Consolidated Financial Statements >
Directors’ Report
24
| 2012 annual report prysmian group
MAIN FINANCIAL AND OPERATING DATA
(*)
(in milions of Euro)
2012
2011(**)
% Change
2010
Sales
7,848
7,583
3.5%
4,571
EBITDA
(1)
546
269
102.7%
365
Adjusted EBITDA
(2)
647
568
13.9%
387
Operating income
362
19
n.a
307
Adjusted operating income
(3)
483
426
13.1%
309
Profit/(loss) before taxes
244
(101)
n.a
213
Net profit/(loss) for the year
171
(145)
n.a
150
(in milions of Euro)
2012
2011(***)
Pro-forma
% Change
Prysmian
Draka Adjustments
Total
Sales
7,848
5,363
2,669
(59)
7,973
-1.6%
Adjusted EBITDA
(2)
647
419
167
-
586
10.4%
Adjusted operating income
(3)
483
342
107
(14)
435
11.1%
(in milions of Euro)
31 December 2012 31 December 2011
Change
31 December 2010
Net capital employed
2,421
2,436
(15)
1,403
Employee benefit obligations
344
268
76
145
Equity
1,159
1,104
55
799
of which attributable to non-controlling interests
47
62
(15)
43
Net financial position
918
1,064
(146)
459
(in milions of Euro)
2012
2011(**) % Change
2010
Investments
152
159
-4.4%
102
Employees (at period end)
19,986
21,547
-7.7%
12,352
Earnings/(loss) per share
- basic
0.79
(0.65)
0.82
- diluted
0.79
(0.65)
0.82
Patents (****)
5.644
5.288
2,887
Number of plants
91
97
55
Percentage of plants certified ISO 14001
82%
80%
80%
Percentage of plants certified OHSAS 18001
42%
40%
40%
(1)
EBITDA is defined as earnings/(loss) for the year, before the fair value change in metal derivatives and in other fair value items, amortisation, deprecia-
tion, and impairment, finance costs and income, the share of income/(loss) from associates, dividends from other companies and taxes.
(2)
Adjusted EBITDA is defined as EBITDA before non-recurring income/(expenses).
(3)
Adjusted operating income is defined as operating income before non-recurring income/(expenses) and the fair value change in metal derivatives and in
other fair value items.
(*)
All percentages contained in this report have been calculated with reference to amounts expressed in thousands of Euro.
(**) Includes the Draka Group’s results for the period 1 March – 31 December 2011.
(***) The pro-forma figures are calculated by aggregating the Draka Group’s results for the two-month pre-acquisition period (January-February) with the
consolidated figures.
(****)The figures report the total number of patents, comprising patents granted plus patent applications pending worldwide.
