assured 2010
Company
Key Data
| Category | Key Data | 2009 | 2010 |
| Economic Indicators (€ million) |
| | Sales | 31,168 | 35,088 |
| | EBIT 1 | 3,006 | 2,730 |
| | EBIT before special items 2 | 3,772 | 4,452 |
| | EBITDA3 | 5,815 | 6,286 |
| | EBITDA before special items 2 | 6,472 | 7,101 |
| | EBITDA margin before special items 4 | 20.8 % | 20.2 % |
| | Income before income taxes | 1,870 | 1,721 |
| | Income taxes | (511) | (411) |
| | Net income | 1,359 | 1,301 |
| | Earnings per share (€) 5 | 1.70 | 1.57 |
| | Core earnings per share (€) 6 | 3.64 | 4.19 |
| | Gross cash flow 7 | 4,658 | 4,771 |
| | Net cash flow 8 | 5,375 | 5,773 |
| | Net financial debt | 9,691 | 7,917 |
| | Capital expenditures (as per segment table in the Annual Report 2010) | 1,669 | 1,621 |
| | Research and development expenses | 2,746 | 3,053 |
| | Dividend per Bayer AG share (€) | 1.40 | 1.50 |
| | Personnel expenses (incl. pension plans) | 7,776 | 8,099 |
| | Pension liability 9 | 15,931 | 17,699 |
| Employees and Society 10 |
| Diversity and opportunities | Percentage of women in the Group Leadership Circle | 5.5 | 6.5 |
| Number of nationalities in the Group Leadership Circle | 22 | 21 |
Proportion of full-time employees with contractually agreed working time
not exceeding 48 hours per week (%) | 100 | 100 |
| Proportion of employees with health insurance (%) | 95 | 94 |
| Proportion of employees eligible for a company pension plan or company-financed retirement benefits (%) | 74 | 74 |
| | Proportion of employees covered by collective agreements on pay and conditions (%) | 56 | 55 |
| Safety | Industrial injuries to Bayer employees resulting in at least one day’s absence (MAQ* value) | 2.0 | 1.7 |
| Reportable industrial injuries to Bayer employees (MAQ* value) | 3.1 | 3.1 |
| Ecological Indicators |
| Emissions | Direct greenhouse gas emissions (CO2 equivalents in million metric tons) 11 | 4.57 | 4.80 |
| Indirect greenhouse gas emissions (CO2 equivalents in million metric tons) 11 | 3.53 | 3.70 |
| Volatile organic compounds (VOC) (thousand metric tons per year) | 2.59 | 2.54 |
| Total phosporus in wastewater (thousand metric tons per year) | 0.74 | 0.09 |
| Total nitrogen in wastewater (thousand metric tons per year) | 0.64 | 0.49 |
| Total organic carbon (TOC) (thousand metric tons per year) | 1.35 | 1.42 |
| Waste | Hazardous waste generated (million metric tons per year) | 0.38 | 0.35 |
| Hazardous waste landfilled (million metric tons per year) | 0.09 | 0.06 |
| Use of resources | Water use (million m³/ year) | 407 | 474 |
| Energy use (petajoules [1015 joules] per year) | 77.33 | 85.71 |
Environmental incidents
and transport accidents | Environmental incidents | 13 | 7 |
| Transport accidents | 10 | 8 |
1 EBIT = operating result as shown in the income statement
2 EBIT(DA) before special items is not defined in the International Financial Reporting Standards and should therefore be regarded only as supplementary information. The company considers EBITDA before special items to be a more suitable indicator of operating performance since it is not affected by depreciation, amortization, impairments or special items. By reporting this indicator, the company aims to give readers a clearer picture of the results of operations and ensure greater comparability of data over time.
3 EBITDA = EBIT plus amortization and impairment losses on intangible assets and depreciation and impairment losses on property, plant and equipment, minus impairment loss reversals.
4 The EBITDA margin before special items is calculated by dividing EBITDA before special items by sales.
5 Earnings per share as defined in IAS 33 = adjusted net income divided by the average number of shares.
6 Core earnings per share are not defined in the International Financial Reporting Standards and should therefore be regarded only as supplementary information. The company considers that this indicator gives readers a clearer picture of the results of operations and ensures greater comparability of data over time.
7 Gross cash flow = income after taxes, plus income taxes, plus non-operating result, minus income taxes paid or accrued, plus depreciation, amortization and impairment losses, minus impairment loss reversals, plus/minus changes in pension provisions, minus gains/plus losses on retirements of noncurrent assets, minus gains from the remeasurement of already held assets in step acquisitions. The change in pension provisions includes the elimination of non-cash components of the operating result (EBIT). It also contains benefit payments during the year.
8 Net cash flow = cash flow from operating activities according to IAS 7
9 Present value of defined-benefit obligations for pensions and other post-employment benefits
10 Stated in full-time equivalents
11 Portfolio-adjusted in accordance with the Greenhouse Gas Protocol
* MAQ = million working hour quota (injuries per million hours worked)