Multiyear Overview

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