Financials & shares
- Financials

Financials

Océ 2006-2010


Consolidated Income Statement	2010	2009	2008	2007	2006
amounts x € million

Total revenues	2,674	2,648	2,909	3,098	3,110
Operating income	− 32	− 15	46	121	102
Net income	− 122	− 47	4	79	57
Net income attributable to shareholders	− 124	− 49	2	77	55

Key figures:
Total revenues	2,674	2,648	2,909	3,098	3,110
\| Increase/decrease in %	1	− 9	− 6	−	16
Expenses on research and development	182	179	230	228	221
\| As % of total revenues	6.8	6.7	7.9	7.3	7.1
Operating income	− 32	− 15	46	121	102
\| As % of total revenues	− 1.2	− 0.6	1.6	3.9	3.3
Net income attributable to shareholders	− 124	− 49	2	77	55
\| As % of total revenues	− 4.6	− 1.8	0.1	2.5	1.8
\| As % of average equity attributable to shareholders	− 23.0	− 8.0	0.3	11.3	8.1
Return on Capital Employed (RoCE)	− 2.3	− 1.0	3.0	7.3	5.6
Retained net income attributable to shareholders	− 126	− 51	− 1	20	4
\| As % of net income attributable to shareholders	100%	100.0	100.0	27.1	8.4
Employee benefit expenses	1,163	1,213	1,266	1,332	1,354
\| As % of total revenues	43.6	45.8	43.5	43.0	43.5
Number of employees (FTEs)	20,708	21,635	23,148	23,798	23,784

Earnings per ordinary share attributable to shareholders (in euro):

Basic	− 1.49	− 0.61	− 0.01	0.88	0.63
Diluted	− 1.49	− 0.61	− 0.01	0.87	0.63

Per ordinary share (in euro):
Free cash flow	− 1.23	0.96	0.22	2.26	1.41
Equity attributable to shareholders	5.32	5.74	6.94	7.32	7.48
Dividend	− *	−	0.15	0.64	0.58

Weighted average number of ordinary
shares outstanding (x 1,000)	84,889	84,858	84,786	84,315	83,899

Share price (in euro):
Year’s highest	8.75	8.88	13.88	18.68	15.39
Year’s lowest	5.50	1.82	3.06	11.15	10.92
Year end (30 November)	7.77	8.59	3.46	12.39	12.59

* Proposal to the General Meeting of Shareholders of 19 April 2011.


Consolidated Balance Sheet	2010	2009	2008	2007	2006
amounts x € million

Assets:
Non-current assets	1,271	1,256	1,392	1,281	1,399
Current assets	981	949	1,154	1,199	1,198
Non-current assets held for sale	-	2	3	11	9

Total	2,252	2,207	2,549	2,491	2,606

Equity and liabilities:
Equity	544	579	681	713	721
Non-current liabilities	427	924	1,063	1,041	1,079
Current liabilities	1,281	704	805	737	806

Total	2,252	2,207	2,549	2,491	2,606

Key figures:
Property, plant and equipment	304	316	354	373	428
\| Net capital expenditure	43	41	66	55	75
\| Depreciation	62	70	80	91	94
Rental equipment	85	82	110	108	112
\| Net capital expenditure	47	38	60	71	67
\| Depreciation	51	59	63	68	71
Finance lease receivables (including
short term finance leases and
non-current assets held for sale)	238	246	301	276	313
\| As % of balance sheet total	11	11	12	11	12
Inventories	270	267	353	328	340
\| As % of total revenues	10	10	12	11	11
Trade accounts receivable	437	409	481	499	549
\| As % of total revenues	16	15	17	16	18

Ratio of current assets to current liabilities	0.8	1.3	1.4	1.6	1.5
Equity as % of balance sheet total	24	26	27	29	28