
^{1} ^{ }Excluding restructuring payments.
^{3} Accumulated weighted average.
Definitions of key data terms
Organic growth:
Change in sales for comparable units after adjustments for acquisitions and exchangerate effects.
Gross margin (EBITDA):
Operating income before depreciation and
amortization as a percentage of sales.
Operating margin (EBIT):
Operating income as a percentage of sales.
Profit margin (EBT):
Income before tax as a percentage of sales.
Operating cash flow:
See consolidated operating cash flow for
definitions. Net capital expenditure:
Investments in fixed assets less disposals of
fixed assets. Depreciation:
Depreciation/amortization of tangible and
intangible fixed assets.
Net debt:
Interestbearing liabilities less interestbearing
assets.
Capital employed:
Total assets less interestbearing assets and noninterestbearing liabilities including deferred tax liability.
Equity ratio:
Shareholders' equity as a percentage of total assets.
Interest coverage ratio:
Income before tax plus net interest divided by net
interest.
Return on shareholders' equity:
Net income excluding minority interests, plus interest expenses after tax for convertible debenture loans, as a percentage of average shareholders' equity (excluding minority interests) after dilution.
Return on capital employed:
Income before tax plus net interest as a percentage of average capital employed.
Earnings per share after tax and before
dilution:
Net income excluding minority interests divided by weighted average number of shares before dilution.
Earnings per share after tax
and dilution:
Net income excluding minority interests, plus interest expenses after tax for convertible debenture loans, divided by weighted average number of shares after dilution.
Cash earnings per share after tax
and dilution:
Net income plus interest expenses after tax for
convertible debenture loans, plus depreciation
and amortization, less share of earnings in associates and adjustments for changes in deferred tax, divided by weighted average number of shares after dilution.
Shareholders' equity per share
after dilution:
Equity excluding minority interests, plus convertible debenture loan, divided by number of shares after dilution.
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^{1} ^{ }Excluding restructuring payments.
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^{3} Accumulated weighted average.
Definitions of key data terms
Organic growth:
Change in sales for comparable units after adjustments for acquisitions and exchangerate effects.
Gross margin (EBITDA):
Operating income before depreciation and
amortization as a percentage of sales.
Operating margin (EBIT):
Operating income as a percentage of sales.
Profit margin (EBT):
Income before tax as a percentage of sales.
Operating cash flow:
See consolidated operating cash flow for
definitions. Net capital expenditure:
Investments in fixed assets less disposals of
fixed assets. Depreciation:
Depreciation/amortization of tangible and
intangible fixed assets.
Net debt:
Interestbearing liabilities less interestbearing
assets.
Capital employed:
Total assets less interestbearing assets and noninterestbearing liabilities including deferred tax liability.
Equity ratio:
Shareholders' equity as a percentage of total assets.
Interest coverage ratio:
Income before tax plus net interest divided by net
interest.
Return on shareholders' equity:
Net income excluding minority interests, plus interest expenses after tax for convertible debenture loans, as a percentage of average shareholders' equity (excluding minority interests) after dilution.
Return on capital employed:
Income before tax plus net interest as a percentage of average capital employed.
Earnings per share after tax and before
dilution:
Net income excluding minority interests divided by weighted average number of shares before dilution.
Earnings per share after tax
and dilution:
Net income excluding minority interests, plus interest expenses after tax for convertible debenture loans, divided by weighted average number of shares after dilution.
Cash earnings per share after tax
and dilution:
Net income plus interest expenses after tax for
convertible debenture loans, plus depreciation
and amortization, less share of earnings in associates and adjustments for changes in deferred tax, divided by weighted average number of shares after dilution.
Shareholders' equity per share
after dilution:
Equity excluding minority interests, plus convertible debenture loan, divided by number of shares after dilution.
