Annual Report Carl Zeiss Group 2007/08 2007/08 Report Annual Carl Zeiss Group Zeiss Carl
Total Page:16
File Type:pdf, Size:1020Kb
Carl Zeiss is an international group of companies in the optical and optoelectronic industry. The company has representatives in more than 30 coun- tries. Carl Zeiss is a stock corporation which is wholly owned by the Carl-Zeiss-Stiftung (Carl Zeiss Foundation). The products and services from Carl Zeiss set standards in the Medical and Research Solutions, Annual Report Carl Zeiss Group Industrial Solutions and Lifestyle Products markets. The ZEISS brand has stood for innovative ideas, 2007/08 precision and quality for more than 160 years. Around 13,000 employees work for Carl Zeiss around the world. During the past fiscal year, they generated revenues of 2.7 billion euros. Carl Zeiss AG Carl Zeiss Group 2007/08 73446 Oberkochen, Germany Phone +49 (0) 7364 20-0 Fax +49 (0)7364 20-6808 AW-CZ-II/2009 www.zeiss.de/en EN_90_2008I Annual Report Carl Zeiss is an international group of companies in the optical and optoelectronic industry. The company has representatives in more than 30 coun- tries. Carl Zeiss is a stock corporation which is wholly owned by the Carl-Zeiss-Stiftung (Carl Zeiss Foundation). The products and services from Carl Zeiss set standards in the Medical and Research Solutions, Annual Report Carl Zeiss Group Industrial Solutions and Lifestyle Products markets. The ZEISS brand has stood for innovative ideas, 2007/08 precision and quality for more than 160 years. Around 13,000 employees work for Carl Zeiss around the world. During the past fiscal year, they generated revenues of 2.7 billion euros. Carl Zeiss AG Carl Zeiss Group 2007/08 73446 Oberkochen, Germany Phone +49 (0) 7364 20-0 Fax +49 (0)7364 20-6808 AW-CZ-II/2009 www.zeiss.de/en EN_90_2008I Annual Report Business Groups of the Carl Zeiss Group Financial Highlights (IFRS) Semiconductor Increasingly smaller and more powerful microchips are needed for organizers, laptops and 2007/08 2006/07 2005/06 Technology mobile phones. Carl Zeiss is the global market leader in lithography optics – the basic techno- EUR mill. % EUR mill. % EUR mill. % logy required for microchip production. Carl Zeiss is also a pioneer in electron and ion-beam technology. Scanning and transmission electron microscopes and ion-beam systems are used Sales revenues 2,731 100 2,604 100 2,433 100 to make even the smallest structures visible. Domestic (Germany) 449 16 432 17 380 16 Foreign 2,282 84 2,172 83 2,053 84 Medical Systems Medical systems from Carl Zeiss are used in ophthalmology, neurosurgery and ear, nose and EbIT 343 13 394 15 313 13 throat surgery. Office-based doctors also put their trust in the know-how of Carl Zeiss. The Consolidated net income 178 7 233 9 167 7 company‘s diagnostic and therapy systems help healthcare professionals achieve better Income taxes 100 3 142 5 89 4 treatment outcomes. In this way, patients also benefit from the innovative, leading-edge Earnings before taxes 278 10 375 14 256 11 technology produced by Carl Zeiss. Depreciation/amortization of fixed assets net of post-capitalization/write-ups 134 5 146 6 120 5 Microscopy Researchers rely on the best technology: microscope systems from Carl Zeiss support them in Changes in the provisions for pensions and gaining new insights in biology, medicine, pharmacy and chemistry. Microscopes can be used other non-current provisions 1) 20 1 7 - 16 - by industry to analyze materials and test their quality. Carl Zeiss also offers microscopes for Adjustment for non-cash and students, which enable young people to become familiar with the fascination of microscopy. unusual cash-relevant expenses and income of a material nature 64 2 21 1 18 1 Industrial Measuring solutions from Carl Zeiss help make airplanes safer, cars faster, small plastic parts Cash flows before income taxes 2) 496 18 549 21 410 17 Metrology more resilient and wind turbines more efficient. Measuring machines and software from Carl Zeiss ensure maximum standards of quality wherever high precision is a must. Without Cash flows from operating activities 266 386 265 measuring technology, the development, large-scale production and quality assurance of many Cash flows from investing activities -212 -545 -304 everyday products would be inconceivable. Cash flows from financing activities -46 140 -62 Consumer Carl Zeiss brings the night sky to planetariums and breathtakingly crisp images to the silver Optics/ screen. Binoculars deliver perfect details for nature observation and optoelectronic solutions Total assets 3,591 100 3,433 100 3,017 100 Optronics from Carl Zeiss ensure more security. Millions of people around the world value the quality and Property, plant and equipment 555 15 528 15 551 18 Published by precision of optics from Carl Zeiss in digital cameras, camcorders and camera phones. Capital expenditure 118 