Ratios – definitions

Financial ratios

Definition
Operating profit and financial income divided by total capital employed multiplied by 100.

Purpose
The key figure shows the business' return on the capital that owners and lenders have made available. The purpose is to show the Group's return regardless of financing.

Definition
Operating profit before depreciation and write-downs.

Purpose
The key figure is used to follow up the company's results generated by operating activities and facilitates comparisons of profitability between different companies and industries.

Definition
Operating profit and EBITDA adjusted for items affecting comparability.

Purpose
The adjustment of items affecting comparability is made to facilitate a fair comparison between two comparable time periods and to show the underlying development in the operating activities excluding non-recurring items.

Definition
Operating profit including changes in depreciation / write-downs, working capital and investments in other fixed assets (net).

Purpose
By excluding cash flow from company acquisitions and financing, an analysis of the cash flow generation in operating activities is facilitated.

Definition
Growth for comparable companies in each segment that Humana owned during the previous comparison period.

Purpose
The key figure shows the underlying sales growth in comparable companies between the different periods.

Definition
Borrowing excluding interest rate derivatives less cash and interest-bearing assets.

Purpose
Net debt is used to easily illustrate and assess the Group's opportunities to live up to financial commitments.

Definition
Interest-bearing net debt divided by EBITDA.

Purpose
The key figure shows the Group's indebtedness in relation to EBITDA. It is used to illustrate the Group's ability to live up to financial commitments.

Definition
Equity including non-controlling interests divided by total assets multiplied by 100.

Purpose
The key figure shows the proportion of assets that are financed with equity. The purpose is to be able to assess the Group's ability to pay in the long term.

Definition
Total assets less non-interest-bearing debt.

Purpose
The key figure shows the part of the company's assets that is financed by interest-demanding capital.

Other financial ratios

Equity attributable to owners of the parent company divided by the number of shares outstanding after the end of the period after redemptions, repurchases and new issues.

Definition
Calculated as an average of the number of outstanding ordinary shares on a daily basis after redemption and repurchase.

Definition
Calculated on average equity attributable to the Parent Company's shareholders per quarter, calculated from opening and closing balance per quarter.

Definition
Items that are not expected to return and that make it difficult to compare between two given periods.

Definition
The average number of full-time employees during the reporting period.

Definition
Average number of customers during the period.

Definition
Profit for the period attributable to the parent company's shareholders decreased by the period's share of the fixed dividend to preference shares divided by the average number of ordinary shares. Defined in IFRS.

Definition
Profit before financial items and tax.

Definition
Operating profit divided by operating income multiplied by 100.