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Facts & Figures

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KEY FIGURES - IFRS

In € million	2012	2011	2010	2009	2008	2007	2006	2005	2004
Net Sales	21,474	20,719	17,891	14,807	16,408	16,867	16,384	15,590	15,048
% change	+3.6%	+15,8%	+20.8%	-9.8%	-2.7%	+3.0%	+5.1%	+3.6%	N. App.
Total employee benefits costs	5,377	5,021	4,836	4,515	4,606	4,732	4,718	4,780	4,837
as a % of sales	25.0%	24.2%	27.0%	30.5%	28.1%	28.1%	28.8%	30.7%	32.1%
Number of employees (full time equivalent)	107,300	108,300	105,100	102,700	110,300	113,500	115,800	119,000	120,500
Research and development expenses	622	592	545	506	499	571	591	565	576
as a % of sales	2.9%	2.9%	3.0%	3.4%	3.0%	3.4%	3.6%	3.6%	3.8%
EBITDA before non-recurring income and expenses (1)	3,445	2,878	2,660	1,802	1,848	2,468	2,209	2,171	2,030
Operating income before non-recurring income and expenses	2,423	1,945	1,695	862	920	1,645	1,338	1,368	1,303
Operating margin before non-recurring income and expenses	11.3%	9.4%	9.5%	5.8%	5.6%	9.8%	8.2%	8.8%	8.7%
Operating income	2,469	1,945	1,695	450	843	1,319	1,118	1,574	1,239
Operating margin	11.5%	9.4%	9.5%	3.0%	5.1%	7.8%	6.8%	10.1%	8.2%
Cost of net debt	155	206	236	262	330	294	315	310	N. App.
Other financial income and expenses	(22)	236	10	10	(3)	29	135	(280)	(235)
Income before taxes	2,307	1,996	1,498	207	520	1,071	942	1,300	985
Income tax	736	534	449	103	163	299	369	411	331
Effective tax rate	31.9%	26.8%	30.0%	49.8%	31.3%	27.9%	39.2%	31.6%	33.6%
Net income	1,571	1,462	1,049	104	357	772	573	889	654
as a % of sales	7.3%	7.1%	5.9%	0.7%	2.2%	4.6%	3.5%	5.7%	4.3%
Dividends (2)	378	314	147	145	230	208	193	179	133
Cash flows from operating activities	2,926	1,196	1,322	2,123	915	1,862	1,191	1,031	1,322
as a % of sales	13.6%	5.8%	7.4%	14.3%	5.6%	11.0%	7.3%	6.6%	8.8%
Gross purchases of intangible assets and PP&E	1,996	1,711	1,100	672	1,271	1,340	1,414	1,336	1,107
as a % of sales	9.3%	8.3%	6.1%	4.5%	7.7%	7.9%	8.6%	8.6%	7.4%
Net debt (3)	1,053	1,814	1,629	2,931	4,273	3,714	4,178	4,083	3,292
Equity	8,501	8,101	8,127	5,495	5,113	5,290	4,688	4,527	3,647
Gearing	12%	22%	20%	53%	84%	70%	89%	90%	90%
Net debt (3) / EBITDA (1)	0,31	0.63	0.61	1.63	2.31	1.50	1.89	1.88	1.62
Cash flows from operating activities / Net debt (3)	277.9%	65.9%	81.2%	72.4%	21.4%	50.1%	28.5%	25.3%	40.2%
Net interest charge average rate (4)	11.0%	9.6%	6.3%	6.2%	6.0%	6.4%	6.3%	6.9%	N. App.
Operating income before non-recurring items / Net interest charge (4)	14.2	9.2	9.1	3.5	3.5	6.1	4.2	4.4	N. App.
Free cash flow (5)	1,075	(19)	426	1,507	(359)	433	(39)	(124)	266
ROE (6)	18.5%	18.1%	12.9%	1.9%	7.0%	14.7%	12.2%	19.7%	18.5%
ROCE (7)	12.8%	10.9%	10.5%	5.4%	5.6%	9.7%	8.0%	N. App.	N. App.

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Last update: June 13th, 2013

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