2019 Hilti Company Report 60 21.0 20.1 KEY FIGURES 19.3 57 19.0 18.4 18.6 55 17.4 54 52 53 53 17.0 5,900 783 51 6,000 5,659 800 728 51 15.0 681 5,500 5,113 700 604 547 48 13.0 5,000 4,633 600 2015 2016 2017 2018 2019 2015 2016 2017 2018 2019 4,384 45 11.0 4,500 500 4,000 400 Total equity Return on equity (ROE) 2015 2016 2017 2018 2019 2015 2016 2017 2018 2019 in % total equity and liabilities in % (net income) 3,500 300 Net sales in CHF million Operating result in CHF million 1,200 1,160 1,140 1,029 591 1,000 1,130 1,114 1,114 600 546 15.0 13.0 13.3 12.9 13.3 521 12.5 800 1,100 550 13.0 500 481 11.0 595 600 490 474 515 1,070 450 410 9.0 1,046 400 7.0 400 1,040 1,031 2015 2016 2017 2018 2019 2015 2016 2017 2018 2019 350 5.0 2015 2016 2017 2018 2019 2015 2016 2017 2018 2019 Net income in CHF million Return on sales (ROS) in % 200 1,010 Financial debts* in CHF million Cash and cash equivalents in CHF million 21.0 21.1 20.6 19.8 22.0 19.0 400 500 320 18.0 360 335 325 412 294 14.0 320 303 400 334 290 272 289 289 264 10.0 280 248 245 300 246 260 243 6.0 240 2015 2016 2017 2018 2019 2015 2016 2017 2018 2019 2.0 200 200 230 205 Return on capital employed (ROCE) in % Free cash 昀氀ow in CHF million 100 200 (before acquisition and disposal of subsidiaries, including lease payments) 2015 2016 2017 2018 2019 2015 2016 2017 2018 2019 0 170 Capital expenditures on intangible assets Dividend in CHF million and on property, plant and equipment in CHF million 400 355 367 32,000 29,004 30,006 350 311 29,000 26,881 300 280 26,000 23,385 24,619 240 * Includes lease liabilities due to the adaption of IFRS 16 Leases. 250 23,000 200 20,000 Please note 2015 2016 2017 2018 2019 2015 2016 2017 2018 2019 The following pages contain extracts from the 2019 Financial Report of the Hilti Group. Because these pages do not contain the full consolidated 昀椀nancial 150 17,000 statements, they do not present complete information about the 昀椀nancial position, 昀椀nancial performance and cash 昀氀ows of the Hilti Group for 2019. Research and development expenditure Employees at December 31 Complete information, including the notes to the consolidated 昀椀nancial statements, is contained in the 2019 Financial Report, which will be available on Employees at December 31 the Group’s website (www.hilti.group) from late March 2020. The full 2019 consolidated 昀椀nancial statements, which are included in the 2019 Financial in CHF million Report, have been prepared in accordance with International Financial Reporting Standards (IFRS). 72–73