Key figures

Key figures

Included in the group management report of the Annual Report 2015
 (XLS:) Download

Financials, Compliance and Innovation1

Financial indicatorsLagebericht 2014

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2015

 

2014

 

2013

 

2012

 

2011

Share

 

 

 

 

 

 

 

 

 

 

 

 

Closing price

 

 

133.90

 

154.20

 

152.05

 

132.00

 

114.95

Year high

 

 

193.85

 

157.30

 

153.90

 

136.15

 

125.80

Year low

 

 

128.05

 

139.15

 

128.60

 

114.20

 

96.16

Market capitalisation (at year-end closing price)

 

€ million

 

24,857

 

28,625

 

28,219

 

24,445

 

19,663

No. of shares (at 31 December)

 

000s

 

185,638

 

185,638

 

185,588

 

185,189

 

171,061

Cash dividend per share

 

 

3.45

 

3.15

 

3.00

 

2.70

 

2.50

 

 

 

 

 

 

 

 

 

 

 

 

 

Group

 

 

 

 

 

 

 

 

 

 

 

 

Revenue

 

€ million

 

17,944

 

17,047

 

16,655

 

15,833

 

13,787

In Germany

 

%

 

7.3

 

7.4

 

7.9

 

8.2

 

9.0

Outside Germany

 

%

 

92.7

 

92.6

 

92.1

 

91.8

 

91.0

Operating profit2

 

€ million

 

4,131

 

3,920

 

3,966

 

3,686

 

3,210

Operating margin

 

%

 

23.0

 

23.0

 

23.8

 

23.3

 

23.3

EBIT

 

€ million

 

2,043

 

1,885

 

2,171

 

2,055

 

2,152

Profit for the year

 

€ million

 

1,252

 

1,162

 

1,430

 

1,341

 

1,244

 

 

 

 

 

 

 

 

 

 

 

 

 

Capital expenditure (excluding financial assets)

 

€ million

 

1,936

 

1,954

 

2,268

 

2,038

 

1,367

Equity ratio

 

%

 

43.7

 

41.4

 

41.5

 

39.8

 

42.0

Return on capital employed (ROCE)

 

%

 

9.4

 

9.5

 

9.7

 

10.2

 

11.0

 

 

 

 

 

 

 

 

 

 

 

 

 

Procurement costs

 

€ bn

 

10.5

 

11.6

 

11.1

 

10.9

 

10.7

Personnel expenses

 

€ bn

 

3.928

 

3.536

 

3.423

 

3.117

 

2.653

Personnel expenses (per employee)

 

1,000 €

 

60.9

 

53.9

 

53.9

 

49.7

 

52.6

Pension costs

 

€ million

 

307

 

293

 

281

 

241

 

190

Donations

 

€ million

 

2.4

 

2.8

 

2.7

 

2.8

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gases Division

 

 

 

 

 

 

 

 

 

 

 

 

Revenue

 

€ million

 

15,168

 

13,982

 

13,971

 

13,214

 

11,061

Operating profit2

 

€ million

 

4,151

 

3,835

 

3,846

 

3,566

 

3,041

Operating margin

 

%

 

27.4

 

27.4

 

27.5

 

27.0

 

27.5

 

 

 

 

 

 

 

 

 

 

 

 

 

Engineering Division

 

 

 

 

 

 

 

 

 

 

 

 

Revenue

 

€ million

 

2,594

 

3,074

 

2,879

 

2,561

 

2,531

Operating profit2

 

€ million

 

216

 

300

 

319

 

312

 

304

Operating margin

 

%

 

8.3

 

9.8

 

11.1

 

12.2

 

12.0

Compliance

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2015

 

2014

 

2013

 

2012

 

2011

Contacts Integrity Line

 

 

 

301

 

734

 

393

 

309

 

430

Investigations as a result of reports to the Integrity Line

 

 

 

141

 

127

 

88

 

77

 

54

of which referring to personnel topicsLagebericht 2014

 

%

 

26.2

 

26.8

 

36.4

 

