Siemens 2012 Annual Report Download - page 334

1 A. To our Shareholders 49 C. Combined Management Report 21 B. Corporate Governance
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.4 - 
Revenue and earnings (in millions of €)
    
Revenue 78,296 73,275 68,828 70,053 69,577
Gross profit 22,204 22,229 20,012 19,120 18,979
Income from continuing operations 5,184 7,376 4,329 2,533 1,574
Net income 4,590 6,321 4,068 2,497 5,886
Assets, liabilities and equity (in millions of €)     
Current assets 52,129 52,542 50,179 44,087 43,486
Current liabilities 42,637 43,560 40,610 36,510 42,142
Debt 20,707 17,940 19,913 19,638 16,079
Long-term debt 16,880 14,280 17,497 18,940 14,260
Net debt 9,292 4,995 5,560 9,309 9,034
Pension plans and similar commitments 9,926 7,307 8,464 5,938 4,361
Equity (including non-controlling interests) 31,302 32,156 29,096 27,287 27,380
as a percentage of total assets 29 31 28 29 29
Total assets 108,282 104,243 102,827 94,926 94,463
Cash flows (in millions of €)
    
Net cash provided by (used in) operating activities – continuing operations 6,996 8,081 9,055 6,246 8,169
Amortization, depreciation and impairments
2,744 2,437 2,568 2,395 2,471
Net cash provided by (used in) investing activities – continuing operations (5,034) (2,739) (2,010) (2,588) (9,082)
Additions to intangible assets and property, plant and equipment (2,206) (2,163) (1,939) (2,159) (2,397)
Net cash provided by (used in) financing activities – continuing operations (3,591) (7,062) (3,189) (344) 3,935
Net increase (decrease) in cash and cash equivalents (1,561) (1,715) 4,023 3,275 1,989
Free cash flow – continuing operations 4,790 5,918 7,116 4,087 5,773
Employees – continuing operations
    
Employees (September , in thousands) 370 359 335 333 346
Stock market information (in €, unless otherwise stated)     
Basic earnings per share (from continuing operations)
5.77 8.23 4.80 2.70 1.60
Diluted earnings per share (from continuing operations)
5.71 8.14 4.75 2.67 1.60
Dividend per share 3.0043.00 2.70 1.60 1.60
Stock price range (Xetra closing price)
High 79.71 99.38 79.37 66.45 108.86
Low 63.06 64.45 60.20 35.52 64.91
Fiscal year-end 77.61 68.12 77.43 63.28 65.75
Performance of Siemens shares year-over-year (in percentage points)
Compared to DAX® (12.57) 2.17 15.53 2.24 (4.68)
Compared to MSCI World (3.01) (5.16) 18.53 1.86 (4.46)
Number of shares issued (September , in millions) 881 914 914 914 914
Market capitalization (in millions of €)
66,455 59,554 67,351 54,827 56,647
Credit rating – long-term debt
Standard & Poor’s A+ A+ A+ A+ AA-
Moody’s Investors Service Aa3 A1 A1 A1 A1
1 Regarding activities classified as discontinued operations, prior periods are presented
on a comparable basis.
2 Net debt results from total debt less total liquidity. Total debt comprises short-term
debt and current maturities of long-term debt as well as long-term debt. Total liquidity
comprises cash and cash equivalents as well as available-for-sale financial assets (current).
3 Amortization, depreciation and impairments contains amortization and impairments,
net of reversals of impairments, of intangible assets other than goodwill as well as
depreciation and impairments of property, plant and equipment, net of reversals of
impairments.
4 To be proposed to the Annual Shareholders’ Meeting.
5 On the basis of outstanding shares.