Key figures overview

Excel

(€ in millions, unless stated otherwise)

2014

2013

2012

2011

2010

2009

2008

INCOME AND EXPENSES

Revenue

950

963

1,057

1,273

1,521

1,480

1,674

Gross result

523

521

555

640

744

731

781

Operating result1

21

26

70

102

190

231

264

Net result2

23

20

129

74

110

94

188

DATA PER SHARE

Earnings per share (in €) - diluted3

0.10

0.09

0.58

–1.97

0.49

0.47

1.17

Adjusted earnings per share (in €) - basic3 4

0.27

0.26

0.40

0.55

0.70

0.78

1.50

SHARES OUTSTANDING (#)

Average # basic shares outstanding (in millions)3

223

222

222

222

222

184

148

Average # diluted shares outstanding (in millions)3

225

223

222

222

222

185

149

REGIONAL REVENUE SPLIT

Europe

719

710

773

937

1,070

1,007

1,182

North America

163

178

208

257

380

411

434

Rest of world

68

76

76

79

70

62

59

CASH FLOW

Cash generated from operations

135

188

187

195

265

430

463

Cash flows from operating activities

119

260

167

174

210

340

354

Cash flows from investing activities

–106

–91

–51

–73

–65

–90

–1,903

Cash flows from financing activities

–118

–74

–146

–214

–209

–206

1,408

Net (decrease) / increase in cash and cash equivalents

–106

95

–30

–112

–64

45

–142

BALANCE SHEET

Goodwill

382

382

382

382

855

855

855

Intangible assets

801

804

821

872

946

986

1,011

Inventories

47

42

44

66

94

67

145

Trade receivables

133

115

150

185

306

294

290

Cash and cash equivalents

153

258

164

194

306

368

321

Provisions

83

80

81

101

109

114

113

Borrowings

49

173

247

384

588

790

1,388

Trade payables

88

82

84

117

218

201

152

Total equity and liabilities

1,601

1,678

1,724

1,799

2,623

2,686

2,767

Net cash / (Net debt)

103

83

–86

–194

–294

–442

–1,109

KEY RATIOS5

Days sales of Inventory (DSI)

33

31

30

31

31

21

47

Days sales outstanding (DSO)

46

39

47

48

55

51

51

Creditor days

63

60

57

56

72

64

49

NUMBER OF EMPLOYEES (#)

At end of period (FTE)

4,116

3,630

3,441

3,677

3,487

3,138

3,357

  1. Operating result excludes the impairment charges (2011: €512 million; 2008: €1,047 million) and restructuring charges (2011: €14.8 million; 2010: €3.3 million; 2009: €10.3 million; 2008: €16.5 million).
  2. Net result excludes the abovementioned impairment and restructuring charges and the related tax effects.
  3. The earnings per share number and the weighted average number of shares outstanding for all years before 2009 have been adjusted to reflect the impact of the right offering that took place in July 2009.
  4. Earnings per share adjusted for acquisition-related amortisation, goodwill impairment and restructuring charges on a post-tax basis, and an €80 million one-off tax gain in 2012.
  5. Calculated based on the sales/cost of sales and the number of days in the last three months of the year.