| Five years in figures | |||||||
| Restated | Restated | ||||||
| MEUR | 2015 | 2014 | 2013* | 2012** | 2011 | ||
| Net sales | 5 029 | 4 779 | 4 607 | 4 725 | 4 209 | ||
| of which outside Finland | % | 97.8 | 98.9 | 99.0 | 98.8 | 99.3 | |
| Exports from Finland | 1 936 | 2 280 | 2 306 | 2 349 | 2 458 | ||
| Personnel on average | 18 565 | 18 042 | 18 339 | 18 930 | 17 708 | ||
| of which in Finland | 3 580 | 3 582 | 3 662 | 3 599 | 3 421 | ||
| Order book | 4 882 | 4 530 | 4 311 | 4 492 | 4 007 | ||
| From the consolidated statement of income | |||||||
| Depreciation, amortisation and impairment | 124 | 115 | 120 | 139 | 113 | ||
| Share of result of associates and joint ventures | 17 | 26 | 28 | 9 | 8 | ||
| Operating result before non-recurring items | 612 | 569 | 557 | 517 | 469 | ||
| as a percentage of net sales | % | 12.2 | 11.9 | 12.1 | 10.9 | 11.1 | |
| Operating result | 587 | 522 | 537 | 483 | 445 | ||
| as a percentage of net sales | % | 11.7 | 10.9 | 11.7 | 10.2 | 10.6 | |
| EBITA | 643 | 594 | 589 | 552 | 485 | ||
| as a percentage of net sales | % | 12.8 | 12.4 | 12.8 | 11.7 | 11.5 | |
| Financial income and expenses | -34 | -28 | -19 | -31 | -16 | ||
| Net income from available-for-sale financial assets | - | - | 25 | 1 | - | ||
| Profit before taxes | 553 | 494 | 544 | 453 | 429 | ||
| as a percentage of net sales | % | 11.0 | 10.3 | 11.8 | 9.6 | 10.2 | |
| Profit for the financial period from the continuing operations | 429 | 389 | 425 | - | - | ||
| Profit/loss for the financial period from the discontinued operations | 22 | -37 | -31 | - | - | ||
| Net profit for the financial period | 451 | 351 | 393 | 344 | 293 | ||
| as a percentage of net sales | % | 9.0 | 7.4 | 8.5 | 7.3 | 7.0 | |
| From the consolidated statement of financial position | |||||||
| Non-current assets | 2 215 | 1 884 | 1 935 | 2 000 | 1 577 | ||
| Current assets | 3 374 | 3 294 | 3 274 | 3 036 | 3 023 | ||
| Assets held for sale | - | 102 | - | - | - | ||
| Total equity attributable to equity holders of the parent company | 2 201 | 1 960 | 1 844 | 1 766 | 1 636 | ||
| Non-controlling interests | 41 | 45 | 40 | 26 | 30 | ||
| Interest-bearing debt | 724 | 666 | 665 | 794 | 652 | ||
| Non-interest-bearing liabilities | 2 623 | 2 554 | 2 660 | 2 451 | 2 282 | ||
| Liabilities directly attributable to assets held for sale | - | 55 | - | - | - | ||
| Total equity and liabilities | 5 589 | 5 280 | 5 209 | 5 036 | 4 600 | ||
| From the consolidated statement of cash flows | |||||||
| Cash flow from operating activities | 255 | 452 | 578 | 153 | 232 | ||
| Cash flow from investing activities | -288 | -71 | -79 | -471 | -166 | ||
| Cash flow from financing activities | -210 | -210 | -324 | -47 | -247 | ||
| Gross capital expenditure | 346 | 101 | 134 | 513 | 187 | ||
| as a percentage of net sales | % | 6.9 | 2.1 | 2.9 | 10.9 | 4.4 | |
| Research and development expenses | 132 | 139 | 138 | 188 | 162 | ||
| as a percentage of net sales | % | 2.6 | 2.9 | 3.0 | 4.0 | 3.8 | |
| Dividends paid | 237*** | 227 | 207 | 197 | 178 | ||
| Financial ratios | |||||||
| Earnings per share (EPS), basic and diluted | EUR | 2.25 | 1.76 | 1.98 | 1.72 | 1.44 | |
| Dividend per share | EUR | 1.20*** | 1.15 | 1.05 | 1.00 | 0.90 | |
| Dividend per earnings | % | 53.3*** | 65.4 | 53.0 | 58.1 | 62.7 | |
| Interest coverage | 15.9 | 15.9 | 18.1 | 13.9 | 14.6 | ||
| Return on investment (ROI) | % | - | 18.7 | 21.2 | 20.4 | 20.4 | |
| Return on investment (ROI), continuing operations | % | 21.0 | 20.3 | 22.6 | - | - | |
| Return on equity (ROE) | % | - | 18.0 | 21.4 | 20.1 | 17.5 | |
| Return on equity (ROE), continuing operations | % | 20.2 | 20.0 | 23.1 | - | - | |
| Solvency ratio | % | 44.6 | 43.5 | 43.9 | 41.3 | 41.3 | |
| Gearing | 0.17 | 0.05 | 0.15 | 0.32 | 0.04 | ||
| Equity per share | EUR | 11.16 | 9.94 | 9.35 | 8.95 | 8.30 | |
| Working capital (WCAP) | EUR | 543 | 251 | 313 | 465 | 235 | |
| * Figures related to the statement of income in the comparison period 2013 have been restated during year 2014 due to the two-stroke business being classified as discontinued operations. Figures in comparison periods 2011 and 2012 have not been restated. | |||||||
| ** Figures in the comparison period 2012 have been restated during year 2013 according to the revised IAS 19. Figures in comparison period 2011 have not been restated. | |||||||
| *** Proposal of the Board of Directors. | |||||||
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