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2012 Full Year
                                                  Results


                                                  Wan Ling Martello
                                                 Chief Financial Officer

                                                 Roddy Child-Villiers
                                               Head of Investor Relations

February 14th, 2013   2012 Full Year Results
Disclaimer
    This presentation contains forward looking
    statements which reflect Management’s current
    views and estimates. The forward looking
    statements involve certain risks and uncertainties
    that could cause actual results to differ materially
    from those contained in the forward looking
    statements. Potential risks and uncertainties
    include such factors as general economic
    conditions, foreign exchange fluctuations,
    competitive product and pricing pressures and
    regulatory developments.

1   February 14th, 2013   2012 Full Year Results
2012 Commitments

          Financial                                Efficiencies   Strategic

      Delivered the                                CHF 1.5 bn+
      Nestlé Model
                                                    SKUs -14%
      Sustainable                                     Capital
    dividend policy                                efficiencies



2   February 14th, 2013   2012 Full Year Results
2012 Results Overview
                          Sales                       Trading         Cash Flow
                                                   Operating Profit
              CHF 92.2 bn                           CHF 14.0 bn       CHF 15.8 bn

              +CHF 8.6 bn                           +CHF 1.5 bn       +CHF 5.6 bn
                  +5.9% OG                              15.2%            +55%
                 +3.1% RIG                             +20 bps

                               Delivering the Nestlé Model
3   February 14th, 2013   2012 Full Year Results
Trading Operating Profit Margin
                                            +20           -30


                                                                                             TOP 15.2%
                                                                   -20             +70        +20 bps
                                                                                   +20
                                 +30
          TOP
         15.0%         0                                                   0


                                                          +100




        FY 2011     Other        COGS    Distribution Marketing   Admin.   R&D   Net Other    FY 2012
                   Revenue                                                        Trading
                                                                                 Expense

TOP = Trading Operating Profit

 4      February 14th, 2013      2012 Full Year Results
Trading Operating Profit Margin
                                            +20           -30


                                                                                             TOP 15.2%
                                                                                   +70
                                 +30
                                                                   -20             +20        +20 bps
                                                                                                         Consumer facing marketing
          TOP
         15.0%         0                                                   0                                        +8%
                                                          +100
                                                                                                            in constant currency




        FY 2011     Other        COGS    Distribution Marketing   Admin.   R&D   Net Other    FY 2012
                   Revenue                                                        Trading
                                                                                 Expense

TOP = Trading Operating Profit

 5      February 14th, 2013      2012 Full Year Results
Trading Operating Profit Margin
                                         +20         -30
                                                                                                         Administration Expenses
                                                                                                                impact on
                                                                -20             +70
                                                                                +20
                                                                                          TOP 15.2%
                                                                                           +20 bps       Trading Operating Profit
                            +30
     TOP
    15.0%          0                                                    0                                                          +80
                                                                                                                             +70
                                                    +100
                                                                                                                 +50
                                                                                                      Increase
                                                                                                        in bps

                                                                                                      Decrease
                                                                                                                                         -20
                                                                                                       in bps          -30
                                                                                                                 2008 2009 2010 2011 2012
    FY 2011    Other       COGS       Distribution Marketing   Admin.   R&D   Net Other    FY 2012
              Revenue                                                          Trading
                                                                              Expense

    TOP = Trading Operating Profit;

6   February 14th, 2013    2012 Full Year Results
Income Statement
                                      As % of sales                                                         Difference in
                                                                                   Full Year   Full Year
                                                                                                           basis points/%
                                                                                    2011        2012
                                                                                                             (rounded)
                                      Trading operating profit                       15.0        15.2            +20
                                      Net other operating income/expense             (0.1)       (0.1)

                                      Operating profit                               14.9        15.1           +20
                                      Net financial income/expense                   (0.5)       (0.5)

                                      Profit before taxes and associates             14.4        14.6           +20
                                      Taxes                                          (3.7)       (3.7)
                                      Share of results of associates                  1.0          1.1          +10
                                      Profit for the year                            11.7        12.0           +30
                                      Attributable to non-controlling interests      (0.4)       (0.5)           -10


                                      Attributable to shareholders of the parent     11.3        11.5           +20




                                      Underlying EPS (CHF) constant currencies                               +7.5%




7   February 14th, 2013   2012 Full Year Results
Operating cash flow and working capital


       Operating cash flow up 50% to CHF15.8 bn

       Working capital the key driver

       Long term W/C trend shows clear
        improvement

        2012 W/C performance in part due to
        comparatives
                                                                                                                         1)          2)


