" href="http://viewer.zmags.com/publication/e90db1fc?page=23"> The remaining portion of the Company's bat</a> <a title="XIDE-20110722-AR-EJK.pdf page 24" href="http://viewer.zmags.com/publication/e90db1fc?page=24"> If the Company is not able to develop new product</a> <a title="XIDE-20110722-AR-EJK.pdf page 25" href="http://viewer.zmags.com/publication/e90db1fc?page=25"> materials; and (3) the cleanup of contaminated pr</a> <a title="XIDE-20110722-AR-EJK.pdf page 26" href="http://viewer.zmags.com/publication/e90db1fc?page=26"> possible causes of climate change are in various </a> <a title="XIDE-20110722-AR-EJK.pdf page 27" href="http://viewer.zmags.com/publication/e90db1fc?page=27"> The Company's substantial indebtedness could adve</a> <a title="XIDE-20110722-AR-EJK.pdf page 28" href="http://viewer.zmags.com/publication/e90db1fc?page=28"> In addition, the ABL facility requires the</a> <a title="XIDE-20110722-AR-EJK.pdf page 29" href="http://viewer.zmags.com/publication/e90db1fc?page=29"> The Company's ability to recognize the benefits o</a> <a title="XIDE-20110722-AR-EJK.pdf page 30" href="http://viewer.zmags.com/publication/e90db1fc?page=30"> expenses, and other costs. These restructuring ac</a> <a title="XIDE-20110722-AR-EJK.pdf page 31" href="http://viewer.zmags.com/publication/e90db1fc?page=31"> Item 2. Properties The chart below lis</a> <a title="XIDE-20110722-AR-EJK.pdf page 32" href="http://viewer.zmags.com/publication/e90db1fc?page=32"> Location Romano Di Lombardia, Italy Lower Hutt, </a> <a title="XIDE-20110722-AR-EJK.pdf page 33" href="http://viewer.zmags.com/publication/e90db1fc?page=33"> PART II Item 5. Market for Registrant's Commo</a> <a title="XIDE-20110722-AR-EJK.pdf page 34" href="http://viewer.zmags.com/publication/e90db1fc?page=34"> Item 6. Selected Financial Data The f</a> <a title="XIDE-20110722-AR-EJK.pdf page 35" href="http://viewer.zmags.com/publication/e90db1fc?page=35"> exacerbated by excess capacity in certain of the </a> <a title="XIDE-20110722-AR-EJK.pdf page 36" href="http://viewer.zmags.com/publication/e90db1fc?page=36"> In Europe, the Company's lead requirements</a> <a title="XIDE-20110722-AR-EJK.pdf page 37" href="http://viewer.zmags.com/publication/e90db1fc?page=37"> Inventory Reserves. The Company adjusts</a> <a title="XIDE-20110722-AR-EJK.pdf page 38" href="http://viewer.zmags.com/publication/e90db1fc?page=38"> environmental reserves and, therefore, additional</a> <a title="XIDE-20110722-AR-EJK.pdf page 39" href="http://viewer.zmags.com/publication/e90db1fc?page=39"> Gross Profit Gross profit was $564.4 mill</a> <a title="XIDE-20110722-AR-EJK.pdf page 40" href="http://viewer.zmags.com/publication/e90db1fc?page=40"> and $10.0 million in fiscal 2011 and 2010, respec</a> <a title="XIDE-20110722-AR-EJK.pdf page 41" href="http://viewer.zmags.com/publication/e90db1fc?page=41"> Unallocated expense detail is shown below: For t</a> <a title="XIDE-20110722-AR-EJK.pdf page 42" href="http://viewer.zmags.com/publication/e90db1fc?page=42"> Fiscal Year Ended March 31, 2010 compared with Fi</a> <a