Segment information

Decorative Paints

Whether our customers are professionals or DIY-ers, they want great paint that gives a great finish. We supply a variety of quality products for every situation and surface, including paints, lacquers and varnishes. We also offer a range of mixing machines and color concepts for the building and renovation industry. Our specialty coatings for metal, wood and other building materials is the reference to the market.

Performance Coatings

We are a leading supplier of performance coatings with strong brands and technologies. Our high quality products are used to protect and enhance everything from ships, cars, aircraft, yachts and architectural components (structural steel, building products, flooring) to consumer goods (mobile devices, appliances, beverage cans, furniture) and oil and gas facilities.

Information per business area

 

Revenue from third parties

Group revenue

Amorti­zation and depreciation

Adjusted operating income1

Identified items2

In € millions

2018

2019

2018

2019

2018

2019

2018

2019

2018

2019

1

Adjusted operating income is operating income excluding identified items.

2

ldentified items are special charges and benefits, results on acquisitions and divestments, major restructuring and impairment charges, and charges and benefits related to major legal, anti-trust, environmental and tax cases.

3

ROS% is calculated as adjusted operating income (operating income excluding identified items) as a percentage of group revenue.

4

OPI margin is calculated as operating income as a percentage of group revenue.

5

Capital expenditures include investments in intangible assets (refer to Note 10) and investments in property, plant and equipment (refer to Note 11).

6

ROI% is calculated as adjusted operating income (operating income excluding identified items) of the last 12 months as a percentage of average invested capital of the last 12 months. Invested capital is calculated as total assets (excluding cash and cash equivalents, short-term investments, investments in associates, the receivable from pension funds in an asset position and assets held for sale) less current tax liabilities, deferred tax liabilities and trade and other payables.

Decorative Paints

3,667

3,670

3,699

3,703

(92)

(155)

346

418

(38)

7

Performance Coatings

5,563

5,549

5,587

5,563

(138)

(183)

629

688

(52)

(123)

Corporate and other

26

57

(30)

10

(9)

(22)

(177)

(115)

(103)

(34)

Total

9,256

9,276

9,256

9,276

(239)

(360)

798

991

(193)

(150)

 

 

 

 

 

 

 

 

 

 

 

 

Operating income

ROS%3

OPI margin4

Invested capital

Total assets

In € millions

2018

2019

2018

2019

2018

2019

2018

2019

2018

2019

Decorative Paints

308

425

9.4

11.3

8.3

11.5

2,759

2,992

4,357

5,569

Performance Coatings

577

565

11.3

12.4

10.3

10.2

2,963

3,401

4,766

6,794

Corporate and other

(280)

(149)

 

 

 

 

481

621

9,661

621

Total

605

841

8.6

10.7

6.5

9.1

6,203

7,014

18,784

12,984

 

 

 

 

 

 

 

 

 

 

 

 

Total liabilities

Capital expenditures5

ROI%6

 

 

 

 

In € millions

2018

2019

2018

2019

2018

2019

 

 

 

 

Decorative Paints

1,511

3,249

50

62

12.4

13.4

 

 

 

 

Performance Coatings

1,563

2,774

107

113

20.5

20.7

 

 

 

 

Corporate and other

3,672

393

27

39

 

 

 

 

Total

6,746

6,416

184

214

12.6

14.1

 

 

 

 

Regional information

 

Revenue by region of destination

Intangible assets and property, plant and equipment

Invested capital

Capital expenditures*

In € millions

2018

2019

2018

2019

2018

2019

2018

2019

*

Capital expenditures include investments in intangible assets (refer to Note 10) and investments in property, plant and equipment (refer to Note 11).

The Netherlands

318

359

1,198

1,182

1,639

1,766

25

42

Other European countries

3,726

3,748

1,469

1,659

2,023

2,469

81

74

US and Canada

1,134

1,139

485

501

636

682

18

29

South America

815

815

255

239

332

347

13

15

Asia

2,704

2,656

1,698

1,642

1,386

1,528

35

44

Other regions

559

559

101

102

187

222

12

10

Total

9,256

9,276

5,206

5,325

6,203

7,014

184

214