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Der Linde Finanzbericht 2008. Linde in Zahlen

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Der Linde Finanzbericht 2008. Linde in Zahlen Kurs halten. Der Linde Finanzbericht 2008. Linde in Zahlen Januar bis Dezember Veränderung in Mio. € 2008 2007 in Prozent Aktie Schlusskurs € 59,85 90,45 – 33,8 Höchstkurs € 97,90 91,75 6,7 Tiefstkurs € 46,51 75,26 – 38,2 Marktkapitalisierung (zum Jahresschlusskurs) 10.084 15.046 – 33,0 Angepasstes Ergebnis je Aktie 1 € 5,46 5,02 8,8 Ergebnis je Aktie € 4,27 5,87 – 27,2 Anzahl ausstehender Aktien (in Tsd. Stück) 168.492 166.347 1,3 Umsatz 12.663 12.306 2,9 Operatives Ergebnis 2 2.555 2.424 5,4 EBIT vor Abschreibung auf aufgedeckte stille Reserven und Sondereinflüsse 1.703 1.591 7,0 Ergebnis nach Steuern 776 1.013 – 23,4 Anzahl der Mitarbeiter 51.908 50.485 2,8 Gases Division Umsatz 9.515 9.209 3,3 Operatives Ergebnis 2.417 2.314 4,5 Engineering Division Umsatz 3.016 2.750 9,7 Operatives Ergebnis 267 240 11,3 1 Bereinigt um die Einflüsse der Kaufpreisallokation und Sondereinflüsse. 2 EBITDA vor Sondereinflüssen inklusive des anteiligen Ergebnisses aus assoziierten Unternehmen und Joint Ventures. Unternehmensprofil The Linde Group Gases Division The Linde Group ist ein weltweit führendes Gase- und Engineering- Die Linde Group nimmt im internationalen Gasemarkt eine weltweit unternehmen, das mit annähernd 52.000 Mitarbeitern in rund 100 führende Position ein. Wir bieten eine breite Palette an Druck- und Ländern vertreten ist und im Geschäftsjahr 2008 einen Umsatz von Flüssiggasen sowie Chemikalien und sind damit ein wichtiger und 12,663 Mrd. EUR erzielt hat. Die Strategie der Linde Group ist auf verlässlicher Partner für unterschiedlichste Industrien. Unsere Gase ertragsorientiertes und nachhaltiges Wachstum ausgerichtet. Der werden beispielsweise im Energiesektor, in der Stahlproduktion, der gezielte Ausbau des internationalen Geschäfts mit zukunftswei- Chemieverarbeitung, dem Umweltschutz, dem Schweißen sowie in senden Produkten und Dienstleistungen steht dabei im Mittelpunkt. der Lebensmittelverarbeitung, der Glasproduktion und der Elektronik Linde handelt verantwortlich gegenüber Aktionären, Geschäftspart- eingesetzt. Darüber hinaus bauen wir die wachstumsstarke Sparte nern, Mitarbeitern, der Gesellschaft und der Umwelt – weltweit, in Healthcare, also das Geschäft mit medizinischen Gasen, konsequent jedem Geschäftsbereich, jeder Region und an jedem Standort. Linde aus und sind zudem in der Weiterentwicklung der umweltfreund- entwickelt Technologien und Produkte, die Kundennutzen mit einem lichen Wasserstoff-Technologie weltweit führend. Beitrag zur nachhaltigen Entwicklung verbinden. Engineering Division Organisation Unsere Engineering Division ist mit der Fokussierung auf die zukunfts- Das Unternehmen ist in drei Divisionen aufgeteilt: Gases und Engi- trächtigen Marktbereiche Olefin-Anlagen, Erdgas-Anlagen, Luftzerle- neering (Kerndivisionen) sowie Gist (Logistikdienstleistungen). Die gungs-Anlagen sowie Wasserstoff- und Synthesegas-Anlagen welt- größte Division Gases gliedert sich innerhalb der vier operativen weit erfolgreich. Im Unterschied zu fast allen Wettbewerbern können Segmente Westeuropa, Amerika, Asien & Osteuropa sowie