Key indicators

Key indicators describing the group?s financial development

INCOME STATEMENT	IFRS 2005	IFRS 2004	FAS 2003 1)	FAS 2002 1)	FAS 2001 1)
Revenue, EUR million	1 337	1 356	1 538	1 563	1 439
Change of revenue, %	-1,4%	-11,8%	-1,6%	8,6%	15,6%
EBITDA, (EUR million)	446	455	385	333	424
EBITDA as % of revenue	33,4%	33,6%	25,0%	21,3%	29,6%
EBIT, EUR million	233	242	-34	-49	108
EBIT as % of revenue	17,4%	17,8%	-2,2%	-3,1%	7,5%
Profit before tax, EUR million	212	213	-74	-100	46
Profit before tax as % of revenue	15,8	15,7	-4,8	-6,4	3,2
Return on equity (ROE), %	15,9%	19,2%	-1,8%	-12,1%	0,5%
Return on investment (ROI), %	14,7%	15,7%	-1,8%	-2,7%	6,6%
Research and development costs, EUR million	8	17	24	36	36
Research and development costs as % of turnover	0,6%	1,3%	1,6%	2,3%	2,5%
BALANCE SHEET
Gearing ratio, %	21,7%	50,6%	87,5%	94,8%	93,8%
Current ratio	1,4	1,7	1,1	0,9	0,7
Equity ratio, %	61,7%	49,3%	40,4%	38,3%	40,1%
Non-interest bearing debt, EUR million	347	324	407	467	389
Balance sheet total, EUR million	2 202	1 864	1 930	2 098	2 151
INVESTMENTS
Purchases of shares, EUR million	415	61	28	16	242
of which paid in equity issue	361	47
GROSS CAPITAL EXPENDITURES
Gross investments, (EUR million)	204	182	194	269	373
Gross investments as % of revenue	15,3%	13,4%	12,6%	17,2%	25,9%
PERSONNEL
Average number of employees during the financial year	4 989	5 590	7 172	8 115	7 783
Revenue/employee, EUR 1,000	268	242	214	193	185

The order book is not shown because such information is immaterial owing to the nature of the company?s business.

1) The figures for 2001 to 2003 were calculated according to the Finnish Accounting Standards (FAS)

For the formulae for the indicators according to the Finnish Accounting Standards, see the financial statements for the relevant year.