Five-year overview
| (x € million, unless otherwise stated) | 2021 | 2020* | 2019* | 2018 | 2017 |
| Revenue | 7,315 | 6,768 | 7,176 | 7,208 | 6,535 |
| Total Revenue including discontinued operations | 7,315 | 6,809 | 7,209 | 7,208 | 6,535 |
| Operating result | 78.1 | (221.3) | 52.3 | 105.2 | 10.4 |
| Result before tax | 65.8 | (236.9) | 50.6 | 114.5 | 20.0 |
| Result for the year from continuing operations | 17.0 | (272.0) | (13.3) | - |
- |
| Net result attributable to the shareholders of the Company | 18.1 | (122.2) | 11.8 | 23.8 |
(13.8) |
| Basic earnings per share (in €1) | 0.07 | (1.00) | 0.04 | 0.09 | (0.05) |
| Diluted earnings per share (in €1) | 0.07 | (1.00) | 0.04 | 0.09 | (0.05) |
| Dividend per ordinary share (in €1)1 | - | - | 0.02 | 0.14 | 0.10 |
| Equity attributable to the shareholders of the Company | 653.6 | 583.4 | 628.4 | 729.0 | 721.3 |
| Subordinated convertible bonds | - | 118.7 | 120.5 | 117.6 | 115.0 |
| Capital base | 653.6 | 702.1 | 748.9 | 846.7 | 836.3 |
| Net investment in property, plant and equipment | 33.2 | 43.9 | 67.7 | 72.2 | 70.7 |
| Net additions right-of-use assets | 41.6 | 117.6 | 115.8 | - | - |
| Depreciation, amortisation and impairment charges of: | |||||
| Property, plant and equipment | 56.4 | 54.6 | 54.0 | 63.7 | 55.0 |
| Right-of-use assets | 87.6 | 99.2 | 99.7 | - | - |
| Intangible assets | 11.7 | 67.0 | 16.2 | 6.0 | 5.2 |
| Other impairment charges | 38.2 | 13.2 | 8.2 | 20.6 | 3.9 |
| Cash flow before dividend | 210.9 | 111.6 | 189.9 | 117.4 | 50.5 |
| Total impairment charges | 48.5 | 74.7 | 18.5 | 23.8 | 4.8 |
| Order book2 | 13,243 | 13,760 | 12,659 | 12,692 | 11,636 |
| Number of employees as at 31 December (in FTE) | 15,739 | 17,966 | 19,517 | 20,194 | 19,720 |
| Average number of employees (in FTE) | 17,001 | 18,731 | 19,433 | 20,156 | 19,837 |
| Ratios (in %) | |||||
| Adjusted EBITDA3 as % of total revenue | 3.8 | 0.5 | 1.0 | 2.1 | 0.4 |
| Net result to the shareholders of the Company as % of revenue | 0.2 | (1.8) | 0.2 | 0.3 | (0.2) |
| Net result to the shareholders of the Company as % average equity | 2.9 | (20.2) | 1.7 | 3.3 | (1.8) |
| Solvency ratios (in %) | |||||
| Equity attributable to shareholders as % of total assets | 14.5 | 11.2 | 13.8 | 15.9 | 16.1 |
| Capital ratio as % of total assets | 14.5 | 13.4 | 16.5 | 18.5 | 18.6 |
| Current ratio as current assets divided by current liabilities | 0.96 | 1.08 | 0.95 | 1.02 | 1.00 |
*On a continuing basis unless otherwise stated
1 For 2021 dividend proposal.
2 Order book comprises both signed contracts and agreed-upon orders.
3 Result before tax excluding restructuring costs, impairment charges, pension one-off, interest, depreciation and amortisation. As of 2021, based on a benchmark on European listed Construction companies performed in 2020, BAM decided to use adjusted EBITDA as APM to align with other peers in the industry.