Financials and compliance

Financial indicators

 

 

 

 

 

 

 

 

 

 

 

 

 

2012

 

2011

 

2010

 

2009

1

Based on the weighted average number of shares.

2

EBITDA including share of income from associates and joint ventures.

Share

 

 

 

 

 

 

 

 

Closing price

 

132.00

 

114.95

 

113.55

 

84.16

Year high

 

136.15

 

125.80

 

115.30

 

87.95

Year low

 

114.20

 

96.16

 

76.70

 

49.66

Market capitalisation (at year-end closing price)

€ million

 

24,445

 

19,663

 

19,337

 

14,215

Earnings per share - undiluted1

 

7.03

 

6.88

 

5.94

 

3.51

No. of shares (at 31 December)

000s

 

185,189

 

171,061

 

170,297

 

168,907

Cash dividend per share

 

2.70

 

2.50

 

2.20

 

1.80

 

 

 

 

 

 

 

 

 

 

Group

 

 

 

 

 

 

 

 

Revenue

€ million

 

15,280

 

13,787

 

12,868

 

11,211

In Germany

%

 

8.5

 

9.0

 

9.5

 

10.8

Outside Germany

%

 

91.5

 

91.0

 

90.5

 

89.2

Operating profit2

€ million

 

3,530

 

3,210

 

2,925

 

2,385

Operating margin

%

 

23.1

 

23.3

 

22.7

 

21.3

EBIT

€ million

 

1,992

 

1,910

 

1,679

 

1,167

Profit for the year

€ million

 

1,324

 

1,244

 

1,064

 

653

 

 

 

 

 

 

 

 

 

 

Capital expenditure

€ million

 

1,952

 

1,367

 

1,302

 

1,137

Equity ratio

%

 

40.8

 

42.0

 

42.3

 

37.7

Return on capital employed (ROCE)

%

 

10.0

 

11.0

 

10.3

 

7.7

 

 

 

 

 

 

 

 

 

 

Expenditure for research and development

€ million

 

101

 

98

 

94

 

89

Procurement costs

bn €

 

10.9

 

10.7

 

9.7

 

8.2

Personnel expenses

bn €

 

3.096

 

2.653

 

2.527

 

2.319

Personnel expenses per employee

1.000 €

 

50.0

 

52.6

 

52.2

 

48.6

Pension costs

€ million

 

241

 

190

 

178

 

186

 

 

 

 

 

 

 

 

 

 

Gases Division

 

 

 

 

 

 

 

 

Revenue

€ million

 

12,591

 

11,061

 

10,228

 

8,932

Operating profit

€ million

 

3,403

 

3,041

 

2,766

 

2,378

Operating margin

%

 

27.0

 

27.5

 

27.0

 

26.6

 

 

 

 

 

 

 

 

 

 

Engineering Division

 

 

 

 

 

 

 

 

Revenue

€ million

 

2,561

 

2,531

 

2,461

 

2,311

Operating profit

€ million

 

312

 

304

 

271

 

210

Operating margin

%

 

12.2

 

12.0

 

11.0

 

9.1

Compliance

 

 

 

 

 

 

 

 

 

 

 

 

 

2012

 

2011

 

2010

 

2009

Contacts Integrity Line

 

309

 

430

 

334

 

Investigations as a result of reports to the Integrity Line

 

 

77

 

54

 

54

 

of which referring to personnel topics

%

 

42.9

 

38.9

 

42.6

 

 

of which referring to potential offences against property

%

 

24.7

 

31.5

 

22.2

 

of which referring to potential discrimination

%

 

2.6

 

0.0

 

1.9

 

of which referring to potential conflicts of interest

%

 

15.6

 

3.7

 

14.8

 

Substantiated cases

 

 

36

 

25

 

29