AnnuAl report 2010 - Walter Meier

26 / 5-year oVerVieW
WAlter meier / AnnuAl report 2010
5-yeAr oVerVieW
in CHF million 2006 2007 2008 2009 2010
income statement
net sales 1) 788.0 859.8 806.9 659.0 645.4
eBitdA 2) 61.8 64.8 52.0 44.5 64.4
eBit 2) 47.9 55.0 44.0 31.1 51.1
in % of net sales 1) 6.1 6.4 5.5 4.7 7.9
exceptional effects – 15.4 –26.9 – –
net income 36.5 58.1 4.1 22.2 41.2
Climate technology
net sales 1) 445.1 467.4 460.7 440.1 430.5
eBit 2) 44.0 40.4 38.9 37.6 38.2
in % of net sales 1) 9.9 8.6 8.4 8.5 8.9
manufacturing technology
net sales 1) 342.9 392.4 346.2 218.9 214.9
eBit 2) 7.7 20.1 11.2 –2.1 15.6
in % of net sales 1) 2.2 5.1 3.2 –1.0 7.3
Corporate
eBit 2) –3.8 –5.5 –6.1 –4.4 –2.7
Cash flow statement
Cash flow from operating activities 44.2 44.2 8.1 92.2 47.6
Cash flow from investing activities –14.3 21.7 –24.2 –19.0 –6.6
Free cash flow 29.9 65.9 –16.1 73.2 41.0
Balance sheet
total assets 388.3 380.3 369.1 337.4 320.6
Cash and cash equivalents 31.0 41.8 29.1 54.3 47.2
trade receivables 133.7 127.0 126.2 92.8 90.2
inventories 124.8 119.0 129.7 84.2 88.0
trade accounts payable 49.7 58.5 43.5 36.8 35.0
Financial liabilities 40.4 25.0 65.4 25.4 1.6
equity 156.9 172.1 132.0 162.4 170.5
in % of total assets 40.4 45.3 35.8 48.1 53.2
return of equity in % 23.6 30.8 2.3 14.4 24.5
number of employees
(full-time-equivalents)
Group 1 802 1 770 1 650 1 575 1 549
Climate technology 1 200 1 201 1 190 1 237 1 221
manufacturing technology 576 536 427 297 283
Corporate 26 33 33 41 45
share information
earnings per share in CHF 3) 17.09 28.28 2.03 10.37 19.09
profit payment in CHF 4) 10.00 15.00 2.00 7.00 12.50
Share price in CHF 132.00 249.00 63.00 92.50 191.50
Stock market capitalization 294.5 555.5 140.5 206.4 427.2
number of outstanding shares 4) 2 158 276 2 028 408 2 020 754 2 198 905 2 125 598
significant shareholders in % of capital
Greentec AG 5) 29.7 45.4 45.3 54.6 54.6
dr. reto. e. meier 19.4 16.8 17.2 17.2 17.3
treasury shares 3.3 9.1 9.4 1.4 4.7
Free float 24.9 28.7 28.1 26.8 23.4
1) Adjustment 2006-2009: see note 2.2. error in the presentation of outbound freight, agent commission charges and the cost of installations by third parties.
2) net of exceptional effects 2007 and 2008.
3) per -A- registered share, based on average of outstanding shares.
4) Weighted -A- registered shares and -B- registered shares.
5) in 2007, Greentec AG acquired the block of shares held by the heirs of J. W. meier.