Henkel Annual Report 2011 - Henkel AG & Co. KGaA Annual Report ...

Henkel Annual Report 2011
Group segment report by business sector 1
See Note 34 for further explanatory information
Consolidated financial statements
Group segment report by business sector
Laundry & Cosmetics/ Adhesives Industrial Total Operating Corporate Henkel
Home Care Toiletries for Consum- Adhesives Adhesive business
Group
ers,CraftsTechno- sectors
men and
logies total
in million euros
Building
Sales 2011 4,304 3,399 1,933 5,813 7,746 15,449 156 15,605
Change from previous year –0.3 % 4.0 % 3.3 % 7.0 % 6.0 % 3.7 % –21.5 % 3.4 %
After adjusting for foreign exchange 2.0 % 5.1 % 5.9 % 8.9 % 8.1 % 5.7 % – 5.3 %
Organic 2.9 % 5.4 % 8.1 % 8.3 % 8.3 % 6.1 % – 5.9 %
Proportion of Group sales 27 % 22 % 12 % 37 % 50 % 99 % 1 % 100 %
Sales 2010 4,319 3,269 1,872 5,434 7,306 14,894 199 15,092
EBIT 2011 511 471 232 769 1,002 1,983 –127 1,857
EBIT 2010 542 411 216 662 878 1,831 –108 4 1,723
Change from previous year –5.8 % 14.6 % 7.8 % 16.2 % 14.1 % 8.3 % – 7.8 %
Return on sales (EBIT) 2011 11.9 % 13.8 % 12.0 % 13.2 % 12.9 % 12.8 % – 11.9 %
Return on sales (EBIT) 2010 12.6 % 12.6 % 11.5 % 12.2 % 12.0 % 12.3 % – 11.4 %
Adjusted EBIT 2011 570 482 254 821 1,075 2,127 –98 2,029
Adjusted EBIT 2010 562 436 246 692 938 1,936 –74 1,862
Change from previous year 1.4 % 10.5 % 3.3 % 18.7 % 14.7 % 9.9 % – 9.0 %
Return on sales (adjusted EBIT) 2011 13.2 % 14.2 % 13.2 % 14.1 % 13.9 % 13.8 % – 13.0 %
Return on sales (adjusted EBIT) 2010 13.0 % 13.3 % 13.1 % 12.7 % 12.8 % 13.0 % – 12.3 %
Capital employed 2011 2 2,314 2,001 979 5,874 6,853 11,168 40 11,208
Capital employed 2010 2 2,558 2,041 1,004 6,046 7,049 11,648 – 53 11,595
Change from previous year –9.5 % –2.0 % –2.4 % –2.8 % –2.8 % –4.1 % – –3.3 %
Return on capital employed (ROCE) 2011 22.1 % 23.5 % 23.7 % 13.1 % 14.6 % 17.8 % – 16.6 %
Return on capital employed (ROCE) 2010 21.2 % 20.1 % 22.1 % 11.0 % 12.5 % 15.8 % – 14.9 %
Amortization/depreciation/write-ups 2011 113 49 43 181 224 386 17 403
of which impairment losses 2011 14 – 1 6 7 21 – 21
of which write-ups 2011 – – – 1 1 1 – 1
Amortization/depreciation/write-ups 2010 121 48 67 220 287 456 22 478
of which impairment losses 2010 12 2 25 35 60 74 1 75
of which write-ups 2010
Capital expenditures
– – 1 4 5 5 1 6
(excl. financial assets) 2011
Capital expenditures
162 113 59 105 164 439 4 443
(excl. financial assets) 2010 85 43 35 85 120 248 11 260
Operating assets 2011 3 3,704 2,848 1,429 7,019 8,448 15,000 425 15,424
Operating liabilities 2011 1,228 1,050 504 1,458 1,962 4,240 385 4,625
Net operating assets employed 2011 3 2,476 1,798 925 5,561 6,486 10,759 40 10,799
Operating assets 2010 3 4,135 2,919 1,433 7,190 8,623 15,677 352 16,029
Operating liabilities 2010 1,408 1,077 487 1,419 1,906 4,391 405 4,796
Net operating assets employed 2010 3 2,727 1,842 946 5,770 6,717 11,286 – 53 11,233
1 Calculated on the basis of units of 1,000 euros.
2 Including goodwill at cost prior to any accumulated amortization in accordance with IFRS 3.79 (b).
3 Including goodwill at net book value.
4 Including restructuring charges of 14 million euros disclosed in 2010 for the last time under Corporate, arising from integration of the National Starch businesses.
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