| |
|
12 months ended
31 December |
 |
|
|
|
|
| |
|
2008 |
|
2007 |
| RATIOS |
|
|
|
|
| Profitability and asset management |
|
|
|
|
| Return on net assets (%) |
|
39 |
|
24 |
| Return on equity attributable to owners of the parent |
|
|
|
|
| – Attributable earnings (%) |
|
30 |
|
14 |
| – Headline earnings (%) |
|
32 |
|
14 |
| Return on invested capital (%) |
|
28 |
|
16 |
| Return on capital employed (%) |
|
34 |
|
20 |
| Operating margin (%) |
|
19 |
|
14 |
| Solvency and liquidity |
|
|
|
|
| Net financing cost cover (times) – EBIT |
|
6 |
|
4 |
| Net financing cost cover (times) – EBITDA |
|
9 |
|
6 |
| Current ratio (times) |
|
2 |
|
3 |
| Net debt to equity (%) |
|
18 |
|
31 |
| Net debt to earnings before interest, tax, depreciation and amortisation (times) |
|
0,6 |
|
1,2 |
| Number of years to repay interest-bearing debt |
|
1 |
|
2 |
