Five-year summary of selected consolidated financial data

IAS/IFRS (in milions of Euro)

 

2008

2007

2006

2005

2004

Net sales

4,660

6,076

4,841

4,546

3,967

Net sales (excluding DGAG)*

4,660

4,780

4,841

4,546

3,967

Gross operating profit

252

573

614

568

470

Operating profit

43

364

401

355

269

Operating profit (loss) including earning (losses) from investments

(323)

513

1,192

622

425

Total income (loss)

(413)

324

(1,049)

399

304

Income (loss) attributable to the equity holders
of Pirelli & C. S.p.A

(348)

165

(1,167)

327

251

Earnings per share (in Euros)

(0.06)

0.03

(0.22)

0.07

0.07

Fixed assets

3,665

3,815

6,924

7,624

6,097

Net working capital

418

298

463

(48)

464

Net invested capital

4,083

4,113

7,387

7,576

6,561

Equity

2,374

3,804

4,687

5,614

3,841

Provisions

681

611

720

785

1,119

Net financial (liquidity)/debt position

1,028

(302)

1,980

1,177

1,601

Equity attributable to the equity holders
of Pirelli & C. S.p.A.

2,172

2,980

3,880

5,205

3,502

Equity per share (in Euros)

0.40

0.56

0.72

0.98

1.01

Net cash flows provided by (used for) operating activities

76

554

473

467

349

R&D expenditures

156

173

171

174

171

Depreciation

199

214

201

197

182

Capital expenditures

311

287

255

234

211

Gross operating profit/Net sales*

5.41%

11.99%

12.68%

12.49%

11.85%

Operating profit/Net sales * - ROS

0.93%

7.62%

8.28%

7.81%

6.78%

Income / equity** - ROE

(13.35%)

7.63%

(20.37%)

7.38%

5.77%

Operating profit / Net invested capital** - ROI

1.05%

6.33%

5.36%

5.02%

4.13%

Operating profit (post-investments)/ Net invested capital**

(7.89%)

8.92%

15.93%

8.80%

6.52%

Net financial position / Equity - gearing

0.43

n.s.

0.42

0.21

0.42

Capital expenditures / Depreciation

1.56

1.34

1.27

1.19

1.16

R & D expenditures / Net sales*

3.35%

3.62%

3.53%

3.83%

4.31%

Net sales* per employee (in thousands of Euros)

148

155

172

173

162

Pirelli & C. S.p.A. Ordinary shares (no. in millions)

5,233.1

5,233.1

5,233.1

5,180.7

3,327.5

Pirelli & C. S.p.A. Savings shares (no. in milllions)

134.8

134.8

134.8

134.8

134.8

Total Pirelli & C. S.p.A. shares (no. in millions)

5,367.9

5,367.9

5,367.9

5,315.5

3,462.3

Treasury ordinary shares (no. in millions)

3.9

2.6

2.6

2.6

2.6

Treasury savings shares (no. in millions)

4.5

-

-

-

-

Factories

23

24

24

24

74

of which discontinued operations

-

-

-

-

52

Employees (at 12/31)

31,056

30,823

28,617

26,827

24,790

of which temporary employees

2,913

3,642

3,479

3,102

2,721

* On net sales excluding DGAG

** Average amount