E_mg_GB_03_vorne-29_3_04

Key Figures for the mg Group
RESULTS OF OPERATIONS
SFY
1998/1999 1999/2000 2000/2001 2001/2002 2002 2003
s million s million s million s million s million u million
Sales 7,456 8,797 8,818 8,585.8 2,032.8 6,403.2
thereof outside Germany 4,680 6,077 6,419 6,322.2 1,516.6 4,670.6
thereof in Germany 2,776 2,720 2,399 2,263.6 516.2 1,732.6
EBITDA 515 708 702 633.9 98.5 110.4
EBIT
Earnings before income taxes
254 388 388 396.6 47.9 – 102.6
and minority interests 189 279 294 320.3 27.3 – 181.0
% of sales (ROS)
Post-tax profit/loss on discontinued operations
2.5 3.2 3.3 3.7 1.3 – 2.8
(before minority interests) – – – – – –69.6
Net loss/income 126 192 132 189.6 –31.0 – 198.6
NET ASSETS
Fixed assets 3,083 3,336 3,281 3,263.3 3,244.8 3,091.0
Non-fixed assets
thereof cash and cash equivalents
3,043 2,910 2,707 2,649.0 2,652.1 2,711.8
at Dec. 31 and Sep. 30 (1) 483 457 317 265.7 243.5 184.1
thereof assets from discontinued operations – – – – – 466.2
Other assets (prepaid expenses + deferred taxes) 1,082 1,129 922 838.8 803.1 897.5
Total assets at Dec. 31 and Sep. 30.
Consolidated shareholders’ equity
7,208 7,375 6,910 6,751.1 6,700.0 6,700.3
at Dec. 31 and Sep. 30 1,114 1,899 1,929 2,036.8 1,991.2 1,663.8
% of total assets 15.5 25.8 28 30.2 29.7 24.8
Minority interests 373 64 55 42.4 42.6 41.1
Provisions and accrued liabilities 2,161 2,086 1,967 1,851.7 1,781.8 1,827.6
Bonds 258 404 301 298.0 298.0 300.0
Liabilities to banks 921 876 716 683.6 800.5 843.8
Liabilities from discontinued operations – – – – – 429.7
Net position (2) – 988 – 823 – 700 – 715.9 – 855.0 – 959.7
Gearing in % (3) 88.7 43.3 36.3 35.1 42.9 57.7
FINANCIAL POSITION
Net cash provided by (used for) operating activities 357 207 390 205.9 – 65.1 136.8
Free cash flow (4) – 948 289 207 18.3 – 124.8 – 36.9
Investment (at balance sheet date) (5) 4,812 4,818 4,376 4,381.4 4,428.9 4,532.6
Capital expenditure incl. capital leases
thereof on property, plant and
685 416 416 304.0 66.7 292.8
equipment and intangible assets 225 275 293 268.3 65.2 259.5
Depreciation and amortization of fixed assets 261 320 314 237.4 50.7 213.0
EMPLOYEES (6)
Employees at Dec. 31 and Sep. 30 40,164 37,369 34,360 32,015 31,812 29,189
thereof in Germany 23,569 20,906 18,355 16,623 16,606 15,360
thereof outside Germany 16,595 16,463 16,005 15,392 15,206 13,829
Average number of employees during the year 33,104 38,145 35,994 33,185 32,677 29,299
Staff expenses 1,625 2,065 1,981 1,909.2 462.1 1,742.7
mg SHARES
Dividend per share (s) 0.26 0.25 0.25 0.25 0.06 –
Total dividend payout 48 48 48 48.3 11.6 –
Share price at Dec. 31 and Sep. 30 (s) 19.00 12.00 6.17 6.51 5.90 11.10
Basic earnings per share on continued operations 0.88 1.03 0.69 0.99 – 0.16 – 0.66
Basic earnings per share on discontinued operations
Weighted-average number of shares
– – – – – –0.36
outstanding (million) 144 186 191 192.3 193.3 193.8
Economic value added – 38 43 54 91.5 – – 369.1
(1) Cash and cash equivalents = liquid funds plus securities
(2) Net position = cash and cash equivalents (2) minus bonds minus bank debt
(3) Gearing = net position (3) / consolidated shareholders’ equity
(4) Free cash flow = net cash provided by (used for) operating activities plus net cash provided by (used for) investing activities
(5) Investment = fixed assets plus non-fixed assets
minus (total) trade payables minus liabilities from derivatives minus advance payments received
minus provisions for outstanding suppliers’ invoices
(6) Full-time equivalents (FTEs), excluding trainees