Formulas and definitions

Equity attributable to shareholders
Equity/share, € =

Number of shares at the end of period


x 100

Equity ratio, % =

Total assets – advances received

Net interest-bearing liabilities x 100
Gearing, % =

Total equity

Profit attributable to equity shareholders
Earnings/share (EPS), € =

Adjusted weighted average number of shares outstanding

EBITDA = Earnings before interests, taxes, depreciations and amortizations
Comparable operating result = Earnings before interests, taxes and shutdown costs