107 118 Carl Zeiss AG Depreciation 99 114 99 Corporate Communications Inventories 829 23 718 21 635 21 Carl-Zeiss-Strasse 22 Equity 1,197 33 1,041 30 660 22 73446 Oberkochen Carl Zeiss Vision Carl Zeiss Vision is the world number two in the eyeglass market. Around the globe, two Net liquid assets 3) 615 612 275 Germany (Joint Venture) people per second decide to purchase eyeglass lenses from Carl Zeiss Vision. The company offers eye care professionals instruments to optimize the fitting of glasses.Carl Zeiss Vision is a Phone: +49 (0) 7364 20-0 joint venture of Carl Zeiss AG and Private Equity Fund EQT III. Number of employees as of balance sheet date Fax: +49 (0) 7364 20-6808 (September 30) 13,060 12,257 11,249 Email: [email protected] Domestic (Germany) 8,440 7,965 7,843 Foreign 4,620 4,292 3,406 The Annual Report is also available in German. 1) Adjusted for investment in CTA in Germany and investments in plan assets abroad 2) Determined following the recommendation of the German Financial Analysis Association/Schmalenbach-Gesellschaft 3) Cash, cash equivalents, securities and fixed-term investments net of liabilities to banks More information about the company is available at www.zeiss.de/en. Business Groups of the Carl Zeiss Group Financial Highlights (IFRS) Semiconductor Increasingly smaller and more powerful microchips are needed for organizers, laptops and 2007/08 2006/07 2005/06 Technology mobile phones. Carl Zeiss is the global market leader in lithography optics – the basic techno- EUR mill. % EUR mill. % EUR mill. % logy required for microchip production. Carl Zeiss is also a pioneer in electron and ion-beam technology. Scanning and transmission electron microscopes and ion-beam systems are used Sales revenues 2,731 100 2,604 100 2,433 100 to make even the smallest structures visible. Domestic (Germany) 449 16 432 17 380 16 Foreign 2,282 84 2,172 83 2,053 84 Medical Systems Medical systems from Carl Zeiss are used in ophthalmology, neurosurgery and ear, nose and EbIT 343 13 394 15 313 13 throat surgery. Office-based doctors also put their trust in the know-how of Carl Zeiss. The Consolidated net income 178 7 233 9 167 7 company‘s diagnostic and therapy systems help healthcare professionals achieve better Income taxes 100 3 142 5 89 4 treatment outcomes. In this way, patients also benefit from the innovative, leading-edge Earnings before taxes 278 10 375 14 256 11 technology produced by Carl Zeiss. Depreciation/amortization of fixed assets net of post-capitalization/write-ups 134 5 146 6 120 5 Microscopy Researchers rely on the best technology: microscope systems from Carl Zeiss support them in Changes in the provisions for pensions and gaining new insights in biology, medicine, pharmacy and chemistry. Microscopes can be used other non-current provisions 1) 20 1 7 - 16 - by industry to analyze materials and test their quality. Carl Zeiss also offers microscopes for Adjustment for non-cash and students, which enable young people to become familiar with the fascination of microscopy. unusual cash-relevant expenses and income of a material nature 64 2 21 1 18 1 Industrial Measuring solutions from Carl Zeiss help make airplanes safer, cars faster, small plastic parts Cash flows before income taxes 2) 496 18 549 21 410 17 Metrology more resilient and wind turbines more efficient. Measuring machines and software from Carl Zeiss ensure maximum standards of quality wherever high precision is a must. Without Cash flows from operating activities 266 386 265 measuring technology, the development, large-scale production and quality assurance of many Cash flows from investing activities -212 -545 -304 everyday products would be inconceivable. Cash flows from financing activities -46 140 -62 Consumer Carl Zeiss brings the night sky to planetariums and breathtakingly crisp images to the silver Optics/ screen. Binoculars deliver perfect details for nature observation and optoelectronic solutions Total assets 3,591 100 3,433 100 3,017 100 Optronics from Carl Zeiss ensure more security. Millions of people around the world value the quality and Property, plant and equipment 555 15 528 15 551 18 Published by precision of optics from Carl Zeiss in digital cameras, camcorders and camera phones. Capital expenditure 118 107 118 Carl Zeiss AG Depreciation 99 114 99 Corporate Communications Inventories 829 23 718 21 635 21 Carl-Zeiss-Strasse 22 Equity 1,197 33 1,041 30 660 22 73446 Oberkochen Carl Zeiss Vision Carl Zeiss Vision is the world number two in the eyeglass market. Around the globe, two Net liquid assets 3) 615 612 275 Germany (Joint Venture) people per second decide to purchase eyeglass lenses from Carl Zeiss Vision. The company offers eye care professionals instruments to optimize the fitting of glasses.Carl Zeiss Vision is a Phone: +49 (0) 7364 20-0 joint venture of Carl Zeiss AG and Private Equity Fund EQT III.