|
1)
|
EBIT + depreciation on property, plant and equipment + amortization of intangibles
|
|
2)
|
Net profit from continuing operations (before minorities)
|
|
3)
|
Operating cash flow before working capital changes
|
|
4)
|
Includes current assets and liabilities related to continuing commercial activities and current provisions
|
|
5)
|
Total equity attributable to the shareholders of the parent company
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|
6)
|
EBIT x (1-effective tax rate)/average capital employed
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|
7)
|
Based on the net profit for the period attributable to the shareholders of the parent company excluding the net loss from discontinued operations/basic shares outstanding
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8)
|
Operating cash flow before working capital changes/basic shares outstanding
|
Key figures 2007/2008
| |
|
Change (%) |
FY 07/08 |
FY 06/07 |
|
| Income Statement |
|
|
|
|
|
| Sales volumes |
tonnes |
10.1% |
1,166,007 |
1,059,200 |
|
| Sales revenue in local currencies |
CHF m |
17.3% 19.1% |
4,815.4 4,891.2 |
4,106.8 |
|
| Gross profit in local currencies |
CHF m |
7.2% 8.3% |
700.8 708.2 |
653.8 |
|
| EBITDA (1) in local currencies |
CHF m |
3.9% 4.2% |
443.7 445.8 |
427.1 |
|
| Operating profit (EBIT) in local currencies |
CHF m |
5.3% 5.6% |
341.1 342.1 |
324.0 |
|
| EBIT per tonne in local currencies |
CHF |
-4.4% -4.1% |
292.5 293.4 |
305.9 |
|
| Net profit from continuing operations (2) |
CHF m |
1.0% |
209.1 |
207.0 |
|
| Net profit for the year in local currencies |
CHF m |
65.6% 67.0% |
205.5 207.2 |
124.1 |
|
| Cash flow (3) |
CHF m |
6.8% |
434.3 |
406.8 |
|
| Balance Sheet |
|
|
Aug 31, 2008 |
Aug 31, 2007 |
|
| Total assets |
CHF m |
17.0% |
3,729.5 |
3,186.7 |
|
| Net working capital (4) |
CHF m |
17.3% |
1,037.1 |
883.9 |
|
| Non-current assets |
CHF m |
17.5% |
1,423.7 |
1,211.3 |
|
| Net debt |
CHF m |
11.9% |
1,041.2 |
930.2 |
|
| Shareholders’ equity (5) |
CHF m |
11.0% |
1,175.9 |
1,059.1 |
|
| Ratios |
|
|
|
|
|
| Economic Value Added |
CHF m |
2.8% |
126.3 |
122.9 |
|
| Return on invested capital (ROIC) (6) |
|
-2.1% |
14.0% |
14.3% |
|
| Return on equity (ROE) |
|
-9.2% |
17.7% |
19.5% |
|
| Shares |
|
|
|
|
|
| EBIT per share (issued) |
CHF |
5.3% |
66.0 |
62.7 |
|
| Basic earnings per share (7) |
CHF |
0.6% |
40.4 |
40.2 |
|
| Cash earnings per share (8) |
CHF |
6.7% |
83.9 |
78.6 |
|
| Other |
|
|
|
|
|
| Employees |
|
-4.1% |
7,281 |
7,592 |
|
| |
|
Change (%) |
FY 07/08 |
FY 06/07 |
|
| Key figures by region |
|
|
|
|
|
| Europe |
|
|
|
|
|
| Sales volumes |
tonnes |
6.5% |
786,698 |
738,983 |
|
| Sales revenue |
CHF m |
15.8% |
3,530.5 |
3,048.4 |
|
| EBITDA |
CHF m |
-1.8% |
356.5 |
363.2 |
|
| EBIT |
CHF m |
-4.3% |
277.6 |
290.2 |
|
| Americas |
|
|
|
|
|
| Sales volumes |
tonnes |
20.6% |
292,614 |
242,696 |
|
| Sales revenue |
CHF m |
23.1% |
931.6 |
756.8 |
|
| EBITDA |
CHF m |
12.8% |
94.4 |
83.7 |
|
| EBIT |
CHF m |
18.4% |
79.5 |
67.1 |
|
| Asia/Rest of World |
|
|
|
|
|
| Sales volume |
tonnes |
11.8% |
86,695 |
77,521 |
|
| Sales revenue |
CHF m |
17.1% |
353.3 |
301.6 |
|
| EBITDA |
CHF m |
33.2% |
56.2 |
42.2 |
|
| EBIT |
CHF m |
57.1% |
51.7 |
32.9 |
|
| Key figures by business segment |
|
|
|
|
|
| Industrial Business Segment |
|
|
|
|
|
| Sales volumes |
tonnes |
14.5% |
911,819 |
796,458 |
|
| - Cocoa |
tonnes |
13.9% |
161,811 |
142,062 |
|
| - Food Manufacturers |
tonnes |
14.6% |
750,008 |
654,396 |
|
| Sales revenue |
CHF m |
26.6% |
3,258.3 |
2,574.2 |
|
| - Cocoa |
CHF m |
33.1% |
603.7 |
453.6 |
|
| - Food Manufacturers |
CHF m |
25.2% |
2,654.6 |
2,120.6 |
|
| EBITDA |
CHF m |
5.8% |
304.4 |
287.8 |
|
| EBIT |
CHF m |
7.1% |
247.1 |
230.8 |
|
| Food Service/Retail Business Segment |
|
|
|
|
|
| Sales revenue |
CHF m |
1.6% |
1,557.1 |
1,532.6 |
|
| - Gourmet & Specialties |
CHF m |
10.2% |
650.7 |
590.7 |
|
| - Consumer Products |
CHF m |
-3.8% |
906.4 |
941.9 |
|
| EBITDA |
CHF m |
0.7% |
202.7 |
201.3 |
|
| EBIT |
CHF m |
1.4% |
161.7 |
159.4 |
|