Alma Media > Investors > Financial information > Calculation of financial ratios
Calculation of key figures  
   
   
Return on   shareholders’ equity, % (ROE)     Profit for the periodx 100
 Shareholders’   equity + non-controlling interest (average during the year) 
   
Return on   investment, % (ROI)  Profit for the period + interest and   other financial expensesx 100
 Balance   sheet total – non-interest-bearing debt (average during the year) 
   
Equity   ratio, %                       Shareholders’ equity + non-controlling   interestx 100
 Balance sheet total – advances received 
   
Operating   profitProfit before tax and financial items 
   
Operating   profit excluding adjusted itemsProfit before tax and financial items,   excluding non-recurring items 
   
EBITDAOperating profit excluding depreciation,   amortisation and impairment losses 
   
EBITDA   excluding adjusted itemsOperating   profit excluding depreciation, amortisation, impairment losses and adjusted   items 
   
Online   sales, % of revenueOnline salesx 100
 Revenue 
   
Basic   earnings per share, €Share of net profit belonging to parent   company owners 
 Average   number of shares adjusted for share issues 
   
Diluted   adjusted earnings per share, €Share of net profit belonging to parent   company owners 
 Diluted   average number of shares adjusted for share issues 
   
Gearing,   %Interest-bearing debt – cash and bank   receivablesx 100
 Shareholders’ equity + non-controlling   interest 
   
Net   financial expenses, %Financial income and expensesx 100
  Revenue
   
Dividend   per share, €Dividend   per share approved by the Annual General Meeting With respect to the most   recent year, the Board’s proposal to the AGM 
   
Payout   ratio, %                                  Dividend/sharex 100
 Share of EPS belonging to parent company   owners 
   
Effective   dividend yield, %             Dividend/share adjusted for share issuesx 100
 Final quotation at close of period   adjusted for share issues 
   
Price/earnings   (P/E) ratio         Final quotation at close of period   adjusted for share issues 
 Share of EPS belonging to parent company   owners 
   
Shareholders’   equity per share, €Equity attributable to owners of the   parent 
 Basic number of shares at the end of period adjusted for share   issues 
   
Market   capitalisation of share stock, €Number of   shares x closing price at end of period 
   
   
   
Alternative Performance Measures  
   
Alma Media Corporation additionally uses and presents   Alternative Performance Measures to better illustrate the operative   development of its business and to improve comparability between reporting periods. The Alternative Performance Measures are reported in addition to   IFRS key figures.  
The  Alternative Performance Measures used by Alma Media Corporation are the  following:  
   
Operating   profit excluding adjusted items (MEUR and % of revenue)Profit before tax and financial items excluding adjusted items 
   
EBITDA excluding adjusted itemsOperating profit excluding depreciation, amortisation, impairment losses and adjusted items 
   
Items adjusting operating profit are income or expense arising   from non-recurring or rare events. Gains or losses from the sale or   discontinuation of business operations or assets, gains or losses from   restructuring business operations as well as impairment losses of goodwill   and other assets are recognised by the Group as adjustments. Adjustments are   recognised in the profit and loss statement within the corresponding income   or expense group.  
   
Interest-bearing net debt (MEUR)Interest-bearing debt – cash and cash equivalents