Five-year summaries
Five-year summaries of key financial data
Key figures from consolidated income statement and statement of cash flows
|
millions of CHF |
|
2017 |
2016 |
2015 |
2014 |
2013 |
|
Order intake |
|
3’155.7 |
2’797.5 |
2’895.8 |
3’160.8 |
3’249.9 |
|
Order intake gross margin |
|
34.4% |
34.0% |
33.8% |
33.5% |
33.5% |
|
Order backlog |
|
1’593.5 |
1’439.1 |
1’510.7 |
1’699.6 |
1’672.1 |
|
Sales |
|
3’049.0 |
2’876.7 |
2’971.0 |
3’212.1 |
3’263.9 |
|
Operating income |
EBIT |
136.5 |
115.3 |
120.9 |
–69.0 |
264.0 |
|
Operational EBITA |
opEBITA |
255.4 |
238.9 |
254.1 |
302.9 |
304.1 |
|
Operational EBITA margin (operational EBITA/sales) |
opROSA |
8.4% |
8.3% |
8.6% |
9.4% |
9.3% |
|
Return on capital employed (operational EBITA in % of average capital employed) 1) |
opROCEA |
15.8% |
15.7% |
17.0% |
17.1% |
14.6% |
|
Net income attributable to shareholders of Sulzer Ltd |
|
83.2 |
59.0 |
73.9 |
275 |
234.4 |
|
– in percentage of equity attributable to shareholders of Sulzer Ltd |
ROE |
5.0% |
3.7% |
3.3% |
11.3% |
10.0% |
|
Reported EPS |
EPS |
2.44 |
1.73 |
2.17 |
8.09 |
6.89 |
|
Depreciation |
|
–71.7 |
–69.5 |
–74.1 |
–79.2 |
–73.0 |
|
Amortization |
|
–53.8 |
–47.3 |
–42.3 |
–43.3 |
–41.6 |
|
Impairments 2) |
|
–15.4 |
–18.4 |
–13.0 |
–0.4 |
0.0 |
|
Research and development expenses |
|
–81.0 |
–71.4 |
–73.4 |
–76.2 |
–70.6 |
|
Capital expenditure |
|
81.2 |
74.9 |
73.7 |
96.0 |
80.5 |
|
Free cash flow |
|
127.0 |
200.5 |
155.8 |
98.0 |
218.7 |
|
FCF conversion (free cash flow/net income) |
|
1.46 |
3.34 |
2.08 |
0.35 |
0.93 |
|
Employees (number of full-time equivalents) as of December 31 |
|
14’732 |
14’005 |
14’253 |
15’494 |
15’382 |
|
Personnel expenses |
|
1’078.2 |
971.1 |
1’020.8 |
1’046.2 |
1’047.4 |
1) Since 2014 opEBITA/operational capital employed (excl. other intangible assets). For 2013 and earlier capital employed.
2) Impairments does not include impairment on goodwill.
Key figures from consolidated balance sheet
|
millions of CHF |
|
2017 |
2016 |
2015 |
2014 |
2013 |
|
Non-current assets |
|
1’990.5 |
1’809.9 |
1’574.0 |
1’681.9 |
1’891.5 |
|
– thereof property, plant, and equipment |
|
531.6 |
511.0 |
491.4 |
530.7 |
492.0 |
|
Current assets |
|
2’126.8 |
1’926.0 |
2’680.8 |
2’971.1 |
2’652.4 |
|
– thereof cash and cash equivalents and marketable securities |
|
488.8 |
429.5 |
1’217.3 |
1’301.5 |
528.7 |
|
Total assets |
|
4’117.3 |
3’735.9 |
4’254.8 |
4’653.0 |
4’543.9 |
|
Equity attributable to shareholders of Sulzer Ltd |
|
1’680.1 |
1’581.2 |
2’224.7 |
2’435.4 |
2’334.4 |
|
Non-current liabilities |
|
900.1 |
980.3 |
472.1 |
994.5 |
825.3 |
|
– thereof long-term borrowings |
|
458.7 |
458.3 |
7.2 |
510.3 |
515.9 |
|
Current liabilities |
|
1’514.8 |
1’164.6 |
1’548.5 |
1’216.5 |
1’377.9 |
|
– thereof short-term borrowings |
|
255.1 |
7.1 |
514.4 |
17.7 |
56.6 |
|
|
|
|
|
|
|
|
|
Net liquidity 1) |
|
–225.0 |
–35.9 |
695.7 |
773.5 |
–36.2 |
|
Equity ratio 2) |
|
40.8% |
42.3% |
52.3% |
52.4% |
51.4% |
|
Borrowings-to-equity ratio (gearing) |
|
0.42 |
0.29 |
0.23 |
0.22 |
0.25 |
1) Cash and cash equivalents and marketable securities, less short-term and long-term borrowings
2) Equity attributable to shareholders of Sulzer Ltd in relation to total assets.
