Danish

Financial Highlights

  2010 2011 2012 2013 2014 2015 2016
Income Statement              
Revenue 45,559 49,917 49,491 47,386 47,569 40,308 35,464
Profit before depreciation, amortisation and impairment losses, etc. (EBITDA) 15,201 14,104 11,797 11,372 11,919 9,074 6,767
Depreciation, amortisation and impairment losses 5,870 5,292 5,065 4,628 7,008 7,944 7,265
Gain on sale of non-current assets, etc., net 670 210 610 145 600 478 178
Share of profit/loss in joint ventures - - 130 152 -6 165 149
Share of profit/loss in associated companies 82 122 222 295 412 97 -55
Profit before financial items (EBIT) 10,083 9,144 7,694 7,336 5,917 1,870 -226
Financial items, net -1,026 -862 -780 -716 -606 -423 -617
Profit before tax 9,057 8,282 6,914 6,620 5,311 1,447 -843
Tax 4,518 5,932 3,161 3,237 2,972 522 1,054
Profit for the year - continuing operations 4,539 2,350 3,753 3,383 2,339 925 -1,897
Profit for the year - discontinued operations 479 1,027 285 394 2,856 0 0
Profit for the year 5,018 3,377 4,038 3,777 5,195 925 -1,897
A.P. Møller - Mærsk A/S' share 4,705 2,836 3,740 3,450 5,015 791 -1,939
Balance Sheet              
Total assets 66,756 70,444 72,396 74,509 68,844 62,408 61,118
Total equity 34,376 36,190 39,324 42,513 42,225 35,739 32,090
Invested capital 47,013 51,753 53,814 54,630 49,927 43,509 42,808
Net interest-bearing debt 12,409 15,317 14,489 11,642 7,698 7,770 10,737
Investments in property, plant and equipment and intangible assets 5,626 10,901 7,826 7,087 9,368 7,647 6,748
Long term debt 15,752 16,862 16,080 12,702 10,913 11,408 13,320
Share capital2, USDm 3,985 3,985 3,985 3,985 3,985 3,906 3,774
Treasury shares2, No. '000 153 150 147 140 157 320 78
Share options granted in the year2, No. 15,005 15,805 21,780 5,070 25,883 5,473 7,928
Cash Flow Statement              
Cash flow from operating activities 9,585 6,665 7,041 8,909 8,761 7,969 4,326
Cash flow used for capital expenditure -4,167 -10,285 -5,822 -4,881 -6,173 -1,408 -4,355
Financial Ratios              
Return on invested capital after tax (ROIC) 12.20% 8.30% 8.90% 8.20% 11.00% 2.90% -2.7%
Return on equity after tax 15.40% 9.60% 10.70% 9.20% 12.30% 2.40% -5.6%
Equity ratio 51.50% 51.40% 54.30% 57.10% 61.30% 57.30% 52.5%
Stock Market Ratios              
Earnings per share (EPS)2, USD 216 130 171 158 230 37 -93
Diluted earnings per share2, USD 215 130 171 158 230 37 -93
Cash flow from operating activities per share1,2, USD 439 305 323 408 401 372 208
Dividend per share2, DKK 200 200 240 280 300 300 150
Dividend per share2, USD 36 35 42 52 49 44 21
Share price (B share), end of year2, DKK 10,102 7,584 8,520 11,770 12,370 8,975 11,270
Share price (B share), end of year2, USD 1,800 1,320 1,506 2,175 2,021 1,314 1,597
Total market capitalisation, end of year (USD million) 38,741 28,018 31,876 46,305 42,848 27,587 32,215
Book value per share2, USD per share 1,575 1,658 1,801 1,947 1,935 1,669 1,545
Number of shares2, No. '000 21,978 21,978 21,978 21,978 21,978 21,545 20,817
Group Business Drivers              
Maersk Line              
Transported volumes (FFE in '000) 7,277 8,111 8,493 8,839 9,442 9,522 10,415
Average freight rate (USD per FFE) 3,064 2,828 2,881 2,674 2,630 2,209 1,795
Unit cost (USD per FFE incl. VSA income) 2,898 3,108 3,054 2,731 2,584 2,288 1,982
Average fuel price (USD per tonne) 458 620 661 595 562 315 223
Maersk Line fleet, owned 245 254 270 275 274 285 292
Maersk Line fleet, chartered 325 391 326 299 336 305 347
Fleet capacity (TEU, '000) 2,166 2,521 2,625 2,631 2,946 2,962 3,239
Maersk Oil              
Average share of oil and gas production (thousand barrels of oil equivalent per day) 377 333 257 235 251 312 313
Average crude oil price (Brent) (USD per barrel) 80 111 112 109 99 52 44
APM Terminals              
Containers handled (measured in million TEU and weighted with ownership share) 31.5 33.5 35.4 36.3 38.3 36.0 37.3
Number of terminals 48 55 62 65 64 63 73
Maersk Drilling              
Operational uptime 96% 96% 92% 97% 97% 97% 98%
Contracted days 5,145 5,586 5,574 5,840 6,275 7,086 6,307
Backlog (USD bn) 3.1 3.8 7.2 7.9 6.0 5.4 3.7

1 From continuing operations

2 Adjusted for bonus share issue

Document Type
Consolidated balance sheet
Consolidated income statement
Consolidated cash flow statement
Consolidated statement of changes in equity
Notes to the consolidated financial statements
Share-based payment
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