108 Multi-Year Overview
Multi-Year Overview
Key figures at a glance
2008 2009 2010 2011 in € million
BYK 450.5 419.9 541.2 581.9 ECKART 350.7 282.3 356.6 346.8 ELANTAS 326.5 272.7 377.4 390.9 ACTEGA 214.0 206.8 260.2 297.0 2008 2009 2010 2011 in € million
Sales 1,341.7 1,181.7 1,535.4 1,616.7 Earnings before interest, taxes, depreciation
and amortization (EBITDA) 242.9 208.4 314.1 308.0 EBITDA margin 18.1 % 17.6 % 20.5 % 19.1 % Operating income (EBIT) 170.3 53.5 230.2 217.0 EBIT margin 12.7 % 4.5 % 15.0 % 13.4 % Earnings before taxes (EBT) 158.7 39.0 218.2 207.7 EBT margin 11.8 % 3.3 % 14.2 % 12.8 % Net income (EAT) 103.4 11.0 152.3 147.5 EAT margin 7.7 % 0.9 % 9.9 % 9.1 % Research and development expenses 72.1 70.6 82.0 87.7 Capital expenditure on intangible assets,
property, plant and equipment 107.9 54.0 73.8 93.5 Cash flow from operating activities 204.5 224.6 238.6 170.0 Return on Capital Employed (ROCE) 9.4 % 7.6 % 12.2 % 11.2 % ALTANA Value Added (AVA) 20.2 (5.4) 64.2 53.2 Total assets (Dec. 31) 1,749.6 1,707.8 1,943.6 2,001.9 Shareholders’ equity (Dec. 31) 1,178.4 1,177.6 1,364.2 1,417.1 Net debt (-) / Net financial assets (+) ¹ (Dec. 31) (99.3) (55.0) 79.7 (26.8) Headcount (Dec. 31) 4,791 4,789 4,937 5,313 ¹ Comprises cash and cash equivalents, current financial assets, marketable securities, loans granted, debt, and employee benefit obligations.
Sales by division
Sales by region
2008 2009 2010 2011 in € million
Europe 664.8 555.1 683.7 740.8 thereof Germany 231.0 188.0 234.5 258.5 Americas 305.9 267.7 361.5 373.3 thereof U.S. 203.7 178.4 242.0 243.2 Asia 325.7 317.9 439.0 447.7 thereof China 152.9 164.3 224.2 228.5 Other regions 45.3 41.0 51.2 54.9 Change in country allocation as of 2012