Annual report 2016

Annual report 2016Group overview Parent company DEIF A/S Skive, Denmark Consolidated subsidiaries DEIF do Brasil Comercio de Controles e Equipamentos Ltda. (100%) Campinas, Brazil DEIF Electrical (Shanghai) Co., Ltd. (100%) Shanghai, China WPT China Holding A/S (55.22%) Skive, Denmark └│─► DEIF WPT Shanghai Co. Ltd (100%) Shanghai, China DEIF MEDiterranea (100%) Sophia-Antipolis, France DEIF GmbH (100%) Bensheim, Germany DEIF India Pvt. Ltd. (100%) Mumbai, India DEIF Korea co., Ltd (100%) Busan, Korea Danish Power & Marine, S.A. de C.V. (100%) Mexico City, México DEIF Norge AS (100%) Tønsberg, Norway DEIF Asia Pacific Pte Ltd (100%) Singapore, Singapore DEIF Middle East FZE (100%) Dubai, UAE DEIF (UK) Limited (100%) Manchester, England DEIF, Inc. (100%) Wood Dale, Illinois, USA 2 Consolidated financial highlights & KPIs in DKK Viewed over a 5 year period, the Group’s development can be described with the following KPIs: Highlights 2016 (DKK 1,000) 2015 (DKK 1,000) 2014 (DKK 1,000) 2013 (DKK 1,000) 2012 (DKK 1,000) Profit/Loss Net turnover Gross profit/loss Earnings before interest, taxes, depreciation and amortisation (EBITDA) Earnings before interest, taxes (EBIT) Profit/loss before tax Annual profit/loss Balance sheet Balance sheet total Equity Cash flows Operating activities Investment activities Of this, tangible and intangible fixed assets Financing activities Annual change in cash Number of employees Denmark Foreign subsidiaries 609,817 328,426 55,149 24,558 12,176 6,772 497,949 188,434 56,456 -68,509 -67,837 19,202 7,149 397 241 617,443 362,523 71,827 41,882 24,519 13,667 467,818 174,853 2,334 -34,959 -34,868 31,844 -781 409 211 618,142 366,162 94,068 56,714 52,106 38,574 410,503 129,161 42,903 -19,958 -20,399 -11,033 11,912 371 182 497,842 291,561 51,021 12,665 3,781 1,942 364,228 90,221 51,833 -17,846 -17,881 -7,955 26,032 371 169 490,941 275,842 45,343 9,021 -3,437 -2,347 390,781 86,871 20,126 -45,912 -45,527 -4,267 -30,053 359 140 Total 638 620 553 540 KPIs Growth Gross margin EBITDA – margin Profit margin (EBIT) Return on capital employed Solvency ratio Return on equity -1.2% 53.9% 9.0% 4.0% 4.9% 37.8% 3.7% -0.1% 58.7% 11.6% 6.8% 9.0% 37.4% 9.0% 24.2% 59.2% 15.2% 9.2% 13.8% 31.5% 35.2% 1.4% 58.6% 10.2% 2.5% 3.5% 24.8% 2.2% The KPIs have been prepared in accordance with the recommendations and guidelines of The Danish Society of Financial Analysts. We refer to the definitions in the section on accounting policy. 499 8.9% 56.2% 9.2% 1.8% 2.3% 22.2% -2.7% 3Page 1Page 3