Südpazi- wir bei der Planung, der Projektierung und dem Bau von schlüssel- fik & Afrika in neun Regional Business Units (RBUs). Darüber hinaus fertigen Industrie-Anlagen auf eigenes, umfassendes verfahrenstech- umfasst die Gases Division die beiden Global Business Units (GBUs) nisches Know-how zurückgreifen. Linde Anlagen werden für Projekte Healthcare (Medizinische Gase) und Tonnage (On-site) sowie die in den verschiedensten Bereichen eingesetzt: in der Petrochemie zwei Business Areas (BAs) Merchant & Packaged Gases (Flüssig- und und der chemischen Industrie, bei Raffinerien und Düngemittelfa- Flaschengase) und Electronics (Elektronikgase). briken, für die Gewinnung von Luftgasen, zur Erzeugung von Wasser- stoff und Synthesegasen, zur Erdgasbehandlung sowie für die phar- mazeutische Industrie. Kurs halten. Der Linde Finanzbericht 2008. Umschlag Innenseite: Linde in Zahlen und Unternehmensprofil. 002 Linde Finanzbericht 2008 inhalt Inhalt U 1 Linde in Zahlen D er V U 1 Unternehmensprofil orstand D er 004 – 007 034 – 093 A Der Vorstand Konzernlagebericht ufsichtsrat 004 Mitglieder des Vorstands 035 Gesamtwirtschaftliche Rahmenbedingungen 006 Brief an die Aktionäre 037 Branchenspezifische Rahmenbedingungen 039 Wertorientierte und operative Unternehmens- C orporate steuerung G 041 Geschäftsverlauf des Linde Konzerns overnance 008 – 015 043 Gases Division Der Aufsichtsrat 050 Engineering Division 057 Sonstige Aktivitäten 008 Mitglieder des Aufsichtsrats 010 Bericht des Aufsichtsrats 058 Vermögens- und Finanzlage D IE 061 Kapitalflussrechnung A ktie 061 Gesamtbewertung Geschäftsjahr 2008 062 Finanzierung und Liquiditätssicherung 064 Investitionen 016 – 029 065 Beschaffung K onzernlagebericht Corporate Governance 066 Forschung und Entwicklung 070 Corporate Responsibility 017 Corporate Governance Bericht 077 Risikobericht 022 Vergütungsbericht 085 Angaben gem. § 315 Abs. 4 HGB und erläuternder Bericht 088 Nachtragsbericht K 089 Dividende onzernabschluss 030 – 033 090 Prognosebericht Die Aktie K onzernanhang W eitere A ngaben 1 Umschlagseiten, vorne. Linde Finanzbericht 2008 003 inhalt orstand V er D 094 –193 194 – 204 Konzernabschluss Weitere Angaben ufsichtsrat 095 Konzern-Gewinn- und Verlustrechnung 195 Mitgliedschaften in anderen Kontrollgremien A er 096 Konzernbilanz 196 Mandate des Aufsichtsrats D 098 Aufstellung der erfassten Erträge 197 Mandate des Vorstands und Aufwendungen 198 Versicherung der gesetzlichen Vertreter 100 Konzern-Kapitalflussrechnung 102 Segmentinformationen 200 Führungsorganisation overnance 202 Jahresrückblick G orporate Konzernanhang 204 Impressum und Kontakt C 107 Grundsätze U 2 Finanzkalender 121 Erläuterungen zur Konzern-Gewinn- ktie und Verlustrechnung U 2 Fünfjahresübersicht A IE 126 Erläuterungen zur Konzernbilanz D 157 Sonstige Angaben U 2 Glossar 192 Erklärung des Vorstands 193 Bestätigung des Abschlussprüfers onzernlagebericht K onzernabschluss K onzernanhang K ngaben A eitere W 2 Umschlagseiten, hinten. 004 Linde Finanzbericht 2008 DER vorstand – Die Vorstandsmitglieder Der Vorstand Professor Dr. Wolfgang Reitzle J. Kent Masters DER VORST geboren 1949 geboren 1960 Doktor der Ingenieurwissenschaften (Dr.