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Key Data

Business Results

EUR mn

2010

2011

20121

Sales

1,766.3

2,140.0

2,090.4

EBITDA

330.6

480.3

358.7

EBITDA margin in %

18.7

22.4

17.2

EBIT

231.9

364.0

255.0

EBIT margin in %

13.1

17.0

12.2

EBT

216.9

351.9

246.4

Tax rate in %

18.5

24.0

22.1

Profit for the year
attributable to sharehol-
ders of Lenzing AG

159.1

258.7

186.6

Financing Structure

EUR mn

31/12/
2010

31/12/
2011

31/12/
2012

Cash and cash equivalents

305.6

499.6

528.8

Inventories

222.8

284.6

299.6

Receivables

254.9

312.8

365.3

Liabilities

591.8

639.5

604.4

Net financial debt3

307.2

153.3

346.3

Net debt2 3

388.5

239.3

445.5

Retained earnings

613.6

828.2

941.7

Net Gearing in %3

40.5

14.6

30.0

Capital Expenditure

(Property, plant and equipment)

EUR mn

2010

2011

2012

Capital expenditure

 

 

 

  Lenzing AG

53.6

59.8

128.4

  Group total

230.0

196.3

346.2

Group depreciation
and
amortization

(without restructuring)

102.5

120.6

107.3

Cash Flow

EUR mn

2010

2011

2012

Gross cash flow7

282.3

435.3

248.0

Operating cash flow

294.0

309.7

209.4

Cash flow after
investments

64.0

113.4

(136.7)

Cash and cash equivalents

306.6

499.6

528.8

Capital Structure

EUR Mio

31/12/
2010

31/12/
2011

31/12/
2012

Liabilities (w/o post

employment benefits)9

1,123.3

1,206.4

1,380.3

Post employment
benefits

81.3

85.9

99.2

Adjusted equity8

758.8

1,048.1

1,153.1

ROCE in %10

18.4

23.3

15.3

ROE in %10

24.9

29.6

16.4

Stock Exchange

EUR

31/12/
2010

31/12/
2011

31/12/
2012

Common stock in mill.

26.7

27.6

27.6

Market capitalization in mn

2,238.1

1,697.6

1,811.2

Share price as at 31 Dec.

87.0

63.9

68.2

Earnings per share4 5 8

6.19

9.88

6.61

Production

in 1,000 tons

2010

2011

2012

Fibers (total)

653.7

705.1

778.5

Plastics6

35.7

39.3

39.3

1) Earnings situation 2012: all figures before restructuring
2) Including obligations for pension and severance payments
3) As of Decmeber 2012 liquid assets also include liquid bills of exchange. The prior year figure was adjusted.
4) Based on the weighted average number of shares
5) From continuing operations and discontinued operations
6) From continuing operations
7) As of 2012 income tax is now completely included as part of gross cash flow. The prior year figure was adjusted.
8) After restructuring
9) Excluding grants less proportinally deferred taxes
10) Calculation: please see long-term comparison in the rearpart of annual report.

Net Gearing

in %
Net Gearing in %

Sales compared to EBITDA

EUR Mn
Sales compared to EBITDA

Dividend3

in %
Dividend

Sales compared to EBT

EUR Mn
Sales compared to EBT

1) Earnings situation 2012: all figures before restructuring
2) Based on the proposed dividend distribution
3) As of 2012 income tax is now completely included as part of gross cash flow. The prior year figure was adjusted.