                                                   2005     2006        2007        2008        2009        2010      2011    2012
                                                                          TNWC as % of sales

                                                    Notes:
                                                    Continuing Operations
                                                    1) Excluding Hsu Fu Chi and Yinlu; 2) Excluding Wyeth Nutrition


8   February 14th, 2013   2012 Full Year Results
Net Debt
                                                                                      -0.2
               CHF bn                                                   -6.2                        + 9.9

                                                       -10.9                                                       + 2.8
                                  + 0.7
                                                                                                                                            b)
                                                                                                                                    - 18.2
                 - 14.3


                 Net debt      Treasury shares        Acquisition      Dividends   Exchange rates Free Cash Flow    LT financial      Net debt
                                                                                                                                 a)
                January 1st         (net)                  net                        & other                      investments      December 31st
                                                       disposals
                                                    (incl. Minority)


a) Mainly bonds and Asian equities reclassified to Liquid assets/Net debt because are due to be realised within one year
b) Adjusted Net Debt including LT Treasury investment amounts to CHF 17.7 bn

9    February 14th, 2013   2012 Full Year Results
FY 2012 restatement for new accounting standards:
 IAS 19 (Pensions) and IFRS 11 (JVs)
                             Reported            Restated
                                                (estimates)                                        Publication of 2012
                                                                                                    restated numbers
     Sales                   92.2 bn              89.7 bn     -2.5 bn (JVs)
                                                                                       Before Q1 2013 sales announcement:
                                                                                        Q1 and 9 month 2012:
     TOP                      15.2 %              15.0 %      -20 bps
                                                                                        -   Sales by Operating segments/Products
                                                                                        H1 and FY 2012:
     Profit for
                             11.06 bn            10.68 bn     -0.38 bn (Pensions)       -   Income Statement, Balance Sheet and
     the Year
                                                                                            Cash Flow
     Basic                                                                              -   Full disclosure by Operating segments/
                             CHF 3.33           CHF 3.21 -0.12 CHF (Pensions)
     EPS                                                                                    Products

                                                              No material impact
     FCF                      9.9 bn               9.9 bn
                                                              on Cash Flow
TOP = Trading Operating Profit; JVs = Joint Ventures

10     February 14th, 2013     2012 Full Year Results
Summary
        Good broad-spread results

        Delivering performance today while investing for the future

        Increased investment behind our brands

        Improved cash flow

        Double-digit growth in earnings per share

        Nestlé model achieved

        Dividend increased to CHF 2.05 per share


11   February 14th, 2013   2012 Full Year Results
Billionaire Brands
                                                              +7% OG

 OG figure excludes Yinlu, Hsu Fu Chi and Wyeth Nutrition

12    February 14th, 2013     2012 Full Year Results
Asia,
                        Americas                                                   Europe                                              Oceania &
                                                                                                                                        Africa

     Sales
     (CHF)
                            41 bn                                                   26 bn                                                    25 bn
     OG                     +5.9%                                                  +2.4%                                                  +10.3%
     RIG                    +1.8%                                                  +1.5%                                                    +7.5%

 * Each region includes Zones, Nestlé Waters, Nestlé Nutrition, Nestlé Professional, Nespresso, NHSc and JVs; OG = Organic Growth, RIG = Real Internal growth


13    February 14th, 2013     2012 Full Year Results
Developed Markets



                                                      57% of
      CHF 52.9 bn                                                 +2.5% OG
                                                    Group sales



14   February 14th, 2013   2012 Full Year Results
Developed Markets




                                       Delivering Growth in 2012
15   February 14th, 2013   2012 Full Year Results
Developed Markets




                                       Delivering Growth in 2012
16   February 14th, 2013   2012 Full Year Results
Developed Markets




                                       Delivering Growth in 2012
17   February 14th, 2013   2012 Full Year Results
Developed Markets




                                       Delivering Growth in 2012
18   February 14th, 2013   2012 Full Year Results
Developed Markets




                                       Delivering Growth in 2012
19   February 14th, 2013   2012 Full Year Results
Developed Markets




                                       Delivering Growth in 2012
20   February 14th, 2013   2012 Full Year Results
Developed Markets




                                       Delivering Growth in 2012
21   February 14th, 2013   2012 Full Year Results
Developed Markets




