Key figures

Key figures

IFRS
KEY FIGURES (EUR million) 2010 2009 2008 2007 20061 2005
External sales2, 3 1,519.8 1,392.7 1,655.7 1,324.7 1,255.0 1,276.4
Of which rental income 1,198.2 1,159.6 1,311.3 1,324.7 1,255.0 1,276.4
Current operating result2, 4 108.2 103.4 112.7 106.5 89.8 100.4
Current operating margin5 9.0% 8.9% 8.6% 8.0% 7.2% 7.9%
Current result, group’s share
- before tax2, 4 29.2 20.9 22.5 22 17.8 22.7
- after tax4 16.7 14.8 13 17.7 14.6 16.6
             
Average workforce (average full time equivalents) 5,163 5,319 5,967 6,122 6,276 6,253
1. As restated in 2006 following the malpractice identified in Portugal.
2. Excluding in 2006 and 2007 the discontinued operation in Greece (application of IFRS 5).
3. Following the amendment to IAS 16 (see note 2.1. of the Consolidated Financial Statements in this annual report), external sales include from 2008 onwards the disposal proceeds of non-repurchase vehicles.
4. Under IFRS: before unusual items and re-measurements.
5. Current operating margin is calculated as the current operating result divided by the rental income.

Corporate sales breakdown by region 2010 2009
France 24% 24%
Italy 17% 17%
Germany 17% 16%
UK 15% 16%
Spain 13% 13%
Other 14% 14%
Total 100% 100%

Customer breakdown 2010 2009
Individual 54% 55%
Corporate 34% 34%
Insurance/Replacement 12% 11%
Total 100% 100%

Evolution of rental income and current operating result of Avis Europe since 2004

Click on a chart to enlarge it