Multiyear Overview

Sales

3,719.3

-13.5

4,298.1

3,781.3

3,336.9

2,755.7

Income before tax

3.3

-99.5

641.8

632.1

415.6

206.2

Net result for the year

-74.5

-117.0

438.3

422.2

311.8

143.4

EBITDA

606.7

-42.5

1,055.2

1,001.5

786.3

613.7

EBIT

26.8

-95.9

647.9

649.6

456.3

262.5

Fixed assets

3,017.5

2.2

2,951.7

2,401.9

2,098.9

1,954.0

Intangible assets

22.0

-10.9

24.7

10.1

16.3

16.2

Property, plant, and equipment

2,778.5

4.5

2,659.6

2,123.4

1,917.6

1,857.5

Financial assets

217.0

-18.4

267.4

268.4

165.0

80.3

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

1,524.4

-7.7

1,673.4

1,516.2

1,159.3

968.9

Liquid funds

363.6

19.1

305.3

366.5

42.9

34.7

Equity

1,942.4

-6.7

2,082.8

1,865.6

1,585.8

934.4

Subscribed capital

260.8

–

260.8

260.8

260.8

260.8

Capital reserves

157.4

–

157.4

157.4

157.4

59.9

Treasury shares

-45.1

–

-45.1

-45.1

-45.1

-142.6

Retained earnings/other equity items

1,552.4

-8.4

1,695.3

1,477.2

1,196.8

753.0

Non-controlling interests

16.9

17.4

14.4

15.3

15.9

3.3

Debt

2,599.5

2.2

2,542.3

2,052.5

1,672.4

1,988.5

Provisions

867.8

20.6

719.5

651.6

587.2

599.5

Liabilities incl. deferred taxes
+ prepaid expenses and deferred charges

1,731.7

-5.0

1,822.8

1,400.9

1,085.2

1,389.0

Balance sheet total

4,541.9

-1.8

4,625.1

3,918.1

3,258.2

2,922.9

Employees (average for the year)

15,719

-0.5

15,798

14,926

14,599

14,483

Employees (Dec. 31)

15,618

-1.9

15,922

15,044

14,668

14,434

Employees overall

15,618

-1.9

15,922

15,044

14,668

14,434

Key profitability figures

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

0.7

-95.4

15.1

17.2

13.7

9.5

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

16.3

-33.7

24.6

26.5

23.6

22.3

Return on equity = net result for the year/equity (as of Jan. 1) (%)

-3.8

>100

21.0

22.6

19.7

15.3

ROCE – return on capital employed
= EBIT/capital employed (%)

0.9

-96.5

25.7

25.3

17.9

–

Key statement of
financial position figures

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

66.4

4.1

63.8

61.3

64.4

66.9

Equity ratio = equity/total assets (%)

42.8

-4.9

45.0

47.6

48.7

32.0

Capital structure
= equity/borrowed capital (%)

74.7

-8.8

81.9

90.9

94.8

47.0

Cash flow and investments

Cash flow from operating activities

767.5

-23.7

1,005.4

1,322.5

761.1

455.8

Cash flow from long-term
investment activities

-800.4

–

-983.7

-678.8

-576.4

-297.1

Cash flow from financing activities

92.5

–

-87.7

-318.9

-174.9

-151.0

Net cash flow = operating cash flow
+ investment cash flow

-32.9

>100

21.7

643.7

184.7

158.7

Investments

740.1

-19.2

916.3

699.3

525.3

299.0

Share and valuation

Consolidated net result

-70.8

>100

439.4

422.0

311.3

143.7

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

-1.43

>100

8.84

8.49

6.46

2.90

Market capitalization

6,066.7

64.1

3,711.4

9,821.3

4,752.3

–

Number of shares

49,677,983

–

49,677,983

49,677,983

48,207,178

49,544,933

Price as of reporting date Dec. 31

122.1

51.3

74.7

197.7

98.6

–

Dividend per share (€)

1.20

-33.3

1.80

3.00

2.50

1.60

Dividend yield (%)

1.4

–

1.5

2.0

2.1

–

Capital employed

2,878.4

14.2

2,520.6

2,566.9

2,555.1

2,556.8