Key Figures 2007
| Service |
TUI Group in Figures
Turnover by divisions
Earnings by divisions (EBITA)
Breakdown of income tax expenses
Investments in property, plant and equipment by division
Personnel by division
Profit and Loss Statement of the TUI Group for the period from 1 January to 31 December 2007
Balance Sheet of the TUI Group as at 31 December 2007
Cash Flow Statement
Financial liabilities
Financial commitments from operating lease, rental and charter contracts
TUI Group in Figures
| 2003 | 2004 | 2005 | 2006 | 2007 | ||
|---|---|---|---|---|---|---|
| Turnover by the divisions | ||||||
| Tourism | € million | 12,671 | 13,319 | 14,097 | 14,085 | 15,638 |
| Shipping | € million | 2,381 | 2,687 | 3,834 | 6,254 | 6,202 |
| Others | € million | 4,163 | 2,040 | 1,688 | 577 | 26 |
| Group | € million | 19,215 | 18,046 | 19,619 | 20,916 | 21,866 |
| Earnings before interest, tax, depreciation and amortisation (EBITDA) | ||||||
| Tourism | € million | 532 | 678 | 734 | 779 | 684 |
| Shipping | € million | 343 | 392 | 454 | 212 | 621 |
| Others | € million | 847 | 407 | 192 | 193 | 18 |
| Group | € million | 1,722 | 1,477 | 1,380 | 1,184 | 1,323 |
| Earnings before interest, tax and amortisation of goodwill (EBITA) | ||||||
| Tourism | € million | 200 | 345 | 365 | 388 | 210 |
| Shipping | € million | 266 | 300 | 319 | - 106 | 342 |
| Others | € million | 606 | 267 | 166 | - 52 | - 4 |
| Group | € million | 1,072 | 912 | 850 | 230 | 548 |
| Net profit for the year | € million | 315 | 572 | 496 | - 843 | 236 |
| Earnings per share | € | 1.54 | 2.96 | 2.29 | - 3.65 | 0.61 |
| Assets | ||||||
| Non-current assets | € million | 10,271 | 9,871 | 11,883 | 10,157 | 11,507 |
| Current assets | € million | 2,718 | 2,499 | 3,491 | 2,873 | 4,797 |
| Total assets | € million | 12,989 | 12,370 | 15,374 | 13,030 | 16,304 |
| Equity and liabilities | ||||||
| Equity | € million | 2,767 | 2,660 | 4,367 | 3,007 | 3,124 |
| Non-current liabilities | € million | 4,204 | 5,153 | 5,288 | 5,259 | 6,806 |
| Current liabilities | € million | 6,018 | 4,557 | 5,719 | 4,764 | 6,374 |
| Total equity and liabilities | € million | 12,989 | 12,370 | 15,374 | 13,030 | 16,304 |
| Equity ratio | % | 21.3 | 21.5 | 28.4 | 23.1 | 19.2 |
| Cash flow from operating activities | € million | 902 | 964 | 965 | 467 | 569 |
| Capital expenditure | € million | 724 | 677 | 1,138 | 757 | 1,116 |
| Net debt | € million | 3,828 | 3,251 | 3,807 | 3,211 | 3,926 |
| Employees | 31 Dec | 64,257 | 57,716 | 62,947 | 53,930 | 68,521 |
Turnover by divisions
| € million | 2007 | 2006 | Var. % |
|---|---|---|---|
| Tourism | 15,638.5 | 14,085.1 | + 11.0 |
| TUI Travel PLC | 15,258.7 | 13,676.0 | + 11.6 |
| TUI Hotels Resorts | 379.8 | 346.7 | + 9.5 |
| Others/Consolidation | 0.0 | 62.4 | n. m. |
| Shipping | 6,201.6 | 6,254.0 | - 0.8 |
| Container shipping | 6,018.4 | 6,093.7 | - 1.2 |
| Cruises | 183.2 | 160.3 | + 14.3 |
| Central operations | 25.5 | 175.5 | - 85.5 |
| Continuing operations | 21,865.6 | 20,514.6 | + 6.6 |
| Discontinuing operations | 0.0 | 401.0 | n. m. |
