Segment Reporting

Sales

1,344.9

1,336.3

116.2

106.9

1,461.2

1,443.2

Royalty, license and commission income

82.3

70.5

0.3

0.7

82.6

71.2

Total revenues

1,427.2

1,406.8

116.6

107.6

1,543.8

1,514.4

Gross margin

1,221.6

1,186.5

82.1

72.8

1,303.7

1,259.4

Marketing and selling expenses

–351.7

–322.2

–60.6

–56.8

–412.3

–379.0

Royalty, license and commission expenses

–106.3

–116.9

–0.4

–0.2

–106.7

–117.0

Administration expenses

–62.5

–62.3

–6.0

–5.9

–68.5

–68.3

Other operating expenses and income

–48.0

–65.1

–1.5

–2.6

–49.5

–67.7

Research and development

–305.6

–304.4

–4.8

–4.8

–310.5

–309.3

Operating result

148.4

178.0

7.7

1.5

156.1

179.5

Exceptional items

1.0

–

–

–

1.0

–

Earnings before interest and tax (EBIT)

149.4

178.0

7.7

1.5

157.1

179.5

Net operating assets*

9,962.2

10,359.7

306.8

310.8

10,269.0

10,670.5

Segment liabilities*

–1,229.0

–1,268.9

–79.9

–86.4

–1,308.8

–1,355.3

Capital spending on property, plant and equipment

44.8

46.0

0.6

1.4

45.5

47.4

Investments in intangible assets

5.1

11.5

0.1

0.3

5.2

11.8

Depreciation and amortization

–199.4

–181.8

–2.6

–2.8

–202.1

–184.5

Impairment losses

–50.4

–17.2

–

–

–50.4

–17.2

Net cash flows from operating activities

340.8

246.1

13.8

–1.2

354.5

244.9

Net cash flows from investing activities

197.4

–54.7

–0.8

–1.3

196.7

–56.0

Free cash flow

538.2

191.4

13.0

–2.5

551.2

188.9

Underlying free cash flow

273.1

191.4

13.0

–2.5

286.1

188.9

FCR in %

19.1

13.6

11.2

–2.3

18.5

12.5

ROS in %

10.4

12.7

6.6

1.4

10.1

11.9

Sales

608.4

228.2

408.0

351.4

1,016.4

579.6

Royalty, license and commission income

2.9

1.4

0.7

3.5

3.6

4.9

Total revenues

611.3

229.6

408.7

354.9

1,020.0

584.5

Gross margin

356.3

127.0

264.2

225.9

620.4

352.9

Marketing and selling expenses

–146.1

–57.7

–32.6

–30.5

–178.8

–88.2

Royalty, license and commission expenses

–3.1

–1.7

–1.5

–3.5

–4.6

–5.2

Administration expenses

–28.2

–10.5

–8.7

–9.3

–36.9

–19.8

Other operating expenses and income

–27.1

–14.8

–15.1

–18.3

–42.3

–33.1

Research and development

–32.6

–6.8

–36.5

–31.3

–69.0

–38.1

Operating result

72.0

35.2

168.8

131.5

240.8

166.7

Exceptional items

–

–

157.0

–

157.0

–

Earnings before interest and tax (EBIT)

72.0

35.2

325.8

131.5

397.8

166.7

Net operating assets**

6,208.5

6,435.6

1,312.4

1,289.8

7,520.8

7,725.3

Segment liabilities**

–324.3

–361.4

–143.1

–166.8

–467.4

–528.2

Capital spending on property, plant
and equipment

16.0

7.9

13.3

9.2

29.3

17.1

Investments in intangible assets

1.0

0.7

0.8

0.6

1.7

1.3

Depreciation and amortization

–72.0

–11.6

–27.0

–23.4

–99.0

–35.0

Impairment losses

–

–

–

–9.0

–

–9.0

Net cash flows from operating activities

65.6

30.0

116.9

115.6

182.5

145.6

Net cash flows from investing activities

–14.1

–10.4

181.6

–8.9

167.6

–19.3

Free cash flow

51.5

19.6

298.6

106.7

350.1

126.3

Underlying free cash flow

57.8

19.6

97.6

106.7

155.4

126.3

FCR in %

9.5

8.5

23.9

30.1

15.2

21.6

ROS in %

11.8

15.3

41.3

37.1

23.6

28.5

Sales

–

–

2,477.5

2,022.8

Royalty, license and commission income

–

–

86.2

76.1

Total revenues

–

–

2,563.8

2,098.9

Gross margin

–

–

1,924.1

1,612.2

Marketing and selling expenses

–0.5

–1.1

–591.6

–468.2

Royalty, license and commission expenses

–

–

–111.3

–122.2

Administration expenses

–19.5

–16.3

–124.9

–104.4

Other operating expenses and income

–5.3

–34.2

–97.1

–134.9

Research and development

–

0.1

–379.5

–347.2

Operating result

–25.3

–51.5

371.6

294.8

Exceptional items

–

–

158.0

–

Earnings before interest and tax (EBIT)

–25.3

–51.5

529.5

294.8

Net operating assets*

66.8

74.7

17,856.6

18,470.5

Segment liabilities*

–11.7

–14.9

–1,787.9

–1,898.4

Capital spending on property, plant and equipment

0.1

0.1

74.9

64.7

Investments in intangible assets

2.4

0.9

9.3

14.0

Depreciation and amortization

–1.5

–0.6

–302.5

–220.2

Impairment losses

–

–

–50.4

–26.2

Net cash flows from operating activities

252.1

–111.8

284.9

278.7

Net cash flows from investing activities

259.9

1,344.8

104.3

1,269.5

Free cash flow

255.9

–120.4

645.3

194.8

Underlying free cash flow

255.9

–108.6

185.6

206.6

FCR in %

–

–

7.2

9.8

ROS in %

–

–

14.5

14.0