Business Context and Reporting Period
Company: Fresenius Medical Care AG & Co. KGaA
Filing Type: Form 6-K (Report of Foreign Private Issuer)
Filing Date: July 30, 2013
Reporting Period: Second Quarter ended June 30, 2013
This filing serves to announce the Company's second-quarter 2013 results via an Investor News release furnished as Exhibit 99.1. The registrant files annual reports under Form 20-F.
Key Financial Metrics
The provided text does not contain specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. The filing explicitly states that the detailed financial results, including GAAP and non-GAAP measures, are contained within the attached Investor News (Exhibit 99.1).
Non-GAAP Measures Discussed:
- EBITDA: Operating income excluding interest, taxes, depreciation, and amortization.
- Free Cash Flow: Used to supplement GAAP results.
The filing notes that reconciliations between these non-GAAP measures and the most comparable GAAP measures are included in the attached Investor News and the Cash Flow Statement.
Material Changes
The filing text does not provide specific data regarding material changes versus the prior comparable period. It references the attached Investor News for the full presentation of consolidated financial results.
Guidance, Outlook, and Risks
Management Commentary: Management states that non-GAAP measures are provided to enhance the user's understanding of current financial performance and future prospects. They emphasize that these measures provide consistency and comparability with prior periods.
Regulatory Disclaimer: The filing includes a standard disclaimer that the attached Exhibit shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 and is not subject to the liabilities of that section. It also states that non-GAAP measures should not be used as a substitute for GAAP financial measures.
Investor Verification Checklist
- Review Exhibit 99.1 (Investor News) for specific Q2 2013 revenue, EBITDA, and free cash flow figures.
- Verify the reconciliation of non-GAAP measures to GAAP measures as referenced in the Cash Flow Statement.
- Confirm the specific year-over-year growth rates and margin changes detailed in the attached press release.
- Check for any specific guidance or outlook updates for the full year 2013 contained in the Investor News.