Income Statement | | | | | | | | | | | | | |
| | | | | | | | | | | | Original | |
EUR | Fiscal Year Ending | | Latest | |
(in millions) | Dec-15 | Dec-16 | Dec-17 | Dec-18 | Dec-19 | Dec-20 | Jan-22 | Dec-22 | Dec-23 | Dec-24 | | Dec-24 | |
| FY - 9 | FY - 8 | FY - 7 | FY - 6 | FY - 5 | FY - 4 | FY - 3 | FY - 2 | FY - 1 | FY | | LTM | |
| | | | | | | | | | | | | |
Net Revenue | 13,930 | 14,369 | 15,334 | 15,639 | 16,546 | 16,973 | 17,675 | 15,984 | 16,242 | 16,460 | | 16,460 | |
% Growth | NA | 3.2% | 6.7% | 2.0% | 5.8% | 2.6% | 4.1% | -9.6% | 1.6% | 1.3% | | | |
| | | | | | | | | | | | | |
Research and Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Selling and Marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
General and Admin | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Other Exp / (Inc) | (12,935) | (13,458) | (14,883) | (15,026) | (15,867) | (16,524) | (16,901) | (17,537) | (14,872) | (16,163) | | (16,163) | |
Total Operating Exp | (12,935) | (13,458) | (14,883) | (15,026) | (15,867) | (16,524) | (16,901) | (17,537) | (14,872) | (16,163) | | (16,163) | |
| | | | | | | | | | | | | |
Operating Income | 995 | 911 | 451 | 613 | 679 | 449 | 774 | (1,553) | 1,370 | 297 | | 297 | |
% Revenue | 7.1% | 6.3% | 2.9% | 3.9% | 4.1% | 2.6% | 4.4% | -9.7% | 8.4% | 1.8% | | 1.8% | |
| | | | | | | | | | | | | |
Interest Expense | (126) | (139) | (110) | (116) | (110) | (113) | (111) | (114) | (116) | (120) | | (120) | |
Pre-tax Income | 869 | 772 | 341 | 497 | 569 | 336 | 663 | (1,667) | 1,254 | 177 | | 177 | |
Earnings of Discontinued Ops. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Provision for Taxes | (227) | (166) | (56) | (175) | (147) | (106) | (207) | 283 | (444) | (173) | | (173) | |
Net Income to Company | 642 | 606 | 285 | 322 | 422 | 230 | 456 | (1,384) | 810 | 4 | | 4 | |
% Margin | 4.6% | 4.2% | 1.9% | 2.1% | 2.6% | 1.4% | 2.6% | -8.7% | 5.0% | 0.0% | | 0.0% | |
| | | | | | | | | | | | | |
Minority Interest in Earnings | | (3) | 1 | | | 4 | | 1 | 2 | | | | |
Net Income to Stockholders | 642 | 603 | 286 | 322 | 422 | 234 | 456 | (1,383) | 812 | 4 | | 4 | |
| | | | | | | | | | | | | |
Preferred Dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Other Adj. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
| | | | | | | | | | | | | |
Net Income to Common | 642 | 603 | 286 | 322 | 422 | 234 | 456 | (1,383) | 812 | 4 | | 4 | |
% Margin | 4.6% | 4.2% | 1.9% | 2.1% | 2.6% | 1.4% | 2.6% | -8.7% | 5.0% | 0.0% | | 0.0% | |
| | | | | | | | | | | | | |
As Reported | | | | | | | | | | | | | |
Basic EPS (Continuing Ops) | 3.46 | 3.26 | 1.53 | 1.72 | 2.27 | 1.26 | 2.46 | (7.76) | 4.54 | 0.02 | | 0.02 | |
Diluted EPS (Continuing Ops) | 3.38 | 3.20 | 1.51 | 1.70 | 2.25 | 1.25 | 2.45 | (7.76) | 4.45 | 0.02 | | 0.02 | |
| | | | | | | | | | | | | |
WA Basic Shares Out. | 186 | 185 | 187 | 187 | 186 | 186 | 185 | 178 | 179 | 179 | | 179 | |
WA Diluted Shares Out. | 190 | 188 | 190 | 190 | 188 | 188 | 186 | 178 | 183 | 182 | | 182 | |
| | | | | | | | | | | | | |
Unusual Items Reconciliation | | | | | | | | | | | | | |
Addback: Other Non Operating Expenses, Total | 49 | 41 | 77 | 64 | 37 | 45 | 21 | (15) | (16) | 23 | | 23 | |
Addback: Restructuring Charges | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Addback: Merger / Acquisition Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Addback: Goodwill Impairment | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Addback: Gain (Loss) On Sale Of Invest. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Addback: Gain (Loss) On Sale Of Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Addback: Asset Writedown | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (12) | (2) | | (2) | |
Addback: In Process R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Addback: Insurance Settlements | 0 | 0 | 0 | (23) | (12) | (8) | 0 | 0 | 0 | 0 | | 0 | |
Addback: Legal Settlements | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Addback: Other Unusual Items | 0 | 0 | 0 | (26) | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | |
Total Unusual Items | 49 | 41 | 77 | 15 | 25 | 37 | 21 | (15) | (28) | 21 | | 21 | |
% Margin | 0.4% | 0.3% | 0.5% | 0.1% | 0.2% | 0.2% | 0.1% | -0.1% | -0.2% | 0.1% | | 0.1% | |
| | | | | | | | | | | | | |
Adjusted Net Income Reconciliation | | | | | | | | | | | | | |
Net Income to Company | 642 | 606 | 285 | 322 | 422 | 230 | 456 | (1,384) | 810 | 4 | | 4 | |
Addback: Unusual Items | 0 | 0 | 0 | (49) | (12) | (8) | 0 | 0 | (12) | (2) | | (2) | |
Less: Tax Benefit of Unusual Items (26%) | 0 | 0 | 0 | 13 | 3 | 2 | 0 | 0 | 3 | 1 | | 1 | |
Adjusted Net Income | 642 | 606 | 285 | 286 | 413 | 224 | 456 | (1,384) | 801 | 3 | | 3 | |
% Margin | 4.6% | 4.2% | 1.9% | 1.8% | 2.5% | 1.3% | 2.6% | -8.7% | 4.9% | 0.0% | | 0.0% | |