| Key
Figures 1997–2002 |
|
|
|
|
|
|
|
|
| EUR
million |
1997 |
1998 |
1999 |
2000 |
2001 |
2002 |
|
|
|
|
| Sales |
9
998 |
10
490 |
10
636 |
13
017 |
13
509 |
12
783 |
| %
change on previous year |
5.1 |
4.9 |
1.4 |
22.4 |
3.8 |
5.4 |
|
|
|
|
| Wages
and salaries |
1
737 |
1
805 |
1
754 |
1
996 |
2
234 |
2
282 |
| %
of sales |
17.4 |
17.2 |
16.5 |
15.3 |
16.5 |
17.9 |
|
|
|
|
| EBITDA |
1
747 |
1
877 |
2
311 |
3
500 |
2
755 |
2
290 |
| Depreciation |
806 |
1
111 |
849 |
1
041 |
1
116 |
1
090 |
| Goodwill
amortisation and impairments |
48 |
65 |
62 |
88 |
152 |
1352 |
|
|
|
|
| Operating
profit |
893 |
701 |
1400 |
2371 |
1487 |
-151.6 |
| %
of sales |
8.9 |
6.7 |
13.2 |
18.2 |
11.0 |
-1.1 |
|
|
|
|
| Non-recurring
items |
-52
|
-471
|
103
|
445
|
-8
|
-1
078 |
|
|
|
|
| Operating
profit excl. non-recurring items |
945 |
1
172 |
1
297 |
1
926 |
1
495 |
926.5 |
| %
of sales |
9.5 |
11.2 |
12.2 |
14.8 |
11.1 |
7.2 |
|
|
|
|
| Share
of profits in associated companies |
17 |
10 |
10 |
21 |
80 |
15 |
|
|
|
|
| Net
financial expense |
280 |
380 |
267 |
293 |
344 |
206 |
| %
of sales |
2.8 |
3.6 |
2.5 |
2.3 |
2.5 |
1.6 |
|
|
|
|
| Profit
after net financial items |
630 |
331 |
1
143 |
2
099 |
1
223 |
-343 |
| %
of sales |
6.3 |
3.2 |
10.7 |
16.1 |
9.1 |
-2.7 |
|
|
|
|
| Profit
after net financial items excl. non-recurring items |
682 |
802 |
1
040 |
1
654 |
1
231 |
735 |
| %
of sales |
6.8 |
7.6 |
9.8 |
12.7 |
9.1 |
5.7 |
|
|
|
|
| Taxes |
-204 |
-146 |
-392 |
-650 |
-300 |
+121 |
| Profit
for the period |
405 |
185 |
746 |
1 435 |
926 |
-222 |
| Dividend |
254 |
268 |
304 |
407 |
404 |
*392 |
|
|
|
|
| Capital
expenditure |
1134 |
896 |
740 |
769 |
857 |
878 |
| %
of sales |
11.3 |
8.5 |
7.0 |
5.9 |
6.3 |
6.9 |
|
|
|
|
| R&D
expenditure |
79 |
80 |
84 |
95 |
92 |
92 |
| %
of sales |
0.8 |
0.8 |
0.8 |
0.7 |
0.7 |
0.7 |
|
|
|
|
| Operating capital |
13
078 |
12
541 |
12
615 |
16
557 |
16
106 |
13
272 |
| Capital employed |
11
572 |
11
038 |
10
941 |
13
903 |
13
859 |
11
242 |
| Interest-bearing
net liabilities |
5
772 |
5
486 |
4
782 |
5
183 |
4
820 |
3
055 |
|
|
|
|
| ROCE,
% |
8.0 |
6.2 |
13.1 |
20.7 |
10.7 |
-1.5 |
| ROCE
excluding non-recurring items, % |
8.5 |
10.4 |
12.1 |
16.8 |
10.8 |
7.1 |
| Return
on equity (ROE), % |
7.5 |
3.3 |
12.8 |
19.5 |
10.4 |
-3.3 |
| Equity
ratio, % |
37.2 |
36.0 |
38.4 |
40.9 |
44.0 |
45.0 |
|
|
|
|
| Debt/Equity
ratio |
1.00 |
0.99 |
0.78 |
0.59 |
0.53 |
0.37 |
|
|
|
|
| Average
number of employees |
40
301 |
40
987 |
40
226 |
41
785 |
44
275 |
43
853 |
|
| *
Board’s dividend proposal |
|
|
|
|
|
|
