|
Multi-year overview
| ThyssenKrupp Group |
| Note: Due to the adoption of SFAS 142 in fiscal year 2001/2002, to allow better comparison the following figures are stated before goodwill amortization: EBT (income before taxes and minority interest), normalized EBT, basic earnings per share, normalized earnings per share, ROVE and EVA |
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Earnings situation |
|
|
|
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|
|
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|
Sales |
m € |
|
32,378 |
|
29,794 |
|
37,209 |
|
38,008 |
|
36,698 |
|
36,137 |
Gross margin |
m € |
|
5.632 |
|
5.182 |
|
7.173 |
|
7.036 |
|
6.476 |
|
6.423 |
EBITDA |
m € |
|
2,545 |
|
2,391 |
|
3,383 |
|
3,267 |
|
2,648 |
|
2,454 |
Depreciation, amortization and impairment |
m € |
|
1,684 |
|
1,580 |
|
1,874 |
|
1,918 |
|
1,949 |
|
1,549 |
Goodwill amortization |
m € |
|
225 |
|
201 |
|
224 |
|
241 |
|
0 |
|
0 |
EBIT |
m € |
|
861 |
|
811 |
|
1,509 |
|
1,349 |
|
1,046 |
|
905 |
Interest expense, net |
m € |
|
(260) |
|
(202) |
|
(419) |
|
(473) |
|
(284) |
|
(191) |
EBT |
|
|
|
|
|
|
|
|
|
|
|
|
|
after goodwill amortization |
m € |
|
601 |
|
609 |
|
1,090 |
|
876 |
|
- |
|
- |
before goodwill amortization |
m € |
|
826 |
|
810 |
|
1,314 |
|
1,117 |
|
762 |
|
714 |
Consolidated net income |
m € |
|
270 |
|
262 |
|
527 |
|
665 |
|
216 |
|
512 |
Basic earnings per share |
|
|
|
|
|
|
|
|
|
|
|
|
|
after goodwill amortization |
€ |
|
0.52 |
|
0.54 |
|
1.02 |
|
1.29 |
|
- |
|
- |
before goodwill amortization |
€ |
|
0.96 |
|
0.93 |
|
1.46 |
|
1.76 |
|
0.42 |
|
1.01 |
Normalized earnings per share |
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|
|
|
|
|
|
|
|
|
|
|
|
after goodwill amortization |
€ |
|
0.79 |
|
0.82 |
|
0.89 |
|
0.58 |
|
- |
|
- |
before goodwill amortization |
€ |
|
1.23 |
|
1.21 |
|
1.33 |
|
1.05 |
|
0.48 |
|
0.89 |
Gross margin |
% |
|
17.4 |
|
17.4 |
|
19.3 |
|
18.5 |
|
17.6 |
|
17.8 |
EBITDA margin |
% |
|
7.9 |
|
8.0 |
|
9.1 |
|
8.6 |
|
7.2 |
|
6.8 |
EBIT margin |
% |
|
2.7 |
|
2.7 |
|
4.1 |
|
3.5 |
|
2.9 |
|
2.5 |
EBT margin |
% |
|
1.9 |
|
2.0 |
|
2.9 |
|
2.3 |
|
2.1 |
|
2.0 |
Return on equity (before taxes) |
% |
|
7.4 |
|
7.5 |
|
12.4 |
|
10.0 |
|
9.2 |
|
9.4 |
Assets situation |
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Fixed assets |
m € |
|
17,428 |
|
17,428 |
|
18,755 |
|
17,818 |
|
16,255 |
|
15,544 |
Operating assets |
m € |
|
15,285 |
|
15,285 |
|
17,133 |
|
16,831 |
|
14,905 |
|
14,597 |
Inventories |
m € |
|
6,014 |
|
6,014 |
|
6,710 |
|
6,525 |
|
6,001 |
|
5,768 |
Trade accounts receivable |
m € |
|
5,216 |
|
5,216 |
|
6,223 |
|
5,721 |
|
5,353 |
|
5,362 |
Cash and cash equivalents incl. operating securities |
m € |
|
806 |
|
806 |
|
1,021 |
|
1,258 |
|
941 |
|
713 |
Total assets |
m € |
|
32,713 |
|
32,713 |
|
35,888 |
|
34,649 |
|
31,160 |
|
30,141 |
Stockholders' equity ratio |
m € |
|
8,106 |
|
8,106 |
|
8,797 |
|
8,786 |
|
8,287 |
|
7,631 |
Liabilities |
m € |
|
24,607 |
|
24,607 |
|
27,091 |
|
25,863 |
|
22,873 |
|
22,510 |
Accrued pension and similar obligations |
m € |
|
7,023 |
|
7,023 |
|
6,970 |
|
6,908 |
|
7,065 |
|
7,401 |
Gross financial payables |
m € |
|
6,999 |
|
6,999 |
|
8,751 |
|
7,665 |
|
5,683 |
|
4,948 |
Trade accounts receivable |
m € |
|
2,828 |
|
2,828 |
|
3,168 |
|
3,248 |
|
3,128 |
|
3,075 |
Stockholders' equity |
% |
|
24.8 |
|
24.8 |
|
24.5 |
|
25.4 |
