Daimler faces BIG fine - Page 2 - Mercedes-Benz Forum

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post #11 of 12 (permalink) Old 05-24-2006, 03:39 AM
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Condemning U.S. businesses to compete on an uneven international playing field is the hight of hypocrisy. Teutone
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post #12 of 12 (permalink) Old 05-26-2006, 10:51 AM
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while gross revenue is interesting....

some more details...

Daimler group market capitalization: ~49 billion
Gross Revenues: 149 billion (all in EU please)

Now for the interesting details:

Cash provided by operations: 12.3b (EU)
Net Income: 2.8b (EU)
Operating Profit: 5.2b (EU)
Total dividend: 2.8b (EU)

so, I guess it's all how you look at it. .63b EU of 149b EU (gross revenue) does not seem like much....

But if your talking hitting the bottom line (net income).... that .63b is significantly more important (2.8b net income)....

Given their cash flow last year (12.3b) it's ez to pay the fine.... it's just where are they gonna put all the $$ on the bottom line?

Chances are they have had visibility toward the fine for some time, and have been funding it... so...

I guess the short answer is YES, it's ez, but it's still a lotta monies !! (for me anyway) I drive a Benz not a Mybach (or however you spell that)...

"I may be a geek - but it pays for the car!!"...

Last edited by Atoche; 05-26-2006 at 03:54 PM.
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