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BUSINESS REVIEWFINANCIAL STATEMENTSFINNAIR AND SOCIETYSHAREHOLDERS


Board of Directors Report


Accounting Principles


Consolidated Income Statement


Consolidated Balance Sheet


Consolidated Cash Flow Statement


Finnair Plc Income Statement


Finnair Plc Balance Sheet


Finnair Plc Cash Flow Statement


Notes to the Financial Statements


Shares and Share Capital


Proposal on the Dividend


Auditors' Report


Financial Indicators


Turnover by Sector


Operating Profit by Sector


Calculation of Key Indicators

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EBITDAR
Operating profit + depreciation + aircraft lease rentals
 
EBITDA
Operating profit + depreciation
 
Return on equity in per cent (ROE)
Result before extraordinary items - taxes x 100
Equity + minority interests
(average of beginning and end of financial year)
 
Capital employed
Balance sheet total - non interest bearing liabilities
 
Return on capital employed in per cent (ROCE)
Result before extraordinary items + interest and other financial expenses x 100
Capital employed (average of beginning and end of financial year)
 
Earnings per share
Result before extraordinary items + / - minority share - taxes
Adjusted average number of shares during the financial year
 
Equity per share
Equity
Number of shares at the end of the financial year, adjusted for the share issue
 
Dividend per earnings in per cent
Dividend per share x 100
Earnings per share
 
Effective dividend yield in per cent
Dividend per share x 100
Adjusted share price at the end of the financial year
 
P/CEPS
Share price at the end of the financial year
Cash flow from operations per share
 
Cash flow per share
Cash flow from operations
Adjusted average number of shares during the financial year
 
Price per earnings
Share price at the end of the financial year
Earnings per share
 
Equity ratio in per cent
Equity + minority interests x 100
Balance sheet total - advances received
 
Gearing, %
Interest bearing debt - liquid funds x 100
Equity + minority interests
 
Adjusted gearing, %
Interest bearing debt + 7 x annual aircraft leasing payments - liquid funds x 100
Equity + minority interests
 
Operational cash flow
Operating profit + depreciation + financial items + extraordinary items - taxes