Mercedes 2009 Annual Report Download - page 259

Net assets. Net assets represent the capital employed by the
Group and the industrial divisions. The relevant capital basis for
Daimler Financial Services is equity capital (see page 76 ff).
Net operating profit. Net operating profit is the relevant
parameter for measuring the Group’s operating performance
after taxes.
Rating. An assessment of a company’s creditworthiness issued
by rating agencies.
ROE – return on equity. The profitability of Daimler Financial
Services is measured by return on equity (ROE). ROE is defined
as a quotient of EBIT and shareholders’ equity.
ROS – return on sales. The profitability of the industrial divisions
is measured by return on sales (ROS). ROS is defined as a
quotient of EBIT and revenues.
Sarbanes-Oxley Act. The Sarbanes-Oxley Act was passed in the
United States in 2002. This new law resulted in additional regu-
lations for the protection of investors, including greater responsi-
bility for management and the audit committee. In particular,
requirements concerning the accuracy and completeness of pub-
lished financial information have become stricter, and disclosure
and auditing duties have been expanded.
Sustainability. Sustainability means using natural resources
in such a way that they continue to be available to fulfill the
needs of future generations. In the view of the Daimler Group,
sustainable business operations have to give due consideration
to economic, ecological and social aspects.
Value at risk. Measures the potential future loss (related to
market value) for a given portfolio in a certain period and for
which there is a certain probability that it will not be exceeded.
Value added. Value added indicates the extent to which the
measure of operating result exceeds the cost of capital. When
value added is positive, return on net assets is higher than the
cost of capital (see page 76).
Additional Information | Glossary |Index |255
Annual Meeting 57, 164
Capital expenditure 91
Cash flow 89 f, 178, 225
Change of control 63
CO2reductions 83 f, 137 f
Code of Ethics 166
Compliance 162 f
Consolidated Group 181
Corporate Governance 61, 144 ff
Dividends 55, 81
EADS 60, 63, 75, 202
Earnings per share (EPS) 54, 246
EBIT 53 ff, 100
Equity method 201 f
Financial income 80, 98, 194
Fuel cells 30 ff, 66, 138
Global Excellence 64, 114, 127
Goodwill 198
Hybrid drive 20 ff, 122, 131, 137
Income Taxes 81, 195 ff
Independent auditors’ report 173
Integrity Code 162
Investor Relations 57
Liabilities 96 f, 223 ff
Net assets 76 ff
Net profit 81, 174 f
Pension obligations 96, 218 f f
Portfolio changes 67 f, 189 ff
Profitability 73 ff
Ratings 56, 94
Remuneration system 156 ff, 249
Revenue 72, 192 ff
ROE – Return on Equity 77
ROS – Return on Sales 77
Segment reporting 241 ff
Shareholders’ equity 96, 208 ff
Shares 54 ff, 62
Strategy 63 ff
Sustainability 10 ff, 134 ff
Unit sales 70, 120, 124, 128, 130
Value added 76 ff
Index