Annual Report 2013

Economic report

Net income
in million euros
2009
628
2010
1,143
2011
1,191
2012
1,5261
2013
1,625
1 Adjusted in application of IAS 19 revised.

Net income and earnings per share (EPS)

Income before tax increased by 154 million euros to 2,172 million euros. Taxes on income amounted to 547 million euros. The tax rate of 25.2 percent was higher than the previous year (24.4 percent). The adjusted tax rate increased slightly by 0.3 percentage points to 25.1 percent. Net income increased by 6.5 percent, from 1,526 million euros1 to 1,625 million euros. After deducting 36 million euros attributable to non-controlling interestsnon-controlling interests
Proportion of equity attributable to third parties in subsidiaries included within the scope of consolidation. Previously termed “minority interests.” Valued on a proportional net asset basis. A pro-rata portion of the net earnings of a corporation is due to shareholders owning non-controlling interests.
, net income attributable to shareholders of Henkel AG & Co. KGaAKGaA
Abbreviation for “Kommanditgesellschaft auf Aktien.” A KGaA is a company with a legal identity (legal entity) in which at least one partner has unlimited liability with respect to the company’s creditors (personally liable partner), while the liability for such debts of the other partners participating in the share-based capital stock is limited to their share capital (limited shareholders).
amounted to 1,589 million euros (+7.4 percent). Adjusted net income after deducting noncontrolling interests was 1,764 million euros compared to 1,573 million euros1 in fiscal 2012. A summary of the annual financial statements of the parent company of the Henkel Group – Henkel AG & Co. KGaAKGaA
Abbreviation for “Kommanditgesellschaft auf Aktien.” A KGaA is a company with a legal identity (legal entity) in which at least one partner has unlimited liability with respect to the company’s creditors (personally liable partner), while the liability for such debts of the other partners participating in the share-based capital stock is limited to their share capital (limited shareholders).
– can be found here.

Earnings per preferred share (EPS) rose from 3.42 euros1 to 3.67 euros. Earnings per ordinary share increased from 3.40 euros1 to 3.65 euros. Adjusted earnings per preferred share amounted to 4.07 euros (previous year: 3.63 euros1).

1

Prior-year figures adjusted in application of IAS 19 revised (see notes here).