Key ratios

Five-year overview

  2011*** 2010 2009 2008 2007

Oil production (barrels)

 3,145,600 3,918,000 4,074,500 5,153,700

5,509,000

Revenue (MSEK)

 2,153.8 2,226.7 2,112.8 2,419.9 2,793.8
EBITDA (MSEK) 1,295.3 1,275.7 1,325.9 1,771.8 2,073.7
Operating profit (MSEK)  -1 526,6 490.4 429.6 1,395.7 1,833.5

Operating profit excluding
one-off costs (MSEK)

 508.1 490.4 429.6 1,395.7 1,833.5

Operating profit per share after dilution* (SEK)

  -2.39  0.94 1.35 4.64 6.08
Operating margin (%) -71  22 20 58 66

Income after financial items per share after dilution** (SEK)

 -2.94  0.34 1.00 2.74 5.96

Earnings per share after dilution** (SEK)

 -3.27  -0.61 0.04 3.08 3.14
Return on equity (%) neg  neg 0.3 23.9 33.6
Return on assets (%) neg  5.1 5.0 16.4 32.3
Return on capital employed (%) neg  5.9 6.3 19.6 41.3

Equity per share before dilution** (SEK)

 5.13  8.24 13.41 15.86 11.12

Equity per share after dilution** (SEK)

 5.13  8.24 13.41 15.80 10.79
Profit margin (%) -87.1  8.1 15.0 34.0 64.3

Equity/assets ratio (%)

 36.8  48.2 44.6 45.5 49.5
Debt/equity ratio (%) 121.8  59.7 80.4 74.8 64.6
Debt/equity ratio, full conversion (%) 75.6  38.3 54.6 n/a n/a

Share price at the end of the period* (SEK)

  2,12 7.50 11.93 5.58 24.74

Share price/Equity per share before dilution* (Times)

 0,41  0.91 0.89 0.35 2.23

P/E margin per share* (Times)

 -0,65  -12.36 295.22 1.81 7.81
Number of shares outstanding
before dilution**		 637,476,893  637,475,843 345,814,769 299,968,388 298,937,668
Number of shares outstanding after dilution**  637,476,893 637,475,843 345,814,769 300,999,108 308,059,540
Average number of shares
outstanding before dilution**		  637,476,105 521,614,740 318,998,246 299,427,260 298,937,668

Average number of shares
outstanding after dilution**

  637,476,105 521,614,740 318,998,246 300,921,829 301,700,581

*  In connection with the completed rights issue in May/June 2010, the share price at the end of the period has been adjusted retrospectively, which has affected Share price/Equity per share before dilution and the P/E multiple per share. 

** The number of shares outstanding after dilution includes only shares that give rise to a dilutive effect. The rights issue carried out in 2010 gave rise to retroactive adjustments.

*** Figures for the full year and fourth quater 2011 include one-off costs of SEK 2,034,666 thousand (0) before tax and SEK 1,758,077 thousand (0) after tax.