Five-year summaries by division
|
|
Order intake |
Sales |
||||||||
|
millions of CHF |
2017 3) |
2016 3) |
2015 |
2014 |
2013 |
2017 3) |
2016 3) |
2015 |
2014 |
2013 |
|
Divisions |
3’189.0 |
2’844.6 |
2’907.9 |
3’169.1 |
3’250.7 |
3’059.1 |
2’888.4 |
2’983.8 |
3’221.0 |
3’270.9 |
|
Pumps Equipment |
1’189.7 |
1’090.4 |
1’500.8 |
1’725.5 |
1’801.5 |
1’122.7 |
1’159.0 |
1’621.0 |
1’754.9 |
1’821.6 |
|
Rotating Equipment Services |
1’071.0 |
1’009.7 |
698.2 |
725.2 |
699.3 |
1’034.5 |
1’011.3 |
693.2 |
724.6 |
705.6 |
|
Chemtech |
502.0 |
471.9 |
708.9 |
718.4 |
749.9 |
478.4 |
446.1 |
669.6 |
741.5 |
743.7 |
|
Applicator Systems |
426.3 |
272.6 |
0.0 |
0.0 |
0.0 |
423.5 |
272.0 |
0.0 |
0.0 |
0.0 |
|
Others |
–33.3 |
–47.1 |
–12.1 |
–8.3 |
–0.8 |
–10.1 |
–11.7 |
–12.8 |
–8.9 |
–7.0 |
|
Total |
3’155.7 |
2’797.5 |
2’895.8 |
3’160.8 |
3’249.9 |
3’049.0 |
2’876.7 |
2’971.0 |
3’212.1 |
3’263.9 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||
|
|
Order backlog |
Employees 1) |
||||||||
|
millions of CHF |
2017 3) |
2016 3) |
2015 |
2014 |
2013 |
2017 3) |
2016 3) |
2015 |
2014 |
2013 |
|
Divisions |
1’591.4 |
1’439.0 |
1’510.7 |
1’703.6 |
1’672.1 |
14’532 |
13’829 |
14’073 |
15’361 |
15’198 |
|
Pumps Equipment |
847.0 |
697.4 |
998.0 |
1’209.4 |
1’190.9 |
5’453 |
5’156 |
6’996 |
7’365 |
7’389 |
|
Rotating Equipment Services |
364.4 |
378.7 |
205.0 |
212.2 |
190.7 |
4’485 |
4’541 |
3’538 |
3’709 |
3’642 |
|
Chemtech |
315.3 |
304.9 |
307.7 |
282.0 |
290.5 |
2’878 |
2’570 |
3’539 |
4’287 |
4’167 |
|
Applicator Systems |
64.7 |
58.0 |
0.0 |
0.0 |
0.0 |
1’716 |
1’562 |
0 |
0 |
0 |
|
Others |
2.1 |
0.1 |
0.0 |
–4.0 |
0.0 |
200 |
176 |
180 |
133 |
184 |
|
Total |
1’593.5 |
1’439.1 |
1’510.7 |
1’699.6 |
1’672.1 |
14’732 |
14’005 |
14’253 |
15’494 |
15’382 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operational EBITA |
Operational capital employed |
||||||||
|
millions of CHF |
2017 3) |
2016 3) |
2015 |
2014 |
2013 |
2017 3) |
2016 3) |
2015 |
2014 |
2013 2) |
|
Divisions |
252.1 |
234.6 |
256.3 |
318.7 |
332.9 |
1’727.8 |
1’605.0 |
1’574.6 |
1’866.9 |
2’158.7 |
|
Pumps Equipment |
–3.7 |
13.0 |
118.1 |
160.6 |
166.9 |
617.3 |
760.6 |
746.3 |
1’115.6 |
n/a |
|
Rotating Equipment Services |
144.0 |
139.5 |
