Annual Report 2005 - Walter Meier

Key figures at a glance
WMH Group
CHF mil. 2002 2003 2004 2005
Net sales 756.4 693.3 707.9 690.0
EBITA 38.1 17.7 26.8 33.6
Net income/loss 20.6 -9.9 -9.1 21.3
Cash flow from operating activities 36.0 19.8 47.3 27.5
Cash flow from investing activities -30.3 -7.4 -10.4 -8.9
Free cash flow/cash drain(-) 5.7 12.4 36.9 18.6
Current assets 312.5 263.2 267.6 269.2
Long-term assets 141.0 110.9 78.6 82.9
Liabilities 289.1 236.0 223.6 214.1
of which interest-bearing 113.3 80.2 67.5 59.2
Shareholders’ equity 164.4 138.1 122.7 138.0
Return on shareholders’ equity (ROE) % 13.6 -6.5 -6.7 16.3
Return on total assets used for operations (ROA) % 11.9 5.5 8.1 11.2
Return on net sales (ROS) % 2.7 -1.4 -1.3 3.1
Number of employees (year-end) 1903 1779 1834 1763
Key figures in USD and EUR
(All figures are converted at the year-end exchange rate) 2004 2005 2004 2005
USD mil. USD mil. EUR mil. EUR mil.
Net sales 625.5 524.6 458.6 443.2
EBITA 23.7 25.5 17.4 21.6
Net income/loss -8.1 16.2 -5.9 13.7
Cash flow from operating activities 41.8 20.9 30.7 17.7
Cash flow from investing activities -9.2 -6.8 -6.7 -5.7
Free cash flow/cash drain(-) 32.6 14.1 23.9 11.9
Current assets 236.5 204.7 173.4 172.9
Long-term assets 69.5 63.0 51.0 53.3
Liabilities 197.6 162.8 144.9 137.5
of which interest-bearing 59.7 45.0 43.7 38.0
Shareholders’ equity 108.4 104.9 79.5 88.6
Year-end exchange rate USD 1.1316 1.3153
Year-end exchange rate EUR 1.5434 1.5568
WMH Walter Meier Holding AG
2002 2003 2004 2005
Dividend income CHF mil. 24.0 11.5 17.1 27.1
Net income CHF mil. 7.0 2.0 2.9 11.7
Share price year-end (adjusted) CHF 59.45 63.25 64.00 86.30
Dividend per -A- registered share (adjusted) CHF 3.25 0.00 0.00 5.00