Multiyear Overview

  download table

Multiyear Overview

€ million

 

2011

 

Change
in %

 

2010

 

2009

 

2008

 

2007

1

2011: average value throughout the quarters. 2010 and before: half-year average

 

 

 

 

 

 

 

 

 

 

 

 

 

Sales

 

4,909.7

 

3.4

 

4,748.4

 

3,719.3

 

4,298.1

 

3,781.3

Income before tax

 

567.4

 

-22.5

 

732.3

 

3.3

 

641.8

 

632.1

Net income for the year

 

356.1

 

-28.4

 

497.0

 

-74.5

 

438.3

 

422.2

EBITDA

 

1,104.2

 

-7.6

 

1,194.5

 

606.7

 

1,055.2

 

1,001.5

EBIT

 

603.2

 

-21.1

 

764.6

 

26.8

 

647.9

 

649.6

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed assets

 

3,797.7

 

16.0

 

3,273.5

 

3,017.5

 

2,951.7

 

2,401.9

Intangible assets

 

30.2

 

-9.0

 

33.2

 

22.0

 

24.7

 

10.1

Property, plant and equipment

 

3,502.0

 

15.7

 

3,027.2

 

2,778.5

 

2,659.6

 

2,123.4

Financial assets

 

265.5

 

24.6

 

213.1

 

217.0

 

267.4

 

268.4

Current assets, incl. deferred taxes + prepaid expenses and deferred charges

 

2,439.3

 

9.5

 

2,227.7

 

1,524.4

 

1,673.4

 

1,516.2

 

 

 

 

 

 

 

 

 

 

 

 

 

Liquid funds

 

473.9

 

-13.1

 

545.2

 

363.6

 

204.2

 

366.5

 

 

 

 

 

 

 

 

 

 

 

 

 

Equity

 

2,629.7

 

7.5

 

2,446.8

 

1,942.4

 

2,082.8

 

1,865.6

Subscribed capital

 

260.8

 

 

260.8

 

260.8

 

260.8

 

260.8

Capital reserves

 

157.4

 

 

157.4

 

157.4

 

157.4

 

157.4

Treasury shares

 

-45.1

 

 

-45.1

 

-45.1

 

-45.1

 

-45.1

Retained earnings/consolidated net income/other equity items

 

2,230.3

 

8.8

 

2,049.0

 

1,552.4

 

1,695.3

 

1,477.2

Non-controlling interests

 

26.3

 

6.5

 

24.7

 

16.9

 

14.4

 

15.3

 

 

 

 

 

 

 

 

 

 

 

 

 

Borrowed capital

 

3,607.3

 

18.1

 

3,054.4

 

2,599.5

 

2,542.3

 

2,052.5

Provisions

 

904.2

 

1.2

 

893.2

 

867.8

 

719.5

 

651.6

Liabilities, incl. deferred taxes
+ prepaid expenses and deferred charges

 

2,703.1

 

25.1

 

2,161.2

 

1,731.7

 

1,822.8

 

1,400.9

 

 

 

 

 

 

 

 

 

 

 

 

 

Total assets

 

6,237.0

 

13.4

 

5,501.2

 

4,541.9

 

4,625.1

 

3,918.1

 

 

 

 

 

 

 

 

 

 

 

 

 

Employees (average for the year)

 

16,934

 

5.6

 

16,033

 

15,719

 

15,798

 

14,926

Employees (Dec. 31)

 

17,168

 

5.2

 

16,314

 

15,618

 

15,922

 

15,044

Employees (total)

 

17,168

 

5.2

 

16,314

 

15,618

 

15,922

 

15,044

 

 

 

 

 

 

 

 

 

 

 

 

 

Key profitability figures

 

 

 

 

 

 

 

 

 

 

 

 

Return on sales (EBIT)
= EBIT/sales (%)

 

12.3

 

-23.6

 

16.1

 

0.7

 

15.1

 

17.2

Return on sales (EBITDA)
= EBITDA/sales (%)

 

22.5

 

-10.7

 

25.2

 

16.3

 

24.6

 

26.5

Return on equity
= net income for the year/equity (as of Dec. 31) (%)

 

13.5

 

-33.3

 

20.3

 

-3.8

 

21.0

 

22.6

ROCE-return1 on capital employed
= EBIT/capital employed (%)

 

18.1

 

-27.0

 

24.8

 

0.9

 

25.7

 

25.3

 

 

 

 

 

 

 

 

 

 

 

 

 

Key statement of financial position figures

 

 

 

 

 

 

 

 

 

 

 

 

Investment intensity of the fixed assets
= fixed assets/total assets (%)

 

60.9

 

2.4

 

59.5

 

66.4

 

63.8

 

61.3

Equity ratio
= equity/total assets (%)

 

42.2

 

-5.2

 

44.5

 

42.8

 

45.0

 

47.6

Capital structure
= equity/borrowed capital (%)

 

72.9

 

-9.0

 

80.1

 

74.7

 

81.9

 

90.9

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash flow and investments

 

 

 

 

 

 

 

 

 

 

 

 

Cash flow from operating activities

 

867.0

 

-21.4

 

1,103.1

 

767.5

 

1,005.4

 

1,322.5

Cash flow from long-term investment activities

 

-831.5

 

22.0

 

-681.5

 

-800.4

 

-983.7

 

-678.8

Cash flow from financing activities

 

37.4

 

>100.0

 

3.7

 

92.5

 

-87.7

 

-318.9

Net cash flow = operating cash flow + investment cash flow + additions from finance leases

 

6.2

 

-98.5

 

421.6

 

-32.9

 

21.7

 

643.7

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments (incl. financial assets)

 

981.2

 

41.2

 

695.1

 

740.1

 

916.3

 

699.3

 

 

 

 

 

 

 

 

 

 

 

 

 

Share and valuation

 

 

 

 

 

 

 

 

 

 

 

 

Consolidated net income

 

352.6

 

-28.1

 

490.7

 

-70.8

 

439.4

 

422.0

Earnings per share (€)
= consolidated net income/number of shares

 

7.1

 

-28.1

 

9.9

 

-1.4

 

8.8

 

8.5

 

 

 

 

 

 

 

 

 

 

 

 

 

Market capitalization
(total number of shares without treasury shares)

 

3,087.5

 

-52.4

 

6,487.9

 

6,066.7

 

3,711.4

 

9,821.3

Number of shares

 

49,677,983

 

 

49,677,983

 

49,677,983

 

49,677,983

 

49,677,983

Price as of reporting date Dec. 31

 

62.2

 

-52.4

 

130.6

 

122.1

 

74.7

 

197.7

Dividend per share (€)

 

2.20

 

-31.3

 

3.20

 

1.20

 

1.80

 

3.00

Dividend yield (%)

 

2.0

 

-28.6

 

2.8

 

1.4

 

1.5

 

2.0

Capital employed1

 

3,328.6

 

8.1

 

3,078.9

 

2,878.4

 

2,520.6

 

2,566.9