Siemens 2014 Annual Report Download - page 344

108 A. To our Shareholders 131 B. Corporate Governance 171 C. Combined Management Report
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E. Five-year summary
Revenue and profit
FY  FY  FY  FY  FY 
Revenue in millions of € 71,920 73,445 74,734 69,607 65,067
Gross profit in millions of € 20,755 20,135 21,128 21,160 19,045
Income from continuing operations in millions of € 5,400 4,179 4,565 6,469 3,991
Net income in millions of € 5,507 4,409 4,282 5,899 3,881
Assets, liabilities and equity FY  FY  FY  FY  FY 
Current assets in millions of € 48,076 46,937 52,128 52,540 50,179
Current liabilities in millions of € 36,598 37,868 42,627 43,549 40,602
Debt in millions of € 20,947 20,453 20,707 17,940 19,913
Long-term debt in millions of € 19,326 18,509 16,880 14,280 17,497
Net debt  in millions of € 12,008 10,663 9,292 4,995 5,560
Post-employment benefits in millions of € 9,324 9,265 9,801 7,188 8,342
Equity (including non-controlling interests) in millions of € 31,514 28,625 31,424 32,271 29,222
as a percentage of total assets in % 30 28 29 31 28
Total assets in millions of € 104,879 101,936 108,251 104,210 102,791
Cash flows FY  FY  FY  FY  FY 
Cash flows from operating activities – continuing operations in millions of € 7,230 7,186 6,992 7,979 8,640
Amortization, depreciation and impairments  in millions of € 2,406 2,735 2,625 2,379 2,454
Cash flows from investing activities – continuing operations in millions of € (4,364) (4,759) (4,906) (2,835) (2,230)
Additions to intangible assets and property,
plant and equipment in millions of € (1,831) (1,808) (2,121) (2,091) (1,859)
Cash flows from financing activities – continuing operations in millions of € (4,485) (3,715) (3,017) (5,591) (2,735)
Change in cash and cash equivalents in millions of € (1,199) (1,717) (1,561) (1,715) 4,023
Free cash flow – continuing and discontinued operations in millions of € 5,201 5,328 4,700 5,282 7,109
Free cash flow – continuing operations in millions of € 5,399 5,378 4,871 5,889 6,781
Employees  – continuing operations FY  FY  FY  FY  FY 
Employees (September ) in thousands 343 348 352 341 316
Stock market information FY  FY  FY  FY  FY 
Basic earnings per share – continuing and discontinued operations in € 6.37 5.08 4.74 6.55 4.28
Basic earnings per share – continuing operations  in € 6.24 4.81 5.06 7.19 4.41
Diluted earnings per share – continuing and discontinued operations in € 6.31 5.03 4.69 6.48 4.23
Diluted earnings per share – continuing operations  in € 6.18 4.76 5.01 7.12 4.37
Dividend per share in € 3.3043.00 3.00 3.00 2.70
Siemens stock price (Xetra closing price)
High in € 101.35 90.33 79.71 99.38 79.37
Low in € 88.71 76.00 63.06 64.45 60.20
Fiscal year-end in € 94.37 89.06 77.61 68.12 77.43
Siemens stock price performance year-over-year
Compared to DAX® in %-points (0.92) 3.67 (12.57) 2.17 15.53
Compared to MSCI World in %-points (2.89) 2.55 (3.01) (5.16) 18.53
Number of shares issued (September ) in millions 881 881 881 914 914
Market capitalization  in millions of € 78,823 75,078 66,455 59,554 67,351
Credit rating of long-term debt
Standard & Poor’s Ratings Services A+ A+ A+ A+ A+
Moody’s Investors Service Aa3 Aa3 Aa3 A1 A1
1 Regarding activities classified as discontinued operations,
prior years 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 includes
depreciation and impairments of property, plant and
equipment, net of reversals of impairments as well as
amortization and impairments of intangible assets, net
of reversals of impairment.
4 To be proposed to the Annual Shareholders’ Meeting.
5 On the basis of outstanding shares.