Key financial figures

Updated
Income statement

  Year

2018

  Year

2017

 Year

2016

Year

2015*

Year

2014*

Total income 871  793 930 3 173 3 693

Operating profit before amortisation

and impairment (EBITDA)

78 198   116 398   566
Operating profit (EBIT) 36 176    94 165    381
Profit/(loss) before tax (86) 253  151  48  273 
Net profit/(loss) (75) (2)  251  57  292 

Net profit/(loss) after non-controlling

interests

(69) (64)  201  54  241 
Balance sheet

31.12

2018

31.12

2017

31.12

2016

31.12

2015

31.12 

2014

Non current assets 2 467 2 637 3 781 3 566 3 687
Current assets 612  636 914 1 120 1 152
Equity 2 017  2 188 2 492 2 206 2 329
Interest-bearing debt                         533  601 1 533 1 660 1 693
Total assets 3 079  3 273 4 695 4 686 4 839
Key figures per share

Year

2018

Year

2017

Year

2016

Year

2015

Year
2014

Basic earnings per share (1)               (1.48)  (1.38) 4.34 1.16 5.20
EBITDA flow per share (2) 1.68  4.26 2.51 8.55* 12.18*
Key financial figures                      

Year

2018

Year

2017

Year

2016

Year

2015

Year
2014
Cash flow from operations(3) 62  70 420 258 241
 

 

31.12

2018

 

31.12

2017

 

31.12

2016

 

31.12

2015

 

31.12

2014

Liquid funds (4) 227  268 580 638 688
Liquidity ratio (5)
1.3  1.4 1.9 1.7 2.1
Equity ratio (6) 66%  67% 53% 47% 48%
Yield                                           

Year

2018

Year

2017

Year

2016

Year

2015

Year
2014
Return on equity (7) (4%) (3%) 11% 2% 13%

Definitions:

1. Profit for the period after non-controlling interests, divided by average number of shares outstanding.
2. EBIT for the period adjusted for depreciation and impairement of assets, divided by average number of shares outstanding.
3. Net cash flow from operating activities.
4. Cash, bank deposits and short term financial investments.
5. Current assets divided by current liabilities.
6. Equity in percent of total assets.
7. Profit after tax divided by average equity.

* Proportionate consolidation was applied for the group's important joint ventures for the period up until 2016. This is a method of accounting where the group's 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.

Cookie Policy

We use cookies for statistical analysis, to support the marketing of our services and to improve the usability of our website. By visiting our website, you consent to our and third party use of cookies as described in our privacy policy.