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| Capital employed | the total of the book value of intangible and tangible fixed assets plus inventories and receivables minus non-interest-bearing liabilities |
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| Capital expenditure | this includes all investments in tangible and intangible fixed assets as well as the acquisitions of participating interests (including goodwill paid) and other securities |
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| Divestments | this includes the divestment of tangible and intangible fixed assets as well as the sale of participating interests and other securities |
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| EBIT | earnings before interest and tax (Operating Result) |
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| EBITA | earnings before interest, tax and amortization |
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| EBITDA | earnings before interest, tax, depreciation and amortization |
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| Gearing | net debt / group equity |
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| Group equity | shareholders’ equity plus minority interests |
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| Interest coverage | EBIT / financial income and expense |
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| Net debt | interest-bearing liabilities minus cash |
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| Return on capital employed (ROI) | operating result / average capital employed |
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| Return on equity (ROE) | profit on ordinary activities after taxation as a percentage of the average shareholders’ equity |
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| Solvency ratio | group equity / balance-sheet total |
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| Total shareholder return (TSR) | capital gain plus dividends |
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| WACC | Weighted Average Cost of Capital = (group equity / operating capital) * Re + (interest-bearing liabilities / operating capital) * Rd + (provisions / operating capital) * Rd Re = after-tax cost of equity Rd = after-tax cost of debt |
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