118 Multi-Year Overview
Multi-Year Overview
Key figures at a glance
2011 2012 2013 2014 in € million
BYK 581.9 618.4 691.5 856.7 ECKART 346.8 340.5 334.6 332.2 ELANTAS 390.9 412.5 414.6 431.2 ACTEGA 297.0 333.9 324.7 332.1 2011 2012 2013 2014 in € million
Sales 1,616.7 1,705.3 1,765.4 1,952.3 Earnings before interest, taxes, depreciation
and amortization (EBITDA) 308.0 323.2 335.7 397.4 EBITDA margin 19.1 % 19.0 % 19.0 % 20.4 % Operating income (EBIT) 217.0 226.9 229.1 267.7 EBIT margin 13.4 % 13.3 % 13.0 % 13.7 % Earnings before taxes (EBT) 207.7 217.2 212.6 251.8 EBT margin 12.8 % 12.7 % 12.0 % 12.9 % Net income (EAT) 147.5 154.7 151.6 179.2 EAT margin 9.1 % 9.1 % 8.6 % 9.2 % Research and development expenses 87.7 102.3 109.4 113.9 Capital expenditure on intangible assets,
property, plant and equipment 93.5 89.8 94.3 90.4 Cash flow from operating activities 170.0 274.5 258.8 298.2 Return on Capital Employed (ROCE) 11.2 % 10.8 % 9.9 % 10.3 % ALTANA Value Added (AVA) 53.2 50.0 38.7 51.9 Total assets (Dec. 31) 2,001.9 2,121.3 2,546.0 2,756.2 Shareholders’ equity (Dec. 31) 1,417.1 1,498.2 1,565.6 1,745.5 Net debt (-) / Net financial assets (+) ¹ (Dec. 31) (26.8) 68.2 (303.6) (280.1) Headcount (Dec. 31) 5,313 5,363 5,741 6,064 ¹ Comprises cash and cash equivalents, current financial assets, current marketable securities, loans granted, debt, and employee benefit obligations.
Sales by division
Sales by region
2011 2012 2013 2014 in € million
Europe 740.8 751.7 745.2 795.1 thereof Germany 258.5 266.1 262.4 276.7 Americas 373.3 412.0 438.4 527.1 thereof U.S. 243.2 268.4 289.5 365.0 Asia 447.7 509.6 547.4 593.0 thereof China 228.5 252.5 287.8 309.8 Other regions 54.9 31.9 34.3 37.0 Change in country allocation as of 2012