42.9

 

38.9

of which referring to potential offences against property

 

%

 

26.2

 

32.3

 

33.0

 

24.7

 

31.5

of which referring to potential discrimination

 

%

 

2.8

 

1.6

 

2.3

 

2.6

 

0.0

of which referring to potential conflicts of interest

 

%

 

13.5

 

9.4

 

12.5

 

15.6

 

3.7

InnovationLagebericht 2014

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2015

 

2014

 

2013

 

2012

 

2011

Expenditure for research and development

 

€ million

 

132

 

106

 

92

 

101

 

98

Employees in the research and development field

 

 

 

348

 

390

 

367

 

385

 

342

New patents filed

 

 

 

287

 

260

 

263

 

269

 

235

Safety and environmental protection1

Resources consumed

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2015

 

2014

 

2013

 

2012

 

2011

Energy

 

 

 

 

 

 

 

 

 

 

 

 

Electricity consumptionLagebericht 2014Geprüft von KPMG

 

million MWh

 

26.8

 

26.2

 

23.4

 

23.5

 

20.3

of which by air separation plantsLagebericht 2014Geprüft von KPMG

 

million MWh

 

23.9

 

23.5

 

20.7

 

20.8

 

17.9

Natural gas consumptionLagebericht 2014Geprüft von KPMG

 

million MWh

 

39.5

 

39.5

 

36.4

 

35.9

 

25.4

of which by HyCO plantsLagebericht 2014Geprüft von KPMG

 

million MWh

 

25.4

 

24.9

 

23.0

 

22.8

 

21.7

Consumption of other energy sources3 Lagebericht 2014Geprüft von KPMG

 

million MWh

 

12.6

 

12.2

 

14.8

 

13.4

 

11.7

 

 

 

 

 

 

 

 

 

 

 

 

 

Water

 

 

 

 

 

 

 

 

 

 

 

 

Water use4 Lagebericht 2014Geprüft von KPMG

 

million m3

 

681

 

682

 

681

 

632

 

288

of which ground and surface waterGeprüft von KPMG

 

%

 

98.5

 

98.5

 

98.6

 

98.5

 

96.8

of which drinking waterGeprüft von KPMG

 

%

 

1.5

 

1.5

 

1.4

 

1.5

 

3.2

Total water consumption5 Lagebericht 2014Geprüft von KPMG

 

million m3

 

52.8

 

50.7

 

44.5

 

47.4

 

42.6

of which industrial and process waterGeprüft von KPMG

 

million m3

 

42.8

 

40.8

 

34.8

 

38.1

 

33.3

of which drinking waterGeprüft von KPMG

 

million m3

 

10.0

 

9.9

 

9.7

 

9.3

 

9.3

Waste waterLagebericht 2014Geprüft von KPMG

 

million m3

 

14.0

 

13.2

 

13.8

 

12.5

 

8.1

 

 

 

 

 

 

 

 

 

 

 

 

 

Resources and materials

 

 

 

 

 

 

 

 

 

 

 

 

Raw materials and suppliesGeprüft von KPMG

 

t

 

54,170

 

52,770

 

57,750

 

57,170

 

59,950

Packaging materialsGeprüft von KPMG

 

t

 

4,130

 

5,580

 

3,990

 

4,765

 

5,850

Emissions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2015

 

2014

 

2013

 

2012

 

2011

Direct greenhouse gas emissions (Scope 1)

 

 

 

 

 

 

 

 

 

 

 

 

CO2 emissionsLagebericht 2014Geprüft von KPMG

 

million t

 

7.1

 

7.3

 

7.2

 

7.6

 

5.7

of which by HyCO plantsLagebericht 2014Geprüft von KPMG

 

million t

 

4.0

 

4.0

 

4.2

 

4.3

 

4.3

Linde transport fleet6 Lagebericht 2014Geprüft von KPMG

 

million t CO2e

 

0.92

 

0.88

 

0.49

 

0.50

 

0.42

Other greenhouse gases7 Lagebericht 2014Geprüft von KPMG

 

million t CO2e

 

