Financial information

Five years in figures, MEUR
Net sales6,0155,8424,7784,6045,170 
of which outside Finland, %98.399.298.597.998.5 
Exports from Finland2,0601,9751,8451,7021,933 
Personnel on average17,66617,48217,46118,30719,110 
of which in Finland3,9573,8083,6873,7063,868 
Order book6,6945,9065,8595,0575,878 
From the consolidated statement of income
Depreciation, amortisation and impairment193263162174180
Share of result of associates and joint ventures9633-9 
Comparable operating result497325357275457 
as a percentage of net sales, % 
Operating result402-26314234362 
as a percentage of net sales, %6.7- 
Comparable adjusted EBITA518349388308498
as a percentage of net sales, % 
Financial income and expenses-37-6-18-43-47 
Result before taxes364-32296191315 
as a percentage of net sales, %6.1- 
Result for the financial period269-59193133218 
as a percentage of net sales, %4.5- 
From the consolidated statement of financial position
Non-current assets2,5512,5562,5392,4272,518 
Current assets4,2473,9973,9823,7063,797 
Assets held for sale55429982
Total equity attributable to equity holders of the parent company2,2252,1352,3152,1772,396 
Non-controlling interests81281114 
Interest-bearing debt8589499731,3271,096 
Non interest-bearing liabilities3,7133,4893,2272,6482,824 
Liabilities directly attributable to assets held for sale-22-6868
Total equity and liabilities6,8036,6066,5236,2326,398 
From the consolidated statement of cash flows
Cash flow from operating activities822-62731681232 
Cash flow from investing activities-138-151-128-55-95
Cash flow from financing activities-308-289-580-44-256 
Gross capital expenditure149161143117122 
as percentage of net sales, % 
Research and development expenses258241196*153164 
as percentage of net sales, %*3.33.2 
Dividends paid188153142118284 
Financial ratios
Earnings per share, basic and diluted (EPS), EUR0.44-0.110.330.230.37 
Dividend per share, EUR0.32- 
Dividend per earnings, %73.20.2673.288.2130.8 
Interest coverage9.2-234.915.07.17.7 
Return on investment (ROI), % 
Return on equity (ROE), % 
Solvency ratio, %37.0-2.638.638.140.8 
Equity per share, EUR3.783.623.923.684.05 
Working capital (WCAP), EUR-169179-100257732 

The financial ratios include assets and liabilities pertaining to assets held for sale.

* Figure in the comparison period 2021 has been restated to reflect a change in the definition of research and development expenditure.    

Related information:
Calculation of financial ratios