title="XIDE-20110722-AR-EJK.pdf page 43" href="http://viewer.zmags.com/publication/e90db1fc?page=43"> currency translation impact, gross profit decreas</a> <a title="XIDE-20110722-AR-EJK.pdf page 44" href="http://viewer.zmags.com/publication/e90db1fc?page=44"> Income (loss) before income taxes For the Fiscal</a> <a title="XIDE-20110722-AR-EJK.pdf page 45" href="http://viewer.zmags.com/publication/e90db1fc?page=45"> Company evaluates its deferred tax assets and lia</a> <a title="XIDE-20110722-AR-EJK.pdf page 46" href="http://viewer.zmags.com/publication/e90db1fc?page=46"> 2015, the Company may redeem, in whole or in part</a> <a title="XIDE-20110722-AR-EJK.pdf page 47" href="http://viewer.zmags.com/publication/e90db1fc?page=47"> Company under the foreign borrowing base will be </a> <a title="XIDE-20110722-AR-EJK.pdf page 48" href="http://viewer.zmags.com/publication/e90db1fc?page=48"> already high, unexpected costs or increases in co</a> <a title="XIDE-20110722-AR-EJK.pdf page 49" href="http://viewer.zmags.com/publication/e90db1fc?page=49"> Employee Benefit Plans Accounting and Significan</a> <a title="XIDE-20110722-AR-EJK.pdf page 50" href="http://viewer.zmags.com/publication/e90db1fc?page=50"> The Company's ability to utilize financial</a> <a title="XIDE-20110722-AR-EJK.pdf page 51" href="http://viewer.zmags.com/publication/e90db1fc?page=51"> a particular risk, nor is it a party to any lever</a> <a title="XIDE-20110722-AR-EJK.pdf page 52" href="http://viewer.zmags.com/publication/e90db1fc?page=52"> Future Environmental Developments As a re</a> <a title="XIDE-20110722-AR-EJK.pdf page 53" href="http://viewer.zmags.com/publication/e90db1fc?page=53"> Changes in Internal Control Over Financial Report</a> <a title="XIDE-20110722-AR-EJK.pdf page 54" href="http://viewer.zmags.com/publication/e90db1fc?page=54"> PART IV Item 15. Exhibits and Financial State</a> <a title="XIDE-20110722-AR-EJK.pdf page 55" href="http://viewer.zmags.com/publication/e90db1fc?page=55"> SIGNATURES Pursuant to the requirements o</a> <a title="XIDE-20110722-AR-EJK.pdf page 56" href="http://viewer.zmags.com/publication/e90db1fc?page=56"> INDEX TO EXHIBITS 2.1 Joint Plan of R</a> <a title="XIDE-20110722-AR-EJK.pdf page 57" href="http://viewer.zmags.com/publication/e90db1fc?page=57"> 4.12 US General Continuing Guaranty, dat</a> <a title="XIDE-20110722-AR-EJK.pdf page 58" href="http://viewer.zmags.com/publication/e90db1fc?page=58"> †10.47 Restricted Stock Award Agreement, dat</a> <a title="XIDE-20110722-AR-EJK.pdf page 59" href="http://viewer.zmags.com/publication/e90db1fc?page=59"> (This page intentionally left blank)</a> <a title="XIDE-20110722-AR-EJK.pdf page 60" href="http://viewer.zmags.com/publication/e90db1fc?page=60"> EXIDE TECHNOLOGIES AND SUBSIDIARIES INDEX TO FIN</a> <a title="XIDE-20110722-AR-EJK.pdf page 61" href="http://viewer.zmags.com/publication/e90db1fc?page=61"> REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTIN</a> <a title="XIDE-20110722-AR-EJK.pdf page 62" href="http://viewer.zmags.com/publication/e90db1fc?page=62"> EXIDE TECHNOLOGIES AND SUBSIDIARIES