E-PAPER-a E-PAPER-b Logo_Geschaeftsbericht_DE Logo_Geschaeftsbericht_EN Logo_MAHLE Menu_close menu PDF-neu PDF Pfeil_links Pfeil_oben Pfeil_rechts plain plus Zitat_Grafik
Download annual report
View annual report e-paper

THE MAHLE DNA–what drives us.

As one of the world’s 20 largest suppliers and a development partner to the automotive industry, MAHLE offers innovative mobility solutions that stand for clean air, fuel efficiency, and driving pleasure.

Our product portfolio for passenger cars and commercial vehicles demonstrates our unique systems competence, as it addresses all crucial issues related to the powertrain and air conditioning technology—from engine systems, filtration, and electrics/mechatronics through to thermal management. The group supports manufacturers as early as in the development of new vehicle generations, not to mention the continuous improvement of series production applications.

Proof of our technological leadership is not least to be seen in our successes in motorsport—be it in Formula 1 or in Le Mans. Moreover, our innovative products are used in stationary applications, mobile machinery, as well as in railroad, marine, and aerospace applications. And of course, we also supply workshops and engine repair workshops with MAHLE products in original equipment quality.

MAHLE 2015 BUSINESS YEAR–AT A GLANCE

in EUR million20152014Change in %
SalesGroup11,4869,942+15.5
  • Europe
5,8445,166+13.1
  • North America
2,9152,266+28.6
  • South America
586680–13.8
  • Asia/Pacific
2,0941,782+17.5
  • Africa
4748–2.3
ResultEBITDA1,0931,022+6.9
EBIT511514–0.6
  • EBIT in % of sales
4.55.2
EBIT adjusted for amortization of goodwill and effects from purchase price allocations663639+3.8
Result from ordinary activities309401–23.0
Net income122279–56.2
Dividend paid by MAHLE GmbH6.08.5–29.4
R&D and tangible fixed assetsResearch and development expenses657552+19.0
  • Research and development expenses in % of sales
5.75.6
Property, plant, and equipment2,8882,446+18.1
Capital expenditure on tangible fixed assets 564488+15.6
Equity and balance sheet totalEquity2,6672,555+4.4
  • Equity ratio in %
34.037.8
Balance sheet total7,8496,758+16.1

Net debt
Financial liabilities to banks and on capital market1,7161,227+39.9
  • Thereof with a remaining period of up to 1 year
353254+38.8
  • Thereof with a remaining period of more than 5 years
975603+61.6
Cash in hand, bank balances, and cheques310526–41.2
Cash flowCash flow from operating activities638- 1)
Cash flow from investing activities-1,224- 1)
EmployeesGroup75,63566,234+14.2
  • Germany
14,23314,179+0.4
  • Europe (incl. Germany)
35,01431,431+11.4
  • North America
15,28610,534+45.1
  • South America
9,6449,926–2.8
  • Asia/Pacific
14,77613,454+9.8
  • Africa
915889+2.9

1) Changes in the German Accounting Standards (GAS) do not permit a comparison with the previous year’s value.