Saab 2012 Annual Report Download - page 124

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NOTE 49 Exchange Rates used in Financial Statements
Year-end rate Average rate
Country 2012 2011 2012 2011
Australia AUD 1 6.77 7.03 7.02 6.70
Denmark DKK 100 115.52 120.33 116.96 121.26
Euro EUR 1 8.62 8.94 8.71 9.03
Canada CAD 1 6.55 6.78 6.78 6.57
Norway NOK 100 116.72 115.05 116.41 115.87
Switzerland CHF 1 7.13 7.36 7.22 7.35
UK GBP 1 10.49 10.68 10.73 10.41
South Africa ZAR 100 76.61 85.08 82.75 89.72
Czech Republic CZK 100 34.36 34.64 34.64 36.76
USA USD 1 6.52 6.92 6.78 6.50
NOTE 50 Definitions of Key Ratios
Capital employed
Total capital less non-interest-bearing liabilities.
Capital turnover
Sales divided by average capital employed.
Cash flow from operating activities per share
Cash ow from operating activities divided by the average number of shares
aer dilution.
Earnings per share
Net income for the year attributable to Parent Company shareholders’
interest , divided by the average number of shares before and aer full
dilution. ere is no dilution impact if the result is negative.
EBITDA margin
Operating income before depreciation, amortisation and impairments less
depreciation and impairments of lease aircras as a percentage of sales.
Equity/assets ratio
Equity in relation to total assets.
Equity per share
Equity attributable to the Parent Company’s shareholders divided by the
number of shares, excluding treasury shares, at the end of the year.
Gross margin
Gross income as a percentage of sales.
Interest coverage ratio
Operating income plus nancial income divided by nancial expenses.
Net liquidity/net debt
Liquid assets, short-term investments and interest-bearing receivables less
interest-bearing liabilities and provisions for pensions.
Operating cash flow per share
Operating cash ow divided by the average number of shares aer dilution.
Operating margin
Operating income as a percentage of sales.
Profit margin
Operating income plus nancial income as a percentage of sales.
Return on capital employed
Operating income plus nancial income as a percentage of average capital
employed.
Return on equity
Net income for the year as a percentage of average equity.
FINANCIAL INFORMATION > NOTES
120 SAAB ANNUAL REPORT 2012