Daimler Truck : Factbook for Q3 2022

Factbook for Q3 2022

November, 11th 2022

Table of contents

Tab	Content
Stock Market Information	Stock market information
Key Figures and Ratios	Key figures and ratios for Group, Industrial Business and Segments
Share of Market	Market share information for Trucks North America and Mercedes-Benz
Financial Statements	Condensed Financial Statements of Daimler Truck Group
Industrial Business	Financial details for Industrial Business
Trucks North America	Financial details for Trucks North America
Mercedes-Benz	Financial details for Mercedes-Benz
Trucks Asia	Financial details for Trucks Asia
Daimler Buses	Financial details for Daimler Buses
Financial Services	Financial details for Financial Services
Capital Structure	Financial details for Liquidity and Pension benefits
Guidance	Information on assumptions for heavy duty truck market and financial outlook for Group, Industrial Business and Segments

Disclaimer: Due to rounding, individual figures may not add up precisely to the totals shown and percentages presented may not accurately reflect the absolute values to which they relate.

Stock Market Information

1. Stock Market Information
	Financial Year	1st Quarter	2nd Quarter	3rd Quarter	January - September
In €m	2021	2022	2022	2022	2022
Earnings per share (in €)
basic	2.85	0.31	1.12	1.17	2,60
diluted	2.85	0.31	1.12	1.17	2.60
Average number of shares outstanding (in millions)
(adjusted for treasury stocks)
basic	823	823	823	823	823
dilluted	823	823	823	823	823
Number of shares outstanding
(at period end, in million)	823	823	823	823	823
Xetra closing price
(at period end, in €)	32.29	25.80	24.91	23.35	23.35
Market capitalization Frankfurt
(at period end, in billions of €)	26.57	21.23	20.50	19.22	19.22

Key Figures and Ratios

1. Key Figures and Ratios Group
	4th Quarter	1st Quarter	2nd Quarter	3rd Quarter		January - September	FY
In €m	2021	2022	2022	2022	2021	Change	2022	2021	Change	2021
Revenue	11,345	10,551	12,104	13,507	9,160	47%	36,162	28,418	27%	39,764
EBIT	417	461	1,074	1,057	375	182%	2,592	2,940	-12%	3,357
Net profit (loss)	117	275	946	990	214	362%	2,211	2,265	-2%	2,383
t/o Profit (loss) attributable to shareholders of Daimler Truck AG	105	257	922	963	207	366%	2,143	2,242	-4%	2,347
Investment PP&E	418	99	143	184	155	19%	427	344	24%	762
Depreciation and Amortization/Impairments*	278	272	274	277	279	-1%	818	836	-2%	1,160
t/o Amortization on capitalized development costs	30	30	30	30	51	-41%	90	153	-41%	183
Research and development costs	435	386	443	446	397	13%	1,275	1,139	12%	1,574
t/o Research and non-capitalized development costs	407	346	394	404	335	20%	1,144	991	15%	1,398
t/o Capitalized development costs	29	40	49	42	61	-31%	131	147	-11%	176
Capitalization ratio in %	6.6%	10.4%	11.1%	9.5%	15.4%	-	10.3%	13.5%	-	11.2%
Research and development costs (EBIT view)	-437	-376	-424	-434	-386	-12%	-1,234	-1,144	-8%	-1,581
t/o Research and non-capitalized development costs	-407	-346	-394	-404	-335	-20%	-1,144	-991	-15%	-1,398
t/o Amortization on capitalized development costs	-30	-30	-30	-30	-51	41%	-90	-153	41%	-183
	4th Quarter	1st Quarter	2nd Quarter		End of
	2021	2022	2022	Q3 2022	Q4 2021	Change
Active Workforce Group**	99,849	101,600	103,386	105,423	99,849	6%
Trucks North America	25,930	27,074	27,319	27,926	25,930	8%
Mercedes-Benz	40,327	40,636	41,357	41,970	40,327	4%
Trucks Asia	15,865	15,777	15,988	16,365	15,865	3%
Daimler Buses	14,861	14,960	14,981	15,176	14,861	2%
Financial Services	1,245	1,303	1,487	1,567	1,245	26%

• Depreciation and amortization including amortization on capitalized development costs and right-of-use assets, excluding depreciation on leased assets. ** Including items that cannot be allocated to any segment. Active Workforce as a fulltime-equivalent. Figure at end of period.

Key Figures and Ratios

2. Key Figures and Ratios Industrial Business
	4th Quarter	1st Quarter	2nd Quarter	3rd Quarter		January - September	FY
In €m	2021	2022	2022	2022	2021	Change	2022	2021	Change	2021
Unit sales	130,932	109,286	120,961	134,972	106,304	27%	365,219	324,513	13%	455,445
Revenue	11,081	10,242	11,706	13,027	8,854	47%	34,975	27,561	27%	38,641
Adj. EBIT	522	604	940	1,223	475	158%	2,767	1,837	51%	2,359
Adj. RoS (%)	4.7	5.9	8.0	9.4	5.4	-	7.9	6.7	-	6.1
Adj. CFBIT	1,285	332	-37	953	-697	-	1,248	627	99%	1,912
Adj. Cash Conversion Rate (CCR)*	2.5	0.6	0.0	0.8	-1.5	-	0.5	0.3	-	0.8
Adj. Free cash flow	1,213	206	-730	669	-865	-	145	95	53%	1,308

*Adj. CCR equals adj. CFBIT devided by adj. EBIT.