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Finnair Plc
Tietotie 11 A
FI-01053 FINNAIR
Telephone +358 9 81 881

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FINANCIAL INDICATORS 2006-2008

    2008 2007 2006
Turnover EUR mill. 2,263 2,181 1,990
   change % 3.8 9.6 6.3
         
Operating profit from operations EUR mill. 7 97 11
   in relation to turnover % 0.3 4.4 0.6
         
Operating profit/loss EUR mill. -52 142 -11
   in relation to turnover % -2.3 6.5 -0.5
         
Profit before extraordinary items EUR mill. -56 139 -15
   in relation to turnover % -2.5 6.4 -0.7
         
Profit before taxes EUR mill. -56 139 -15
   in relation to turnover % -2.5 6.4 -0.7
         
Consolidated balance sheet        
Non-current assets EUR mill. 1,398 1,245 1,108
Short-term receivables EUR mill. 659 864 544
Non-current assets held for sale EUR mill. 19 35 8
Assets total EUR mill. 2,076 2,144 1,660
         
Shareholders equity and minority interests EUR mill. 773 987 601
Liabilities, total EUR mill. 1,303 1,157 1,059
Shareholders' equity and liabilities, total EUR mill. 2,076 2,144 1,660
         
Gross capital expenditure EUR mill. 233 326 252
Gross capital expenditure in relation to turnover % 10.3 15.0 12.7
Return on equity (ROE) % -4.8 12.9 -2.0
Return on capital employed (ROCE) % -2.5 14.2 -0.1
Average capital employed EUR mill. 1,190 1,122 938
Increase in share capital EUR mill. 0 0 0
Dividend for the financial year 1) EUR mill. 0 32 9
Earnings/share EUR -0.33 1.04 -0.14
Earnings/share adjusted for option rights (with diluted effect) EUR -0.33 1.04 -0.14
Result/share (number of shares at the end of financial year) EUR -0.33 0.79 -0.15
Equity/share EUR 6.04 7.70 6.14
Dividend/share 1) EUR 0.00 0.25 0.10
Dividend/earnings % 0.0 31.5 -64.4
Effective dividend yield % 0.0 3.1 0.8
P/CEPS   5.2 2.5 12.5
Cash flow/share EUR 0.9 3.2 1.0
P/E ratio   -14.82 7.79 -88.05
Equity ratio % 38.1 47.1 37.2
Net debt-to-equity (Gearing) % -11.6 -22.5 7.1
Adjusted Gearing % 63.2 35.1 112.8
Interest bearing debt EUR mill. 302 318 337
Liquid funds EUR mill. 392 540 294
Net interest bearing debt EUR mill. -90 -222 43
in relation to turnover % -4.0 -10.2 2.2
Net financing income (+) / expenses (-) EUR mill. -5 -3 -4
in relation to turnover % -0.2 -0.1 -0.2
Net interest expenses EUR mill. 2 -5 -3
in relation to turnover % 0.1 -0.2 -0.2
Operational cash flow EUR mill. 120 302 96
Operational cash flow in relation to turnover % 5.3 13.8 4.8
Average number of shares adjusted for the share issue number of 127,969,796 98,032,358 96,690,131
Average number of shares at the end of the financial year (with diluted effect) number of 127,969,796 98,032,358 96,690,131
Number of shares adjusted for the share issue at the end of the financial year number of 127,969,796 98,032,358 97,782,880
Number of shares at the end of the financial year (with diluted effect) number of 127,969,796 98,032,358 97,782,880
Number of shares at the end of the financial year number of 128,136,115 128,136,115 88,756,358
Personnel on average   9,595 9,480 9,598

The number of personnel are averages and adjusted for part-time employees.
1) The dividend is a proposal of the Board of Directors to the Annual General Meeting.

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