The HOCHTIEF Group
| (EUR million) | H1 2009 |
H1 2008 |
Percentage change | Q2 2009 |
Q2 2008 |
Full year 2008 |
|---|---|---|---|---|---|---|
| New orders | 10,100.6 | 12,329.2 | -18.1 | 5,724.5 | 7,062.9 | 25,283.6 |
| Work done | 10,208.2 | 10,215.1 | -0.1 | 5,448.6 | 5,285.8 | 21,643.3 |
| Order backlog | 33,108.9 | 31,905.8 | 3.8 | 33,108.9 | 31,905.8 | 30,922.0 |
| Divisional sales | 9,244.3 | 9,162.9 | 0.9 | 4,790.2 | 5,321.5 | 19,358.7 |
| External sales* | 9,129.1 | 9,061.9 | 0.7 | 4,726.9 | 5,260.9 | 19,103.0 |
| Operating earnings (EBITA)* | 348.7 | 356.2 | -2.1 | 206.7 | 224.3 | 676.1 |
| Profit before taxes* | 259.3 | 292.2 | -11.3 | 160.7 | 188.9 | 520.1 |
| Consolidated net profit* | 68.1 | 79.0 | -13.9 | 43.9 | 47.0 | 175.1 |
| Earnings per share (EUR) | 1.02 | 1.13 | -9.7 | 0.66 | 0.67 | 2.52 |
| Capital expenditure* | 478.0 | 681.3 | -29.8 | 297.8 | 348.8 | 1,156.0 |
| Net assets | 5,928.8 | 5,332.9 | 11.2 | 5,928.8 | 5,332.9 | 5,754.0 |
| Employees | 66,642 (End H1 2009) | 64,316 (End H1 2008) | 3.6 | 66,642 (End Q2 2009) | 64,316 (End Q2 2008) | 64,527 (2008 average) |
* Note: The percentage changes
are calculated at the level of
precision used in the interim
financial statements (thousands
of euros).
HOCHTIEF Stock
Portfolio value of HOCHTIEF concessions projects
| Status: Financial close (EUR million) | Total capital required | Capital provided by June 30, 2009 | NPV of expected cash flows at June 30, 2009 | NPV of expected cash flows at Dec. 31, 2008 | Difference due to portfolio growth | Difference due to portfolio value growth |
|---|---|---|---|---|---|---|
| Airports | 729.4 | 729.4 | 1,282.8 | 1,245.6 | (38.6) | 75.8 |
| PPP projects | 258.1 | 110.2 | 261.3 | 224.4 | 22.2 | 14.7 |
| Total | 987.5 | 839.6 | 1,544.1 | 1,470.0 | (16.4) | 90.5 |
