We make our customers successful. - Oerlikon Barmag
We make our customers successful. - Oerlikon Barmag
We make our customers successful. - Oerlikon Barmag
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Multiple year comparison<br />
Income Statement (EUR 000) 2003 2002 2001 2000 1999<br />
Sales<br />
Natural fibers 732 519 774 181 730 552 768 999 574 134<br />
Synthetic fibers 542 852 437 340 458 849 294 932 –<br />
Saurer Textile Solutions 1 275 371 1 211 521 1 189 401 1 063 931 574 134<br />
Transmission Systems 363 009 380 172 282 208 213 684 169 473<br />
Discontinuing Operations – Surface Technology 107 494 105 799 117 115 143 064 119 194<br />
Other – – 4 188 4 851 4 608<br />
Total sales 1 745 874 1 697 492 1 592 912 1 425 530 867 409<br />
Gross profit 397 710 399 346 362 450 353 666 181 718<br />
Operating expenses before impairment charge<br />
and sale of discontinuing operations –310 692 –329 993 –347 426 –276 492 –217 208<br />
Impairment charge – – –50 838 – –<br />
Profit on sale of discontinuing operations 988 – – – –<br />
Operating profit (loss) 88 006 69 353 –35 814 77 174 –35 490<br />
of which Saurer Textile Solutions1) 59 100 37 215 – 58 170 47 211 –51 530<br />
Transmission Systems<br />
Discontinuing Operations –<br />
27 518 36 391 30 844 25 119 15 232<br />
Surface Technology 2 889 –4 006 –8 197 5 786 2 774<br />
Net financial income (expense) –17 771 –17 983 –19 693 –17 464 3 223<br />
Profit (loss) before taxes 70 235 51 370 – 55 507 59 710 –32 267<br />
Income taxes –21 716 –16 758 5 316 –14 194 –11 684<br />
Minority interests –1 319 –1 146 –1 123 –1 046 –906<br />
Net profit (loss) 47 200 33 466 –51 314 44 470 –44 857<br />
EBITDA (operating profit before depreciation and amortization)<br />
Total 166 195 148 697 100 142 151 009 22 976<br />
of which Saurer Textile Solutions1) 96 298 79 115 40 962 90 043 –17 893<br />
Transmission Systems<br />
Discontinuing Operations –<br />
57 420 62 308 52 007 41 917 28 345<br />
Surface Technology 13 857 7 409 5 658 19 270 13 855<br />
Depreciation and amortization<br />
Total 78 189 79 344 85 118 73 835 58 466<br />
as % of sales 4.5% 4.7% 5.3% 5.2% 6.7%<br />
of which Saurer Textile Solutions1) 37 198 41 900 48 294 42 832 33 637<br />
Transmission Systems<br />
Discontinuing Operations –<br />
29 902 25 917 21 163 16 798 13 113<br />
Surface Technology 10 968 11 415 13 855 13 484 11 081<br />
Order intake, order backlog<br />
Order intake 1 709 435 1 791 418 1 440 566 1 521 522 886 891<br />
Order backlog 409 021 466 196 379 982 518 503 167 646<br />
Cash flow<br />
Net cash from operating activities 125 025 144 999 116 590 109 512 –9 091<br />
as % of sales 7.2% 8.5% 7.3% 7.7% –1.0%<br />
Capital expenditure 50 913 49 571 64 014 73 611 63 254<br />
of which Saurer Textile Solutions1) 26 869 26 222 28 844 33 728 25 201<br />
Transmission Systems<br />
Discontinuing Operations –<br />
20 138 19 916 29 255 31 088 20 839<br />
Surface Technology 3 758 3 418 5 265 8 577 17 111<br />
The years 1999 to 2002 are restated for the translation of goodwill amortization at current rather than fixed historical currency rates.<br />
1) From 2003 Saurer Textile Solutions includes real estate in Arbon, Switzerland, which was previously included in Corporate/Other. The year 2002 has been<br />
restated for ease of comparison.<br />
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