Average number of employees
Paid hours worked in relation to normal annual working hours worked in each country.
Capital employed
Balance sheet total less non-interest-bearing current liabilities and provisions as well as deferred tax liability.
Dividend yield
Dividend in relation to the average share price during the year.
EBITDA/net interest expense
Operating profit excluding items affecting comparability plus depreciation (excluding depreciation attributable to repurchase agreements) in relation to net financial items excluding items affecting comparability and the part of shares in the profits of associated companies that does not affect cash.
Equity/assets ratio
Equity in relation to balance sheet total.
Interest coverage ratio
Operating profit plus interest expense included in the business and financial income in relation to financial expenses plus interest expense included in operating expenses.
Net debt
Net debt consists of interest-bearing liabilities less cash and cash equivalents, interest-bearing current and long-term receivables and leased vehicles.
Operating margin
Operating profit in relation to net turnover.
Operational capital employed
All non-interest-bearing assets less non-interest-bearing current liabilities and provisions.
Payout ratio
Dividend in relation to profit for the year.
Price/Earnings ratio
Share price at year-end in relation to earnings per share.
Price/equity ratio
Share price at year-end in relation to equity per share.
Profit margin
Net profit for the year in relation to net turnover.
Rate of capital turnover
Net turnover in relation to average balance sheet total.
Return on capital employed
Operating profit plus interest expense included in the business and financial income in relation to average capital employed (see definition above).
Return on equity
Net profit for the year in relation to average equity.
Return on operational capital employed
Operating profit plus financial income, and a certain reduction for companies that include financing in their own Balance Sheet, in relation to average operational capital employed (see definition above).
Tax
The division of untaxed reserves into deferred tax liability and retained earnings has been done on the basis of a tax rate of 26.3 per cent.
Turnover rate of capital employed
Net turnover in relation to average capital employed.
Value added
Operating profit excluding items affecting comparability plus payroll expenses, including payroll overheads.