Key Figures 2008/09

Financial Statement (€ million)³

Net sales

2,250

2,319

–3%

Gross profit

582

636

–8%

Gross profit as a percentage of net sales

25.9%

27.4%

–

Research & development expenses

–103

–105

–2%

R&D expenses as a percentage of net sales

4.6%

4.5%

–

Selling, general and administration expenses⁴

–300

–325

–8%

SG&A expenses as a percentage of net sales

13.3%

14.0%

–

Operating profit (EBIT)

179

206

–13%

Goodwill amortization

0

0

–

EBITA (Glossary) ⁵

179

206

–13%

EBITA as a percentage of net sales (EBITA margin)

8.0%

8.9%

–

Amortization/depreciation of property, plant and equipment and licenses and write-down of reworkable service parts

56

54

4%

EBITDA (Glossary) 

235

260

–10%

EBITDA as a percentage of net sales (EBITDA margin)

10.4%

11.2%

–

Profit for the period (Glossary) 

114

127

–10%

Profit for the period as a percentage of net sales

5.1%

5.5%

–

Profit for the period before carve-out (Glossary) 

117

135

–13%

Earnings per share (€)⁶

3.54

4.08

–

Cash flow (Glossary)  (€ million)

Cash flow from operating activities

177

196

–10%

Cash flow from investment activities

–67

–72

–7%

Sept. 30, 2009

Sept. 30, 2008

Change

Key Balance Sheet Figures (€ million)

Working capital (Glossary) 

202

253

–51

as a percentage of net sales

9.0%

10.9%

–

Net debt (Glossary) 

150

194

–44

Equity⁷

330

276

54

Human Resources

Number of employees (September 30)

9 381

9 460

–79