22 Disputes
The Group has no major disputes.
23 Group key indicators
2013 2012 2011 2010 2009
Scope of operations
Net turnover M€ 1,421 1,438 1,437 1,423 1,399
Balance sheet total M€ 1,774 1,774 1,748 1,722 1,630
Gross capital expenditure M€ 157 122 163 159.2 134
- as % of net turnover % 8.57 8.5 11.3 11.2 9.5
Average number of employees 10,234 11,080 11,391 11,909 12,376
Profitability
Operating profit M€ 70.6 52.4 20.9 43.1 28.9
- as % of net turnover % 5 3.6 1,5 3 2,1
Net profit M€ 52.7 38.8 15,3 30,019 18,4
Return on investment (ROI) % 4.4 3.9 1,7 3,3 2,4
Return on equity (ROE) % 3.9 2.9 1,6 2,3 1,5
Solvency
Solvency ratio % 83.6 82.2 81,0 80,9 83
Liquidity
Quick ratio 0.81 1.65 1,28 1,3 1,5
Calculation of key indicators
Capital investments = Balance sheet total – interest-free debt
Return on investment (ROI) = (Profit before extraordinary items + interest costs and other financial costs) * 100
Capital investments (average over period)
Return on equity (ROE) = (Profit before extraordinary items – taxes and change in deferred tax liability) * 100
Shareholders’ equity + minority interest (average over period)
Solvency ratio = Shareholders’ equity + minority interest) * 100
Balance sheet total – short-term and long-term advance payments received
Quick Ratio = Financial assets (excl. long-term receivables) – receivables (percentage of completion)
Current liabilities – advance payments received