Highlights

Interactive chart Pirelli in figures Pirelli in figures (1,44 MB)


 
(euro mln) 2010 2011 2012 2013 2014
        Restated (1) Preliminary
unaudited
 Profit and Loss
Net sales 4,848 5,655 6,072 6,061 6,018
Ebitda before restructuring cost 654 835 1,103 1,095 1,168
% on sales 13.5% 14.8% 18.2% 18.1% 19.4%
Ebit before restructoring costs 433 610 832 810 869
% on sales 8.9% 10.8% 13.7% 13.4% 14.4%
Ebit 408 582 793 785 838
% on sales 8.4% 10.3% 13.1% 12.9% 13.9%
Ebit incl. income from equity participations 431 565 740 706 -
Net income before discontinued operation 228 313 392 304 -
Net Income 4 441 392 306 -
Attributable Net income 22 >452 387 304 -
 Balance Sheet
Fixed assets 3,164 3,576 3,877 4,043 -
Net working capital 117 151 550 409 -
Net invested capital 3,281 3,727 4,427 4,452 -
Equity 2,028 2,192 2,389 2,437 -
Provisions 797 799 832 696 -
Net financial (liquidity)/debt position 456 737 1,205 1,322 980
Pirelli & C. attributable Equity 1,991 2,146 2,337 2,376 -
Pirelli & C. attributable Equity per share (in euro) 4.08 4.40 4.79 4.87 -
 
Cash flow
Operating cash flow 310.3 156.4 281.1 736.2 -
Net operating cash flow 107.1 (95.6) (67.7) 333.6 -
Net cash flow 73.2 (281.5) (468.1) (117.2) 342.0
Capex and R&D*
Capex 433 626 471 413 378
% on sales 8.9% 11.1% 7.8% 6.8% 6.3%
Amortization & Depreciation 217 225 271 289 299
Capex/Amortization & Depreciation 2,0 2,8 1,7 1,4 1,3
R&D expenses* 150 170 179 199 -
% on sales 3.1% 3.0% 2.9% 3.3% -
 
Employees (at 31/12) 29,573 34,259 37,338 37,979 -
of which Tyre 28,865 33,956 37,082 37,766 -
of which Temps 2,426 2,649 2,714 2,620 -

* R&D expenses fully included in P&L

Restated (1); (1) Steelcord business as disconinued operations

Last Revised: 17 Feb 2015