Handout - K+S Aktiengesellschaft
Handout - K+S Aktiengesellschaft
Handout - K+S Aktiengesellschaft
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<strong>K+S</strong> Group<br />
Value Creation, Cash Generation, Strong Balance<br />
Sheet and High Dividend Distribution<br />
Mio. €<br />
ROCE, EBIT-Margin and Value Added<br />
Operating and Free Cash Flow<br />
€je Aktie<br />
€ million 1,124<br />
% € million € million<br />
800<br />
80<br />
700<br />
ROCE (rhs)<br />
9M Operating cash flow<br />
1,200 1.200<br />
EBIT-margin (rhs)<br />
70<br />
9M Operating cash flow<br />
1.200 1,200<br />
600<br />
Value added<br />
60 1,000 1.000<br />
Free cash flow before acqusitions/divestments<br />
1.000 1,000<br />
500<br />
50<br />
800 800<br />
800 800<br />
400<br />
40<br />
600 600<br />
600 600<br />
300<br />
200<br />
30<br />
20<br />
400 400<br />
400 400<br />
100<br />
10<br />
200 200<br />
200 200<br />
0<br />
0 0 0<br />
0 0<br />
2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 LTM*<br />
2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 LTM*<br />
Gearing and Equity Ratio<br />
Capex and Dividends<br />
% % € million %<br />
120<br />
60 900<br />
300<br />
Gearing<br />
800<br />
Capex<br />
100<br />
Equity ratio (rhs)<br />
50<br />
250<br />
700<br />
Dividends<br />
80<br />
40<br />
Capex/Depreciation (rhs)<br />
600<br />
200<br />
60<br />
30<br />
500<br />
400<br />
150<br />
40<br />
20<br />
300<br />
100<br />
20<br />
0<br />
2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 9M/12<br />
200<br />
10<br />
100<br />
0 0<br />
2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012e<br />
January 2013 <strong>K+S</strong> Group 48<br />
* LTM=Last twelve months as of 30 June 2012<br />
50<br />
0
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