HKScan discloses alternative performance measures (APM) to give relevant information to stakeholders. Disclosed APMs are also used in steering the company. Items affecting comparability and related APMs are disclosed to better reflect the operational business performance and to enhance comparability between periods.
|
Return on capital employed (ROCE) before tax, last 12 months (%) |
Profit before tax + interest and other financial expenses ___________________________________________________________ x 100 Balance sheet total – non-interest-bearing liabilities (average) |
|
Equity ratio (%) |
Total equity ___________________________________________________________ x 100 Balance sheet total – advances received |
|
Net gearing ratio (%) |
Net interest-bearing liabilities __________________________________________________________ x 100 Total equity |
|
Earnings per share (EPS)* |
Profit for the period attributable to equity holders of the parent ___________________________________________________________ Average number of outstanding shares during period |
|
Equity per share |
Equity attributable to holders of the parent __________________________________________________________ Number of outstanding shares at end of period |
|
Market capitalisation |
The number of outstanding shares at the end of period x |
|
Cash flow before debt service |
Cash flow before financing activities and financial items |
|
Cash flow before investments |
Cash flow before financing activities, investment activities, financial items and taxes |
|
Employee numbers |
Average of workforce figures calculated at the end of calendar months |
|
Items affecting comparability |
One-time charges, which are not related to the normal continuing operations and materially affect the company’s finances. Examples of such expenses are: capacity adjustments (restructuring), redundancy, legal costs relating to restructuring or similar, one-time expenses related to efficiency/reorganisation programmes, significant compensations or penalties paid out due to a legal verdict or settlement, transaction fees/expenses related to business acquisitions (consultation, advisory, legal, due diligence, registration etc.) and gains/losses of business disposals. |
|
Comparable EBIT |
Operating profit – items affecting comparability |
|
Comparable profit before taxes |
Profit before taxes – items affecting comparability |
* When calculating the earnings per share, interest and issue costs of the hybrid loan, net of tax, have been reduced from profit for the period.