Annual Report 2012 Main Figures
ANNUAL REPORT 2012 MAIN FIGURES RESULTS Mill. NOK % 2 800 35 2 400 30 2 000 25 1 600 20 1 200 15 800 10 400 5 0 0 2012 2011 2010 2012 2011 2010 EBITDA Operating revenues Profi t for the year Operating margin Return on equity Return on capital employees Def. 2012 2011 2010 INCOME STATEMENT Operating revenues NOK millions 8 946 10 684 9 345 EBITDA 1 NOK millions 2 317 2 908 2 047 Adjusted EBITDA 2 NOK millions 1 991 1 924 2 401 Operating profi t NOK millions 1 852 2 470 1 634 Profi t before tax NOK millions 1 615 2 163 1 380 Profi t for the year NOK millions 1 069 1 161 751 CASH FLOW Net cash provided by operating activities 3 NOK millions 970 2 097 226 Purchase of property, plant, equipment and intangible assets NOK millions 956 728 758 Deprecation and impairment losses NOK millions 476 449 536 Dividends paid NOK millions 653 902 900 STATEMENT OF FINANCIAL POSITION Total assets NOK millions 15 654 15 058 16 725 Equity NOK millions 4 090 3 296 3 379 Capital employed 4 NOK millions 11 312 10 324 11 000 Unrestricted liquidity 5 NOK millions 1 257 1 460 1 339 Interest-bearing liabilities NOK millions 7 222 7 028 7 621 Net interest-bearing liabilities 6 NOK millions 7 155 6 976 7 578 KEY FIGURES EBITDA margin 7 % 25,9 27,2 21,9 Operating margin 8 % 20,7 23,1 17,5 Return on equity 9 % 28,9 34,2 20,8 Return on capital employed 10 % 17,8 23,3 16,1 Return on total assets 11 % 12,5 15,7 10,6 Equity ratio 12 % 26,1 21,9 20,9 Net interest-bearing liabilities/EBITDA 3,1 2,4 3,7 Net interest-bearing liabilities/adjusted EBITDA 13 3,6 3,6 3,2 Number of permanent and temporary staff at 31 Dec.
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