Siemens 2009 Annual Report Download - page 308

22
 Reports Supervisory Board /
Managing Board  Corporate Governance  Management’s discussion and analysis  Consolidated Financial Statements
2 Statement of the Managing Board  Responsibility statement  Independent auditors’ report  Five-year summary
Five-year summary
Five-year summary
Revenue and earnings  (in millions of €)     
Revenue 76,651 77,327 72,448 66,487 55,781
Gross profi t 20,710 21,043 20,876 17,379 15,683
Income from continuing operations 2,457 1,859 3,909 2,642 2,813
Net income 2,497 5,886 4,038 3,345 2,576
Assets, liabilities and equity
 (in millions of €)     
Current assets 44,129 43,242 47,932 50,014 45,502
Current liabilities 37,005 42,451 43,894 38,964 38,376
Debt 19,638 16,079 15,497 15,297 12,035
Long–term debt 18,940 14,260 9,860 13,122 8,040
Net debt
(9,309) (9,034) (11,299) (4,487) (1,681)
Pension plans and similar commitments 5,938 4,361 2,780 5,083 5,460
Equity 27,287 27,380 29,627 25,895 23,791
as a percentage of total assets 29 29 32 30 29
Total assets 94,926 94,463 91,555 87,528 81,579
Cash Flows
 (in millions of €)     
Net cash provided by operating activities 6,709 9,281 9,822 5,003 3,198
Amortization, depreciation and impairments
2,839 3,015 2,625 2,314 2,267
Net cash used in investing activities (3,431) (9,989) (10,068) (4,315) (5,052)
Additions to intangible assets and property, plant and equipment (2,923) (3,542) (3,067) (3,183) (2,670)
Net cash provided by (used in) fi nancing activities 36 3,730 (5,792) 1,540 (2,241)
Net increase (decrease) in cash and cash equivalents 3,275 1,989 (5,274) 2,093 (4,069)
Free cash fl ow 3,786 5,739 6,755 1,820 528
Employees  – continuing operations     
Employees  (September , in thousands) 405 427 398 371 359
Key capital market data (in €, unless otherwise indicated)     
Earnings per share from continuing operations 2.60 1.91 4.13 2.78 2.96
Diluted earnings per share from continuing operations 2.58 1.90 3.99 2.77 2.85
Dividend per share 1.60
51.60 1.60 1.45 1.35
Siemens stock price 
High 66.45 108.86 111.17 79.77 66.18
Low 35.52 64.91 66.91 60.08 56.20
Year-end (September ) 63.28 65,75 96.42 68.80 64.10
Siemens stock performance over prior year (in percentage points)
Compared to DAX index 2.24 (4.68) 11.72 (9.80) (19.10)
Compared to Dow Jones STOXX index 1.49 (0.40) 29.18 (8.46) (17.85)
Number of shares (in millions) 914 914 914 891 891
Market capitalization at period-end (in millions of €)  54,827 56,647 88,147 61,307 57,118
Credit rating of long-term debt
Standard & Poor’s A +
8AA – AA – AA – AA –
Moody’s A1 A1 A1 Aa3 Aa3
1 The historical results of Siemens VDO Automotive (SV) are reported as discontinued operations in the Consolidated Statements of Income for all periods presented.
2 Net debt includes four positions of the Consolidated Balance Sheets: Cash and cash equivalents, current Available-for-sale fi nancial assets (fi scal 2009, 2008, 2007 and 2006)/
Marketable securities (fi scal 2005), Short-term debt and current maturities of long-term debt and Long-term debt.
3 Amortization and impairment of intangible assets other than goodwill and depreciation and impairment of property, plant and equipment.
4 Without temporary student workers and trainees. For information regarding personnel related costs see Note 35.
5 To be proposed at the Annual Shareholders’ Meeting.
6 Xetra closing prices, Frankfurt.
7 Based on shares outstanding.
8 Changed from AA – to A + on June 5, 2009.
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