|
26.6 |
|
25.3 |
Gearing |
% |
|
76.4 |
|
76.4 |
|
87.9 |
|
72.9 |
|
57.2 |
|
55.5 |
Ratio of equity to fixed assets |
% |
|
46.5 |
|
46.5 |
|
46.9 |
|
49.3 |
|
51.0 |
|
49.1 |
Inventory turnover |
days |
|
66.9 |
|
72.7 |
|
64.9 |
|
61.8 |
|
58.9 |
|
57.5 |
Average collection period |
days |
|
58.0 |
|
63.0 |
|
60.2 |
|
54.2 |
|
52.5 |
|
53.4 |
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| ThyssenKrupp Group |
* Proposal to the Annual Stockholders' Meeting
Note: Due to the adoption of SFAS 142 in fiscal year 2001/2002, to allow better comparison the following figures are stated before goodwill amortization: EBT (income before taxes and minority interest), normalized EBT, basic earnings per share, normalized earnings per share, ROCE and EVA |
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Economic value added management |
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Capital Employed (average) |
m € |
|
19,441 |
|
19,441 |
|
22,062 |
|
22,792 |
|
21,001 |
|
19,496 |
ROCE |
% |
|
7.6 |
|
7.6 |
|
9.8 |
|
8.8 |
|
7.0 |
|
6.9 |
Weighted average cost of capital (WACC) |
% |
|
9.0 |
|
9.0 |
|
9.0 |
|
9.0 |
|
9.0 |
|
9.0 |
Economic value added (EVA) |
m € |
|
(255) |
|
(269) |
|
162 |
|
(46) |
|
(413) |
|
(413) |
Steel |
m € |
|
(328) |
|
- |
|
(37) |
|
(16) |
|
(538) |
|
(311) |
Automotive |
m € |
|
184 |
|
- |
|
152 |
|
(16) |
|
(137) |
|
2 |
Elevator |
m € |
|
138 |
|
- |
|
181 |
|
186 |
|
208 |
|
241 |
Technologies |
m € |
|
29 |
|
- |
|
17 |
|
73 |
|
22 |
|
-68 |
Materials |
m € |
|
(8) |
|
- |
|
39 |
|
(88) |
|
(87) |
|
(56) |
Serv |
m € |
|
31 |
|
- |
|
36 |
|
(98) |
|
(14) |
|
(112) |
Real Estate |
m € |
|
(61) |
|
- |
|
(58) |
|
(37) |
|
(39) |
|
(63) |
Cash flow / capital expenditures |
|
|
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Net cash provided by operating activities |
m € |
|
- |
|
1,505 |
|
1,329 |
|
2,245 |
|
2,454 |
|
2,027 |
Net cash used in investing activities |
m € |
|
- |
|
(2,818) |
|
(1,788) |
|
(1,299) |
|
(546) |
|
(1,169) |
Free cash flow (before dividend) |
m € |
|
- |
|
(1,313) |
|
(459) |
|
946 |
|
1,908 |
|
858 |
Cash flow provided by / (used in) financing acitivities |
m € |
|
- |
|
1,439 |
|
609 |
|
(634) |
|
(2,177) |
|
(1,064) |
Capital expenditures |
m € |
|
3,766 |
|
3,646 |
|
2,495 |
|
2,327 |
|
1,777 |
|
1,604 |
Net financial payables |
m € |
|
6,193 |
|
6,193 |
|
7,730 |
|
6,407 |
|
4,742 |
|
4,235 |
Internal financing capability |
|
|
- |
|
0.5 |
|
0.7 |
|
1.7 |
|
4.5 |
|
1.7 |
Debt to cash flow ratio |
|
|
- |
|
4.1 |
|
5.8 |
|
2.9 |
|
1.9 |
|
2.1 |
Employees |
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|
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|
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Employees (average) |
|
|
181,783 |
|
169,885 |
|
188,347 |
|
193,569 |
|
191,299 |
|
188,561 |
Personnel expenses |
m € |
|
8,531 |
|
7,973 |
|
9,104 |
|
9,695 |
|
9,736 |
|
9,437 |
Sales per employee |
€ |
|
178,113 |
|
175,377 |
|
197,556 |
|
196,354 |
|
191,836 |
|
191,646 |
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ThyssenKrupp AG |
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Net income |
m € |
|
- |
|
482 |
|
425 |
|
355 |
|
258 |
|
406 * |
Dividend payout |
m € |
|
- |
|
368 |
|
386 |
|
309 |
|
206 |
|
249 * |
Dividend per share |
€ |
|
- |
|
0.72 |
|
0.75 |
|
0.60 |
|
0.40 |
|
0.50 |
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