                                       Delivering Growth in 2012
22   February 14th, 2013   2012 Full Year Results
Developed Markets




                           Driving growth in 2013 and beyond
23   February 14th, 2013    2012 Full Year Results
Developed Markets




                           Driving growth in 2013 and beyond
24   February 14th, 2013    2012 Full Year Results
Developed Markets




                           Driving growth in 2013 and beyond
25   February 14th, 2013    2012 Full Year Results
Developed Markets




                           Driving growth in 2013 and beyond
26   February 14th, 2013    2012 Full Year Results
Developed Markets




                           Driving growth in 2013 and beyond
27   February 14th, 2013    2012 Full Year Results
Developed Markets




                           Driving growth in 2013 and beyond
28   February 14th, 2013    2012 Full Year Results
Developed Markets




                                                CARBON DISCLOSURE PROJECT



                                                    Nestlé in Society
29   February 14th, 2013   2012 Full Year Results
Emerging Markets


                                                      43% of
      CHF 39.3 bn                                                 +11% OG
                                                    Group sales




30   February 14th, 2013   2012 Full Year Results
Emerging Markets




                                       Delivering Growth in 2012
31   February 14th, 2013   2012 Full Year Results
Emerging Markets




                                       Delivering Growth in 2012
32   February 14th, 2013   2012 Full Year Results
Emerging Markets




                                       Delivering Growth in 2012
33   February 14th, 2013   2012 Full Year Results
Emerging Markets




                                       Delivering Growth in 2012
34   February 14th, 2013   2012 Full Year Results
Emerging Markets




                                       Delivering Growth in 2012
35   February 14th, 2013   2012 Full Year Results
Emerging Markets




                                       Delivering Growth in 2012
36   February 14th, 2013   2012 Full Year Results
Emerging Markets




                           Driving growth in 2013 and beyond
37   February 14th, 2013    2012 Full Year Results
Emerging Markets




                           Driving growth in 2013 and beyond
38   February 14th, 2013    2012 Full Year Results
Emerging Markets




                           Driving growth in 2013 and beyond
39   February 14th, 2013    2012 Full Year Results
Emerging Markets




                           Driving growth in 2013 and beyond
40   February 14th, 2013    2012 Full Year Results
Emerging Markets




                                                    Nestlé in Society
41   February 14th, 2013   2012 Full Year Results
Delivered in 2012; well set for ‘13 & beyond
        Delivered Organic growth and TOP margin improvement
        Increased EPS and Cash flow
        Grew in Emerging and Developed markets
        Grew in PPPs and Premium
        Investing in our brands and routes to market
        Creating value for society and shareholders


                           Nestlé Model reconfirmed for 2013
42   February 14th, 2013    2012 Full Year Results
2012 Full Year
                                                       Results



                                                     Discussion




43   February 14th, 2013   2012 Full Year Results
Appendix




44   February 14th, 2013   2012 Full Year Results
Translational Impact of Swiss Franc
                                                    Weighted Average Exchange Rates

                            CHF per                          FY 2011       FY 2012    (%)

                            US Dollar (1)                     0.89          0.94      +5.8

                            Euro (1)                          1.23          1.21      -2.2

                            £ Sterling (1)                    1.42          1.49      +4.7

                            Real (100)                        52.94         47.96     -9.4

                            Mex. Peso (100)                   7.12          7.14      +0.2

                            Yen (100)                         1.12          1.17      +4.2




45   February 14th, 2013   2012 Full Year Results
FX Impact on All Businesses

                              (%)                   1Q12   HY12   9m 2012   FY12

                              Zone Americas         -4.2   -0.8    +3.5     +2.7

                              Zone Europe           -5.9   -4.4    -1.2     -0.9

                              Zone AOA              -3.8   -0.6    +3.5     +2.8

                              Nestlé Waters         -4.5   -0.5    +3.8     +3.2

                              Nestlé Nutrition      -5.3   -2.6    +1.4     +1.0

                              Other                 -4.4   -2.4    +1.3     +1.0

                              Total                 -4.6   -1.8    +2.2     +1.7




46   February 14th, 2013   2012 Full Year Results
Operating Segments
      % OG
       % RIG                                                     8.4                             8.7

                                                                           6.4
                                                                                     6.7

                                                        5.2
                               1.8
                                                                 5.9       4.9                   6.5
                                                                                     3.0
                               1.1                      0.6
                              Zone                  Zone        Zone     Nestlé     Nestlé      Other
                             Europe                Americas     AOA      Waters    Nutrition
        Sales                 15.4                      28.9    18.9       7.2       7.9        13.9
      CHF bn rounded

