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-6 000
-4 000
-2 000
-
2 000
4 000
6 000
2014 2015 2016 2017 2018AMN
OK
Cash flow before change in debt
Operations CAPEX Interest & dividends Net before debt
25,0 %
30,0 %
35,0 %
40,0 %
45,0 %
50,0 %
-
5 000
10 000
15 000
20 000
25 000
30 000
35 000
40 000
45 000
2014 2015 2016 2017 2018A
% E
qu
ity
MN
OK
Capital structure
Equity Pension obl. Annet Long term debt
Short term debt Equity % Equity % (bylaws)
0,0 %
2,0 %
4,0 %
6,0 %
8,0 %
10,0 %
12,0 %
14,0 %
16,0 %
18,0 %
20,0 %
2014 2015 2016 2017 2018A
Return on invested capital
Return on invested capital (ROIC) after tax Return on equity
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89
2
89
2
89
2
77
7
58
2
59
2
52
7
39
2
36
6
20
0
20
0
48
0
45
0
2 0
002
49
0
2 5
30 4
43
9
0
1 000
2 000
3 000
4 000
5 000
6 000
2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 -2035
LOANS NOK BOND NOK BOND EUR (IN NOK)
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