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Value added
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Value added
The value added statement shows Fresenius’ total output in 2009 less purchased goods and services and less depreciation and amortization. The value added of the Fresenius Group reached € 7,041 million in 2009 (2008: € 5,903 million). This is an increase of 19 % over 2008. The distribution statement shows that, at € 4,880 million or 69 %, the largest portion of our value added went to our employees. Lenders came next with € 580 million (8 %) and governments with € 559 million (8 %). Shareholders received € 122 million and noncontrolling interests of € 497 million. The Company retained € 403 million for reinvestment.
Value Added Statement
| in million € | 2009 | % | 2008 | % |
|---|---|---|---|---|
| Creation | ||||
| Company output | 14,238 | 100 | 12,390 | 100 |
| Materials and services purchased | 6,635 | 47 | 5,704 | 46 |
| Gross value added | 7,603 | 53 | 6,686 | 54 |
| Depreciation and amortization | 562 | 4 | 783 | 6 |
| Net value added | 7,041 | 49 | 5,903 | 48 |
| Distribution | ||||
| Employees | 4,880 | 69 | 4,332 | 74 |
| Governments | 559 | 8 | 525 | 9 |
| Lenders | 580 | 8 | 431 | 7 |
| Shareholders | 122 | 2 | 114 | 2 |
| Company and noncontrolling interest | 900 | 13 | 501 | 8 |
| Net value added | 7,041 | 100 | 5,903 | 100 |
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Financial position
Financial position