In December 2012, we announced the divestment of Decorative Paints North America to PPG Industries, Inc. As a consequence, the results of this business are reported in discontinued operations in the statements of income and cash flows and are no longer included in the other explanations and details in this report. The financial results of this business were as follows:
Discontinued operations | ||||
|
|
| ||
In € millions |
2011 |
2012 | ||
Discontinued operations |
1,094 |
1,190 | ||
(69) |
19 | |||
Performance improvement program savings |
– |
26 | ||
(7) |
(17) | |||
Impairment charge |
– |
(372) | ||
Workforce at year-end |
5,220 |
4,670 | ||
Number of employees who left following the performance improvement program |
– |
360 |