Ten Year Summary1

8.01

  2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
Amounts in millions of euros                    
                     
From the statements of income                    
Revenue 136,437 142,059 95,209 99,222 101,569 98,469 78,924 97,761 106,540 114,297
Personnel expenses2 24,287 24,216 24,650 23,574 20,256 15,066 13,928 16,454 17,424 17,970
Research and development expenditure 5,571 5,658 3,928 3,733 4,148 4,442 4,181 4,849 5,634 5,644
thereof capitalized 591 715 990 1,387 1,285 1,373 1,460 1,465
Operating profit/EBIT 5,686 5,754 2,873 4,992 8,710 2,730 -1,513 7,274 8,755 8,615
Operating margin (%) 4.2 4.1 3.0 5.0 8.6 2.8 -1.9 7.4 8.2 7.5
Income (loss) before income taxes and extraordinary items 596 3,535 2,426 4,902 9,181 2,795 -2,298 6,628 8,449 7,718
Net operating income/Net operating profit (loss) 1,467 3,165 4,834 4,032 4,123 1,370 -2,102 5,120 6,240 7,096
as % of net assets (RONA) 2.5 5.7 10.0 8.3 10.5 4.4 -6.6 17.5 19.9 19.5
Net income/Net profit (loss) 448 2,466 4,215 3,783 3,985 1,414 -2,644 4,674 6,029 6,495
Net income per share (€)/Net profit (loss) per share (€) 0.44 2.43 4.09 3.66 3.83 1.41 -2.63 4.28 5.32 5.71
Diluted net income per share (€)/Diluted net profit (loss) per share (€) 0.44 2.43 4.08 3.64 3.80 1.40 -2.63 4.28 5.31 5.71
Total dividend 1,519 1,519 1,527 1,542 1,928 556 0 1,971 2,346 2,349
Dividend per share (€) 1.50 1.50 1.50 1.50 2.00 0.60 0.00 1.85 2.20 2.20
                     
From the balance sheets                    
Property, plant and equipment 32,933 34,017 35,295 32,747 14,650 16,087 15,965 17,593 19,180 20,599
Leased equipment 24,385 26,711 34,236 36,949 19,638 18,672 18,532 19,925 22,811 26,058
Other non-current assets 76,200 67,507 39,686 42,077 40,044 41,309 45,023 48,863
Inventories 14,948 16,805 19,699 18,396 14,086 16,805 12,845 14,544 17,081 17,720
Liquid assets 14,296 11,666 8,063 8,409 15,631 6,912 9,800 10,903 9,576 10,996
Other current assets 54,519 53,626 31,403 31,672 31,635 31,556 34,461 38,742
Total assets 178,450 182,872 228,012 217,634 135,094 132,225 128,821 135,830 148,132 162,978
Shareholders’ equity 34,486 33,522 35,957 37,346 38,230 32,730 31,827 37,953 41,337 45,510
thereof share capital 2,633 2,633 2,647 2,673 2,766 2,768 3,045 3,058 3,060 3,063
Equity ratio Group (%) 18.5 17.5 15.1 16.5 26.9 24.3 24.7 26.5 26.3 26.5
Equity ratio industrial business (%) 26.1 25.2 23.7 27.1 43.7 42.7 42.6 45.8 46.4 47.8
Non-current liabilities 96,823 90,452 47,998 47,313 49,456 44,738 51,940 58,750
Current liabilities 95,232 89,836 48,866 52,182 47,538 53,139 54,855 58,718
Net liquidity industrial business 1,774 2,193 8,016 9,861 12,912 3,106 7,285 11,938 11,981 11,508
Net assets (average) 59,572 55,885 48,313 48,584 39,187 31,466 31,778 29,338 31,426 36,385
                     
From the statements of cash flows2                    
Investments in property, plant and equipment 6,614 6,386 6,480 5,874 4,247 3,559 2,423 3,653 4,158 4,827
Depreciation and amortization 7,363 7,169 4,146 3,023 3,264 3,364 3,575 4,067
Cash provided by (used for)                    
operating activities 13,826 11,060 11,032 14,337 7,146 -786 10,961 8,544 -696 -1,100
investing activities -13,608 -16,682 -10,237 -15,857 26,479 -4,812 -8,950 -313 -6,537 -8,864
financing activities 2,518 2,549 -1,284 2,396 -25,204 -2,915 1,057 -7,551 5,842 11,506
Free cash flow of the industrial business 3,877 1,757 2,423 2,679 7,637 -3,915 2,706 5,432 989 1,452
                     
From the stock exchanges                    
Share price at year-end (€) 37.00 35.26 43.14 46.80 66.50 26.70 37.23 50.73 33.92 41.32
Average shares outstanding (in millions) 1,012.7 1,012.8 1,014.7 1,022.1 1,037.8 957.7 1,003.8 1,050.8 1,066.0 1,066.8
Average diluted shares outstanding (in millions) 1,012.7 1,014.5 1,017.7 1,027.3 1,047.3 959.9 1,003.8 1,051.5 1,067.1 1,067.1
                     
Ratings                    
Credit rating, long-term                    
Standard & Poor’s BBB BBB BBB BBB BBB+ A- BBB+ BBB+ BBB+ A-
Moody’s A3 A3 A3 Baa1 A3 A3 A3 A3 A3 A3
Fitch BBB+ BBB+ BBB+ BBB+ A- A- BBB+ BBB+ A- A-
DBRS A (low) A (low) A (low) A (low) A (low) A (low) A (low) A (low) A (low) A (low)
                     
Average annual number of employees 370,684 379,019 296,109 277,771 271,704 274,330 258,628 258,120 267,274 274,605
1 For the years 2003 and 2004, figures according to US GAAP, since 2005 according to IFRS.
2 Until August 3, 2007, including Chrysler.