Annual Report 2010
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- Important events during the year
- This is Precise Biometrics
- Summary of 2010
- Research and development
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- Employees
- Sustainability
- The share and shareholders
- Risks
- Five-year review
- Key ratios
- Administration & Corporate Governance report
- Financial reports
- Assurance
- Audit report
- Board of Directors
- Management
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- FInancial glossary
- Shareholder information
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FInancial glossary
Average number of outstanding shares during the year
Number of shares at the beginning of the year plus the number of shares at the end of the year divided by two.
Balance sheet total
Value of all assets on the balance sheet date.
Capital employed
Balance sheet total minus non interest-bearing liabilities and provisions. The average capital employed has been calculated as opening equity plus closing equity divided by two.
Debt/equity ratio
Interest bearing liabilities divided by equity.
Direct dividend
Proposed dividend divided by share price on balance sheet date.
Dividend
Dividend per share during the year.
EBITDA
Operating profit/loss before depreciation and net financials.
Equity
Equity at the end of the year. The average equity has been calculated as opening equity plus closing equity divided by two.
Equity/assets ratio
Equity as at balance sheet date divided by total assets as at balance sheet date.
Equity per share
Equity at the end of the year divided by the number of shares at the end of the year.
Equity ratio
Equity and latent tax liabilities divided by closing balance.
Gross margin
Gross profit/loss divided by net sales.
Interest cover ratio
Profit/loss after net financials plus financial costs divided by financial costs.
Liquid ratio
Current assets less inventories divided by current liabilities
Number of shares
Number of shares at year-end.
Operating margin
Operating profit/loss divided by net sales.
P/E ratio
Stock price at the end of the year divided by profit/loss per share.
Profit/loss per share
Profit/loss after net financials divided by average number of shares. The calculation has been made in accordance with IAS 33 Net profit/loss per share. Under IAS 33, recalculation after dilution may not produce a better profit/loss per share compared with before dilution.
Return on capital employed
Profit/loss after net financials plus financial costs divided by average capital employed.
Return on equity
Profit/loss for the year divided by average equity.
Share price
The last price paid during the period.
Working capital
Current assets less current liabilities.

