We make our customers successful. - Oerlikon Barmag

Saurer registered share 2003 2002 2001 2000 1999
Symbol SWX: SAUN, Security No. 1 234 514 nom. CHF 11.50 nom. CHF 12.50 nom. CHF 12.50 nom. CHF 13.30 nom. CHF 13.30
(Shares were split ten-for-one in August 2001. The prior years have been restated.)
Nominal share capital
Number of shares 15 430 000 15 430 000 15 430 000 15 430 000 15 430 000
Nominal share capital (CHF) 177 445 000 192 875 000 192 875 000 205 219 000 205 219 000
Conditional capital1) Number of shares (for convertible bond) 3 000 000 3 000 000 3 000 000 3 000 000 –
Nominal value (CHF) 34 500 000 37 500 000 37 500 000 39 900 000 –
Number of shares (for stock option plans) 1 250 000 1 250 000 1 250 000 1 250 000 1 250 000
Nominal value (CHF) 14 375 000 15 625 000 15 625 000 16 625 000 16 625 000
Authorized capital 1) (for capital market transactions)
Share statistics.
Number of shares 3 000 000 3 000 000 3 000 000 3 000 000 1 250 000
Nominal value (CHF) 34 500 000 37 500 000 37 500 000 39 900 000 16 625 000
Shares issued (year end)
Number of shares 15 430 000 15 430 000 15 430 000 15 430 000 15 430 000
Shares with rights to dividends (year end)
Number of shares 14 318 139 14 051 020 14 203 930 14 200 890 14 242 670
Treasury shares (year end)
Number of shares 1 111 861 1 378 980 1 226 070 1 229 110 1 187 330
Distributions (in respect of the financial year shown)
Capital repayment per share (CHF) 2) – 1.00 – 0.80 –
Total distributions (CHF)
(shown for year of payment)
15 430 000 – 12 344 000 – 26 231 000
Stock market capitalization
Year end (CHF) 786 065 831 432 068 865 426 117 900 1 065 066 750 1 095 261 323
Key data per share (EUR)
Earnings (loss) per share (EUR) 3) 33.3 2.37 –3.61 3.13 –3.13
Cash flow (EUR) (Net cash from operating activities) 8.83 10.28 8.20 7.70 –0.64
Shareholders’ equity (EUR) 3) 32.68 30.65 29.21 33.02 28.66
Key data per share (CHF)
Earnings (loss) per share (CHF) 3) 5.06 3.48 –5.46 4.88 –5.01
Cash flow (CHF) (Net cash from operating activities) 13.43 15.07 12.39 12.01 –1.02
Shareholders’ equity (CHF) 3) 50.91 44.58 43.29 50.52 45.86
Stock market prices (CHF)
High (CHF) 59.00 40.75 79.00 114.00 89.30
Low (CHF) 22.45 22.50 21.00 70.00 62.20
Year end (CHF) 54.90 30.75 30.00 75.00 76.90
1) The total of new shares issued must not exceed 5 000 000. See also Note 17, page 68.
2) The Board of Directors of Saurer Ltd. intends to propose to the General Meeting of Shareholders on May 13, 2004, a share repurchase with capital redemption
for a maximum of 930 000 registered shares. The repurchase of the shares to be canceled shall be by issue of negotiable put options – around 16.60
options are foreseen per registered share. The price for this repurchase by Saurer Ltd. will be determined after the General Meeting of Shareholders. Under
market conditions at the time of this communication a premium of 30% is planned.
3) The years 1999 to 2002 are restated for the translation of goodwill and goodwill amortization at current rather than fixed historical currency rates.
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