PDF, 3.2 MB - Pfleiderer AG

Turnover rates
Turnover of inventories 8.6 8.4 7.6 9.0 7.4
Turnover of receivables 14.1 13.9 13.0 10.8 5.2
Turnover of capital employed 2.1 2.0 2.1 1.8 1.9
Profitability after taxes on income
Return on equity 4) 9.1% 6.2% 1.5% 10.2% 15.9%
Return on total working capital 4) 11.2% 6.5% 4.6% 7.0% 10.0%
Return on sales 4) 2.4% 1.0% 0.2% 2.0% 2.5%
Profitability before taxes on income
ROCE 11.5% 8.2% 5.7% 8.7% 11.5%
CFROCE 19.9% 16.3% 12.8% 14.8% 16.1%
Number of employees at balance sheet date
(excluding trainees) 4,429 4,387 5,535 5,647 9,185
Average number of employees
(excluding trainees) 4,295 5,623 5,623 5,691 9,220
4) Based on earnings of continued operations before minority interests.
132
2004 2003 2003 2002 2001
as of proforma as of as of as of as of
‘000 euros (US-GAAP) Dec. 31, 2004 Dec 31, 2004 1) Dec 31, 2003 Dec 31, 2002 Dec 31, 2001