BAM Abbreviated Annual Report 2011 - Siteseeing in the world of ...

2006 2005 2004 2003 1 2002
IFRS IFRS IFRS NL GAAP NL GAAP
8,646 7,425 7,493 7,770 3,579 Revenue
262.6 235.3 232.7 172.6 75.7 Operating result excluding fines
255.2 235.3 192.7 145.2 75.7 Operating result
228.4 229.9 172.3 112.6 70.2 Result before tax
137.0 153.3 106.4 56.0 46.7 Net result attributable to shareholders
137.0 153.3 91.1 38.2 45.9 Net result attributable to holders of ordinary shares
8,150 7,425 7,493 7,770 3,579 Revenue from continuing operations
237.2 235.3 192.7 145.2 75.7 Operating result from continuing operations
209.8 229.9 172.3 112.6 70.2 Result from continuing operations before tax
Net result from continuing operations before tax
124.8 153.3 106.4 56.0 46.7 attributable to shareholders
1.11 1.46 1.06 0.52 0.87 Earning per ordinary share (in € 1) 7
1.04 1.28 0.87 0.45 0.74 Fully diluted result per ordinary share (in € 1) 7
0.45 0.40 0.31 0.31 0.31 Dividend per ordinary share (in € 1) ²
692.6 581.7 435.1 441.1 404.1 Equity attributable to shareholders
150.0 155.1 121.3 125.9 30.5 Subordinated loans ³
48.2 53.6 - - - Preference shares
49.0 - - - - Third-party shareholders AM
- - - 17.4 33.2 Convertible subordinated bond loan 3
939.8 790.4 556.4 584.4 467.8 Capital base
119.2 101.0 92.9 86.0 54.3 Net additions to property, plant and equipment
Depreciation/amortisation/impairment of:
96.5 97.6 92.5 134.1 43.5 - Property, plant and equipment
3.4 8.0 2.7 35.4 8.7 - Intangible assets
- 1.0 - - - - Other impairments
230.9 259.9 201.6 225.4 98.8 Cash flow before dividend
1.0 16.0 4.0 2.9 - Total impairments
13,100 10,400 8,900 9,100 10,200 Order book 4
28,330 26,914 26,801 29,551 14,972 Average number of fte
30,338 27,190 26,651 26,837 30,588 Number of fte at year-end
2.7 3.3 2.9 2.3 2.2
Ratios (in %)
Result before tax, impairments and fines as % of revenu 5
2.6 3.1 2.3 1.9 2.2 Result before tax and impairment of goodwill as % of revenu 5
Result from continuing operations before tax and impairment
2.6 3.1 2.3 1.9 2.2 of goodwill as % of revenue
1.6 2.1 1.4 0.7 1.3 Net result as % of revenue
21.5 37.8 28.2 13.2 29.2 Net result as % average equity
10.7 11.7 9.2 14.1 10.5
Capital ratios:
- Equity attributable to shareholders as % of total assets
14.5 15.9 11.7 18.7 12.1 - Capital base as % of total assets
1.16 1.09 0.99 0.92 0.77 Current ratio
4 The orderbook comprises both signed contracts and verbally agreed upon orders.
5 Including goodwill amortisation in the years 2002 and 2003.
6 In 2009 revenu, operating result and order book are adjusted due to IFRIC 12.
7 2009 adjusted for rights issue.
117
2011