Five-year summary

Five-year summary

 

 

 

 

2006

 

2007

 

2008

 

2009

 

2010

1

EBITDA (Glossary) before non-recurring items including share of income from associates and joint ventures.

2

EBIT before non-recurring items and before amortisation of fair value adjustments identified in the course of the purchase price allocation.

3

Continuing operations. Based on the weighted average number of shares.

4

Includes receivables from financial services.

Sales

 

€ million

 

8,113

 

12,306

 

12,663

 

11,211

 

12,868

In Germany

 

%

 

14.6

 

10.2

 

10.5

 

10.8

 

9.5

Outside Germany

 

%

 

85.4

 

89.8

 

89.5

 

89.2

 

90.5

Earnings

 

 

 

 

 

 

 

 

 

 

 

 

Operating profit1

 

€ million

 

1,586

 

2,424

 

2,555

 

2,385

 

2,925

EBIT2

 

€ million

 

989

 

1,591

 

1,703

 

1,460

 

1,933

Earnings before taxes on income (EBT)

 

€ million

 

363

 

1,375

 

1,006

 

838

 

1,399

Earnings after tax attributable to Linde AG shareholders

 

€ million

 

1,838

 

952

 

717

 

591

 

1,005

Earnings per share – undiluted3

 

€ 

 

1.45

 

5.77

 

4.27

 

3.51

 

5.94

Dividend

 

€ million

 

241

 

283

 

303

 

304

 

375

Dividend per share

 

€ 

 

1.50

 

1.70

 

1.80

 

1.80

 

2.20

No. of shares (at 31 December)

 

in 000s

 

160,736

 

166,347

 

168,492

 

168,907

 

170,297

Asset structure

 

 

 

 

 

 

 

 

 

 

 

 

Intangible, tangible and financial assets

 

€ million

 

20,182

 

19,247

 

18,155

 

19,115

 

21,044

Inventories

 

€ million

 

980

 

1,062

 

986

 

966

 

956

Trade receivables4

 

€ million

 

2,504

 

2,470

 

2,387

 

2,252

 

2,247

Liquid funds and securities

 

€ million

 

663

 

903

 

1022

 

848

 

1,176

Other assets

 

€ million

 

3,589

 

1,273

 

1,274

 

1,200

 

1,465

Total assets

 

€ million

 

27,918

 

24,955

 

23,824

 

24,381

 

26,888

Capital structure

 

 

 

 

 

 

 

 

 

 

 

 

Equity

 

€ million

 

8,225

 

9,210

 

8,249

 

9,187

 

11,362

Provisions

 

€ million

 

3,437

 

2,874

 

2,724

 

3,009

 

2,886

Financial debt

 

€ million

 

10,596

 

7,330

 

7,445

 

6,967

 

6,673

Other liabilities

 

€ million

 

5,660

 

5,541

 

5,406

 

5,218

 

5,967

Total equity and liabilities

 

€ million

 

27,918

 

24,955

 

23,824

 

24,381

 

26,888

Cash flow statement

 

 

 

 

 

 

 

 

 

 

 

 

Cash flow from operating activities (continuing operations)

 

€ million

 

848

 

1,767

 

1,876

 

2,142

 

2,422

Employees as of 31 December

 

 

 

51,038

 

50,485

 

51,908

 

47,731

 

48,430

In Germany

 

%

 

14.1

 

14.1

 

14.7

 

15.4

 

14.8

Outside Germany

 

%

 

85.9

 

85.9

 

85.3

 

84.6

 

85.2

Key ratios

 

 

 

 

 

 

 

 

 

 

 

 

Capital expenditure

 

€ million

 

776

 

1,035

 

1,470

 

1,137

 

1,302

Equity ratio

 

%

 

29.5

 

36.9

 

34.6

 

37.7

 

42.3

Return on capital employed (ROCE)

 

%

 

11.4

 

10.3

 

12.4

 

10.4

 

12.5

EBIT margin2

 

%

 

12.2

 

12.9

 

13.4

 

13.0

 

15.0

Cash flow from operating activities as percentage of sales

 

%

 

10.5

 

14.4

 

14.8

 

19.1

 

18.8

(c) The Linde Group 2010