APC 2006 Annual Report Download - page 11

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2006: a historic year for Schneider Electric
In 2006, Schneider Electric actively pursued its strategy to increase
its growth potential. Thanks to action plans deployed as part of the new2
company program, the Group energetically repositioned itself towards
emerging markets and in new activities, with a focus on technological
innovation. This new dynamic resulted in strong revenue growth, which,
combined with stepped-up efficiency plans, led through to significantly
higher profits and an attractive return on investment for shareholders.
02
422
03
433
04
824
05
994
06
1,309
Profit attributable
to equity holders
of the parent
(million)
1,309
million in net profit
attributable to equity holders
of the parent
up 32%
Profit attributable to equity holders
of the parent increased by a strong
32%, reflecting good interest expense
management during a sharp increase
in net debt and a 0.6-point decrease
in the effective tax rate to 28.5% from
29.1%. Earnings per share rose 31%,
in tandem with attributable profit,
to 5.95.
02
968
10.7%
03
942
10.7%
04
1,282
12.4%
05
1,548
13.3%
06
1,921
14.0%
Operating
cash flow
(million and as
a % of revenue)
1,921
million in
operating cash flow
1,107
million in free cash flow
up 24%
Operating cash flow totaled
1,921 million and represented
14.0% of revenue. After changes in
working capital and net investment,
free cash flow rose 30% to
1,107 million.
04
9.7%
05
10.5 %
06
11.7%
Return on
capital employed
(in %)
up 1.2 pt
Return on capital employed
increased by 1.2 points to 11.7%
thanks to tight control over capital
employed, which rose by only 15%
during a period of strong business
and earnings growth.
9