CONSOLIDATED</a> <a title="XIDE-20110722-AR-EJK.pdf page 63" href="http://viewer.zmags.com/publication/e90db1fc?page=63"> EXIDE TECHNOLOGIES AND SUBSIDIARIES CONSOLIDATED</a> <a title="XIDE-20110722-AR-EJK.pdf page 64" href="http://viewer.zmags.com/publication/e90db1fc?page=64"> EXIDE TECHNOLOGIES AND SUBSIDIARIES CONSOLIDATED</a> <a title="XIDE-20110722-AR-EJK.pdf page 65" href="http://viewer.zmags.com/publication/e90db1fc?page=65"> EXIDE TECHNOLOGIES AND SUBSIDIARIES CONSOLIDATED</a> <a title="XIDE-20110722-AR-EJK.pdf page 66" href="http://viewer.zmags.com/publication/e90db1fc?page=66"> EXIDE TECHNOLOGIES AND SUBSIDIARIES NOTES TO CON</a> <a title="XIDE-20110722-AR-EJK.pdf page 67" href="http://viewer.zmags.com/publication/e90db1fc?page=67"> EXIDE TECHNOLOGIES AND SUBSIDIARIES NOTES TO CON</a> <a title="XIDE-20110722-AR-EJK.pdf page 68" href="http://viewer.zmags.com/publication/e90db1fc?page=68"> EXIDE TECHNOLOGIES AND SUBSIDIARIES NOTES TO CON</a> <a title="XIDE-20110722-AR-EJK.pdf page 69" href="http://viewer.zmags.com/publication/e90db1fc?page=69"> EXIDE TECHNOLOGIES AND SUBSIDIARIES NOTES TO CON</a> <a title="XIDE-20110722-AR-EJK.pdf page 70" href="http://viewer.zmags.com/publication/e90db1fc?page=70"> EXIDE TECHNOLOGIES AND SUBSIDIARIES NOTES TO CON</a> <a title="XIDE-20110722-AR-EJK.pdf page 71" href="http://viewer.zmags.com/publication/e90db1fc?page=71"> EXIDE TECHNOLOGIES AND SUBSIDIARIES NOTES TO CON</a> <a title="XIDE-20110722-AR-EJK.pdf page 72" href="http://viewer.zmags.com/publication/e90db1fc?page=72"> EXIDE TECHNOLOGIES AND SUBSIDIARIES NOTES TO CON</a> <a title="XIDE-20110722-AR-EJK.pdf page 73" href="http://viewer.zmags.com/publication/e90db1fc?page=73"> EXIDE TECHNOLOGIES AND SUBSIDIARIES NOTES TO CON</a> <a title="XIDE-20110722-AR-EJK.pdf page 74" href="http://viewer.zmags.com/publication/e90db1fc?page=74"> EXIDE TECHNOLOGIES AND SUBSIDIARIES NOTES TO CON</a> <a title="XIDE-20110722-AR-EJK.pdf page 75" href="http://viewer.zmags.com/publication/e90db1fc?page=75"> EXIDE TECHNOLOGIES AND SUBSIDIARIES NOTES TO CON</a> <a title="XIDE-20110722-AR-EJK.pdf page 76" href="http://viewer.zmags.com/publication/e90db1fc?page=76"> EXIDE TECHNOLOGIES AND SUBSIDIARIES NOTES TO CON</a> <a title="XIDE-20110722-AR-EJK.pdf page 77" href="http://viewer.zmags.com/publication/e90db1fc?page=77"> EXIDE TECHNOLOGIES AND SUBSIDIARIES NOTES TO CON</a> <a title="XIDE-20110722-AR-EJK.pdf page 78" href="http://viewer.zmags.com/publication/e90db1fc?page=78"> EXIDE TECHNOLOGIES AND SUBSIDIARIES NOTES TO CON</a> <a title="XIDE-20110722-AR-EJK.pdf page 79" href="http://viewer.zmags.com/publication/e90db1fc?page=79"> EXIDE TECHNOLOGIES AND SUBSIDIARIES NOTES TO CON</a> <a title="XIDE-20110722-AR-EJK.pdf page 80" href="http://viewer.zmags.com/publication/e90db1fc?page=80"> EXIDE TECHNOLOGIES AND SUBSIDIARIES NOTES TO CON</a> <a title="XIDE-20110722-AR-EJK.pdf page 81" href="http://viewer.zmags.com/publication/e90db1fc?page=81"> EXIDE TECHNOLOGIES AND SUBSIDIARIES NOTES TO CON</a> <a title="XIDE-20110722-AR-EJK.pdf page 