This web annual report has been
abridged and modified for ease of use. The complete annual
report will be released during week 13, after which you can
also download the
printable PDF version.
PROFIT MARGIN
Ordinary profit before taxes
Net Sales
TRADING VOLUME
IN %
Number of shares traded during the period
Average number of outstanding shares
CAPITAL EMPLOYED
Total assets - non-interest bearing liabilities
MARKET CAPITALISATION
*)
Number of shares x market share price at 31 Dec
RETURN ON
CAPITAL EMPLOYED
Ordinary profit before taxes + interest
expenses + other financial expenses
Average capital employed
EARNINGS PER
SHARE *)
Ordinary net profit - minority interest
Average number of shares
RETURN ON
EQUITY *)
Ordinary net profit - minority interest
Average shareholders' equity and
minority
DIVIDEND PER
EARNINGS **)
Dividend per share
Earnings per share
FREE CASH FLOW
See Cash Flow Statement
EFFECTIVE DIVIDEND
YIELD
Dividend per share
Market share price at 31 Dec
NET DEBT
Interest bearing debt - cash and bank -
short-term investments - bonds
EQUITY PER SHARE *)
Shareholders' equity
Number of shares at 31 Dec
NET GEARING *)
Net debt
Shareholders' equity + minority interest
P/E MULTIPLE
Market share price at 31 Dec
Earnings per share
INTEREST COVER
Ordinary profit before taxes + interest
expenses
Interest expenses
AVERAGE NUMBER OF EMPLOYEES
Calculated from month-end figures and
adjusted for part-time employees.
EQUITY RATIO *)
Shareholders' equity + minority interest
Total assets - advances received
INVESTMENTS
Includes corporate acquisitions.
AVERAGE TRADING
PRICE
Value of trading volume
Volume traded
SHARE ISSUE ADJUSTMENTS
The numbers of shares are fully comparable for the whole
five-year period.
*)
Effect of own shares eliminated from the date of repurchase.
**)
Dividend is weighted with respect to old and new shares.
