Annual report 2019

150

HISTORIC OVERVIEW (1) (15)

2019 (17)

2018 (16)

2017 (16)

2016

2015

2014 (11)

2013 (11)

(in EUR million, unless stated otherwise)

2,645 4,722

Revenue

2,570 4,292

2,343 3,495

2,596 2,924

3,240 2,490

3,167 3,286

3,144 3,323

Order book

375.8 265.1

EBITDA

353.6* 234.6 119.0 -519.5 -400.5

436.6 251.6 185.0

660.5* 277.2 384.6 -842.6 -458.1

884.7 278.6 577.3 -14.5 562.8 440.2 443.5 765.4

945.9 261.9 684.0 -31.6 652.3 490.3 492.2 785.7

757.2 254.4 502.8 -39.4 463.4 365.7 365.3 659.1

(3)

Depreciation and amortization

28.5 82.3

Operating result Extraordinary items

(12)

0.0

110.7

EBIT

185.0

(2)

74.9 74.9

Net profit

82.8*

150.5 276.4*

(14)

Net group profit/loss

-433.7

150.4 402.0

-561.8 464.0

340.0

Cash flow

319.5*

2,491

Shareholders’ equity

2,544

3,023

3,121

3,714

3,152

2,525

Average number of outstanding shares (x 1,000)

133,248

132,492 131,097 128,205 124,182 121,606 118,445

(4)

Number of outstanding shares (x 1,000)

131,727

134,068 130,677 130,077 125,627 122,309 120,265

(5)

7,133

Personnel (headcount)

7,078

6,410

6,960

8,268

8,446

8,459

(13)

Ratios (in percentages) EBIT as % of the revenue Return on capital employed

4.2 2.9 3.0

4.6* 2.9* 3.0*

7.9 4.8 4.9

14.8*

17.4 10.8 12.8 56.3

20.6 13.8 17.3 53.4

14.7 13.0 16.5 47.6

9.1* 8.1*

(6)

Other information ANNUAL REPORT 2019 – BOSKALIS Return on equity Solvency Figures per share (in EUR) Profit Cash flow Dividend Share price range (in EUR) Low High

(7)

54.3

56.1

62.6

56.1

(8)

0.56 2.55 0.50

0.63* 2.41*

1.15 3.07 1.00

2.16* 3.62*

3.54 6.16 1.60

4.03 6.46 1.60

3.09 5.56 1.24

(5)(9)

(5)

0.50

1.00

16.48 25.42

20.10 32.58

27.08 35.51

27.89 37.60

35.70 49.21

33.71 47.18

26.92 38.58

* Excluding extraordinary charges/impairments (1) Figures taken from the respective fnancial statements.

(2) EBIT as reported in the consolidated statement of proft or loss. (3) EBIT before depreciation, amortization and impairment losses. (4) Weighted average number of outstanding shares less the number of shares owned by the company. (5) Number of outstanding ordinary shares less the number of shares owned by the company as at 31 December. (6) Net proft + interest expenses regarding long term loans (non-current interest bearing borrowings, excluding lease liabilities) as % of the average capital employed (2016 average capital includes adjustment for debt to be repaid early). (7) Net proft as % of the average shareholders’ equity. (8) Group equity as % of balance sheet total (non-current assets + current assets). (9) The dilution effect was practically nil up to and including the fnancial year 2019. (10) Adjusted for changes in the IFRS standards (IAS19R). (11) As of 1 January 2014 Boskalis applies IFRS11 which impacts the way joint ventures and associated companies are recognized. The full year 2013 comparative fgures have been adjusted accordingly. (12) EBIT - extraordinary charges/impairments. (13) Employees employed by majority owned entities including employees Anglo Eastern, crew of the heavy transport vessels. (14) The net loss in 2018 and 2016 have been adjusted for post tax extraordinary charges/impairments. (15) On 21 May 2007 a share split on a three-for-one basis was effected. For comparative purposes the data regarding the number of shares and fgures per share of all the periods preceding the share split have been recalculated.

(16) As of 1 January 2018 Boskalis applies IFRS15. The full year 2017 comparative fgures have been adjusted accordingly. (17) As of 1 January 2019 Boskalis applies IFRS16. The full year 2018 comparative fgures have not been adjusted accordingly.