Novartis Group 2005 Annual Report Cover Financial Highlights News Letter From Daniel Vasella Business Overview Business Stories Introduction Commitment to Patients Commitment to Our People Commitment to Health Commitment to Ethical Business Conduct Commitment to Corporate Governance Board of Directors Executive Committee Business Unit Heads Contents Operating & Financial Review Equity Strategy Novartis Group Consolidated Financial Statements Novartis AG Financial Statements Key Dates 2006 Contact Addresses Financial Highlights Key Financial Developments Summary of Financial Data Principal Group Subsidaries and Associated Companies Reconciliation to US GAAP Report of Novartis Management Report of the Group Auditors Report of Auditors on the Novartis AG Back Cover