Results in millions of CHF.
| |
2008 |
2007 |
2006 |
2005(a) |
2004(b) |
| Sales |
109 908 |
107 552 |
98 458 |
91 115 |
84 690 |
| EBIT (Earnings Before Interest, Taxes, restructuring and impairments) |
15 676 |
15 024 |
13 302 |
11 876 |
10 760 |
| as % of sales |
14.3% |
14.0% |
13.5% |
13.0% |
12.7% |
| Taxes |
3 787 |
3 416 |
3 293 |
2 647 |
2 404 |
|
|
|
|
|
|
| Net profit (Profit for the period attributable to shareholders of the parent) |
18 039 |
10 649 |
9 197 |
8 081 |
6 621 |
| as % of sales |
16.4% |
9.9% |
9.3% |
8.9% |
7.8% |
| as % of average equity |
34.9% |
20.7% |
18.7% |
18.6% |
17.4% |
|
|
|
|
|
|
| Total amount of dividend |
5 127(c) |
4 691 |
4 004 |
3 471 |
3 114 |
| Depreciation of property, plant and equipment |
2 625 |
2 620 |
2 581 |
2 382 |
2 454 |
| as % of sales |
2.4% |
2.4% |
2.6% |
2.6% |
2.9% |
| Amortisation of goodwill (d) |
- |
- |
- |
- |
1 583 |
Balance sheet and Cash flow statement in millions of CHF.
| |
2008 |
2007(a) |
2006(b) |
2005 |
2004 |
| Current assets |
33 048 |
35 770 |
35 305 |
41 765 |
35 285 |
| of which liquid assets |
7 131 |
9 496 |
11 475 |
17 393 |
15 282 |
| Non-current assets |
73 167 |
79 591 |
66 500 |
60 953 |
51 832 |
| Total assets |
106 215 |
115 361 |
101 805 |
102 718 |
87 117 |
| Current liabilities |
33 223 |
43 326 |
32 479 |
35 854 |
29 075 |
| Non-current liabilities |
18 076 |
17 259 |
16 478 |
17 796 |
17 743 |
| Equity attributable to shareholders of the parent |
50 774 |
52 627 |
50 991 |
47 498 |
39 236 |
| Minority interests |
4 142 |
2 149 |
1 857 |
1 570 |
1 063 |
| Operating cash flow |
10 763 |
13 439 |
11 676 |
10 205 |
10 412 |
| Free cash flow (e) |
5 033 |
8 231 |
7 018 |
6 557 |
6 640 |
| Capital expenditure |
4 869 |
4 971 |
4 200 |
3 375 |
3 260 |
| as % of sales |
4.4% |
4.6% |
4.3% |
3.7% |
3.8% |
Balance sheet and Cash flow statement in CHF.
| |
2008 |
2007 |
2006(a) |
2005(b) |
2004 |
| Weighted average number of shares outstanding (in millions) |
3 704.6 |
3 828.8 |
3 848.0 |
3 888.1 |
3 884.5 |
| Basic earnings per share from continuing operations |
4.87 |
2.78 |
2.37 |
2.08 |
1.70 |
| Basic earnings per share from discontinued operations |
- |
- |
0.19 |
(0.04) |
0.07 |
| Equity attributable to shareholders of the parent |
13.71 |
13.75 |
13.25 |
12.22 |
10.10 |
| Dividend |
1.40(f) |
1.22 |
1.04 |
0.90 |
0.80 |
| Pay-out ratio (based on Total basic earnings per share) |
28.7%(f) |
43.9% |
43.5% |
43.3% |
46.9% |
| Stock exchange prices (high/low) |
52.95/38.02 |
55.35/42.65 |
44.83/35.50 |
40.43/29.83 |
34.60/27.60 |
| Yield (g) |
2.6/3.7%(f) |
2.2/2.9% |
2.3/2.9% |
2.2/3.0% |
2.3/2.9% |
| Market capitalisation |
150 409 |
195 661 |
166 152 |
152 576 |
115 237 |
| Number of personnel (in thousands) |
283 |
276 |
265 |
250 |
244 |
(a) 2005 comparatives have been restated following the first application of the option of IAS 19 Employee Benefits 93A ss. and IFRIC 4. For full details please refer to 2006 Consolidated Financial Statements.
(b) 2004 restated following first application of IFRS 2 Share-based Payment and for the discontinued operation following the annoucement made in December 2005 for the Chilled dairy activities in Europe.
(c) As proposed by the Board of Directors of Nestlé S.A. This amount includes dividends payable in respect of shares with right to dividend at the balance sheet date as well as those potentially payable on the shares covering options and shares held for trading purposes.
(d) From 2005 onwards, goodwill is no longer amortised but tested for impairment annually.
(e) Operating cash flow less capital expenditure, disposal of tangible assets, purchase and disposal of intangible assets, movements with associates as well as with minority interests.
(f) As proposed by the Board of Directors of Nestlé S.A.
(g) Calculated on the basis of the dividend for the year concerned but which is paid in the following year.