As our investor you deserve clear information about our financials. We wish to maintain good relations with important stakeholders and help you to increase knowledge about AAK. In our interim reports we are referring to these alternative performance measures, APMs.
Proporation of risk-bearing capital
Equity, non-controlling share of equity and deferred tax liability divided by balance sheet total.
Return on shareholders’ equity
Profit/loss for the year as a percentage of average shareholders’ equity.
Return on operating capital
Operating profit divided by average operating capital.
Operating income minus cost of goods.
Share price divided by equity per share.
Dividend per share as a percentage of the share price.
Equity per share
Equity divided by average number of shares at the balance sheet date.
Capital turnover rate
Net sales divided by average operating capital.
Cash and cash equivalents
Cash and bank balances plus short-term investments with a maturity of less than three months.
Earnings per share
Profit/loss for the year divided by the average number of shares on the balance sheet date.
The total of interest-bearing liabilities minus interest-bearing assets.
Share price divided by earnings per share.
Interest coverage ratio
Operating profit/loss plus financial income divided by financial expenses.
Non-interest-bearing current assets minus non-interest-bearing liabilities excluding deferred tax.
Net debt/equity ratio
Net borrowings divided by equity including non-controlling interests.
Equity including non-controlling interests as a percentage of balance sheet total.
Total assets minus cash and cash equivalents, interest-bearing receivables and non-interest-bearing operating liabilities, but excluding deferred tax.
Dividend pay-out ratio
Dividend per share as a percentage of earnings per share.