Investor Relations

 

(Euro million)	2003 (Italian GAAP)	2004 (IFRS)	2005 (IFRS)	2006 (IFRS)	2007 (IFRS)	(%) '07/'06
Value of production	8,646	9,158	11,469	--	--	--
Revenues	--	--	10,952	12,472	13,429	8%
EBITA Adjusted*	549	--	--	942	1,045	11%
EBIT	467	465	735	908	1,084	19%
Research & Development	1,251	1,381	1,742	1,783	1,836	3%
Net attributable Group profit	189	585	396	1,021	521	(49%)
EPS (euro cents)	240	133	88	230	114	(50%)
Dividend per share (Euro cents)	1.0	1.3	50**	35	41***	17%
Shareholders' equity	3,302	3,649	4,598	5,320	5,432	1%
Net debt	256	701	1,100	858	1,158	35%
Cash-flow from operating activities	496	470	955	1,318	1,399	6%
Investment in non-current assets	346	405	385	779	1,054	35%
ROI (%)	20.2	15.5	17.5	17.7	18.9	1.2pp
Debt to equity	8%	19%	24%	16%	21%	5pp
Orders	9,136	10,543	15,383	15,725	17,916	14%
Backlog end of period	22,276	24,315	31,114	35,810	39,304	10%
Employees (#) end of period	46,861	49,336	56,603	58,059	60,748	5%

 *Operating result before:
· any impairment in goodwill;
· amortisations of intangibles acquired under business combination;
· reorganization costs that are a part of significant, defined plans;
· other exceptional costs or income, i.e. connected to particularly
significant events that are not related to the ordinary performance of
the business.
 
** Includes 19 Euro cents of extraordinary dividend.
 
*** Dividend proposed by the Board of Directors to the AGM.
 
NOTE: The 18 July 2005 a reverse split of ordinary shares has taken place, in the ratio of one new share with a nominal value of EUR 4.40 for every twenty shares with a face value of EUR 0.22. The EPS for the years 2004-2006, refer to the number of shares following their regrouping.