| Turnover by divisions | 21,865.6 | 20,915.6 | + 4.5 |
Source: Annual Report 2007 TUI AG
Earnings by divisions (EBITA)
|
€ million |
Underlying EBITA by division 2007 |
2006 |
Var. % |
EBITA by division 2007 |
2006 |
Var. % |
|---|---|---|---|---|---|---|
| Tourism | 448.9 | 394.7 | + 13.7 | 210.5 | 387.9 | - 45.7 |
| TUI Travel PLC | 304.4 | 258.6 | + 17.7 | 103.3 | 150.6 | - 31.4 |
| TUI Hotels & Resorts | 146.1 | 123.2 | + 18.6 | 108.8 | 86.6 | + 25.6 |
| Others/Consolidation | - 1.6 | 12.9 | n. m. | - 1.6 | 150.7 | n. m. |
| Shipping | 196.7 | 89.2 | + 120.5 | 341.9 | - 106.4 | n. m. |
| Container shipping | 182.5 | 81.3 | + 124.5 | 327.7 | - 114.3 | n. m. |
| Cruises | 14.2 | 7.9 | + 79.7 | 14.2 | 7.9 | + 79.7 |
| Central operations | - 29.5 | - 65.4 | + 54.9 | - 4.2 | - 80.7 | + 94.8 |
| Continuing operations | 616.1 | 418.5 | + 47.2 | 548.2 | 200.8 | + 173.0 |
| Discontinuing operations | 0.0 | 29.8 | n. m. | 0.0 | 29.6 | n. m. |
| Earnings by divisions | 616.1 | 448.3 | + 37.4 | 548.2 | 230.4 | + 137.9 |
Source: Annual Report 2007 TUI AG
Breakdown of income tax expenses
|
€ million |
2007 |
2006 restated |
|---|---|---|
| Current income taxes | ||
| in Germany | 24.9 | 49.9 |
| abroad | 78.5 | 64.2 |
| Deferred tax expenses | - 102.6 | 15.3 |
| Total | 0.8 | 129.4 |
Source: Annual Report 2007 TUI AG
Investments in property, plant and equipment by division
| € million | 2007 | 2006 | Var. % |
|---|---|---|---|
| Tourism | 432.8 | 500.9 | - 13.6 |
| Shipping | 570.1 | 185.9 | + 206.7 |
| Central operations | 5.5 | 5.6 | - 1.8 |
| Continuing operations | 1,008.4 | 692.4 | + 45.6 |
| Discontinuing operations | – | – | – |
| Total | 1,008.4 | 692.4 | + 45.6 |
Source: Annual Report 2007 TUI AG
Personnel by division
| 31 Dec 2007 | 31 Dec 2006 | Var. % | |
|---|---|---|---|
| Tourism | 59,832 | 44,409 | + 34.7 |
| TUI Travel PLC | 47,705 | 33,6961) | + 41.6 |
| TUI Hotels & Resorts | 12,127 | 10,713 | + 13.2 |
| Shipping | 8,243 | 8,571 | - 3.8 |
| Container shipping | 8,031 | 8,376 | - 4.1 |
| Cruises | 212 | 195 | + 8.7 |
| Central operations | 446 | 950 | - 53.1 |
| Total | 68,521 | 53,930 | + 27.1 |
Source: Annual Report 2007 TUI AG
Profit and Loss Statement of the TUI Group for the period from 1 January to 31 December 2007
|
€ million |
Notes |
2007 |
2006 restated |
Restate- ment |
2006 original |
|---|---|---|---|---|---|
| Turnover | (1) | 21,865.6 | 20,514.6 | – | 20,514.6 |
| Cost of sales | (2) | 20,331.1 | 19,205.7 | - 39.2 | 19,244.9 |
| Gross profit | 1,534.5 | 1,308.9 | 39.2 | 1,269.7 | |
| Administrative expenses | (2) | 1,385.4 | 1,382.3 | – | 1,382.3 |
| Other income/other expenses | (3) | + 336.0 | + 223.1 | 6.2 | + 216.9 |
| Impairment of goodwill | (4) | 53.7 | 709.5 | – | 709.5 |
| Financial income | (5) | 209.8 | 179.3 | - 47.4 | 226.7 |
| Financial expenses | (6) | 468.8 | 401.1 | - 7.0 | 408.1 |
| Result from companies measured at equity | (7) | + 64.7 | + 50.5 | – | + 50.5 |
| Earnings before income taxes | 237.1 | - 731.1 | 5.0 | - 736.1 | |