Key Figures

Consolidated Income Statement

(m€)	FY 2017	FY 2018	FY 2019	FY 2020
Revenues	3.897	4.567	4.628	3.977
Total Cost of Sales	-3.187	-3.716	-3.697	-3.484
Gross Profit	711	851	931	492
Gross Profit Margin	18,2%	18,6%	20,1%	12,4%
R&D according to IFRS	-52	-61	-66	-61
SG&A	-179	199	203	-225
Other operating income (expense)	-3	-17	-39	-14
P&L of companies accounted "at equity and at cost"	44	46	83	70
EBIT reported	521	620	706	262
EBIT adj.	573	671	757	416
EBIT adj.margin	14,7%	14.7%	16,4%	10,5%
Financial Result	-43	-13	-39	-67
Profit before tax (EBT)	478	607	667	195
Taxes	-119	-154	-178	-48
Net Income reported	359	453	488	147
Net Income adj.	405	479	538	294
EPS reported	6,90	8,67	9,23	2,63
EPS adj.	7,87	9,29	10,38	5,56

(m€)	FY 2017	FY 2018	FY 2019	FY 2020
Net Income IFRS	359	453	488	147
Depreciation and amortization	194	201	260	352
Change in provisions	192	185	176	-112
Change in Working Capital	-191	-320	-142	-25
Taxes	-25	17	42	27
Interest, derivatives, others	-67	60	8	-3
Cash Flow from operating activities	461	595	832	386
Net Investment in intangible assets	-133	-121	-150	-35
Net Investment in property, plant, equipment	-167	-184	-299	-179
Net Investments in financial assets	-41	-31	-23	-31
Cash Flow from investing activities	-341	-336	-472	-245
Adjustments	31	-56	-2	-36
Free Cash Flow	151	203	358	105
Cash Flow from financing activities	-333	-263	-324	504
Cash and cash equivalents at	106	99	139	773

(m€)	31/12/2017	31/12/2018	31/12/2019	31/12/2020
Intangible Assets	1.033	1.073	1.163	1.135
Property, Plant, Equipment	736	799	1.101	1.161
other Non-current assets	1.774	1.844	1.892	1.733
Total Non-Current assets	3.542	3.716	4.155	4.030
Current assets	2.683	3.135	3.610	4.074
Total assets	6.225	6.851	7.765	8.104
Equity	1.841	2.144	2.421	2.635
Non-Current Liabilities	1.856	1.902	2.130	2.501
Current Liabilities	2.528	2.804	3.214	2.968
Total Equity and Liabilities	6.225	6.851	7.765	8.104
thereof Pension Provisions	871	879	976	1.009
Working Capital	1.047	1.368	1.510	1.535