Highlights

Interactive chart Pirelli in figures Pirelli in figures (2,37MB)


 
(euro mln) 2006 2007 2008 2009 2010
      Restated (1)
 Profit and Loss
Net sales* 4,841.0 4,780.0 4,660.2 4,067 4,848
Ebitda before restructuring cost 614.0 573.0 396.1 508 654
% on sales 12,7% 12,0% 8,5% 12,5% 13,5%
Ebit before restructoring costs 401.0 364.0 187.4 305 433
% on sales 8,3% 7,6% 4,0% 7,5% 8,9%
Ebit 401.0 364.0 43,2 250 408
% on sales 8,28% 7,62% 0.93% 6,1% 8,4%
Ebit incl. income from equity participations 1,192.0 513.0 -323.3 238 238
Net Income*** -1,049.0 324.0 -412.5 (23) 4
Attributable Net income -1,167.0 165.0 -347.5 23 22
Attributable Net income per share (in euro) -0.2 0.0 -0.1 0.047 0,044
 Balance Sheet
Fixed assets 6,924.0 3,815.0 3,665.0 3,596 3,164
Net working capital 463.0 298.0 418.0 222 117
Net invested capital 7,387.0 4,113.0 4,083.0 3,818 3,281
Equity 4,687.0 3,804.0 2,374.0 2,495 2,028
Provisions 720.0 611.0 681.0 795 797
Net financial (liquidity)/debt position 1,980.0 -302.0 1,028.0 529 456
Pirelli & C. attributable Equity 3,880.0 2,980.0 2,172.0 2,175 1,991
Pirelli & C. attributable Equity per share (in euro) 7,95 6,11 4,45 4,46 4,08
Cash flow
Operating cash flow 373.7 298.5 -129.6 496 310
Net operating cash flow 103.5 26.8 -282,2 335 107
Capex and R&D***
Capex 255.0 287.0 311.0 225 433
Amortization & Depreciation 201.0 214.0 199.0 198 217
Capex/Amortization & Depreciation 1.3 1.3 1.6 1.14 2.00
R&D expenses** 171.0 173.0 156.0 137 150
% on sales 3,53% 3,62% 3,35% 3,4% 3,1%
 Key Financial Ratio
Net income/Equity** - ROE (20,37)% 7.63% (13.35%) (0.93%) 0.19%
Ebit/Net invested capital** - ROI 5.36% 6.33% 1.05% 6,32% 11,49%
Net financial position / Equity - Gearing 0,42 n.s. 0,43 0,21 0,22
Sales * per employee (in thousands of euro) 171.89 155.30 147.94 138 160
Employees (at 31/12) 28.617 30.823 31.056 29.570 29,573
of which Tyre 25.169 27.224 28.601 27.481 28.865

* Excluding net sales for deconsolidation DGAG real estate assets in 2007 of €1296mln

** Average amount

*** 2006 loss was due to the Olimpia writedown

**** R&D expenses fully included in P&L

(1) Pirelli RE and PBS as discontinued operations