-Ing.), BS Chemical Engineering, Diplom-Wirtschaftsingenieur MBA Finance A N D Vorsitzender des Vorstands Verantwortlich für die operativen Segmente Amerika und Verantwortlich für Gist, die Global- und Zentralfunktionen Südpazifik & Afrika, die Global Business Unit Healthcare Innovationsmanagement, Kommunikation & Investor Relations, sowie die Business Area Merchant & Packaged Gases D Organisation & Informatik, Personal, Recht, Revision, SHEQ (Flüssig- und Flaschengase) er A (Safety, Health, Environment, Quality), Six Sigma, Mitglied des Vorstands seit 2006 ufsichtsrat Unternehmensentwicklung Mitglied des Vorstands seit 2002 Georg Denoke geboren 1965 Dr. Aldo Belloni Diplom-Informationswissenschaftler, C orporate geboren 1950 Diplom-Betriebswirt (BA) Doktor der Ingenieurwissenschaften (Dr.-Ing.) Verantwortlich für die Global- und Zentralfunktionen G Verantwortlich für die Engineering Division, die operativen Beschaffung, Bilanzen, Controlling, Finanzen, Investitionen, overnance Segmente Westeuropa und Asien & Osteuropa, die Global Mergers & Acquisitions, Growth & Performance, Business Unit Tonnage (On-site) sowie die Business Area Risikomanagement, Steuern Electronics (Elektronikgase) Arbeitsdirektor Mitglied des Vorstands seit 2000 Mitglied des Vorstands seit 2006 D IE A ktie K onzernlagebericht K onzernabschluss K onzernanhang W eitere A ngaben Von links nach rechts: Georg Denoke, Prof. Dr.-Ing. Wolfgang Reitzle, J. Kent Masters, Dr.-Ing. Aldo Belloni. 006 Linde Finanzbericht 2008 der vorstand – Brief an die Aktionäre Brief an die Aktionäre DER VORST A N D das Jahr 2008 stand im Zeichen der beginnenden Finanz- und Wirtschaftskrise. Auch unser Unternehmen hat die Auswirkungen der weltweiten Rezession zu spüren bekommen. Gegen Ende des Jahres hatten wir in eini- D gen Regionen einen deutlichen Nachfragerückgang zu verzeichnen. Dennoch konnten wir unsere Ziele für er A das gesamte Geschäftsjahr 2008 in vollem Umfang erreichen. Wir haben den Konzernumsatz währungsbe- ufsichtsrat reinigt um 8,4 Prozent auf 12,663 Mrd. EUR gesteigert und das operative Konzernergebnis – ebenfalls wäh- rungsbereinigt – um 10,3 Prozent auf 2,555 Mrd. EUR verbessert. Wir sind also weiter gewachsen und haben, wie angekündigt, unsere Ertragskraft überproportional zum Umsatz gestärkt. Auch bei den anderen wichtigen Konzernkennzahlen hat Linde deutliche Steigerungsraten erzielt. Der ROCE hat sich auf 12,4 Prozent (Vj. 10,3 C orporate Prozent) erhöht, und beim um Sondereffekte bereinigten Ergebnis je Aktie war ein Plus von fast 9 Prozent auf 5,46 EUR (Vj. 5,02 EUR) zu verbuchen. G overnance Diese sehr solide Geschäftsentwicklung in einem Jahr, das vor allem gegen Ende von einem zunehmend schwierigen Umfeld geprägt war, bestätigt: Unser umfassender Konzernumbau zahlt sich aus. Wir haben die BOC-Integration zügig vollzogen und sind durch die Konzentration auf das weltweite Gase- und Anlagen-Bau- geschäft weniger abhängig von Konjunkturzyklen als in unserer früheren Aufstellung. D IE Diese Kontinuität spiegelt sich auch, wie es bei Linde bewährte Tradition ist, in unserer ertragsorientierten A ktie Dividendenpolitik. Vorstand und Aufsichtsrat werden der Hauptversammlung am 15. Mai 2009 vorschlagen, eine Dividende von 1,80 EUR je Stückaktie auszuschütten. Im Vergleich zum Vorjahr (1,70 EUR) entspricht
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