In computation of key ratios where capital is related to net sales, the latter are annualized and converted at year-end exchange rates and adjusted for acquired and divested operations.
Total assets exclusive of liquid funds, pension plan assets and interest-bearing financial receivables less operating liabilities, non-interest-bearing provisions and deferred tax liabilities.
Current assets exclusive of liquid funds and interest-bearing financial receivables less operating liabilities and non-interest-bearing provisions.
Liquid funds consist of cash on hand, bank deposits, fair-value derivatives, prepaid interest expenses and accrued interest income and other short-term investments, of which the majority has original maturity of three months or less.
Interest-bearing liabilities consist of short-term and long-term borrowings.
Total borrowings consist of interest-bearing liabilities, fair-value derivatives, accrued interest expenses and prepaid interest income, and trade receivables with recourse.
Liquid funds less short-term borrowings, fair-value derivatives, accrued interest expenses and prepaid interest income and trade receivables with recourse.
Total borrowings less liquid funds.
Net borrowings in relation to equity.
Equity as a percentage of total assets less liquid funds.
Income for the period divided by the average number of shares after buy-backs.
Sales growth, adjusted for acquisitions, divestments and changes in exchange rates.
Operating income before depreciation and amortization expressed as a percentage of net sales.
Cash flow from operations and investments excluding financial items paid, taxes paid, restructuring payments and acquisitions and divestment of operations.
Profit for the period expressed as a percentage of net sales.
Income for the period expressed as a percentage of average equity.
Operating income expressed as a percentage of average net assets.
Operating income plus interest income in relation to total interest expenses.
Net sales divided by average net assets.