1.7

 

1.5

 

1.5

 

0.4

 

0.6

TotalLagebericht 2014Geprüft von KPMG

 

million t CO2e

 

9.7

 

9.7

 

9.2

 

8.5

 

6.7

 

 

 

 

 

 

 

 

 

 

 

 

 

Indirect greenhouse gas emissions (Scope 2)

 

 

 

 

 

 

 

 

 

 

 

 

CO2 emissionsLagebericht 2014Geprüft von KPMG

 

million t

 

15.4

 

15.0

 

13.0

 

12.8

 

10.2

of which by air separation plantsLagebericht 2014Geprüft von KPMG

 

million t

 

13.7

 

13.5

 

11.8

 

11.6

 

8.9

Total Scope 1 and 2 emissionsLagebericht 2014Geprüft von KPMG

 

million t CO2e

 

25.1

 

24.7

 

22.2

 

21.3

 

16.9

Emissions per million EUR sales

 

t CO2e

 

1,399

 

1,449

 

1,333

 

1,345

 

1,226

Emissions per Linde employee

 

t CO2e

 

389

 

377

 

350

 

339

 

335

 

 

 

 

 

 

 

 

 

 

 

 

 

Other indirect greenhouse gas emissions (Scope 3)

 

 

 

 

 

 

 

 

 

 

 

 

Business travel8 Geprüft von KPMG

 

thousand t CO2e

 

68.8

 

72.9

 

81.0

 

34.1

 

30.6

 

 

 

 

 

 

 

 

 

 

 

 

 

Emissions to air9

 

 

 

 

 

 

 

 

 

 

 

 

VOC (volatile organic compounds)Geprüft von KPMG

 

t

 

598

 

657

 

92

 

109

 

206

NH3 (ammonia)10 Geprüft von KPMG

 

t

 

73

 

165

 

12

 

11

 

28

CO (carbon monoxide)Geprüft von KPMG

 

t

 

3,213

 

3,325

 

2,177

 

2,895

 

1,566

NOx (nitrogen oxides)Geprüft von KPMG

 

t

 

6,443

 

6,762

 

6,273

 

5,556

 

1,070

SOx (sulphur oxides)Geprüft von KPMG

 

t

 

570

 

447

 

122

 

391

 

543

 

 

 

 

 

 

 

 

 

 

 

 

 

Emissions to water11

 

 

 

 

 

 

 

 

 

 

 

 

Chemical oxygen demand (COD)Geprüft von KPMG

 

t

 

1,430

 

1,585

 

2,157

 

201

 

165

Biochemical oxygen demand (BOD)Geprüft von KPMG

 

t

 

498

 

544

 

163

 

97

 

38

NitratesGeprüft von KPMG

 

t

 

336

 

295

 

89

 

52

 

61

PhosphatesGeprüft von KPMG

 

t

 

47

 

39

 

3

 

4

 

3

Waste and recycling

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2015

 

2014

 

2013

 

2012

 

2011

Total waste12 Lagebericht 2014Geprüft von KPMG

 

thousand t

 

71.5

 

94.1

 

124.9

 

81.5

 

64.4

Non-hazardous wasteLagebericht 2014Geprüft von KPMG

 

%

 

69

 

76

 

76

 

70

 

57

Hazardous wasteLagebericht 2014Geprüft von KPMG

 

%

 

31

 

24

 

24

 

30

 

43

Recycled wasteLagebericht 2014Geprüft von KPMG

 

%

 

43

 

56

 

65

 

41

 

26

Incineration waste13 Geprüft von KPMG

 

%

 

20

 

15

 

14

 

18

 

30

Landfill wasteGeprüft von KPMG

 

%

 

21

 

19

 

10

 

26

 

31

Other disposal methodsGeprüft von KPMG

 

%

 

16

 

10

 

11

 

15

 

13

Transport

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2015

 

2014

 

2013

 

2012

 

2011

Distance driven by Linde’s transport fleet and its contractorsLagebericht 2014Geprüft von KPMG

