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Key financial data

Half-Year Financial Report 2022

Sales and earnings

    Q2 H1
    2022 2021 +/– 2022 2021 +/–
Sales million € 22,974 19,753 16.3% 46,058 39,153 17.6%
Income from operations before depreciation, amortization and special items million € 3,293 3,217 2.4% 7,036 6,398 10.0%
Income from operations before depreciation and amortization (EBITDA) million € 3,396 3,199 6.2% 7,105 6,375 11.4%
EBITDA margin % 14.8 16.2 15.4 16.3
Depreciation and amortizationa million € 1,046 883 18.4% 1,970 1,748 12.7%
Income from operations (EBIT) million € 2,350 2,316 1.5% 5,135 4,627 11.0%
Special items million € 11 –39 . –22 –49 54.2%
EBIT before special items million € 2,339 2,355 –0.7% 5,157 4,676 10.3%
Income before income taxes million € 2,658 2,189 21.4% 4,536 4,436 2.3%
Income after taxes million € 2,179 1,794 21.5% 3,500 3,604 –2.9%
Net income million € 2,090 1,654 26.3% 3,311 3,372 –1.8%
Earnings per shareb million € 2.31 1.80 28.3% 3.65 3.67 –0.5%
Adjusted earnings per shareb 2.37 2.03 16.7% 5.07 4.03 25.8%
               
Research and development expenses million € 567 545 3.9% 1,136 1,056 7.6%
Personnel expenses million € 2,964 2,924 1.4% 6,031 5,871 2.7%
Employees (June 30)   110,725 107,646 2.9% 110,725 107,646 2.9%
               
Assets (June 30) million € 96,972 82,938 16.9% 96,972 82,938 16.9%
Investments including acquisitionsc million € 970 831 16.7% 1,711 1,376   24.3%
               
Equity ratio (June 30) % 47.8 45.9 47.8 45.9
Net debt (June 30) million € 19,546 16,241   20.4% 19,546 16,241 20.4%
Cash flows from operating activities million € 1,228 2,537 –51.6% 938 2,012 –53.4%
Free cash flow million € 336 1,770 –81.0% –557 789 .

a Depreciation and amortization of property, plant and equipment and intangible assets (including impairments and reversals of impairments)

b Due to the current share buyback program, the weighted average number of outstanding shares was 903,147,947 in the second quarter of 2022 and 907,989,633 in the first half of 2022.

c Additions to property, plant and equipment and intangible assets

Last Update July 27, 2022