Annual Report 2021

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Creating tomorrow’s solutions

WACKER at a Glance

As an innovative chemical company, WACKER makes a vital contribution to improving the quality of life around the world. We want to continue developing and supplying solutions that meet our own expectations – namely to add value for our customers and shareholders, and to achieve sustainable growth.

 

 

 

 

 

€ million

 

Dec. 31, 2021

 

Dec. 31, 2020

 

Change in %

 

 

 

 

 

 

 

Results/Return

 

 

 

 

 

 

Sales

 

6,207.5

 

4,692.2

 

32.3

EBITDA1

 

1,538.5

 

666.3

 

>100

EBITDA margin2 (%)

 

24.8

 

14.2

 

n.a.

EBIT3

 

1,134.3

 

262.8

 

>100

EBIT margin2 (%)

 

18.3

 

5.6

 

n.a.

 

 

 

 

 

 

 

Financial result

 

-40.7

 

-44.9

 

-9.4

Income before income taxes

 

1,093.6

 

217.9

 

>100

Net result for the year

 

827.8

 

202.3

 

>100

Earnings per share (basic/diluted) (€)

 

16.24

 

3.81

 

>100

ROCE (%)

 

28.3

 

5.6

 

>100

 

 

 

 

 

 

 

Financial Position/Cash Flow

 

 

 

 

 

 

Total assets

 

8,134.3

 

6,950.5

 

17.0

Equity

 

3,100.4

 

1,691.8

 

83.3

Equity ratio (%)

 

38.1

 

24.3

 

n.a.

Financing liabilities

 

1,436.8

 

1,405.5

 

2.2

Net financial assets/net financial debt4

 

-546.5

 

67.5

 

n.a.

Capital expenditures5

 

343.8

 

224.4

 

53.2

Depreciation/amortization

 

-404.2

 

-403.5

 

0.2

Net cash flow6

 

760.8

 

697.7

 

9

 

 

 

 

 

 

 

Research and Development

 

 

 

 

 

 

Research and development expenses

 

164.2

 

156.6

 

4.9

 

 

 

 

 

 

 

Employees

 

 

 

 

 

 

Personnel expenses

 

1,475.1

 

1,329.4

 

11.0

Employees (December 31, number)

 

14,406

 

14,283

 

0.9

1

EBITDA is EBIT before depreciation and amortization.

2

Margins are calculated based on sales.

3

EBIT is the result from continuing operations for the period before interest and other financial result, and income taxes.

4

Sum of cash and cash equivalents, noncurrent and current securities, and noncurrent and current financial liabilities

5

Intangible assets, property, plant and equipment, investment property, excluding right-of-use assets

6

Sum of cash flow from operating activities and cash flow from long-term investing activities (before securities)