Key Financials


Key Financials 2017  Continuing
Operations
  Continuing & Discontinued Operations
  2017 2016R (i) 2017 2016
Sales 25,220 24,789 27,563 27,104
EBITDA 3,146 2,980 3,310 3,130
Operating profit (EBIT) before impairment  2,095 1,931 2,238 2,050
Operating profit (EBIT) after impairment 2,095 1,908 2,238 2,027
Profit before Tax 1,867 1,620 2,013 1,741
Basic Earnings per Share (cent) (ii) 214.0 140.4 226.8 150.2
Cash Earnings per Share (cent) 355.1 283.4 355.1 283.4
Dividend per Share (cent) 68.0 65.0 68.0 65.0
Net Debt/EBITDA (times) 1.8 1.8 1.8 1.7
EBITDA Interest Cover (times) 10.9 9.4 11.5 9.9
EBIT Interest Cover (times) 7.2 6.0 7.7 6.4
Dividend Cover (times) (iii) 3.1 2.2 3.3 2.3
 
(i) Restated to show the results of our Americas Distribution segment as discontinued operations. 
(ii) Adjusted EPS on a continuing and discontinued basis was 166.2c. 2017 Adjusted EPS is stated before the one-off Swiss pension plan past service credit and one-off benefit of a reduction in the Group’s deferred tax liabilities due to changes in US tax legislation.
(iii) 2017 Dividend cover based on adjusted EPS as outlined in note (ii) was 2.4 times.