Financial indicators (IFRS)

EUR million 2015 2014 2013 2012 2011
Net sales 1,879.0 2,044.5 2,020.1 2,267.6 2,183.9
Operations outside Finland 761.0 971.2 929.0 897.3 780.3

% of net sales 40.5 47.5 46.0 39.6 35.7
Operating profit 37.3 36.3 -89.3 50.4 44.0

% of net sales 2.0 1.8 -4.4 2.2 2.0
Profit before taxes 16.7 -1.7 -116.1 29.1 25.0

% of net sales 0.9 -0.1 -5.7 1.3 1.1
Profit for the financial year attributable
to the equity holders of the parent company
7.2 18.2 -93.7 43.9 34.7

% of net sales 0.4 0.9 -4.6 1.9 1.6







Non-current assets 261.0 307.9 362.5 343.8 351.0
Inventories 402.0 524.0 504.4 494.4 448.5
Financial assets 372.5 425.9 475.8 465.3 443.3
Equity 377.6 412.5 324.0 441.8 348.7
Non-controlling interest 0.1 0.1 0.6 0.4 1.7
Interest-bearing liabilities 254.7 347.8 407.6 371.2 431.6
Interest-free liabilities 403.1 497.5 611.0 490.6 460.7
Balance sheet total 1,035.5 1,257.8 1,342.7 1,303.5 1,242.8







Return on equity, % 1.8 4.9 -24.4 11.1 10.5
Return on investment, %* 10.2 13.5 -9.4 10.8 10.8
Return on capital employed, % 5.3 4.5 -10.8 6.4 5.5
Equity ratio, % 40.6 37.1 27.3 37.2 30.8
Gearing, % 33.6 51.8 100.8 62.8 114.5
Interest-bearing net liabilities 126.8 213.6 326.5 277.3 401.2
Gross investments 10.3 30.0 71.2 64.5 84.0

% of net sales 0.5 1.5 3.5 2.8 3.8
Order book 31.12., continuing operations 1,180.3 1,456.1 1,733.2 1,336.1 1,289.3
Personnel at the end of period, continuing operations 4,059 4,748 5,526 5,833 5,751

The effects of changes in accounting principles to the financial indicators have been adjusted for the period when the new accounting principle became applicable as well as for the preceding accounting period. Correspondingly, discontinued operations have been adjusted from the income statement items for the accounting period in which they are classified as discontinued operations, as well as for the preceding accounting period.

*Includes the effect of discontinued operations