MAN SE Annual Report 2016
The MAN Group is one of Europe’s leading players in the engine, commercial vehicle, and mechanical engineering industries. As a supplier of trucks, buses, vans, diesel engines, turbomachinery, and special gear units, we hold leading positions in all our markets. II MAN AT A GLANCE 2016 ORDER INTAKE ON A LEVEL WITH THE PREVIOUS YEAR 14.4 € billion [ 2015: €14.4 billion] SALES REVENUE SLIGHTLY BELOW THE PREVIOUS YEAR 13.6 € billion [ 2015: €13.7 billion] SIGNIFICANT IMPROVEMENT IN OPERATING PROFIT 204 € million [ 2015: €92 million] SIGNIFICANT IMPROVEMENT IN OPERATING RETURN ON SALES 1.5 percent [ 2015: 0.7%] BREAK-EVEN NET CASH FLOW 0 € billion [ 2015: €0.5 billion] III Group key figures (IFRSs) Change € million 2016 2015 in % Order intake 14,357 14,381 0 Germany 3,677 3,486 5 Other countries 10,680 10,895 – 2 Sales revenue 13,564 13,702 – 1 Germany 3,273 3,252 1 Other countries 10,290 10,449 – 2 Order backlog 1 5,641 6,037 – 7 Headcount 1 53,824 55,030 – 2 Change Income statement € million Operating profit before special items 2 417 277 140 Special items 2 – 213 – 185 – 28 Operating profit 204 92 112 Operating return on sales (%) 1.5 0.7 0.8 Earnings before tax from continuing operations (EBT) 49 95 – 46 Profit/loss after tax – 7 150 – 156 Balance sheet Total assets 1 19,438 18,110 1,327 Total equity 1 5,850 5,565 285 Equity ratio (%) 1 30.1 30.7 – 0.6 Net financial debt 1 – 1,875 – 1,311 – 564 Cash and cash equivalents 1 796 779 17 Cash flow Net cash provided by operating activities 833 1,162 – 329 Net cash used in investing activities attributable to operating activities – 831 – 667 – 164 Net cash flow 2 495 – 493 Change Shares in € Earnings per share from continuing operations in € – 0.12 1.02 – 1.14 Annual cash compensation payment/guaranteed dividend per share in € 3 3.07 3.07 – 1 As of December 31, 2016, vs.
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