     TOP Margin 15.7%                               18.6%       19.0%     8.9%      19.2%       17.2%
                             +10 bps               +20 bps     +10 bps   +90 bps   -80 bps     +40 bps
47     February 14th, 2013     2012 Full Year Results
Product Groups
      % OG
       % RIG
                               8.9
                                                                                                           7.0
                                                           5.7                               4.8
                               6.0                                          1.4                            4.0
                                                           1.2                               2.8
                                                                            -0.2
                      Powdered &                       Milk Products   Prepared Dishes   Confectionery   PetCare
                   Liquid Beverages                    & Ice Cream      & Cooking Aids

        Sales                 20.0                         18.6             14.4             10.4         10.8
      CHF bn rounded

     TOP Margin               22.5%                      15.1%             14.1%            17.1%         20.4%
                             -20 bps                    +140 bps          -40 bps          +30 bps       -20 bps
48     February 14th, 2013    2012 Full Year Results

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2012 Full-Year Results

  • 1. 2012 Full Year Results Wan Ling Martello Chief Financial Officer Roddy Child-Villiers Head of Investor Relations February 14th, 2013 2012 Full Year Results
  • 2. Disclaimer This presentation contains forward looking statements which reflect Management’s current views and estimates. The forward looking statements involve certain risks and uncertainties that could cause actual results to differ materially from those contained in the forward looking statements. Potential risks and uncertainties include such factors as general economic conditions, foreign exchange fluctuations, competitive product and pricing pressures and regulatory developments. 1 February 14th, 2013 2012 Full Year Results
  • 3. 2012 Commitments Financial Efficiencies Strategic Delivered the CHF 1.5 bn+ Nestlé Model SKUs -14% Sustainable Capital dividend policy efficiencies 2 February 14th, 2013 2012 Full Year Results
  • 4. 2012 Results Overview Sales Trading Cash Flow Operating Profit CHF 92.2 bn CHF 14.0 bn CHF 15.8 bn +CHF 8.6 bn +CHF 1.5 bn +CHF 5.6 bn +5.9% OG 15.2% +55% +3.1% RIG +20 bps Delivering the Nestlé Model 3 February 14th, 2013 2012 Full Year Results
  • 5. Trading Operating Profit Margin +20 -30 TOP 15.2% -20 +70 +20 bps +20 +30 TOP 15.0% 0 0 +100 FY 2011 Other COGS Distribution Marketing Admin. R&D Net Other FY 2012 Revenue Trading Expense TOP = Trading Operating Profit 4 February 14th, 2013 2012 Full Year Results
  • 6. Trading Operating Profit Margin +20 -30 TOP 15.2% +70 +30 -20 +20 +20 bps Consumer facing marketing TOP 15.0% 0 0 +8% +100 in constant currency FY 2011 Other COGS Distribution Marketing Admin. R&D Net Other FY 2012 Revenue Trading Expense TOP = Trading Operating Profit 5 February 14th, 2013 2012 Full Year Results
  • 7. Trading Operating Profit Margin +20 -30 Administration Expenses impact on -20 +70 +20 TOP 15.2% +20 bps Trading Operating Profit +30 TOP 15.0% 0 0 +80 +70 +100 +50 Increase in bps Decrease -20 in bps -30 2008 2009 2010 2011 2012 FY 2011 Other COGS Distribution Marketing Admin. R&D Net Other FY 2012 Revenue Trading Expense TOP = Trading Operating Profit; 6 February 14th, 2013 2012 Full Year Results
