Key figures

The consolidated financial statements for Klöckner & Co SE are prepared in accordance with International Financial Reporting Standards (IFRS) and the interpretations of these standards by the International Accounting Standards Board (IASB), as applicable in the EU.

Our independent auditor, KPMG Hartkopf + Rentrop Treuhand KG Wirtschaftsprüfungsgesellschaft issued an unqualified audit opinion on the 2009 consolidated financial statements on February 26, 2010.

Financial highlights: Summary data since IPO

Income Statement 2009 2008*) 2007 2006
Sales € million 3,860 6,750 6,274 5,532
Earnings before interest, taxes, depreciation and amortization (EBITDA) € million -68 601 371 395
Earnings before interest and taxes (EBIT) € million -178 533 307 337
Earnings before taxes (EBT) € million -240 463 210 273
Earnings after taxes (EAT) € million -186 384 156 235
Earnings per share (basic) € -3.61 8.56 2.87 4.44
Earnings per share (diluted) € -3.61 8.11 2.87 4.44
Cash Flow Statement
Cash flow from operating activities € million 565 187 109 132
Cash flow from investing activities € million -8 72 -378 10
Balance Sheet Dec. 31, 2009 Dec. 31, 2008*) Dec. 31, 2007 Dec. 31, 2006
Net working capital **) € million 637 1,407 1,323***) 1,135
Net financial debt € million -150 571 746 365
Equity € million 1,123 1,081 845 799
Balance sheet total € million 2,713 3,084 2,966 2,552
Gearing****) -14% 53% 88% 46%
Equity ratio 41% 35% 28% 31%
Key Figures 2009 2008 2007 2006
Sales volume to'000 4,119 5,974 6,478 6,127
Employees at end of period (Dec. 31) 9,032 10,282 10,581 9,688

*) Comparative amounts for 2008 restated due to initial application of IFRIC 14.

**) Working capital = inventories plus trade receivables less trade payables     
     
***) Including Namasco Ltd.; €1,276 million excluding Namasco Ltd. 

****) Gearing (Net financial debt/ Equity)