Five-Year Summary Key Data Print page

CHF million	2007	2006	2005	2004	2003

Turnover	4 699	4 082	3 688	3 581	3 295

By Strategic Business Unit:
Switzerland	1 001	975	847	890	870
Scandinavia	992	802	704	595	501
Europe	752	669	596	597	488
United Kingdom & North America ¹	770	698	770	827	756
Asia & Destination Management	1 273	1 013	831	730	551
Corporate	13	7	0	0	167

Cash flow (net cash from operating activities)	256.9	190.3	153.7	133.7	74.4

EBITA	140.2	121.7	120.4	127.6	102.4

EBIT	140.2	121.7	120.4	95.0	61.1

Net result	136.3	116.7	-42.0	74.1	65.9

Investments in tangible and intangible assets	53.3	42.6	35.3	38.2	28.0

Depreciation	56.3	46.8	47.0	45.4	52.3

Non-current assets	835	819	610	791	837

Current assets	1 142	975	1 049	1 029	1 003

Equity	636	601	582	659	615

Equity ratio in %	32.2	33.5	35.1	36.2	33.4

Non-current liabilities	125	103	187	144	402

Current liabilities	1 216	1 090	890	1 017	823

Total assets	1 977	1 794	1 659	1 820	1 840

Invested capital ²	739	637	798	884	990

Return on Invested Capital (ROIC) in % ³	16.4	16.1	11.3	10.8	5.5
Kuoni Economic Profit (KEP) ⁴	58.5	48.1	22.4	20.0	-29.7


Average number of personnel (FTE)	8 826	7 502	6 943	6 451	7 931
Switzerland	1 497	1 472	1 448	1 423	1 610
Scandinavia	778	665	676	664	652
Europe	953	965	927	1 066	886
United Kingdom & North America ¹	569	526	632	683	830
Asia & Destination Management	4 779	3 700	3 229	2 589	2 283
Business Travel	0	0	0	0	1 645
Corporate	250	174	31	26	25

¹since January 1^st, 2006 UK only ² Invested capital is the average annual total of all net current assets, fixed assets, goodwill actually paid (less any impairments effected) and other net assets (excluding interest-bearing assets and liabilities). ³ Return on Invested Capital (ROIC) is defined as net operating profit after tax (NOPAT) as a proportion of average invested capital. NOPAT is defined as earnings before interest and taxes (EBIT) less income-dependent taxes. ⁴ Kuoni Economic Profit or KEP is defined as net operating profit after tax (NOPAT) less the cost of capital invested in operations. The cost of capital invested in operations is determined by multiplying average invested capital by a weighted average cost of capital (WACC) of 8.50%.