Computation formulae

 

Return on equity, %

 
profit before extraordinary items, provisions and income taxes less income taxes x 100
equity + minority interest + voluntary provisions and depreciation difference less deferred tax liabilities (average)  
   

Return on capital employed, %

 
profit before extraordinary items, provisions and income taxes + interest and other financial expenses x 100
total assets less non-interest-bearing liabilities (average)  
   

Equity ratio, %

 
equity + minority interest + voluntary provisions and depreciation difference less deferred tax liabilities x 100
total assets less advances received  
   

Net gearing, %

 
net interest-bearing liabilities (= interest-bearing liabilities less liquid assets) x 100
equity  
   

Earnings per share (EPS), EUR

 
profit before extraordinary items, provisions and income taxes less income taxes +/- minority interest  
average adjusted number of shares in the financial period  
   

Equity per share, EUR

 
equity + voluntary provisions + depreciation difference less deferred tax liabilities and minority interest  
adjusted number of shares on closing date  
   

Dividend per share, EUR

 
dividend for the financial period  
adjusted number of shares on closing date  
   

Payout ratio, %

 
dividend per share x 100
earnings per share (EPS)  
   

Effective yield of shares, %

 
dividend per share x 100 x 100
adjusted average share price at year end  
   

Price/earnings (P/E), %

 
adjusted average share price at year end x 100
earnings per share  
Exel Composites Oyj, Vantaa head office, Mäkituvantie 5, FI-01510 Vantaa, Finland