Economic performance indicators

CHF million

 

2017

 

2016

 

2015

 

2014

 

2013

 

 

 

 

 

 

 

 

 

 

 

Order intake

 

4’274

 

3’749

 

3’662

 

3’836

 

3’795

Orders on hand at year-end

 

773

 

614

 

612

 

634

 

577

Income statement

 

 

 

 

 

 

 

 

 

 

Sales

 

4’150

 

3’744

 

3’640

 

3’795

 

3’766

EBITDA

 

491

 

443

 

422

 

399

 

380

Operating result (EBIT)

 

352

 

311

 

296

 

274

 

251

Net profit/loss

 

258

 

225

 

198

 

195

 

145

Cash flow

 

 

 

 

 

 

 

 

 

 

Cash flow from operating activities

 

410

 

400

 

328

 

248

 

309

Depreciation on tangible fixed assets

 

131

 

126

 

122

 

122

 

126

Amortization on intangible assets

 

8

 

6

 

4

 

3

 

3

Additions to property, plant, and equipment

 

–207

 

–174

 

–167

 

–152

 

–130

Cash flow from acquisitions and divestitures

 

–74

 

–96

 

–2

 

–20

 

–66

Free cash flow before acquisitions/divestitures

 

204

 

231

 

190

 

110

 

174

Free cash flow

 

130

 

135

 

188

 

90

 

108

Balance sheet

 

 

 

 

 

 

 

 

 

 

Current assets

 

2’277

 

2’024

 

1’934

 

1’801

 

1’989

Non-current assets

 

1’333

 

1’178

 

1’149

 

1’188

 

1’137

Assets

 

3’610

 

3’202

 

3’083

 

2’989

 

3’126

Current liabilities

 

1’418

 

1’067

 

1’221

 

981

 

1’282

Non-current liabilities

 

823

 

935

 

732

 

904

 

866

Equity

 

1’369

 

1’200

 

1’130

 

1’104

 

978

Net working capital

 

899

 

838

 

819

 

864

 

764

Invested capital (IC)

 

1’466

 

1’333

 

1’279

 

1’354

 

1’224

Net debt

 

183

 

214

 

238

 

354

 

352

Asset structure

 

 

 

 

 

 

 

 

 

 

– Current assets %

 

63

 

63

 

63

 

60

 

64

– Non-current assets %

 

37

 

37

 

37

 

40

 

36

Capital structure

 

 

 

 

 

 

 

 

 

 

– Current liabilities %

 

39

 

34

 

39

 

33

 

41

– Non-current liabilities %

 

23

 

29

 

24

 

30

 

28

– Equity %

 

38

 

37

 

37

 

37

 

31

Key figures

 

 

 

 

 

 

 

 

 

 

Return on equity (ROE) %

 

20.1

 

19.3

 

17.7

 

18.7

 

14.8

Return on invested capital (ROIC) %

 

20.3

 

19.3

 

18.9

 

17.9

 

16.7

Return on sales (EBIT margin) %

 

8.5

 

8.3

 

8.1

 

7.2

 

6.7

Asset turnover

 

3.0

 

2.9

 

2.8

 

2.9

 

3.0

Cash flow from operating activities in % of sales

 

9.9

 

10.7

 

9.0

 

6.5

 

8.2