|
|
|
|
|
|
|
 |
|
|
|
|
|
|
|
|
|
|
in Swiss francs (CHF) millions, unless otherwise stated |
|
2007 |
2006 |
20051 |
20041,2 |
20031,2 |
|
|
Statement of income |
|
|
Net sales |
|
27,052 |
23,969 |
18,468 |
13,215 |
12,600 |
|
|
Gross profit |
|
12,979 |
11,353 |
8,729 |
6,577 |
6,017 |
|
|
Operating EBITDA |
|
6,930 |
6,086 |
4,627 |
3,588 |
3,311 |
|
|
Operating EBITDA margin |
|
25.6% |
25.4% |
25.1% |
27.2% |
26.3% |
|
|
EBITDA |
|
8,468 |
6,333 |
4,757 |
3,619 |
3,383 |
|
|
Operating profit |
|
5,024 |
4,385 |
3,316 |
2,251 |
1,925 |
|
|
Operating profit margin |
|
18.6% |
18.3% |
18.0% |
17.0% |
15.3% |
|
|
Depreciation and amortization |
|
1,919 |
1,723 |
1,339 |
1,444 |
1,446 |
|
|
EBIT |
|
6,549 |
4,610 |
3,418 |
2,175 |
1,937 |
|
|
Income taxes |
|
1,201 |
1,078 |
865 |
510 |
510 |
|
|
Tax rate |
|
20.9% |
28.4% |
32.6% |
31.1% |
35.5% |
|
|
Net income |
|
4,545 |
2,719 |
1,789 |
1,128 |
928 |
|
|
Net income margin |
|
16.8% |
11.3% |
9.7% |
8.5% |
7.4% |
|
|
Net income - equity holders of Holcim Ltd |
|
3,865 |
2,104 |
1,511 |
889 |
682 |
|
|
Cash flow statement |
|
|
Cash flow from operating activities |
|
5,323 |
4,423 |
3,405 |
2,622 |
2,619 |
|
|
Cash flow margin |
|
19.7% |
18.5% |
18.4% |
19.8% |
20.8% |
|
|
Investments in property, plant and equipment for maintenance |
|
1,043 |
1,062 |
879 |
755 |
802 |
|
|
Investments in property, plant and equipment for expansion |
|
2,245 |
1,265 |
607 |
368 |
490 |
|
|
Financial investments in financial assets,
intangible assets and other assets net |
|
2,277 |
2,054 |
4,853 |
1,279 |
442 |
|
|
Balance sheet |
|
|
Current assets |
|
10,372 |
9,747 |
8,849 |
7,396 |
6,028 |
|
|
Long-term assets |
|
37,839 |
34,955 |
29,262 |
18,454 |
18,786 |
|
|
Total assets |
|
48,211 |
44,702 |
38,111 |
25,850 |
24,814 |
|
|
Short-term liabilities |
|
9,025 |
8,621 |
6,782 |
5,350 |
5,224 |
|
|
Long-term liabilities |
|
17,241 |
17,356 |
17,079 |
9,839 |
10,127 |
|
|
Total shareholders' equity |
|
21,945 |
18,725 |
14,250 |
10,661 |
9,463 |
|
|
Shareholders' equity as % of total assets |
|
45.5% |
41.9% |
37,4% |
41.2% |
38.1% |
|
|
Minority interest |
|
3,163 |
3,548 |
2,783 |
2,178 |
2,666 |
|
|
Net financial debt |
|
12,873 |
12,837 |
12,693 |
6,846 |
8,324 |
|
|
Capacity, sales and personnel |
|
|
Annual production capacity cement (Million t) |
|
197.8 |
197.8 |
160.4 |
154.1 |
145.2 |
|
|
Sales of cement (Million t) |
|
149.6 |
140.7 |
110.6 |
102.1 |
94.3 |
|
|
Sales of mineral components (Million t) |
|
5.5 |
6.0 |
5.5 |
4.4 |
3.2 |
|
|
Sales of aggregates (Million t) |
|
187.9 |
187.6 |
169.3 |
104.2 |
95.9 |
|
|
Sales of ready-mix concrete (Million m3) |
|
45.2 |
44.2 |
38.2 |
29.3 |
27.0 |
|
|
Personnel (31.12.) |
|
89,364 |
88,783 |
59,901 |
46,909 |
48,220 |
|
|
Financial ratios |
|
|
Return on equity3 |
|
22.8% |
15.8% |
15.1% |
11.6% |
10.2% |
|
|
Gearing4 |
|
58.7% |
68.6% |
89.1% |
64.2% |
88.0% |
|
|
Funds from operations5 / net financial debt |
|
50.2% |
34.6% |
24.6% |
37.6% |
28.5% |
|
|
EBITDA net interest coverage |
|
11.0x |
6.8x |
6.0x |
6.8x |
6.8x |
|
|
EBIT net interest coverage |
|
8.5x |
5.0x |
4.3x |
4.1x |
3.9x |
|
|
Current rating |
|
|
Standard & Poor's long-term rating |
|
BBB+, outlook stable |
|
|
Standard & Poor's short-term rating |
|
A-2 |
|
|
|
|
|
|
Fitch's long-term rating |
|
BBB+, outlook stable |
|
|
Fitch's short-term rating |
|
F2 |
|
|
|
|
|
|
Registered share (par value CHF 2)6 |
|
|
Number of shares issued |
|
263,586,090 |
255,348,625 |
229,925,518 |
229,925,518 |
201,184,829 |
|
|
Number of dividend-bearing shares |
|
263,586,090 |
255,348,625 |
229,925,518 |
229,925,518 |
201,184,829 |
|
|
Number of shares conditional capital7 |
|
1,422,350 |
9,659,815 |
14,007,875 |
14,007,875 |
14,007,875 |
|
|
Number of treasury shares |
|
688,849 |
679,912 |
828,998 |
6,786,750 |
5,958,869 |
|
|
Earnings per dividend-bearing share in CHF8 |
|
14.86 |
8.64 |
6.61 |
4.21 |
3.49 |
|
|
Cash earnings per share in
CHF8,9 |
|
15.39 |
9.14 |
6.90 |
5.83 |
4.93 |
|
|
Gross dividend per share in CHF |
|
3.3010 |
2.00 |
1.65 |
1.25 |
1.15 |
|
|
Exchange rates in CHF |
|
|
USD average exchange rate |
|
1.20 |
1.25 |
1.25 |
1.24 |
1.34 |
|
|
EUR average exchange rate |
|
1.65 |
1.58 |
1.55 |
1.54 |
1.52 |
|
|
USD year-end exchange rate |
|
1.13 |
1.22 |
1.32 |
1.14 |
1.24 |
|
|
EUR year-end exchange rate |
|
1.66 |
1.61 |
1.56 |
1.55 |
1.56 |
|
|
|
1 Restated in line with IAS 21 amended.
2 Restated in line with new and revised IFRS, effective January 1,
2005.
3 Excludes minority interest.
4 Net financial debt divided by total shareholders' equity.
5 Net income plus depreciation and amortization.
6 Adjusted to reflect former share splits and/or capital increases.
7 Shares reserved for convertible bonds issued.
8 EPS calculation based on net income attributable to equity holders
of Holcim Ltd wheighted by the average number of shares.
9 Excludes the amortization of goodwill and other intangible assets.
10 Proposal of the Board of Directors. |
|
| |
|
|
|
|
|
|
|
|
