K+S
Weltkarte

Key Data Business Development

Key figures (IFRSs)  
€ million Q2/09 Q2/08 % H1/09 H1/08 %
Revenues 738.7 1,184.5 (37.6) 1,814.4 2,397.5 (24.3)
Earnings before interest, taxes, depreciation and amortisation (EBITDA) 53.1 360.2 (85.3) 262.2 619.0 (57.6)
EBITDA margin in % 7.2 30.4   14.5 25.8  
Operating earnings (EBIT I) 18.1 326.4 (94.5) 192.1 552.7 (65.2)
Operating EBIT margin in % 2.5 27.6   10.6 23.1  
Result after operating hedges (EBIT II) 37.7 319.6 (88.2) 190.6 438.2 (56.5)
Earnings before income taxes (38.9) 307.7 – 105.6 424.0 (75.1)
Earnings before income taxes, adjusted 1) (58.5) 314.5 – 107.1 538.5 (80.1)
Group earnings (30.2) 226.2 – 77.1 311.0 (75.2)
Group earnings, adjusted 1) (44.3) 231.1 – 78.2 393.7 (80.1)
Return on Capital Employed (LTM) in % 2) – – – 48.0 33.8 + 42.0
             
Gross cash flow 41.4 281.5 (85.3) 213.7 524.5 (59.3)
Net indebtedness as of 30 June 3) – – – 827.6 902.3 (8.3)
Capital expenditure 4) 41.5 60.5 (31.4) 70.6 84.7 (16.6)
Depreciation and amortisation 4) 35.0 33.8 + 3.6 70.1 66.3 + 5.7
Working capital as of 30 June – – – 643.8 795.6 (19.1)
             
Earnings per share, adjusted (€) 1), 5) (0.27) 1.40 – 0.47 2.39 (80.1)
Gross cash flow per share (€) 5) 0.25 1.71 (85.4) 1.30 3.18 (59.1)
Book value per share as of 30 June, adjusted (€) 1), 5) – – – 8.50 6.71 + 26.7
             
Total number of shares as of 30 June (million) 5) – – – 165.00 165.00 –
Outstanding shares as of 30 June (million) 5), 6) – – – 165.00 165.00 –
Average number of shares (million) 5), 7) 164.90 164.95 – 164.87 164.89 –
             
Employees as of 30 June (number) 8) – – – 12,233 12,145 + 0.7
Average number of employees 8) 12,262 12,139 + 1.0 12,307 12,136 + 1.4
Personnel expenses 197.4 187.5 + 5.3 384.3 367.5 + 4.6
             
Closing price (XETRA) as of 30 June (€) 5) – – – 40.03 91.58 (56.3)
Market capitalisation as of 30 June (€ billion) – – – 6.6 15.1 (56.3)
Enterprise value as of 30 June (€ billion) – – – 7.4 16.0 (53.8)
             

1)  The adjusted figures only contain the result from hedging already realised during the current period. By contrast, changes in the market value of derivatives still outstanding are not taken into account. The effects on deferred and cash taxes are also eliminated; Q2/09 tax rate: 27.9 % (Q2/08: 27.7 %).

2)  Return on capital employed of the last twelve months as of 30 June.

3)  Including provisions for pensions and mining obligations.

4)  For or in connection with intangible assets as well as property, plant and equipment.

5)  Adjusted to share split in the ratio 1:4 (entry in Commercial Register: 24 June 2008; technical execution: 21 July 2008).

6)  Total number of shares less the own shares held by K+S on the reporting date.

7)  Total number of shares less the average number of own shares held by K+S over the period.

8)  Total workforce including temporary employees (without students and interns), measured on full-time equivalent basis (FTE).

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