Page 41 - EVRY Annual Report 2012

Investor Information 41
Definitions of key figures
EBITA
Profit before tax, interest and depre-
ciation and write-down of intangible
assets.
Equity ratio
Total equity capital as a percentage
of total equity and liabilities.
Gearing
Net interest-bearing liabilities divided
by total equity.
Liquid assets
Bank deposits.
Liquidity reserves
Bank deposits plus un-drawn
committed credit facilities.
Net interest-bearing liabilities
Total of current and non-current
interest-bearing liabilities less bank
deposits.
Net working capital
Inventories, accounts receivables and
other current receivables less accounts
payable, tax payable, deductions and
duties payable and other current
liabilities.
Return on invested capital (ROIC)
EBITA adjusted for non-recurring items
divided by invested capital.
Invested capital
Goodwill after any impairments,
plus net working capital plus net
non-current operational assets and
commitments (deferred tax and
provisions for restructuring are not
included as operational items).
Free cash flow
Cash fromoperations less operational
investment spending and investments in
in-house developed software.
Free cash flow return
Free cash flow divided by market
capitalisation.
Cash flow per share
Net cash flow from operations di-
vided by average number of shares
outstanding.
Average number of shares after dilution
Average number of shares outstanding
less the company’s holding of its own
shares plus the average number of new
shares equivalent to the dilution effect
of employee share options and convert-
ible loans.
Key figures by business area
NOK million 2012 2011 2010 2009 2008
IT Operations
Operating revenue 5 848 6 021 5 159 4 380 4 512
EBITA 279 322 325 365 401
EBITA-margin 4,8 % 5,4 % 6,5 % 8,3 % 8,9 %
Operational investments (CAPEX) 317 276 158 192 281
Number of employees 2 498 2 555 3 354 2 004 2 030
Solutions
Operating revenue 4 404 4 292 1 746 1 507 1 427
EBITA 392 349 6 198 207
EBITA-margin 8,9 % 8,2 % 6,6 % 13,1 % 14,5 %
Operational investments (CAPEX) 122 91 164 164 195
Number of employees 4 579 4 119 1 249 1 006 985
Consulting
Operating revenue 3 707 3 625 2 364 1 963 2 214
EBITA 234 212 165 145 194
EBITA-margin 6,3 % 5,8 % 7,1 % 7,4 % 8,8 %
Operational investments (CAPEX) 23 29 21 10 6
Number of employees 2 512 2 571 4 767 2 811 2 997