Change
Tools: Print this page Recommend this page

Quarterly statistics


 

2009

 

 

 

 

 

IN € MILLIONS

2010

 

 

 

 

 

Q1

Q2

Q3

Q4

year

 

 

Q1

Q2

Q3

Q4

year

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenue

 

 

 

 

 

 

988

1,292

1,271

1,022

4,573

 

Decorative Paints

1,056

1,401

1,372

1,139

4,968

 

986

1,061

1,051

1,014

4,112

 

Performance Coatings

1,049

1,260

1,239

1,238

4,786

 

1,092

1,103

1,109

1,055

4,359

 

Specialty Chemicals

1,154

1,258

1,272

1,259

4,943

 

(1)

(6)

(6)

(3)

(16)

 

Other activities/eliminations

(13)

(12)

(16)

(16)

(57)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

3,065

3,450

3,425

3,088

13,028

 

Total

3,246

3,907

3,867

3,620

14,640

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

EBITDA

 

 

 

 

 

 

48

171

198

70

487

 

Decorative Paints

82

205

198

63

548

 

105

166

169

154

594

 

Performance Coatings

143

191

166

147

647

 

151

201

197

189

738

 

Specialty Chemicals

207

257

254

221

939

 

(15)

(32)

(36)

(46)

(129)

 

Other activities/eliminations

(33)

(39)

(44)

(54)

(170)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

289

506

528

367

1,690

 

Total

399

614

574

377

1,964

 

 

 

 

 

 

 

 

 

 

 

 

 

 

9.4

14.7

15.4

11.9

13.0

 

EBITDA margin (in %)

12.3

15.7

14.8

10.4

13.4

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Depreciation

 

 

 

 

 

 

(29)

(31)

(30)

(28)

(118)

 

Decorative Paints

(29)

(32)

(31)

(32)

(124)

 

(19)

(20)

(19)

(20)

(78)

 

Performance Coatings

(19)

(21)

(20)

(21)

(81)

 

(52)

(53)

(53)

(50)

(208)

 

Specialty Chemicals

(52)

(53)

(54)

(55)

(214)

 

(5)

(4)

(6)

(5)

(20)

 

Other activities/eliminations

(5)

(4)

(2)

(5)

(16)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(105)

(108)

(108)

(103)

(424)

 

Total

(105)

(110)

(107)

(113)

(435)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amortization

 

 

 

 

 

 

(18)

(16)

(20)

(17)

(71)

 

Decorative Paints

(19)

(20)

(19)

(23)

(81)

 

(6)

(6)

(6)

(6)

(24)

 

Performance Coatings

(6)

(7)

(6)

(7)

(26)

 

(10)

(10)

(9)

(11)

(40)

 

Specialty Chemicals

(11)

(12)

(12)

(11)

(46)

 

 

Other activities/eliminations

1

(2)

(1)

(2)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(34)

(32)

(35)

(34)

(135)

 

Total

(36)

(38)

(39)

(42)

(155)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

EBIT

 

 

 

 

 

 

1

124

148

25

298

 

Decorative Paints

34

153

148

8

343

 

80

140

144

128

492

 

Performance Coatings

118

163

140

119

540

 

89

138

135

128

490

 

Specialty Chemicals

144

192

188

155

679

 

(20)

(36)

(42)

(51)

(149)

 

Other activities/eliminations

(38)

(42)

(48)

(60)

(188)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

150

366

385

230

1,131

 

Total

258

466

428

222

1,374

 

 

 

 

 

 

 

 

 

 

 

 

 

 

4.9

10.6

11.2

7.4

8.7

 

EBIT margin (in %)

7.9

11.9

11.1

6.1

9.4

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating income

 

 

 

 

 

 

(15)

90

125

(67)

133

 

Decorative Paints

19

146

136

(26)

275

 

75

119

122

117

433

 

Performance Coatings

101

153

129

104

487

 

71

136

99

116

422

 

Specialty Chemicals

126

195

164

119

604

 

(21)

(34)

(78)

(133)

 

Other activities/eliminations

(22)

(39)

(48)

(38)

(147)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

110

311

346

88

855

 

Total

224

455

381

159

1,219

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Incidentals per business area

 

 

 

 

 

 

(16)

(34)

(23)

(92)

(165)

 

Decorative Paints

(15)

(7)

(12)

(34)

(68)

 

(5)

(21)

(22)

(11)

(59)

 

Performance Coatings

(17)

(10)

(11)

(15)

(53)

 

(18)

(2)

(36)

(12)

(68)

 

Specialty Chemicals

(18)

3

(24)

(36)

(75)

 

(1)

2

42

(27)

16

 

Other activities/eliminations

16

3

22

41

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(40)

(55)

(39)

(142)

(276)

 

Total

(34)

(11)

(47)

(63)

(155)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Incidentals included in operating income

 

 

 

(47)

(71)

(116)

(115)

(349)

 

Restructuring costs

(17)

