Key figures and facts

Definitions:

1. Profit for the period after minority interests, divided by average number of shares.      
2. Earnings per share taking into consideration the number of potential outstanding shares in the period.    
3. EBIT for the period adjusted for depreciation and write down of assets, divided by average number of shares outstanding. 
4. Net cash flow from operating activities.       
5. Cash, bank deposits and short term financial investments.       
6. Current assets divided by current liabilities.       
7. Equity in per cent of total assets.       
8. Profit for the period before tax plus interest expenses (annualised), in per cent of average equity and interest-bearing debt.  
9. Profit after tax (annualised) divided by average equity.       
   

* Proportionate consolidation is applied for the group's most important joint ventures. This is a method of accounting where the groups share of each of the assets, liabilities, income and expenses of a jointly controlled entity is combined line by line with similar items in the group's financial statement.

The equity method is a method of accounting where an interest in a jointly controlled entity is initially recorded at cost and adjusted thereafter for the post-acquisition change in the group's share of net asset of the jointly controlled entity. The group's share of the joint venture's profit or loss after tax is included in the group's income statement in one line.

Please refer to the group's Annual report for further information about joint ventures.