Key Financial Figures

Year	2013	2014	2015	2016	2017
Order intake	1,012.2	956.9	1,182.7	1,149.7	1,266.3
Revenue	1,099.7	1,100.1	1,025.1	1,167.1	1,217.6
Order backlog at 31.12.	560.5	417.3	574.9	557.5	606.2
Exports in %	82	84	85	86	89
Earnings before interest and taxes (EBIT)	-130.7	13.3	35.9	87.1	81.4
Earnings before taxes (EBT)	-138.1	5.5	29.7	81.0	78.5
Net profit/loss	-153.7	0.3	26.9	82.2	81.1
Earnings per share in €	-9.31	0.03	1.62	4.98	4.91
Balance sheet total	1,098.0	1,014.7	976.9	1,085.5	1,163.9
Equity	277.9	227.2	258.4	337.8	424.0
Investment in intangible assets, property, plant and equipment	32.3	21.7	28.4	31.9	50.1
Depreciation on intangible assets, property, plant and equipment	59.6	30.5	29.1	27.7	31.0
Cash flows from operating activities	34.1	43.2	-15.3	21.9	23.8
Dividend paid per share in €	-	-	-	0.50	0.90
Personnel: annual average	6,257	6,058	5,286	5,287	5,450
of which apprentices (annual average)	389	386	350	325	319

€m	2016	2017
Revenue	1,167.1	1,217.6
Cost of sales	-820.5	-861.6
Gross profit	346.6	356.0
Research and development costs	-59.3	-48.4
Distribution costs	-144.1	-141.0
Administrative expenses	-80.4	-80.5
Other operating income and expenses, other financial results	24.3	-4.7
Earnings before interest and taxes (EBIT)	87.1	81.4
Interest result	-6.1	-2.9
Earnings before taxes (EBT)	81.0	78.5
Income tax expense	1.2	2.6
Net profit/loss	82.2	81.1
Earnings per share (in €)	4.98	4.91

€m	31.12.2016	31.12.2017
Assets
Non-current assets
Intangible assets	36.7	45.7
Property, plant and equipment	202.8	210.6
Investments, other financial receivables and other assets	16.0	52.1
Deferred tax assets	64.9	80.7
Current assets
Inventories	293.4	254.9
Trade receivables	209.0	308.3
Other financial receivables and assets	37.7	42.9
Current tax assets	3.1	4.7
Securities	19.9	21.6
Cash and cash equivalents	202.0	142.4
Balance Sheet Total	1,085.5	1,163.9
Equity and liabilities
Equity
Share capital	43.0	43.0
Share premium	87.5	87.5
Reserves	206.8	293.5
Equity attributable to non-controlling interests	0,5	-
Liabilities
Non-current liabilities
Pension provisions	212.5	198.4
Other provisions	23.2	27.1
Bank loans and other financial payables	9.4	8.6
Other liabilities	1.0	1.2
Deferred tax liabilities	22.0	26.2
Current liabilities
Other provisions	180.5	144.6
Trade payables	59.0	72.1
Bank loans and other financial payables	94.5	100.9
Other liabilities	142.8	150.6
Current tax liabilities	2.8	10.2
Balance Sheet Total	1,085.5	1,163.9

€m	2016	2017
Earnings before taxes	81.0	78.5
Appreciation/depreciation on intangible assets, property, plant and equipment	5.3	31.0
Changes in provisions	-13.7	-30.9
Changes in inventories and other assets	-35.1	-74.2
Changes in payables and other liabilities	-16.9	19.2
Other activities	1.3	0.2
Cash flows from operating activities	21.9	23.8
Proceeds from disposal of intangible assets, property, plant and equipment	15.6	3.6
Payments for investment in intangible assets, property, plant and equipment	-31.5	-48.5
Proceeds from disposal of investments	-	-0.1
Payments for investments	-0.3	-36.9
Payments for the acquisition of shares in consolidated companies	-3.4	-1.6
Dividends received	-	0.1
Cash flows from investing activities	-19.6	-83.4
Free cash flow	2.3	-59.6
Proceeds from loans	22.8	10.2
Repayment of loans	-8.8	-1.0
Changes in equity attr. to non-conrolling interests	-0.1	-0.5
Changes in equity other	-	0.5
Dividends paid	-	-8.3
Cash flows from financing activities	13.9	0.9
Change in funds	16.2	-58.7
Effect of changes in exchange rates	-0.5	-0.9
Funds at beginning of period	186.3	202.0
Funds at end of period	202.0	142.4