ITAB - Definitions

Operating margin: Operating profit in relation to sales.

Profit margin: Profit after financial items in relation to sales.

Return on equity: The profit for the year attributable to the Parent Company's shareholders in relation to average equity attributable to the Parent Company's shareholders.

Return on total capital: Profit after financial items plus financial expenses in relation to average total capital.

Return on capital employed: Income after financial items plus financial expenses in
relation to average balance sheet total minus non interest-bearing liabilities and interest-bearing assets.

Interest coverage ratio: Profit after financial items plus financial expenses in relation to financial expenses.

Equity/assets ratio: Equity in relation to total capital.

Portion of risk-bearing capital: Equity plus provisions for taxes as well as convertible debenture loans in relation to total capital.

Earnings per share: Net profit for the year attributable to the Parent Company's shareholders in relation to average number of shares.

Equity per share: Equity at the end of the period attributable to the Parent Company's shareholders in relation to the number of shares at the end of the period.

Direct yield: Proposed dividend in relation to the share price on the closing day.

Discount rate (WACC): Weighted Average Cost of Capital – weighted required return for equity and borrowed capital against the company's future earnings.

Average no. of employees: Number of working hours divided by normal annual working time.