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Annual report 2008/2009
- 2008/2009 In brief
- President’s comments
- Hemtex share
- Presentation of operations
- Board of Directors’ report
- Income statements
- Balance sheets
- Changes in consolidated shareholders’ equity
- Changes in Parent Company shareholders’ equity
- Cash-flow statements
- Notes
- Nine-year summary
- Proposed distribution of earnings
- Audit report
- Board of Directors
- Corporate Governance
- Management
- Hemtex stores
- Information about the AGM
- Annual reports archive
- Annual report 2009
- Annual Report 2010
- Annual Reports archive
Definitions
Average interest-bearing liabilities Interest-bearing liabilities at the close of every month in the fiscal year, divided by the number of months.
Average shareholders’ equity Equity at the beginning and the end of the fiscal year, divided by two.
Capital employed Total assets less non-interest-bearing liabilities including deferred (latent) tax liabilities.
Cash flow after investments Profit before depreciation/amortization plus/minus financial items, minus tax paid, plus/minus changes in working capital minus investments.
Cash flow per share Cash flow after investments divided by the average number of shares outstanding during the period.
Earnings per share Profit after full tax divided by the average number of shares outstanding during the period.
Earnings per share after full dilution Profit after full tax divided by the number of shares outstanding on the closing date, as well as warrants outstanding, adjusted for possible dilution effects.
EBITDA Operating profit excluding depreciation/amortization and impairments.
Equity/assets Equity as a percentage of total assets.
Equity per share Shareholders’ equity divided by the number of shares on the closing date.
Gross profit margin Net sales for the period less the cost of goods sold as a percentage of sales.
Hemtex "Hemtex" refers to the Hemtex brand or to the entire retail chain, including the stores operated as franchises.
Hemtex AB Refers to the legal entity Hemtex AB that is the Parent Company of the Group and the franchisor in the Hemtex franchise system.
Interest-coverage ratio Profit before financial items plus financial expenses divided by financial expenses.
Inventory turnover rate Cost of goods sold divided by average inventory.
Net debt/equity ratio Interest-bearing liabilities less cash and cash equivalents as a percentage of shareholders’ equity.
Net indebtedness Interest-bearing liabilities less cash and cash equivalents.
Net indebtedness/EBITDA Interest-bearing liabilities divided by EBITDA.
Number of full-year employees The total number of hours of attendance divided by the normal working time for the particular country.
Operating capital Total assets less cash and cash equivalents, other interest-bearing assets and non-interest-bearing liabilities.
Operating margin Operating profit as a percentage of net sales during the period.
Profit margin Profit after financial items as a percentage of net sales for the period.
Rate of capital turnover Net sales divided by average operating capital.
Return on capital employed Profit before tax plus financial expenses as a percentage of average capital employed.
Return on operating capital Operating profit as a percentage of average operating capital.
Return on shareholders’ equity Profit after tax as a percentage of average equity.
Return on total capital Profit before tax plus financial expenses as a percentage of average total assets.
Shareholders’ equity Comprises share capital, other contributed capital, reserves and retained earnings including net profit for the year in the Group. Shareholders’ equity in the Parent Company comprises restricted and non-restricted equity.