 

million km

 

1,010

 

975

 

963

 

969

 

866

Serious transport incidents involving trucks14 Lagebericht 2014Geprüft von KPMG

 

per 1 million km

 

0.101

 

0.104

 

0.139

 

0.121

 

0.113

Audits and trainings

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2015

 

2014

 

2013

 

2012

 

2011

Production sites where occupational health and safety audits have been conductedLagebericht 2014

 

%

 

52.6

 

57.4

 

58.1

 

62.4

 

54.5

Production sites where environmental audits have been conductedLagebericht 2014

 

%

 

48.0

 

50.0

 

51.8

 

54.5

 

49.1

Number of conducted occupational health and safety audits15

 

 

 

745

 

749

 

790

 

769

 

701

Number of conducted environmental audits15

 

 

 

633

 

639

 

657

 

661

 

664

Employees of Linde Gas who have taken up HSE training opportunities

 

%

 

65.1

 

62.6

 

57.8

 

54.0

 

50.3

Certified sites

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2015

 

2014

 

2013

 

2012

 

2011

Production sites certified to ISO 9001

 

%

 

Lagebericht 2014Geprüft von KPMG66.4

 

Lagebericht 2014Geprüft von KPMG72.1

 

Lagebericht 2014Geprüft von KPMG77.9

 

Lagebericht 201479.6

 

76.0

Production sites certified to ISO 14001

 

%

 

Lagebericht 2014Geprüft von KPMG31.0

 

Lagebericht 2014Geprüft von KPMG30.5

 

Lagebericht 2014Geprüft von KPMG31.8

 

Lagebericht 201431.8

 

33.0

Production sites certified to OHSAS 18001

 

%

 

Lagebericht 2014Geprüft von KPMG16.1

 

Lagebericht 2014Geprüft von KPMG15.7

 

Lagebericht 2014Geprüft von KPMG17.8

 

Lagebericht 201417.7

 

22.0

Environmental incidents

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2015

 

2014

 

2013

 

2012

 

2011

Environmental complaints

 

 

 

17

 

25

 

24

 

14

 

28

Reportable environmental incidents

 

 

 

15

 

21

 

25

 

29

 

33

Employees1

Employment structure

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2015

 

2014

 

2013

 

2012

 

2011

GroupLagebericht 2014

 

as of Dec. 31

 

64,538

 

65,591

 

63,487

 

62,765

 

50,417

Gases DivisionLagebericht 2014

 

 

 

52,395

 

53,436

 

51,536

 

51,405

 

39,031

EMEALagebericht 2014

 

 

 

21,067

 

21,778

 

21,544

 

21,636

 

20,920

Asia/PacificLagebericht 2014

 

 

 

11,533

 

12,175

 

12,122

 

11,809

 

10,868

AmericasLagebericht 2014

 

 

 

19,795

 

19,482

 

17,870

 

17,960

 

7,243

Engineering DivisionLagebericht 2014

 

 

 

7,038

 

7,330

 

6,997

 

6,564

 

6,319

Other activitiesLagebericht 2014

 

 

 

5,105

 

4,825

 

4,954

 

4,796

 

5,067

Employees in production

 

 

 

21,194

 

21,684

 

20,200

 

19,829

 

19,072

Employees in sales, marketing and distribution

 

 

 

31,649

 

31,851

 

31,778

 

31,249

 

22,172

Employees in research and developmentLagebericht 2014

 

 

 

348

 

390

 

367

 

385

 

342

Employees in administration

 

 

 

11,348

 

11,666

 

11,141

 

11,302

 

8,831

Part-time employeesLagebericht 2014

 

%

 

1.9

 

2.1

 

1.9

 

1.7

 

2.0

Temporary staffLagebericht 2014

 

%

 

8.6

 

8.6

 

6.2

 

6.4

 

6.4

Employees on parental leave (Germany)Lagebericht 2014

 

 

 

434

 

369

 

344

 

328

 

271

Staff covered by collective wage agreementsLagebericht 2014

 

%

 

