Quarterly Report - Wacker Chemie AG


Quarterly Report

1st quarter 2013

in € million Q1 2013 Q1 2012* Change in %
Sales 1,076.3 1,194.3 -9.9
EBITDA (1) 164.5 213.3 -22.9
EBITDA margin (2) 15.3% 17.9% -
EBIT (3) 32.2 83.9 -61.6
EBIT margin (2) 3.0% 7.0% -
Financial result -14.6 -13.2 10.6
Income before taxes 17.6 70.7 -75.1
Net income for the period 5.1 41.8 -87.8
Earnings per share in € 0.08 0.87 -90.5
Investment (incl. financial assets) 121.2 186.1 -34.9
Net cash flow(4) -39.0 -48.1 -18.9
in € million March 31,
2013
March 31,
2012*
December 31,
2012*
Equity 2,188.4 2,337.0 2,121.3
Financial liabilities 1,193.7 1,097.3 1,197.2
Net financial receivables/
net financial liabilities(5)
-800.1 19,1 -700.5
Total assets 6,433.6 6,677.2 6,492.8
Employees (number at end of period) 16,248 17,166 16,292
(1) EBITDA is EBIT before depreciation and amortization.
(2) Margins are calculated based on sales.
(3) EBIT is the result from continuing operations for the period before interest and other financial results, and income taxes.
(4) Sum of cash flow from operating activities (excluding changes in advanced payments) and cash flow from noncurrent investment activities (before securities), including additions due to finance leases.
(5) Sum of cash and cash equivalents, noncurrent and current securities, and noncurrent and current financial liabilities.
* Adjusted based on the effects of the adaption of IAS 19 (revised), see Changes in Accounting and Valuation Methods in the Notes section.

Note

This website contains forward looking statements based on assumptions and estimates of WACKER's Executive Board. Although we assume the expectations in these forward looking statements are realistic, we cannot guarantee they will prove to be correct. The assumptions may harbor risks and uncertainties that may cause the actual figures to differ considerably from the forward looking statements. Factors that may cause such discrepancies include, among other things, changes in the economic and business environment, variations in exchange and interest rates, the introduction of competing products, lack of acceptance for new products or services, and changes in corporate strategy. WACKER does not plan to update the forward looking statements, nor does it assume the obligation to do so.