2013 revenue was down 5 percent, mainly due to adverse currency effects and divestments. Operating income was €958 million and included €61 million incidental results. Excluding these, operating income was €897 million (2012: €908 million). Net debt was €769 million lower at €1,529 million (2012: €2,298 million). The performance improvement program exceeded targets and has now successfully been completed, one year ahead of schedule.
Summary of financial outcomes
|
4th quarter |
|
|
January - December |
||||||||||||
|
2012 |
2013 |
Δ% |
in € millions |
2012 |
2013 |
Δ% |
|||||||||
|
|||||||||||||||
|
3,673 |
3,482 |
(5) |
Revenue |
15,390 |
14,590 |
(5) |
|||||||||
|
36 |
116 |
|
Operating income |
908 |
958 |
6 |
|||||||||
|
1.0 |
3.3 |
|
ROS% |
5.9 |
6.6 |
|
|||||||||
|
|
|
|
|
|
|
|
|||||||||
|
|
|
|
Invested capital |
10,062 |
9,281 |
|
|||||||||
|
|
|
|
ROI |
7.71 |
9.6 |
|
|||||||||
|
|
|
|
|
|
|
|
|||||||||
|
205 |
208 |
1 |
EBITDA |
1,597 |
1,513 |
(5) |
|||||||||
|
394 |
234 |
|
Capital expenditures |
826 |
666 |
|
|||||||||
|
630 |
309 |
(51) |
Net cash from operating activities |
737 |
716 |
(3) |
|||||||||
|
|
|
|
Net debt |
2,298 |
1,529 |
|
|||||||||
|
|
|
|
|
|
|
|
|||||||||
|
(5) |
35 |
|
Net income from continuing operations |
450 |
593 |
32 |
|||||||||
|
(22) |
16 |
|
Net income from discontinued operations |
(64) |
131 |
|
|||||||||
|
(27) |
51 |
|
Net income attributable to shareholders |
386 |
724 |
88 |
|||||||||
|
(27) |
51 |
|
Net income attributable to shareholders (including impairment) |
(2,092) |
724 |
|
|||||||||
|
(0.11) |
0.21 |
|
Earnings per share from total operations (in €) |
(8.82) |
3.00 |
|
|||||||||
|
0.10 |
(0.01) |
|
Adjusted earnings per share (in €) |
2.55 |
2.62 |
|
|||||||||
|
|
|
|
Number of employees |
50,610 |
49,560 |
|
|||||||||