42.6

 

46.5

 

45.6

 

45.1

 

53.5

 

 

 

 

 

 

 

 

 

 

 

 

 

Employee retention and benefits

 

 

 

 

 

 

 

 

 

 

 

 

Number of new hiresLagebericht 2014

 

 

 

11,554

 

12,049

 

8,955

 

 

thereof womenLagebericht 2014

 

%

 

45.5

 

46.2

 

41.6

 

 

Staff turnover rate16 Lagebericht 2014

 

%

 

11.2

 

10.0

 

9.4

 

10.1

 

6.3

Average length of serviceLagebericht 2014

 

years

 

9.0

 

8.4

 

8.9

 

9.3

 

9.8

Retired employees receiving pensions from LindeLagebericht 2014

 

 

 

29,116

 

30,941

 

31,006

 

31,118

 

31,112

Diversity

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2015

 

2014

 

2013

 

2012

 

2011

Staff up to 30 years oldLagebericht 2014

 

%

 

17.6

 

18.4

 

18.2

 

17.6

 

16.0

Staff between 31 and 50 years oldLagebericht 2014

 

%

 

57.6

 

57.5

 

58.0

 

58.4

 

59.0

Staff over 50 years oldLagebericht 2014

 

%

 

24.8

 

24.1

 

23.8

 

24.0

 

25.0

Nationalities of employees in GermanyLagebericht 2014

 

 

 

64

 

65

 

65

 

67

 

63

Non-German nationalities among senior managers in GermanyLagebericht 2014

 

%

 

69.5

 

71.0

 

72.9

 

69.7

 

Proportion of female employeesLagebericht 2014

 

 

 

 

 

 

 

 

 

 

 

 

in total workforceLagebericht 2014

 

%

 

29.3

 

28.7

 

27.3

 

26.9

 

19.5

in GermanyLagebericht 2014

 

%

 

25.4

 

25.4

 

25.9

 

25.4

 

in senior management positionsLagebericht 2014

 

%

 

14.8

 

13.9

 

13.2

 

12.3

 

11.0

in the Executive Board

 

%

 

0

 

0

 

0

 

0

 

0

in the Supervisory Board

 

%

 

25.0

 

16.6

 

16.6

 

8.3

 

8.3

Severely disabled employees (Germany)Lagebericht 2014

 

%

 

3.6

 

3.4

 

3.5

 

3.1

 

3.6

Employee training

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2015

 

2014

 

2013

 

2012

 

2011

Employees who attended training opportunities Lagebericht 2014

 

%

 

56.9

 

66.2

 

60.3

 

61.0

 

64.4

Average training days per employeeLagebericht 2014

 

 

 

2.9

 

3.1

 

3.0

 

2.6

 

2.3

Average expenditure on training programmes per employeeLagebericht 2014

 

 

384

 

350

 

341

 

386

 

268

Apprentices and trainees in total workforceLagebericht 2014

 

%

 

0.9

 

0.9

 

0.9

 

0.9

 

1.3

Apprentices and trainees in GermanyLagebericht 2014

 

%

 

3.0

 

3.2

 

3.1

 

3.2

 

3.6

Occupational health and safety

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2015

 

2014

 

2013

 

2012

 

2011

1

As a result of the first-time application of the revised accounting standards, the sites in the scope of our reporting changed in the 2013 financial year. Accordingly, the key financial, environmental and employee KPIs for 2012 were adjusted retrospectively in the year 2013. In addition, the KPIs for employees, occupational health and safety and environmental protection for the year 2012 were retrospectively adjusted to account for the effects of the acquisition of the US homecare company Lincare.

2

EBIT (before non-recurring items) adjusted for amortisation of intangible assets and depreciation of tangible assets

3

Examples of other energy sources are heating oil, biofuel energy, propane, butane, thermal energy and diesel fuel. From 2015, this figure also includes diesel consumption by Linde’s transport contractors. The 2014 figure has been recalculated.

4

Increased water use from 2012 on is mainly due to use of sea water and once-through water at sites in Mexico, China and the United Arab Emirates.

