Page 15 - Annual Report 2010

Introduction

13

Overview of financial performance

EURm Profit for the financial year (IFRS) 2006 2007 2008 2009 2010

Net profit 48.6 50.4 35.1 –7.4 7.2 Return on average equity (%) 7.3 6.2 3.6 0.0 0.7 Dividends declared 19.4 20.2 14.3 0.0 2.9  *

Net Asset Value  ** 692.5 985.4 1 014.1 1 028.7 1 016.5

* Subject to approval by the AGM

** Before appropriation of dividends

2010 2009 2008 2007 2006

  Net profit/loss    Return on average equity (%)   

60

50

40

30

20

10

0

–10

8.5

6.5

4.5

2.5

0.5

–1.5

I I I I

Net result against return on equity

Source: Calculated in the balance sheet capital accounts