Key figures

       
  2012 2011 Change %
Income statement, EUR million      
Revenue 17,853 15,420 15.78%
Operating profit 321 273 17.58%
Comparable operating profit 352 178 97.75%
Profit before income tax 233 206 13.11%
Profitability, %      
Return on equity (ROE) 6.3 6.6 -4.55%
Return on capital employed, pre-tax (ROCE) 6.5 5.9 10.17%
Return on average capital employed, after tax (ROACE) 4.9 2.6 88.46%
Financing and financial position      
Total equity, EUR million 2,578 2,467 4.50%
Interest-bearing net debt, EUR million 1,935 2,080 -6.97%
Capital employed, EUR million 4,923 4,850 1.51%
Equity-to-assets ratio, % 35.0 34.0 2.94%
Leverage ratio, % 42.9 45.7 -6.13%
Net cash from operating activities, EUR million 468 197 137.56%
Share-related indicators      
Earnings per share (EPS), EUR 0.61 0.62 -1.61%
Dividend per share, EUR 0.381) 0.35 8.57%
Dividend payout ratio, % 62.11) 56.5 9.91%
Share price at the end of the year, EUR 9.77 7.81 25.10%
Average share price, EUR 9.08 10.22 -11.15%
Highest share price, EUR 11.11 14.7 -24.42%
Lowest share price, EUR 7.28 6.19 17.61%
Market capitalization at the end of the year,
EUR million
2,505 2,003 25.06%
Other indicators      
Equity per share, EUR 10.01 9.58 4.49%
Investments, EUR million 292 364 -19.78%
Average number of personnel 5,031 4,926 2.13%
R&D expenditure, EUR million 42 42 0.00%
Refining margin, USD/bbl 10.17 8.76 16.10%
Total Recordable Injury Frequency per million hours worked (TRIF) 3.6 2.7 -33.33%
       
1) Board of Directors’ proposal to the Annual General Meeting