Annual r eport 2002 Annual r eport 2002 - Boskalis

Key figures
Key figures (1) Annual Report 2002
(amounts x € 1 million, unless stated otherwise) 2002 2001
Turnover completed contracts 1,124 1,081
Turnover work done 1,035 1,083
Orderbook (work to be done) (2) 1,273 1,224
EBIT (3) 109.3 103.4
EBITDA (4) 175.9 165.6
Net result 82.1 77.7
Depreciation 66.6 62.2
Cash flow 148.7 139.9
Shareholders’ equity (2) 413.0 376.0
Average number of outstanding shares (x 1,000) (8) 25,949 25,900
Number of outstanding shares (x 1,000) (9) 25,970 25,917
Personnel (number of persons) (2) 3,285 3,119
Ratios (in percentages)
Operating result as % of the turnover completed contracts 8.9 9.0
Return on capital employed (5) 20.3 21.4
Return on equity (6) 20.8 22.1
Solvency (2/7) 41.6 38.4
Figures per share (amounts x € 1.00)
Profit (8/10) 3.16 3.00
Cash flow (8) 5.73 5.40
Shareholders’ equity (2/9) 15.90 14.51
Dividend 1.26 1.20
Share information Euronext Amsterdam
Ordinary shares (amounts x € 1.00)
• Price range 17.80/35.55 25.15/37.15
• Closing price at year-end 19.27 30.10
• Price/earnings ratio 6.1 10.0
(1) Figures taken from the respective financial statements.
(2) As at 31 December.
(3) Consists of earnings before interest and taxation.
(4) Consists of earnings before interest, taxation, depreciation and amortization.
(5) Net result + interest paid on long-term loans as % of the average capital employed (shareholders’
equity + long-term loans).
(6) Net result as % of the average shareholders’ equity.
(7) Shareholders’ equity as % of the balance sheet total (fixed assets + current assets).
(8) Weighted average number of outstanding ordinary shares less the number of shares owned
by the company.
(9) Number of outstanding ordinary shares less the number of shares owned by the company
as at 31 December.
(10) The dilution effect was practically nil up to the financial year 2002.
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