  • 8. Income Statement As % of sales Difference in Full Year Full Year basis points/% 2011 2012 (rounded) Trading operating profit 15.0 15.2 +20 Net other operating income/expense (0.1) (0.1) Operating profit 14.9 15.1 +20 Net financial income/expense (0.5) (0.5) Profit before taxes and associates 14.4 14.6 +20 Taxes (3.7) (3.7) Share of results of associates 1.0 1.1 +10 Profit for the year 11.7 12.0 +30 Attributable to non-controlling interests (0.4) (0.5) -10 Attributable to shareholders of the parent 11.3 11.5 +20 Underlying EPS (CHF) constant currencies +7.5% 7 February 14th, 2013 2012 Full Year Results
  • 9. Operating cash flow and working capital  Operating cash flow up 50% to CHF15.8 bn  Working capital the key driver  Long term W/C trend shows clear improvement  2012 W/C performance in part due to comparatives 1) 2) 2005 2006 2007 2008 2009 2010 2011 2012 TNWC as % of sales Notes: Continuing Operations 1) Excluding Hsu Fu Chi and Yinlu; 2) Excluding Wyeth Nutrition 8 February 14th, 2013 2012 Full Year Results
  • 10. Net Debt -0.2 CHF bn -6.2 + 9.9 -10.9 + 2.8 + 0.7 b) - 18.2 - 14.3 Net debt Treasury shares Acquisition Dividends Exchange rates Free Cash Flow LT financial Net debt a) January 1st (net) net & other investments December 31st disposals (incl. Minority) a) Mainly bonds and Asian equities reclassified to Liquid assets/Net debt because are due to be realised within one year b) Adjusted Net Debt including LT Treasury investment amounts to CHF 17.7 bn 9 February 14th, 2013 2012 Full Year Results
  • 11. FY 2012 restatement for new accounting standards: IAS 19 (Pensions) and IFRS 11 (JVs) Reported Restated (estimates) Publication of 2012 restated numbers Sales 92.2 bn 89.7 bn -2.5 bn (JVs)  Before Q1 2013 sales announcement: Q1 and 9 month 2012: TOP 15.2 % 15.0 % -20 bps - Sales by Operating segments/Products H1 and FY 2012: Profit for 11.06 bn 10.68 bn -0.38 bn (Pensions) - Income Statement, Balance Sheet and the Year Cash Flow Basic - Full disclosure by Operating segments/ CHF 3.33 CHF 3.21 -0.12 CHF (Pensions) EPS Products No material impact FCF 9.9 bn 9.9 bn on Cash Flow TOP = Trading Operating Profit; JVs = Joint Ventures 10 February 14th, 2013 2012 Full Year Results
  • 12. Summary  Good broad-spread results  Delivering performance today while investing for the future  Increased investment behind our brands  Improved cash flow  Double-digit growth in earnings per share  Nestlé model achieved  Dividend increased to CHF 2.05 per share 11 February 14th, 2013 2012 Full Year Results
  • 13. Billionaire Brands +7% OG OG figure excludes Yinlu, Hsu Fu Chi and Wyeth Nutrition 12 February 14th, 2013 2012 Full Year Results
  • 14. Asia, Americas Europe Oceania & Africa Sales (CHF) 41 bn 26 bn 25 bn OG +5.9% +2.4% +10.3% RIG +1.8% +1.5% +7.5% * Each region includes Zones, Nestlé Waters, Nestlé Nutrition, Nestlé Professional, Nespresso, NHSc and JVs; OG = Organic Growth, RIG = Real Internal growth 13 February 14th, 2013 2012 Full Year Results
  • 15. Developed Markets 57% of CHF 52.9 bn +2.5% OG Group sales 14 February 14th, 2013 2012 Full Year Results
  • 16. Developed Markets Delivering Growth in 2012 15 February 14th, 2013 2012 Full Year Results
  • 17. Developed Markets Delivering Growth in 2012 16 February 14th, 2013 2012 Full Year Results
  • 18. Developed Markets Delivering Growth in 2012 17 February 14th, 2013 2012 Full Year Results
  • 19. Developed Markets Delivering Growth in 2012 18 February 14th, 2013 2012 Full Year Results
  • 20. Developed Markets Delivering Growth in 2012 19 February 14th, 2013 2012 Full Year Results
  • 21. Developed Markets Delivering Growth in 2012 20 February 14th, 2013 2012 Full Year Results
  • 22. Developed Markets Delivering Growth in 2012 21 February 14th, 2013 2012 Full Year Results
  • 23. Developed Markets Delivering Growth in 2012 22 February 14th, 2013 2012 Full Year Results
