Key figures 
(Amounts x €1,000)
2010 2009
Result  
Net sales 2,286,261 2,258,021
Operating profit before depreciation and amortisation (EBITDA) 145,519 148,763
Operating profit (EBIT) 90,928 98,183
Profit for the year 70,196 74,310
Net cash flow from operating activities 106,858 123,324
Proposed dividend1) 30,874 44,255
   
Equity and liabilities  
Shareholders’ equity 500,073 482,323
Net interest-bearing debt2) 156,106 131,449
Total equity and liabilities 937,310 852,196
   
Employees  
Year average (full-time equivalents) 5,513 5,552
Salaries and social security charges 203,280 197,072
   
Ratios  
Increase in sales on previous year (%) 1.3 4.2
Increase in net profit on previous year (%) (5.5) 4.2
As a percentage of sales:  
Gross margin 23.1 23.3
Gross operating profit 6.4 6.6
Operating profit 4.0 4.3
Profit for the year 3.1 3.3
Return as % of average shareholders’ equity 14.3 16.4
Operating profit as % of average net capital employed 14.8 16.3
Shareholders’ equity as % of total equity and liabilities 53.3 56.6
 
Figures per €0.06 share  
Number of shares in issue (year-end x 1,000)1) 44,106 44,255
 
(Amounts x €1)  
 
Shareholders’ equity 11.34 10.90
Profit after tax 1.59 1.68
Cash flow 2.83 2.82
Proposed dividend3) 0.70 1.00
Year-end share price 23.20 24.02

1) Less shares repurchased and dividend on these shares.

2) Less cash and fair value of derivatives.

3) Anniversary dividend 2009.