APC 2007 Annual Report Download - page 11

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2007 was a key year for Schneider Electric shaped by record
growth and earnings.
After ten months in the Group, APC has significantly outperformed
the acquisition plan, due in part to its successful combination with MGE.
Thanks to a deep shift in the Group’s business portfolio towards the most
promising markets, Schneider Electric generated 32% of its business in
emerging countries and 20% in energy efficiency, an area in which
it is uniquely positioned.
Profit attributable
to equity holders
of the parent
(million)
03
433
04
824
05
994
06
1,309
07
1,583
Up 21%
Profit attributable to equity
holders of the parent surged 21%,
reflecting a 1.4-point decline in
the effective tax rate to 27.1%
and good interest expense
management during a sharp
increase in net debt to finance
the acquisition of APC.
2007 consolidated
revenue by region
03
942
10.7 %
04
1,282
12.4 %
05
1,548
13.3 %
06
1,921
14.0 %
07
2,211
12.8 %
1,583
million
Operating
cash flow
(million and as a % of revenue)
2,211
million
Up 15%
Operating cash flow rose 15%
and represented 12.8% of revenue.
After capital spending and changes
in working capital requirement, free
cash flow stood at 1,530 million,
or 8.8% of revenue.
45%
43%
Europe
North America
Asia-Pacific
Rest of the World
*Asia-Pacific, Rest of the World,
Eastern Europe.
Europe
North America
Asia-Pacific
Rest of the World
28%
24%
27%
6%
Workforce by region
120,000 employees
19%
8%
Emerging
markets*
32%
9