Adjusted earnings per share are the basic earnings per share from continuing operations excluding incidentals in operating income, amortization of intangible assets and tax on these adjustments.
Comprehensive income is the change in equity during a period resulting from transactions and other events other than those changes resulting from transactions with shareholders in their capacity as shareholders.
SG&A costs includes selling and distribution expenses, general and administrative expenses and research, development and innovation expenses.
EBITDA is operating income excluding depreciation, amortization and incidental results.
EBITDA margin is EBITDA as percentage of revenue.
Emerging Europe: Central and Eastern Europe (excluding Austria), Baltic States and Turkey.
Incidental results are special charges and benefits, results on acquisitions and divestments, major impairment charges, and charges related to major legal, anti-trust, and environmental cases.
Invested capital is total assets (excluding cash and cash equivalents, investments in associates, the receivable from pension funds in an asset position, assets held for sale) less current income tax payable, deferred tax liabilities and trade and other payables.
Mature markets comprise of Western Europe, the US, Canada, Japan and Oceania.
Net debt is defined as long-term borrowings plus short-term borrowings less cash and cash equivalents.
Operating income is defined in accordance with IFRS and includes the incidental results.
Operating working capital is defined as the sum of inventories, trade receivables and trade payables of the total company. When expressed as a ratio, operating working capital is measured against four times last quarter revenue.
ROI is calculated as operating income of the last twelve months as percentage of average invested capital.
ROS is operating income as percentage of revenue.