2008 Key Figures
Financial ratios
| 2007 | 2008 | |
|---|---|---|
| (% of sales) Operating profit/Sales |
16.6% | 15.5% |
| (% of shareholders’ equity) Net profit excluding non-recurrent items after minority interests/Opening shareholders’ equity |
13.9% | 15.2% |
| (% of shareholders’ equity) Net gearing* |
17.4% | 31.3% |
| Cash flow/Investments | 3.5 x | 3.7 x |
* Net gearing = Current and non-current debt – Cash and cash equivalentsShareholders’ equity after minority interests
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