Calculation of key figures

EVA:
operating profit - cost calculated on invested capital (average of four quarters) before taxes
WACC 2016: 6.56%
WACC 2015: 6.51%
WACC 2014: 6.58%
WACC 2013: 6,50%
WACC 2012: 7.10%
WACC 2011: 7.70%
WACC 2010: 8.70%
WACC 2009: 9.40%
WACC 2008: 9.30%
WACC 2006-2007: 8.75%
 
Return on equity, % (ROE):
profit for the period / equity (average) x 100
 
Return on investment, % (ROI):
(profit before tax + finance costs) / (balance sheet total - non-interest-bearing liabilities (average)) x 100
 
Equity ratio, %:
equity / (balance sheet total - advances received) x 100
 
Gearing, %:
interest-bearing liabilities / equity x 100
 
Net interest-bearing liabilities:
Interest-bearing liabilities - liquid assets
 
Earnings per share:
profit attributable to equity holders of the parent company / adjusted average basic number of shares
 
Earnings per share, diluted:
profit attributable to equity holders of the parent company / adjusted average diluted number of shares
 
Equity per share:
equity attributable to equity holders of the parent company / adjusted basic number of shares at the balance sheet date
 
Dividend per share*:
dividend for the financial period / share issue adjustment factor for issues made after the financial period
 
Dividend/earnings ratio %*:
dividend per share / earnings per share x 100
 
Effective dividend yield, %*:
dividend per share / closing price of the financial period x 100
 
Price/earnings ratio:
closing price of the financial period / earnings per share
 
Cash flows from operating activities per share:
cash flows from operating activities as in the cash flow statement / adjusted average  basic number of shares
 
Market capitalisation of shares:
basic number of shares at the balance sheet date x closing price of the financial period 
 
Operating profit excluding non-recurring and imputed items:
operating profit +/- non-recurring and imputed items
 
*The calculations are also applied on capital repayment.