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ANNUAL REPORT 2016 – BOSKALIS
140
OTHER INFORMATION
TEN-YEAR OVERVIEW
(1)
(in EUR million, unless stated otherwise)
2011 2010 2009 2008 2007
Revenue
2,596
3,240 3,167 3,144 3,081 2,801 2,674 2,175 2,094 1,869
Order book
2,924
2,490 3,286 3,323 4,106 3,489 3,248 2,875 3,354 3,562
EBITDA
(3)
660.5*
884.7 945.9 757.2 567.1 590.5 621.5 444.9 454.6 348.1
Depreciation and amortization
277.2
278.6 261.9 254.4 227.2 230.0 210.9 147.0 110.2 102.5
Operating result
(12)
384.6
577.3 684.0 502.8 339.9 360.5 410.6 297.9 344.3 245.5
Impairments
842.6
14.5 31.6 39.4
4.1
6.4
8.7 48.6
5.2
0.0
EBIT
(2)
-458.1
562.8 652.3 463.4 335.8 354.1 401.9 249.3 339.1 245.5
Net profit
(14)
276.4*
440.2 490.3 365.7 249.0 254.3 310.5 227.9 249.1 204.4
Net group profit/loss
-561.8
443.5 492.2 365.3 252.0 261.0 312.9 229.2 250.1 207.1
Cash flow
464.0
765.4 785.7 659.1 483.3 497.4 532.5 424.8 365.6 309.6
Shareholders’ equity
3,121
3,714 3,152 2,525 1,898 1,733 1,565 1,296 860.1 768.1
Average number of outstanding
shares (x 1,000)
(4)
128,205
124,182 121,606 118,445 105,644 102,391 99,962 88,372 85,799 85,799
Number of outstanding shares
(x 1,000)
(5)
130,077
125,627 122,309 120,265 107,284 103,472 100,974 98,651 85,799 85,799
Personnel (headcount)
(13)
6,960
8,268 8,446 8,459 15,653 13,935 13,832 10,514 10,201 8,577
Ratios
(in percentages)
EBIT as % of the revenue
14.8*
17.4 20.6 14.7 10.9 12.6 15.0 11.5 16.2 13.1
Return on capital employed
(6)
9.1*
10.8 13.8 13.0 11.1 12.1 18.1 20.2 29.1 27.7
Return on equity
(7)
8.1*
12.8 17.3 16.5 13.8 15.4 21.7 21.1 30.6 29.5
Solvency
(8)
56.1
56.3 53.4 47.6 39.2 37.4 37.1 46.5 34.0 35.3
Figures per share
(in EUR)
Profit
(5)(9)
2.16*
3.54 4.03 3.09 2.36 2.48 3.11 2.58 2.90 2.38
Cash flow
(5)
3.62
6.16 6.46 5.56 4.58 4.86 5.33 4.81 4.26 3.61
Dividend
1.00
1.60 1.60 1.24 1.24 1.24 1.24 1.19 1.19 1.19
Share price range
(in EUR)
Low
27.89
35.70 33.71 26.92 23.26 20.67 23.16 13.25 15.30 21.06
High
37.60
49.21 47.18 38.58 34.50 38.46 36.58 28.45 42.45 46.25
* Excluding impairments
(1) Figures taken from the respective financial statements.
(2) EBIT as reported in the consolidated income statement.
(3) EBIT before depreciation, amortization and impairment losses.
(4) Weighted average number of outstanding shares less the number of shares owned by the company.
(5) Number of outstanding ordinary shares less the number of shares owned by the company as at 31 December.
(6) Net profit + interest paid on long-term loans as % of the average capital employed. 2016 average capital employed definition adjusted (see glossary).
(7) Net profit as % of the average shareholders’ equity.
(8) Group equity as % of the balance sheet total (fixed assets + current assets).
(9) The dilution effect was practically nil up to and including the financial year 2016.
(10) Adjusted for changes in the IFRS regulations (IAS19R).
(11) As of 1 January 2014 Boskalis applies IFRS11 which impacts the way joint ventures and associated companies are recognized.
The full year 2013 comparative figures have been adjusted accordingly.
(12) EBIT - impairments.
(13) Employees employed by majority owned entities.
(14) The 2016 net loss of EUR 563.7 million has been adjusted for post tax impairment charges of EUR 840.1 million.
2016
2015
2014
(11)
2013
(11)
2012
(10)