Multiyear Overview

Multiyear Overview

€ million

2010

Change in %

2009

2008

2007

2006

Sales

4,748.4

27.7

3,719.3

4,298.1

3,781.3

3,336.9

Income before tax

732.3

> 100

3.3

641.8

632.1

415.6

Net income for the year

497.0

> 100

-74.5

438.3

422.2

311.8

EBITDA

1,194.5

96.9

606.7

1,055.2

1,001.5

786.3

EBIT

764.6

> 100

26.8

647.9

649.6

456.3

Fixed assets

3,273.5

8.5

3,017.5

2,951.7

2,401.9

2,098.9

Intangible assets

33.2

50.9

22.0

24.7

10.1

16.3

Property, plant and equipment

3,027.2

9.0

2,778.5

2,659.6

2,123.4

1,917.6

Financial assets

213.1

-1.8

217.0

267.4

268.4

165.0

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

2,227.7

46.2

1,524.4

1,673.4

1,516.2

1,159.3

Liquid funds

545.2

49.9

363.6

204.2

366.5

42.9

Equity

2,446.8

26.0

1,942.4

2,082.8

1,865.6

1,585.8

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

2,049.0

32.0

1,552.4

1,695.3

1,477.2

1,196.8

Non-controlling interests

24.7

46.2

16.9

14.4

15.3

15.9

Borrowed capital

3,054.4

17.5

2,599.5

2,542.3

2,052.5

1,672.4

Provisions

893.2

2.9

867.8

719.5

651.6

587.2

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

2,161.2

24.8

1,731.7

1,822.8

1,400.9

1,085.2

Total assets

5,501.2

22.1

4,541.9

4,625.1

3,918.1

3,258.2

Employees (average for the year)

16,033

2.0

15,719

15,798

14,926

14,599

Employees (Dec. 31)

16,314

4.5

15,618

15,922

15,044

14,668

Employees (total)

16,314

4.5

15,618

15,922

15,044

14,668

Key profitability figures

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

16.1

>100

0.7

15.1

17.2

13.7

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

25.2

54.6

16.3

24.6

26.5

23.6

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

20.3

>100

-3.8

21.0

22.6

19.7

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

24.8

>100

0.9

25.7

25.3

17.9

Key statement of financial position figures

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

59.5

-10.4

66.4

63.8

61.3

64.4

Equity ratio
= equity/total assets (%)

44.5

4.0

42.8

45.0

47.6

48.7

Capital structure
= equity/borrowed capital (%)

80.1

7.2

74.7

81.9

90.9

94.8

Cash flow and investments

Cash flow from operating activities

1,103.1

43.7

767.5

1,005.4

1,322.5

761.1

Cash flow from long-term investment activities

-681.5

-14.9

-800.4

-983.7

-678.8

-576.4

Cash flow from financing activities

3.7

-96.0

92.5

-87.7

-318.9

-174.9

Net cash flow = operating cash flow
+ investment cash flow

421.6

>100

-32.9

21.7

643.7

184.7

Investments (incl. financial assets)

695.1

-6.1

740.1

916.3

699.3

525.3

Share and valuation

Consolidated net income

490.7

>100

-70.8

439.4

422.0

311.3

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

9.9

>100

-1.4

8.8

8.5

6.5

Market capitalization
(total number of shares without treasury shares)

6,487.9

6.9

6,066.7

3,711.4

9,821.3

4,752.3

Number of shares

49,677,983

–

49,677,983

49,677,983

49,677,983

48,207,178

Price as of reporting date Dec. 31

130.6

6.9

122.1

74.7

197.7

98.6

Dividend per share (€)

3.20

> 100

1.20

1.80

3.00

2.50

Dividend yield (%)

2.8

> 100

1.4

1.5

2.0

2.1

Capital employed

3,078.9

6.9

2,878.4

2,520.6

2,566.9

2,555.1