Margins
Operating margin
Operating profit excl. goodwill impairments, restructuring costs
and costs related to the takeover bid in 2008 as a percentage
of operating revenue.
[Calculation 2008: 124,620 / 1,783,133 = 7%]
Profit margin
Net result for the year as a percentage of operating revenue.
[Calculation 2008: -272,781 / 1,783,133 = -15.3%]
Management effectivenes
Return on operating capital
Operating profit as a percentage of average operating capital.
[Calculation 2008: -172,613 / ((1,926,624 + 2,019,952) / 2) = neg]
Return on operating capital excl. goodwill impairments, restructuring
costs and costs related to the takeover bid in 2008
Operating profit excl. goodwill impairments, restructuring costs
and costs related to the takeover bid in 2008 as a percentage
of average operating capital.
[Calculation 2008: 124,620 / ((1,926,624 + 2,019,952) / 2) = 6%]
Return on equity
Net result for the year as a percentage of average shareholder’s
equity.
[Calculation 2008: -272,781 / ((1,090,385 + 1,285,573) / 2) = neg]
Capital structure
Operating capital
Operating assets less operating liabilities excl. tax assets and
tax liabilities.
[Calculation 2008: (2,552,595 – 63,296) – (738,215 –
175,540) = SEK 1,926,624 thousand]
Equity/assets ratio
Shareholder’s equity as a percentage of total assets.
[Calculation 2008: 1,090,385 / 2,728,698 = 40%]
Interest-bearing net debt
Financial liabilities less financial assets.
[Calculation 2008: 900,074 – 176,087 = SEK 723,987 thousand]
Debt/equity ratio
Interest bearing net debt divided by shareholder’s equity
[Calculation 2008: 723,987 / 1,090,385 = 66%]
Interest coverage
Result after financial items plus interest expenses and goodwill
impairment divided by interest expenses.
[Calculation 2008: (-223,321 + 49,898 + 240,843) / 49,898 = 1.4]
Cash flow
Free cash flow
Cash flow from operating activities less net investments in other
fixed assets.
[Calculation 2008: 113,739 – 108,960 + 15,658 = SEK 20,437 thousand]
Operating cash flow
Cash flow from operating activities excl. restructuring expenses,
excl. the net of interest and dividend as well as income tax paid
less investments in other fixed assets plus divestments of other
fixed assets.
[Calculation 2008: 113,739 + 60,975 + 8,577 + 45,682 –
108,960 + 15,658 = SEK 135 671 thousand]
Personnel
Value-added per employee
Operating profit excl. goodwill impairments, restructuring costs
and costs related to the takeover bid in 2008 plus staff costs
divided by the average number of employees.
[Calculation 2008: (124,620 + 1,054,992 / 2,503 = SEK 471 thousand]
Data per share
Average number of shares
Weighted average of the number of shares during the report
period. [Calculation 2008: (74,544,418 * 365) / (365 * 1000) = 74,544, thousand]
Potential shares
Shares added through the future exercise of warrants,
convertible debenture loans and employee stock options and
which therefore have a dilution effect, i.e., where the discounted
subscription price is lower than the stock’s average market
price during the report period. [Calculation 2008: 0 + 0 + 0 = 0, thousand]
Earnings per share before dilution
Net profit for the year divided by the average number of shares.
[Calculation 2008: -272,781 / 74,544 = SEK -3.66]
Earnings per share after dilution
Net profit for the year taking into account the profit effect of
potential shares divided by the average number of shares taking
into account potential shares.
[Calculation 2008: (-272,781 + 0) / (74,544 + 0) = SEK -3.66]
Operating cash flow per share
Operating cash flow divided by the average number of shares
before dilution. [Calculation 2008: 135,671 / 74,544 = SEK 1.82]
Equity per share
The closing balance of shareholders’ equity divided by the
number of shares at year-end. [Calculation 2008: 1,090,385 / 74,544 = SEK 14.63]
Equity per share after dilution
The closing balance of shareholders’ equity adjusted for the
effect of potential shares divided by the number of shares at
year-end taking into account potential shares.
[Calculation 2008: (1,090,385 + 0) / (74,544 + 0) = SEK 14.63]
Dividend per share
Approved or proposed dividend amount divided by the number
of shares entitled to dividends. [Calculation 2008: 0 / 74,544 = SEK 0]