2 Consolidated Key Figures

2 Consolidated key figures
CONSOLIDATED
KEY FIGURES
           
    2018 2017 2016 2015 2014
    IFRS IFRS IFRS IFRS IFRS
Extent of operations            
Turnover MEUR 852.8 672.0 586.1 600.2 567.2
             
Capital expenditure, gross MEUR 92.7 111.1 146.7 147.5 129.5
- % of turnover % 10.9 16.5 25.0 24.6 22.8
             
Research and development expenses MEUR 3.6 2.6 2.4 1.8 1.7
- % of turnover % 0.4 0.4 0.4 0.3 0.3
             
Personnel, average   376 352 336 319 305
Personnel at the end of period   380 355 334 315 313
             
Salaries and remunerations total MEUR 26.5 24.2 22.7 21.3 20.5
             
Profitability            
Operating profit MEUR 241.6 184.8 192.0 162.6 142.8
- % of turnover % 28.3 27.5 32.8 27.1 25.2
             
Profit before taxes MEUR 229.0 163.7 173.9 129.3 132.9
- % of turnover % 26.9 24.4 29.7 21.5 23.4
             
Return on investments (ROI) % 13.2 10.0 10.4 8.7 7.6
Return on equity (ROE) % 23.3 16.7 18.8 15.0 16.3
             
Financing and financial position            
Equity ratio % 36.6 37.8 36.4 33.5 31.0
Interest-bearing net borrowings MEUR 974.3 998.9 1,028.0 1,026.9 1,046.1
Net gearing   1.3 1.3 1.3 1.4 1.6
             
Share-specific key figures            
Profit/share 55,106.3 39,350.8 41,706.1 31,150.8 32,027.9
Dividend/A shares 67,650.00* 68,470.00 37,536.09 33,686.24 21,655.44
Dividend/B shares 24,750.00* 25,050.00 16,038.49 16,038.49 16,038.49
             
Dividend payout ratio A shares % 122.8 174.0 90.0 108.1 67.6
Dividend payout ratio series B shares % 44.9 63.7 38.5 51.5 50.1
Equity/share 232,310 240,017 230,301 213,822 200,568
             
Number of shares at 31 Dec            
– Series A shares shares 2,078 2,078 2,078 2,078 2,078
– Series B shares shares 1,247 1,247 1,247 1,247 1,247
Total shares 3,325 3,325 3,325 3,325 3,325
             

CALCULATION OF KEY FIGURES

Return of investment, %

=

Profit before taxes + interest and other finance costs

x 100

Balance sheet total - non-interest-bearing liabilities(average for the year)

Return on equity, %

=

Profit for the financial year

x 100

Equity (average for the year)

Equity ratio, %

=

Equity

x 100

Balance sheet total - advances received

Earnings per share, €

=

Profit for the financial year

 

Average number of shares

Dividends per share, €  

=

Dividends for the financial year

 

Average number of shares

Dividend payout ratio, %   

=

Dividend per share

x 100

Earnings per share 

Equity per share, €

=

Equity

 

Number of shares at closing date

Interest-bearing net borrowings, €

=

Interest-bearing borrowings - cash and cash equivalents and financial assets

 

 

 

 

 

Net gearing

=

Interest-bearing borrowings - cash and cash equivalents and financial assets

 

Equity