5

Water consumption relates to drinking water and industrial water used. Once-through water is drawn from a natural or other sources, solely warmed and ultimately piped back to the original source at a temperature not posing any risk to the surrounding ecosystem.

6

From 2015, this figure also includes greenhouse gas emissions generated by Linde’s transport contractors. The 2014 figure has been recalculated.

7

This includes greenhouse gases specified in the Kyoto Protocol: methane (CH4), nitrous oxide (laughing gas, N2O), perfluorocarbons (PFCs), hydrofluorocarbons (HFCs), sulphur hexafluoride (SF6) and nitrogen trifluoride (NF3). In 2014, Linde has refined the determination method of the indicator for these GHGs to include additional emitters and emission sources. The reported figure for 2013 was recalculated based on this new method.

8

Since 2014, we also include the Radiative Forcing Index (RFI) to calculate emissions from business travel. Thereby, we take into account the higher impact of air travel on the greenhouse effect. Emissions for the year 2013 have been re-calculated accordingly.

9

In 2014, Linde has refined the determination method for emissions to the air. Where available, measurements were used for the new methodology. For production sites for which no measurements were available, we estimated the figures. Where possible, the reported figures for 2013 were recalculated based on these new methods. The determination method for VOC emissions could not be applied retroactively. Therefore, the values for this indicator are not comparable for the years 2013 and 2014.

10

The determination method for ammonia was revised during 2015. Reported ammonia emissions include uncontrolled releases to the atmosphere and since 2015 have been extended to include controlled releases to abatement systems at certain sites. The figure for 2014 has been restated accordingly.

11

In 2015, we have further improved the determination method for emissions to water (COD, BOD, nitrates, phosphates) applying measurement and extrapolation models. Although there are inherent limitations by applying this methodology, full measurement of these emissions by all Linde sites is considered economically not viable. The reported figures of the water emission indicators of the Linde Group therefore serve as an approximation. The figures for 2014 have been restated accordingly.

12

The lower figure for waste in 2015 is mainly due to a reduction in construction waste.

13

Incineration waste is partly used for heat recovery.

14

Severe traffic incidents, e.g. with serious effects on the health of the employees involved or with reportable emissions to the environment, as well as transport incidents leading to material costs above a defined threshold. The performance indicator was redefined in 2015. The new definition includes not only preventable transport incidents but also incidents previously classified as non-preventable. The figure has been recalculated for previous years.

15

The figures disclosed relate to internal and external audits conducted at production sites worldwide.

16

Staff turnover rate relates to employees who left the Group voluntarily during the period under review.

Workplace accidents of employees with at least one day of absenceGeprüft von KPMGLagebericht 2014

 

 

 

365

 

318

 

304

 

324

 

144

Workplace accidents of contractors with at least one day of absence

 

 

 

Geprüft von KPMG150

 

Geprüft von KPMG140

 

Geprüft von KPMG150

 

Geprüft von KPMG155

 

131

Workplace accidents with at least one day of absence (employees)Geprüft von KPMGLagebericht 2014

 

per million hours worked

 

2.7

 

2.4

 

2.3

 

2.5

 

1.4

Workplace accidents with at least one day of absence (contractors)Lagebericht 2014

 

per million hours worked

 

2.2

 

1.8

 

1.7

 

1.3

 

1.6

Fatal workplace accidents involving employees

 

 

 

Lagebericht 2014Geprüft von KPMG2

 

Lagebericht 2014Geprüft von KPMG2

 

Lagebericht 2014Geprüft von KPMG4

 

Lagebericht 2014Geprüft von KPMG4

 

5

Fatal workplace accidents involving contractors

 

 

 

Lagebericht 2014Geprüft von KPMG1

 

Lagebericht 2014Geprüft von KPMG3

 

Lagebericht 2014Geprüft von KPMG6

 

Lagebericht 2014Geprüft von KPMG4

 

3

Sick days

 

per employee

 

5.6

 

5.3

 

4.7

 

4.7

 

5.0