Annual Report 2017/18 of the ZEISS Group
Annual Report 2017/18 ZEISS Group Financial Highlights (IFRSs) 2017/18 2016/17 2015/16 € m % € m % € m % Revenue 5,817 100 5,348 100 4,881 100 » Germany 610 10 621 12 612 13 » Other countries 5,207 90 4,727 88 4,269 87 Research and development expenses 642 11 552 10 436 9 EBIT 772 13 770 14 615 13 Consolidated profit/loss 535 9 561 10 404 8 Cash flows from operating activities 576 445 425 Cash flows from investing activities -334 -642 -357 Cash flows from financing activities -89 258 -207 Total assets 7,903 100 7,317 100 5,658 100 Property, plant and equipment 1,028 13 973 13 979 17 » Capital expenditures 244 183 154 » Amortization, depreciation and impairment 164 160 155 Inventories 1,391 18 1,275 17 1,118 20 Equity 3,763 48 3,429 47 1,416 25 Net liquidity 2,120 1,986 568 Employees as of 30 September 29,309 26,945 25,433 » Germany 12,067 11,339 10,770 » Other countries 17,242 15,606 14,663 Further information at: www.zeiss.com/annualreport Content Fiscal Year 2017/18 Foreword from the Executive Board 4 Expert Interview 6 Fiscal Year Highlights 10 Represented Worldwide 12 Future-Shaping Segments 13 Responsible Behavior 14 Ownership Structure 15 Report of the Supervisory Board 16 Supervisory Board of Carl Zeiss AG 18 Corporate Governance 18 Group Management Report The ZEISS Group 20 Report on Economic Position 22 Non-Financial Key Performance Indicators 31 Risk and Opportunity Report 34 Subsequent Events 38 Report on Expected Developments 39 Consolidated Financial Statements Consolidated Income Statement 42 Consolidated Statement of Comprehensive
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