Five-year comparative summary
Net sales (excluding intersegment sales)
US Foodservice
Operating income
Other financial information
Number of employees
(in EUR millions, except where noted otherwise)
2002
2001
2000
1999
1998
US Retail
27,836
25,918
22,769
18,390
14,503
18,508
13,556
6,649
Europe
13,690
13,021
10,155
9,083
8,219
Latin America
2,143
1,274
810
Asia
458
400
402
476
410
Other activities
48
44
48
37
33
Total
62,683
54,213
40,833
27,986
23,165
US Retail
1,551
1,442
1,113
916
594
US Foodservice
314
128
110
Europe
304
380
320
288
202
Latin America
(6)
56
51
(2)
(4)
Asia
(31)
(20)
(30)
(41)
(47)
Other activities
13
77
76
20
38
Operating income (loss) before impairment and
amortization of Goodwill and Exceptional loss
2,145
2,063
1,640
1,181
783
Exceptional items
(372)
Goodwill impairment and amortization
(1,534)
(152)
(5)
Operating income
239
1,911
1,635
1,181
783
Net interest expense
(944)
(812)
(600)
(233)
(181)
Other financial gains and losses
(64)
105
32
22
3
Income taxes
(390)
(270)
(235)
(264)
(164)
Income from unconsolidated subsidiaries
(38)
(192)
78
32
55
Minority interest
(11)
8
10
13
Net earnings
(1,208)
750
920
738
509
Net earnings*
795
1,086
924
738
509
Depreciation tangible fixed assets
(1,286)
(1,137)
(907)
(710)
(577)
Depreciation, amortization and impairments
(3,142)
(1,411)
(957)
(726)
(591)
EBITDA**
3,753
3,322
2,592
1,927
1,395
Operational cash flow
2,486
1,961
2,063
N/A
N/A
Investment in tangible fixed assets
2,321
2,737
2,056
1,445
1,186
Total assets
24,738
28,626
21,534
11,652
9,374
Group equity
2,665
5,544
2,422
2,412
1,789
Group equity percentage
10.8%
19.4%
7.7%
20.7%
19.1%
Net interest bearing debt
11,594
11,345
9,859
3,691
3,013
Average net interest bearing debt EBITDA**
3,18
3,01
3,21
1,72
1,29
Interest coverage ratio
2.27
2.54
2.73
5.13
4.44
Number of employees at year-end in FTE 278,486 247,963 223,194 155,010 150,406
Excluding the net earnings impact of exceptional items, goodwill amortization and impairment.
Excluding exceptional items before depreciation, amortization and impairment.
206
