拜耳集团Bayer AG (BAYZF) 2003年年度报告「OTC」.pdf

1、Financial Report 2003T A B L EO FC O N T E N T SKey DataChairmans LetterInvestor InformationManagement ReportCorporate GovernanceFinancial StatementsReport of the Supervisory BoardGovernance BodiesTen-Year Financial SummaryDatesGlossaryQuick LinksBayer Annual Report 20031Key Data Quick LinksOverall

2、contentsBayer Group Key DataBayer Group20022003Change millionin%Net sales29,62428,567 3.6EBITDA14,9223,532 28.2Operating result EBIT 1,610(1,203)Income(loss)before income taxes956(1,994)Net income(loss)1,060(1,361)Gross cash flow23,0853,2445.2Net cash flow34,4583,293 26.1Stockholdersequity15,33512,2

3、13 20.4Total assets41,69237,445 10.2Capital expenditures2,3831,739 27.0Employees at year end122,600115,400 5.9Personnel expenses8,1767,990 2.3Research and development expenses2,5772,414 6.3Bayer AG20022003Changein%Total dividend payment million657365 44.4Dividend per share 0.90.5 44.41 EBITDA=operat

4、ing result(EBIT)plus depreciation and amortization2 Gross cash flow=operating result(EBIT)plus depreciation and amortization,less gains on retirementsof noncurrent assets,less income taxes,and adjusted for changes in long-term provisions3 Net cash flow=cash flow from operating activities according t

5、o IAS 7For a download of thistable in excel-formatplease click here.Bayer Annual Report 20032 2Quick LinksBayer CropScienceBayer HealthCare Key Data:SubgroupsKey Data Operating Result EBIT million2002586200320022003Change millionin%Net external sales4,6975,76422.7Operating result EBIT(108)324Gross c

6、ash flow51692479.1Net cash flow1,2121,165 3.9 Capital expenditures29741339.120022003Change millionin%Net external sales9,3728,871 5.3Operating result EBIT586334 43.0Gross cash flow1,0131,002 1.1Net cash flow1,575782 50.3 Capital expenditures476407 14.5Operating Result EBIT million2002(108)2003324334