Performance indicators and their meaning
| Abbreviation if any | Indicator | 2010|11 | 2009|10 | |
|---|---|---|---|---|
| Definition | ||||
| Borrowings = Bank loans and overdrafts + Borrowings from affiliated companies + lease liabilities |
€000 | 561,872 | 555,461 | |
| CE | Capital employed = (PP&E + intangibles including goodwill) + working capital I |
€000 | 1,383,054 | 1,324,230 |
| Dividend yield = Dividend per share / closing share price |
% | 3.0 | 2.7 | |
| EBIT | Operating profit before exceptional items = Earnings before interest, tax and exceptional items |
€000 | 128,053 | 91,937 |
| EBITDA | Earnings before interest, tax, depreciation and
amortisation (income statement items 8 + 6) = EBIT + depreciation and amortisation |
€000 | 207,234 | 176,246 |
| EBITDA margin | = EBITDA × 100 ÷ revenue | % | 9.6 | 8.9 |
| EPS | Earnings per share = Profit/(loss) for the period / number of shares outstanding |
€ | 5.95 | 5.08 |
| Equity ratio = Equity / total assets |
% | 48.7 | 47.9 | |
| EVS | Equity value per share = Equity attributable to shareholders of the parent / number of shares outstanding |
€ | 66.3 | 61.9 |
| FCF | Free Cash Flow = Net cash flow from/used in operating activities + net cash from/used in investing activities |
€000 | 23,841 | 113,750 |
| Gearing = Net debt / total equity * 100 |
% | 39.4 | 41.6 | |
| Intangible assets including goodwill | €000 | 248,551 | 252,446 | |
| P/E | Price/earnings ratio = Closing share price at financial year end / earnings per share |
13.3 | 14.1 | |
| PP&E | Property, plant and equipment | €000 | 577,709 | 597,788 |
| Net debt = Borrowings less (cash + cheques + other bank deposits + current securities + non-current securities) |
€000 | 382,436 | 376,581 | |
| Operating margin = EBIT * 100 / revenue |
% | 5.9 | 4.6 | |
| ROCE | Return on Capital employed = EBIT * 100 / capital employed |
% | 9.3 | 6.9 |
| ROS | Return on Sales = Profit/(loss) before tax * 100 / revenue |
% | 5.0 | 4.4 |
| WC I | Working Capital I = Inventories + trade receivables + other assets - current provisions - current prepayments received - trade payables - other payables |
€000 | 556,794 | 473,996 |