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

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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