  • 24. Developed Markets Driving growth in 2013 and beyond 23 February 14th, 2013 2012 Full Year Results
  • 25. Developed Markets Driving growth in 2013 and beyond 24 February 14th, 2013 2012 Full Year Results
  • 26. Developed Markets Driving growth in 2013 and beyond 25 February 14th, 2013 2012 Full Year Results
  • 27. Developed Markets Driving growth in 2013 and beyond 26 February 14th, 2013 2012 Full Year Results
  • 28. Developed Markets Driving growth in 2013 and beyond 27 February 14th, 2013 2012 Full Year Results
  • 29. Developed Markets Driving growth in 2013 and beyond 28 February 14th, 2013 2012 Full Year Results
  • 30. Developed Markets CARBON DISCLOSURE PROJECT Nestlé in Society 29 February 14th, 2013 2012 Full Year Results
  • 31. Emerging Markets 43% of CHF 39.3 bn +11% OG Group sales 30 February 14th, 2013 2012 Full Year Results
  • 32. Emerging Markets Delivering Growth in 2012 31 February 14th, 2013 2012 Full Year Results
  • 33. Emerging Markets Delivering Growth in 2012 32 February 14th, 2013 2012 Full Year Results
  • 34. Emerging Markets Delivering Growth in 2012 33 February 14th, 2013 2012 Full Year Results
  • 35. Emerging Markets Delivering Growth in 2012 34 February 14th, 2013 2012 Full Year Results
  • 36. Emerging Markets Delivering Growth in 2012 35 February 14th, 2013 2012 Full Year Results
  • 37. Emerging Markets Delivering Growth in 2012 36 February 14th, 2013 2012 Full Year Results
  • 38. Emerging Markets Driving growth in 2013 and beyond 37 February 14th, 2013 2012 Full Year Results
  • 39. Emerging Markets Driving growth in 2013 and beyond 38 February 14th, 2013 2012 Full Year Results
  • 40. Emerging Markets Driving growth in 2013 and beyond 39 February 14th, 2013 2012 Full Year Results
  • 41. Emerging Markets Driving growth in 2013 and beyond 40 February 14th, 2013 2012 Full Year Results
  • 42. Emerging Markets Nestlé in Society 41 February 14th, 2013 2012 Full Year Results
  • 43. Delivered in 2012; well set for ‘13 & beyond  Delivered Organic growth and TOP margin improvement  Increased EPS and Cash flow  Grew in Emerging and Developed markets  Grew in PPPs and Premium  Investing in our brands and routes to market  Creating value for society and shareholders Nestlé Model reconfirmed for 2013 42 February 14th, 2013 2012 Full Year Results
  • 44. 2012 Full Year Results Discussion 43 February 14th, 2013 2012 Full Year Results
  • 45. Appendix 44 February 14th, 2013 2012 Full Year Results
  • 46. Translational Impact of Swiss Franc Weighted Average Exchange Rates CHF per FY 2011 FY 2012 (%) US Dollar (1) 0.89 0.94 +5.8 Euro (1) 1.23 1.21 -2.2 £ Sterling (1) 1.42 1.49 +4.7 Real (100) 52.94 47.96 -9.4 Mex. Peso (100) 7.12 7.14 +0.2 Yen (100) 1.12 1.17 +4.2 45 February 14th, 2013 2012 Full Year Results
  • 47. FX Impact on All Businesses (%) 1Q12 HY12 9m 2012 FY12 Zone Americas -4.2 -0.8 +3.5 +2.7 Zone Europe -5.9 -4.4 -1.2 -0.9 Zone AOA -3.8 -0.6 +3.5 +2.8 Nestlé Waters -4.5 -0.5 +3.8 +3.2 Nestlé Nutrition -5.3 -2.6 +1.4 +1.0 Other -4.4 -2.4 +1.3 +1.0 Total -4.6 -1.8 +2.2 +1.7 46 February 14th, 2013 2012 Full Year Results
  • 48. Operating Segments % OG % RIG 8.4 8.7 6.4 6.7 5.2 1.8 5.9 4.9 6.5 3.0 1.1 0.6 Zone Zone Zone Nestlé Nestlé Other Europe Americas AOA Waters Nutrition Sales 15.4 28.9 18.9 7.2 7.9 13.9 CHF bn rounded TOP Margin 15.7% 18.6% 19.0% 8.9% 19.2% 17.2% +10 bps +20 bps +10 bps +90 bps -80 bps +40 bps 47 February 14th, 2013 2012 Full Year Results
  • 49. Product Groups % OG % RIG 8.9 7.0 5.7 4.8 6.0 1.4 4.0 1.2 2.8 -0.2 Powdered & Milk Products Prepared Dishes Confectionery PetCare Liquid Beverages & Ice Cream & Cooking Aids Sales 20.0 18.6 14.4 10.4 10.8 CHF bn rounded TOP Margin 22.5% 15.1% 14.1% 17.1% 20.4% -20 bps +140 bps -40 bps +30 bps -20 bps 48 February 14th, 2013 2012 Full Year Results