82" href="http://viewer.zmags.com/publication/e90db1fc?page=82"> EXIDE TECHNOLOGIES AND SUBSIDIARIES NOTES TO CON</a> <a title="XIDE-20110722-AR-EJK.pdf page 83" href="http://viewer.zmags.com/publication/e90db1fc?page=83"> EXIDE TECHNOLOGIES AND SUBSIDIARIES NOTES TO CON</a> <a title="XIDE-20110722-AR-EJK.pdf page 84" href="http://viewer.zmags.com/publication/e90db1fc?page=84"> EXIDE TECHNOLOGIES AND SUBSIDIARIES NOTES TO CON</a> <a title="XIDE-20110722-AR-EJK.pdf page 85" href="http://viewer.zmags.com/publication/e90db1fc?page=85"> EXIDE TECHNOLOGIES AND SUBSIDIARIES NOTES TO CON</a> <a title="XIDE-20110722-AR-EJK.pdf page 86" href="http://viewer.zmags.com/publication/e90db1fc?page=86"> EXIDE TECHNOLOGIES AND SUBSIDIARIES NOTES TO CON</a> <a title="XIDE-20110722-AR-EJK.pdf page 87" href="http://viewer.zmags.com/publication/e90db1fc?page=87"> EXIDE TECHNOLOGIES AND SUBSIDIARIES NOTES TO CON</a> <a title="XIDE-20110722-AR-EJK.pdf page 88" href="http://viewer.zmags.com/publication/e90db1fc?page=88"> EXIDE TECHNOLOGIES AND SUBSIDIARIES NOTES TO CON</a> <a title="XIDE-20110722-AR-EJK.pdf page 89" href="http://viewer.zmags.com/publication/e90db1fc?page=89"> EXIDE TECHNOLOGIES AND SUBSIDIARIES NOTES TO CON</a> <a title="XIDE-20110722-AR-EJK.pdf page 90" href="http://viewer.zmags.com/publication/e90db1fc?page=90"> EXIDE TECHNOLOGIES AND SUBSIDIARIES NOTES TO CON</a> <a title="XIDE-20110722-AR-EJK.pdf page 91" href="http://viewer.zmags.com/publication/e90db1fc?page=91"> EXIDE TECHNOLOGIES AND SUBSIDIARIES NOTES TO CON</a> <a title="XIDE-20110722-AR-EJK.pdf page 92" href="http://viewer.zmags.com/publication/e90db1fc?page=92"> EXIDE TECHNOLOGIES AND SUBSIDIARIES NOTES TO CON</a> <a title="XIDE-20110722-AR-EJK.pdf page 93" href="http://viewer.zmags.com/publication/e90db1fc?page=93"> EXIDE TECHNOLOGIES AND SUBSIDIARIES NOTES TO CON</a> <a title="XIDE-20110722-AR-EJK.pdf page 94" href="http://viewer.zmags.com/publication/e90db1fc?page=94"> EXIDE TECHNOLOGIES AND SUBSIDIARIES NOTES TO CON</a> <a title="XIDE-20110722-AR-EJK.pdf page 95" href="http://viewer.zmags.com/publication/e90db1fc?page=95"> EXIDE TECHNOLOGIES AND SUBSIDIARIES NOTES TO CON</a> <a title="XIDE-20110722-AR-EJK.pdf page 96" href="http://viewer.zmags.com/publication/e90db1fc?page=96"> EXIDE TECHNOLOGIES AND SUBSIDIARIES NOTES TO CON</a> <a title="XIDE-20110722-AR-EJK.pdf page 97" href="http://viewer.zmags.com/publication/e90db1fc?page=97"> EXIDE TECHNOLOGIES AND SUBSIDIARIES NOTES TO CON</a> <a title="XIDE-20110722-AR-EJK.pdf page 98" href="http://viewer.zmags.com/publication/e90db1fc?page=98"> EXIDE TECHNOLOGIES AND SUBSIDIARIES NOTES TO CON</a> <a title="XIDE-20110722-AR-EJK.pdf page 99" href="http://viewer.zmags.com/publication/e90db1fc?page=99"> EXIDE TECHNOLOGIES AND SUBSIDIARIES Valuation an</a> <a title="XIDE-20110722-AR-EJK.pdf page 100" href="http://viewer.zmags.com/publication/e90db1fc?page=100"> Corporate Information Exide Technologies 13</a> <a title="XIDE-20110722-AR-EJK.pdf page 101" href="http://viewer.zmags.com/publication/e90db1fc?page=101"> 13000 Deerfield Parkway Building 200 Milton, GA 30</a>