70.8 |
64.5 |
71.0 |
506.5 |
400.6 |
422.0 |
408.7 |
n/a |
|
Chemtech |
25.0 |
18.0 |
67.4 |
93.6 |
95.0 |
221.5 |
223.8 |
406.3 |
342.6 |
412.8 |
|
Applicator Systems |
86.8 |
64.1 |
0.0 |
0.0 |
0.0 |
382.5 |
220.0 |
0.0 |
0.0 |
0.0 |
|
Others |
3.3 |
4.3 |
–2.2 |
–15.8 |
–28.8 |
–113.0 |
–85.1 |
–76.8 |
–99.6 |
–68.9 |
|
Total |
255.4 |
238.9 |
254.1 |
302.9 |
304.1 |
1’614.8 |
1’519.9 |
1’497.8 |
1’767.3 |
2’089.8 |
|
|
|
|
|
|
|
|
|
|
|
|
1) Number of full-time equivalents as of December 31.
2) Since 2014 operational capital employed (excl. other intangible assets). For 2013 and earlier capital employed.
3) Reclassified numbers according to new operational structure, effective since January 1, 2017.
Five-year summaries by region
Order intake by region
|
millions of CHF |
2017 |
2016 |
2015 |
2014 |
2013 |
|
Europe, Middle East, Africa |
1’422.1 |
1’254.8 |
1’303.7 |
1’305.5 |
1’329.7 |
|
Americas |
1’038.2 |
949.8 |
1’065.3 |
1’165.4 |
1’123.2 |
|
Asia-Pacific |
695.4 |
592.9 |
526.8 |
689.9 |
797.0 |
|
Total |
3’155.7 |
2’797.5 |
2’895.8 |
3’160.8 |
3’249.9 |
Sales by region
|
millions of CHF |
2017 |
2016 |
2015 |
2014 |
2013 |
|
Europe, Middle East, Africa |
1’411.6 |
1’271.8 |
1’214.0 |
1’264.7 |
1’402.4 |
|
Americas |
1’003.5 |
1’041.9 |
1’134.9 |
1’177.4 |
1’130.0 |
|
Asia-Pacific |
633.9 |
563.0 |
622.1 |
770.0 |
731.5 |
|
Total |
3’049.0 |
2’876.7 |
2’971.0 |
3’212.1 |
3’263.9 |
Capital employed (average) by company location
|
millions of CHF |
2017 |
2016 |
2015 |
2014 |
2013 1) |
|
Europe, Middle East, Africa |
1’061.5 |
941.8 |
875.5 |
1’152.4 |
1’365.1 |
|
Americas |
384.5 |
391.8 |
415.8 |
406.6 |
481.0 |
|
Asia-Pacific |
168.8 |
186.3 |
206.5 |
208.3 |
243.7 |
|
Total |
1’614.8 |
1’519.9 |
1’497.8 |
1’767.3 |
2’089.8 |
1) Since 2014 operational capital employeed (excl. other intangible assets). For 2013 and earlier capital employed.
Employees by company location1)
|
|
2017 |
2016 |
2015 |
2014 |
2013 |
|
Europe, Middle East, Africa |
7’279 |
6’804 |
6’504 |
6’607 |
6’749 |
|
Americas |
3’911 |
3’822 |
4’139 |
4’545 |
4’361 |
|
Asia-Pacific |
3’542 |
3’379 |
3’610 |
4’342 |
4’272 |
|
Total |
14’732 |
14’005 |
14’253 |
15’494 |
15’382 |
1) Number of full-time equivalents as of December 31.