(21)

(53)

(29)

(120)

 

6

7

(2)

(49)

(38)

 

Results related to major legal, antitrust and environmental cases

(9)

8

(48)

(49)

 

9

3

19

17

48

 

Results on acquisitions and divestments

1

1

15

16

33

 

(8)

6

60

5

63

 

Other incidental results

(9)

1

(9)

(2)

(19)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(40)

(55)

(39)

(142)

(276)

 

Total

(34)

(11)

(47)

(63)

(155)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Incidentals per line item

 

 

 

 

 

 

(15)

(20)

(85)

(24)

(144)

 

Cost of sales

(16)

(20)

(37)

(53)

(126)

 

(6)

(21)

(23)

(44)

(94)

 

Selling expenses

(5)

(3)

(7)

(28)

(43)

 

(13)

(24)

(10)

(16)

(63)

 

General and administrative expenses

(7)

1

(3)

(4)

(13)

 

(3)

(5)

(8)

 

Research and development expenses

(2)

1

(1)

 

(6)

10

82

(53)

33

 

Other operating income/(expenses)

(6)

11

2

21

28

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(40)

(55)

(39)

(142)

(276)

 

Total

(34)

(11)

(47)

(63)

(155)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Reconciliation net financing expense

 

 

 

 

 

 

10

15

19

14

58

 

Financing income

12

12

16

11

51

 

(61)

(50)

(70)

(55)

(236)

 

Financing expenses

(67)

(72)

(53)

(48)

(240)

 

(51)

(35)

(51)

(41)

(178)

 

Net interest on net debt

(55)

(60)

(37)

(37)

(189)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other interest movements

 

 

 

 

 

 

(45)

(45)

(42)

(39)

(171)

 

Financing expenses related to pensions

(25)

(26)

(26)

(23)

(100)

 

(9)

(9)

(8)

(28)

(54)

 

Interest on provisions

(8)

(29)

(6)

4

(39)

 

4

4

(10)

(2)

 

Other items

2

(1)

1

 

(54)

(50)

(46)

(77)

(227)

 

Net other financing charges

(33)

(53)

(33)

(19)

(138)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(105)

(85)

(97)

(118)

(405)

 

Net financing expenses

(88)

(113)

(70)

(56)

(327)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Quarterly net income analysis

 

 

 

 

 

 

4

6

6

5

21

 

Result form associates and joint ventures

5

7

9

4

25

 

(18)

(20)

(22)

(17)

(77)

 

Profit attributable to non-controlling interests

(18)

(26)

(22)

(17)

(83)

 

9

232

255

(25)

471

 

Profit before tax

141

349

320

107

917

 

(5)

(71)

(32)

(33)

(141)

 

Income tax

(53)

(76)

(81)

40

(170)

 

4

161

223

(58)

330

 

Profit for the period from continuing operations

88

273

239

147

747

 

56

31

13

(132)

30

 

Effective tax rate (in%)

38

22

25

(37)

19

 

231.8

232.1

232.2

232.2

232.1

 

Weighted average number of shares (in millions)

232.7

233.3

233.4

233.5

233.2

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share from continuing operations (in €)

 

 

 

(0,06)

0.61

0.87

(0.32)

1.09

 

Basic

0.30

1.06

0.93

0.55

2.85

 

(0,06)

0.60

0.86

(0.32)

1.08

 

Diluted

0.30

1.05

0.92

0.55

2.83

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share from discontinued operations (in €)

 

 

 

0.03

0.06

(0.02)

0.06

0.14

 

Basic

0.05

0.11

0.09

0.14

0.38

 

0.03

0.06

(0.02)

0.06

0.13

 

Diluted

0.05

0.11

0.09

0.14

0.38

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share from total operations (in €)

 

 

 

(0,03)

0.67

0.85

(0.26)

1.23

 

Basic

0.35

1.17

1.02

0.69

3.23

 

(0,03)

0.66

0.84

(0.26)

1.21

 

Diluted

0.35

1.16

1.01

0.69

3.21

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Adjusted earnings (in € millions)

 

 

 

 

 

 

9

232

255

(25)

471

 

Profit before tax from continuing operations

141

349

320

107

917

 

40

55

39

142

276

 

Incidentals reported in operating income

34

11

47

63

155

 

34

32

35

34

135

 

Amortization of intangible assets

36

38

39

42

155

 

(39)

(98)

(109)

(82)

(328)

 

Adjusted income tax

(71)

(97)

(107)

(4)

(279)

 

(18)

(20)

(22)

(17)

(77)

 

Non-controlling interests

(18)

(26)

(22)

(17)

(83)

 

26

201

198

52

477

 

Adjusted net income for continuing operations

122

275

277

191

865

 

0.11

0.87

0.85

0.22

2.06

 

Adjusted earnings per share (in €)

0.52

1.18

1.19

0.82

3.71

Copyright © 2011 Akzo Nobel N.V.