Key figures
Per 17 April 2007 the share has been split in the ratio of 4 new shares for each existing share. The key figures below have been adjusted for this split.
In the second quarter of 2008 we booked a goodwill impairment of our Dutch pharmacies of € 201.4 million, of which € 3.4 million on associates (no impact on operating result). This relates to the preference policy of the insurers, which led to extreme price declines for generic pharmaceuticals and as such fundamentally changed market conditions.
| 2010 | 2009 | 2008 | 2007 | 2006 |
|---|
 Income statement (mn euro) | | | | | |
| Net sales | 2,633.9 | 2,602.7 | 2,730.2 | 2,476.7 | 2,281.0 |
| Operating result from ordinary operations | 108.8 | 97.0 | 102 | 132 | 125 |
| Operating result | 114.5 | 116.1 | - 102.9 | 134.5 | 130.2 |
| Net result | 76.7 | 74.5 | - 127.9 | | |
| Balance Sheet (mn euro) | | | | | |
| Working capital | 185.2 | 151.2 | 180.6 | 152.5 | 146.1 |
| Capital employed | 741.0 | 669.3 | 706.1 | 787.8 | 700.5 |
| Net debt | 177.5 | 175.1 | 282.7 | 184.7 | 143.4 |
| Cash Flow (mn euro) | | | | | |
| Cash flow from operating activities | 82.8 | 104.7 | 91.6 | 110.3 | 119.9 |
| Capital expenditure | 20.6 | 33.0 | 44.6 | 32.2 | 16.9 |
| Acquisitions | 90.4 | 0.5 | 118.4 | 85.0 | 60.5 |
| Ratios and returns | | | | | |
| Operating margin | 4.3 | 4.5 | - 3.8 | | |
| Return on average capital employed | 15.4 | 16.9 | - 13.1 | 18.1 | 19.5 |
| Return on average shareholders' equity | 16.9 | 18.6 | - 27.0 | 17.1 | 21.7 |
| Interest cover | 11.8 | 8.9 | 7.6 | 14.5 | 17.2 |
| Debt cover | 1.1 | 1.3 | 2.3 | 1.1 | 0.9 |
| Per share data | | | | | |
| Net earnings | 1.30 | 1.27 | - 2.19 | 1.59 | 1.71 |
| Dividend | 0.46 | 0.44 | 0.30 | 0.54 | 0.50 |
| Year-end shareprice | 14.00 | 12.89 | 9.29 | 19.00 | 22.25 |
| Personnel | | | | | |
| Employees at year-end | 7,647 | 7,832 | 7,928 | 7,267 | 6,686 |