Annual Report 2011 - Analist.be

Environment variables and operating data by sector of activity and geographical area2011 2010 (1) 2009 (2)Environment variablesEvolution of global cement market (in million tonnes) 3,540.0 3,290.0 2,980.0Operating dataSales volumeCement (in million tonnes) 145.3 135.7 141.2Pure aggregates (in million tonnes) 192.7 193.2 196Ready-mix concrete (in million m³) 33.8 34 37.1Overview of the activitiesEmission of CO2 per tonne of cement (in kg) 593.0 604.0 613.0Information by sector(in EUR million)Sales 15,284 14,834 15,884Cement 9,975 9,656 9,477Aggregates & Concrete 5,227 5,088 5,064Other 82 90 9Current operating income (EBIT) 2,179 2,393 2,477Cement 1,968 2,230 2,343Aggregates & Concrete 237 216 193Other (26) (53) (97)Information by geographical area(in EUR million)Sales 15,284 14,834 15,884Western Europe 3,431 3,482 4,657North America 3,110 3,153 3,028Middel East and Africa 3,897 3,883 4,018Central and Eastern Europe 1,302 1,066 1,053Latin America 1,035 838 791Asia 2,509 2,412 2,337Main financial data2011 2010 (1) 2009 (2)Simplified income statement(in EUR million)Sales 15,284 14,834 15,884Gross margin 3,657 3,914 4,177Gross operating income (EBITDA) 3,217 3,488 3,600Current operating income (EBIT) 2,179 2,393 2,477Net income (group share) 593 827 736Simplified balance sheet(in EUR million)Fixed assets 30,288 34,185 32,506Shareholders’ equity (group share) 16,004 16,144 14,977Minority interests 2,197 2,080 1,823Financial net debt 11,974 13,993 13,795Debt-equity ratio (in %) 65.8 76.8 82.1(1) Data adjusted further to transactions for the disposal of the Gypsum business line(2) Data published in 2010 for financial year 2009 and not restatedAnnual Report 2011 43