Segment statistics

Segment statistics

In € millions

2012

2013

2014

2015

2016

2017

2018

20193

2020

2021

 

 

 

 

 

 

 

 

 

 

 

Decorative Paints

 

 

 

 

 

 

 

 

 

 

Revenue1

4,297

4,174

3,909

4,007

3,835

3,898

3,699

3,670

3,558

3,979

Adjusted operating income

108

199

248

345

357

351

346

418

573

598

Operating income

(2,012)

398

248

345

366

334

308

425

551

640

ROS2

2.5

4.8

6.3

8.6

9.3

9.0

9.4

11.4

16.1

15.0

OPI margin2

(46.8)

9.5

6.3

8.6

9.5

8.6

8.3

11.6

15.5

16.1

Average invested capital

4,701

2,896

2,824

2,959

2,783

2,803

2,798

3,106

2,799

2,872

ROI2

2.3

6.9

8.8

11.7

12.8

12.5

12.4

13.4

20.5

20.8

Capital expenditures

206

171

143

158

107

112

50

62

77

108

Average number of employees

17,200

16,800

15,500

15,100

14,800

14,700

14,100

12,900

12,100

12,500

Average revenue per employee (in €1,000)

250

248

252

265

259

265

262

284

294

318

Average operating income per employee (in €1,000)

(117)

24

16

23

25

23

22

33

46

51

 

 

 

 

 

 

 

 

 

 

 

Performance Coatings

 

 

 

 

 

 

 

 

 

 

Revenue1

5,702

5,571

5,589

5,955

5,665

5,775

5,587

5,549

4,957

5,603

Adjusted operating income

542

525

545

792

759

669

629

688

700

648

Operating income

542

525

545

792

735

668

577

565

665

650

ROS2

9.5

9.4

9.8

13.3

13.4

11.6

11.3

12.4

14.1

11.6

OPI margin2

9.5

9.4

9.8

13.3

13.0

11.6

10.3

10.2

13.4

11.6

Average invested capital

2,499

2,463

2,480

2,692

2,586

2,860

3,066

3,325

3,388

3,520

ROI2

21.7

21.3

22.0

29.4

29.4

23.4

20.5

20.7

20.7

18.4

Capital expenditures

123

143

143

147

159

129

107

113

146

147

Average number of employees

21,700

21,300

21,000

19,700

19,300

19,800

19,200

18,000

17,500

17,000

Average revenue per employee (in €1,000)

263

262

266

302

294

292

291

308

283

330

Average operating income per employee (in €1,000)

25

25

26

40

38

34

30

31

38

38

1

The 2019 figures are restated to represent revenue from third parties instead of group revenue.

2

ROS, ROI and OPI margin have been restated and are based on adjusted operating income. ROS% is calculated as adjusted operating income (operating income excluding identified items) as a percentage of revenues from third parties (as from 2020, before 2020 this was based on group revenue). ROI% is calculated as adjusted operating income (operating income excluding identified items) of the last 12 months as a percentage of average invested capital of the last 12 months. Invested capital is calculated as total assets (excluding cash and cash equivalents, short-term investments, investments in associates, the receivable from pension funds in an asset position and assets held for sale) less current tax. OPI margin is calculated as operating income as a percentage of group revenue.

3

2019 includes the impact of the adoption of IFRS 16 “Leases”.