Key indicators by share

2008 2009 2010 2011
Earnings/share, diluted 2.23 1.27 2.06 1.84
Earnings/share, basic 2.24 1.28 2.08 1.85
Earnings/share, excl. non-recurring items, basic 1.44 0.71 1.78 1.84
           
Equity/share 20.10 20.39 21.81 22.20
Dividend/share 1.00 0.90 1.30 1.20
Payout ratio % 44.5 70.5 62.6 64.9
Payout ratio excl. non-recurring items % 69.3 126.9 72.9 65.3
Cash flow from operating activities/share, adjusted 1.34 3.86 4.45 2.20
Price/earnings ratio, (P/E), A share, adjusted   9.85 18.55 16.82 13.55
Price/earnings ratio, (P/E), B share, adjusted   7.97 18.14 16.93 14.14
Effective dividend yield, A share % 4.5 3.8 3.7 4.8
Effective dividend yield, B share % 5.6 3.9 3.7 4.6
           
Share price at 31 Dec.          
A share 22.00 23.60 34.70 24.82
B share 17.80 23.08 34.93 25.96
           
Average share price          
A share 28.30 21.92 30.42 29.20
B share 23.51 19.18 29.83 29.36
           
Market capitalisation at 31 Dec., A share € million 698 749 1,101 788
Market capitalisation at 31 Dec., B share € million 1,176 1,537 2,337 1,719
           
Turnover          
A share million pcs 1 1 4 2
B share million pcs 121 78 53 63
           
Relative turnover rate          
A share % 4.5 3.1 13.8 6.6
B share % 183.3 117.4 78.8 94.6
           
Diluted number of shares at 31 Dec. thousand pcs 98,256 98,382 99,121 98,919
           
Yield of A share for the last five periods % 10.9 9.2 11.9 -4.6
Yield of B share          
For the last five periods % 12.9 10.3 12.6 -4.3
For the last ten periods % 11.7 14.9 20.6 16.9