Group statement of comprehensive income (IFRS) Restated

Transcription

1 Group income statement (IFRS) EUR million Q1-Q4 Q1-Q3 Q1-Q2 Q1 Net sales 2, , , Cost of goods sold -1, , Gross profit Other operating income Sales and marketing Research and development Administration costs Other operating expenses Share of profit of equity-accounted investments Earnings before interest and taxes Financial income Financial expenses Profit before taxes Income tax expense Profit for the period Attributable to: Equity holders of the parent company Non-controlling interest EUR EPS attributable to equity holders of the parent company Diluted EPS attributable to equity holders of the parent company Group statement of comprehensive income (IFRS) EUR million Q1-Q4 Q1-Q3 Q1-Q2 Q1 Profit for the period Other comprehensive income: Items that will not be reclassified to profit or loss Remeasurements on defined benefit plans Income taxes related to items that will not be reclassified Total Items that may be reclassified subsequently to profit or loss Translation differences Equity hedges Cash flow hedges Income taxes related to items that may be reclassified Total Other comprehensive income, net of tax Total comprehensive income Attributable to: Equity holders of the parent company Non-controlling interest

2 Group statement of financial position (IFRS) EUR million Dec 31 Sept 30 Jun 30 Mar 31 Jan 1 ASSETS Non-current assets Goodwill Other intangible assets Tangible assets Equity-accounted investments Available-for-sale investments Interest-bearing receivables Deferred tax assets Employee benefit assets Other non-current assets , , , , ,181.1 Current assets Inventory Interest-bearing receivables Current tax assets Trade and other current receivables Cash and cash equivalents Total assets 2, , , , ,886.0 EQUITY AND LIABILITIES Share capital Premium fund Treasury shares Translation differences Fair value and other reserves Retained earnings Total equity attributable to equity holders of the parent company Non-controlling interest Total equity Non-current liabilities Interest-bearing liabilities Deferred tax liabilities Employee benefit liabilities Provisions Other non-current liabilities Current liabilities Interest-bearing liabilities Current portion of long term loans Short-term loans Provisions Current tax liabilities Trade and other current liabilities Total liabilities 1, , , , ,129.8 Total equity and liabilities 2, , , , ,886.0 Dec 31 Sept 30 Jun 30 Mar 31 Jan 1 Net debt Net debt to equity (gearing)

3 Statement of changes in equity (IFRS) Attributable to equity holders of the parent company EUR million _Share capital _Share issue _premium _Treasury share es _Translation diff ff. s _Fair value and _other reserves _Retained _earnings _Total _Non-controlling ng _interest _Total equity Balance on Dec 31, Change in accounting policy (IAS19) Balance on Jan 1, Share-based payments Stock option exercised Total comprehensive income for the year Other changes Balance on Mar 31, Balance on Jan 1, Dividends paid Share-based payments Stock option exercised Total comprehensive income for the year Other changes Balance on June 30, Balance on Jan 1, Dividends paid Share-based payments Stock option exercised Total comprehensive income for the year Other changes Balance on Sept 30, Balance on Jan 1, Dividends paid Share-based payments Stock option exercised Total comprehensive income for the year Other changes Balance on Dec 31,

4 Group statement of cash flows (IFRS) EUR million Q1-Q4 Q1-Q3 Q1-Q2 Q1 Profit for the period* Adjustments* Depreciation and amortization* Share of profit of equity-accounted investments* Gain/loss from disposal of assets* Financial expense/-income* Income tax expense* Other adjustments, operational* Change in inventory* Change in non-interest bearing receivables* Change in non-interest bearing payables* Dividends received* Interest received* Interest paid* Other financial expense and income* Taxes paid* Net cash flows from operating activities Capital expenditure* Proceeds from selling tangible assets* Acquired subsidiaries Proceeds from long-term deposits Payment of long-term deposits Proceeds from short-term deposits Payment of short-term deposits Net cash flows from investing Proceeds from long-term borrowings Repayment of long-term borrowings Proceeds from short-term borrowings 1, Repayment of short-term borrowings -1, Dividends paid Proceeds from stock option exercises Net cash flows from financing Change in liquid assets Cash flow based Translation difference Liquid assets period start Liquid assets period end Free cash flow (including figures marked with *)

5 Notes The financial information presented in these tables has been prepared according to the same accounting policies as in the annual financial statements for except for: Revised IAS 19 Employee Benefits. The corridor approach is removed and all actuarial gains and losses are recognized in other comprehensive income when incurred. The Group reports the service cost in personnel expenses and the net interest in financial items. The net interest is determined by applying the discount rate used to measure the defined benefit obligation instead of previously used expected rate of return for plan assets. IFRS 11 Joint Arrangements. The Group currently has an interest in a joint arrangement, which is classified as a joint venture and consolidated using the equity method instead of previously used proportional consolidation method. The Group's share of profit of equityaccounted investments is reported above earnings before interest and taxes. Segments Segment information is presented according to the IFRS standards. Items below EBIT - financial items and taxes - are not allocated to the segments. NET SALES EUR million Q1-Q4 Q4 Q3 Q2 Q1 Flexible Packaging Intersegment net sales Films Intersegment net sales North America Intersegment net sales Molded Fiber Intersegment net sales Foodservice Europe-Asia-Oceania Intersegment net sales Elimination of intersegment net sales Segments total 2, EBIT EUR million Q1-Q4 Q4 Q3 Q2 Q1 Flexible packaging Films North America Molded Fiber Foodservice Europe-Asia-Oceania Other activities Segments total EBITDA EUR million Q1-Q4 Q4 Q3 Q2 Q1 Flexible Packaging Films North America Molded Fiber Foodservice Europe-Asia-Oceania Other activities Segments total

6 Segments (continued) DEPRECIATION AND AMORTIZATION EUR million Q1-Q4 Q4 Q3 Q2 Q1 Flexible Packaging Films North America Molded Fiber Foodservice Europe-Asia-Oceania Other activities Segments total NET ASSETS ALLOCATED TO THE SEGMENTS EUR million Q4 Q3 Q2 Q1 Flexible Packaging Films North America Molded Fiber Foodservice Europe-Asia-Oceania CAPITAL EXPENDITURE EUR million Q1-Q4 Q4 Q3 Q2 Q1 Flexible Packaging Films North America Molded Fiber Foodservice Europe-Asia-Oceania Other activities Segments total RONA (12m roll.) Q4 Q3 Q2 Q1 Flexible Packaging 13.8% 13.6% 10.4% 9.9% Films 6.0% 5.3% 6.3% 5.7% North America 11.7% 11.8% 11.7% 11.5% Molded Fiber 16.1% 15.1% 13.8% 12.5% Foodservice Europe-Asia-Oceania 11.6% 10.5% 9.7% 8.8% 8% OPERATING CASH FLOW EUR million Q1-Q4 Q4 Q3 Q2 Q1 Flexible Packaging Films North America Molded Fiber Foodservice Europe-Asia-Oceania Other information KEY INDICATORS Q4 Equity per share (EUR) 7.59 ROE, % (12m roll.) 15.8 ROI, % (12m roll.) 12.6 Profit before taxes (EUR million, 12m roll.)