2016

2017

2018

2019

2020

Results, in millions of euro

Net sales

18,630

19,871

20,068

19,172

16,713

Income from operations

695

503

613

305

602

Income

687

1,252

502

428

469

Amortisation and depreciation

660

770

766

680

663

Income taxes

138

219

168

100

138

Dividend

287

289

289

251

233

Cash flows, in millions of euro

Changes in working capital

74

( 312)

( 276)

( 88)

345

Operational cash flow

1,630

1,864

806

927

1,063

Investment cash flow

( 1,207)

( 1,107)

( 1,089)

( 619)

( 704)

Financing cash flow

( 366)

( 285)

( 141)

( 485)

( 121)

Financial position, in millions of euro

Shareholders’ equity

5,478

6,208

6,175

6,381

6,331

Equity of the Group

5,637

6,378

6,279

6,489

6,412

Total assets

13,055

13,756

13,211

13,078

12,552

Ratio information

Income as a percentage of shareholders’ equity

13%

20%

8%

7%

7%

Equity of the Group as a percentage of total assets

43%

46%

48%

50%

51%

Current assets in relation to short-term liabilities

1.29

1.45

1.33

1.32

1.39

Employees, at December 31

Nominal number

60,300

60,100

59,000

57,500

51,600

Amounts per share

Income

94.46

172.15

69.08

58.86

64.52

Dividend

39.50

39.75

39.75

34.50

32.00

The figures for the years 2016 - 2019 have been restated.