Notes to the Consolidated Financial Statements

30. The group's key financial ratios 

€ 000

2012

2011

2010

2009

2008

Extent of business

 

 

 

 

 

Net sales, € 000

100,448 121,940 130,825 120,335 123,203

  - change on previous year, %

-17,6% -6.8% 9% -2% 16%

Gross capital expenditure, € 000

802 2,733 1,965 1,342 2,512

  - % of net sales

1% 2% 2% 1% 2%

Capitalisation for research and development 

- - -

-

-

  - % of net sales

0% 0% 0% 0% 0%

Number of personnel, 31 December

982 1,175 1,558 1,471 1,337

Average number of personnel

1,025 1,453 1,508 1,387 1,314

 

 

 

 

 

 

Profitability

 

 

 

 

 

Operating profit, € 000

6,884 -22,168 17,164 -7,796 13,437

  - % of net sales

7% -18% 13% -6% 11%

Net profit, € 000

4,024 -22,452 17,164 -13,664 7,409

  - % of net sales

4% -18% 13% -11% 6%

Return on equity, %

10% -42% 18% -21% 11%

Return on investment, %

11% -29% 19% -7% 11%
 

 

 

 

 

 

Financing and financial standing

 

 

 

 

 

Loans from financial institutions, € 000

19,849 21,872 23,316 30,429 56,950

Cash and cash equivalents, € 000

8,823 8,170 9,682 10,469 18,879

Gearing, %

28% 34% 20% 34% 53%

Equity ratio, %

53% 48% 59% 52% 47%

Cash flow from operations, € 000

19,946 8,842 11,066 20,232 15,473

Dividends (paid), € 000

2,077 5,577 2,885 1,025 2,041

Earnings per share, EUR undiluted

0.19 -1.08 0.56 -0.67 0.36

Earnings per share, EUR diluted

0.19 -1.08 0.56 -0.67 0.36

Equity per share 

2.01 1.90 3.23 2.79

 3.46

Dividend per share (proposal for 2012)

0.10 0.10 0.27 0.14 0.05

Dividend payout ratio

53% -

48%

- 14%

Effective dividend yield

4% 4% 5% 4% 3%

Price/earnings ratio (P/E)

13.79 -

8.98

- 5.17

Lowest share price

2.28 2.30 3.38 1.39 1.73

Highest share price

3.30 5.79 5.89 3.88 3.35

Average share price

2.82 3.88 5.01 2.72 2.83

Market capitalisation

54,694 50,519 104,949 71,528 38,788

Trading volume, shares

1,652,971 7,135,305 7,260,278 9,123,589 7,321,002

Trading volume, %

8% 34% 35% 45% 36%
           

The weighted average number of shares during the accounting period, adjusted for share issues, was 20,763,388. The diluted weighted average number of shares during the period was 20,763,388. The number of shares outstanding at the end of the accounting period was 20,772,523. At the end of the fiscal year the company held 103,122 own shares.

The company had financed the purchase of 300,000 own shares for use in the incentive schemes for key personnel. At the end of the review period, Evli Bank held 12,424 of these shares. The buyback programme was terminated by the Board at its meeting on 3 February 2009.