Alternative performance measures
Alternative Performance Measures (APM)
Interroll uses key indicators defined in the International Financial Reporting Standards (IFRS) throughout its entire financial reporting, as well as selected Alternative Performance Measures (APMs). These alternative measures provide useful information on the Group’s financial situation and are used for financial management and control purposes.
As these measures are not defined under IFRS, the calculation may differ from the published APMs of other companies. For this reason, comparability across companies may be limited.
The key alternative performance measures used at Interroll for financial reporting are defined as follows:
| Alternative Performance Measures (APM) | Interroll calcualtion | Page in Half-year/ Annual Report 2024 |
|---|---|---|
| Operating Profit (EBITDA) | EBITDA. | Key figures , p. 4 |
| Free Cash Flow | Cash flow from operating activities plus cash flow from investing activities (chapter consolidated statement of cash flow) | Key figures , p. 4 |
| Operating Cash Flow | Cash flow from operating activities; (chapter consolidated statement of cash flow). | Key figures , p. 4 |
| Gross investments | Investments in property, plant and equipment, intangible assets and the calculated present values for rights of use to assets that are accounted for in accordance with IFRS 16. | Key figures , p. 4 |
| Net financial assets | Cash minus marketable securities plus financial liabilities and total short-term liabilities | Key figures , p. 4 |
| ROE (Return on equity) | Result divided by average equity [(equity at cut off date + equity in the previous period)/2] | Key figures , p. 4 |
| ROE (Return on equity) per 30.06. | Result divided by (equity 30.06.CY + equity 31.12.PY/2] | Key figures , p. 4 |
| ROE (Return on equity) per 31.12. | Result divided by (equity 31.12.CY + equity 31.12.PY/2] | Key figures , p. 4 |
| RONA (Return on Net Assets, in %) | Result plus financial result (net) divided by net assets. | Key figures , p. 4 |
| Total net assets | Total inventory (net) plus prepayments for inventory, prepaid expenses and accrued income, current tax assets, other accounts receivables and forward exchange dealing minus total trade and other accounts payable, accrued expenses and current tax liabilities. | Key figures , p. 4 |
| RONA per 30.06. | Result per 30.06.*2 divided by net assets as per 30.06. | Key figures , p. 4 |
| RONA per 31.12. (reference period vs. 30.06.) | Result per 31.12. divided by net assets as per 31.12. | Key figures , p. 4 |
| Average number of employees (full-time equivalents) | Sum of full-time equivalents per month divided by the number of months. A full-time equivalent corresponds to 100% employment. | Key figures , p. 4 |
| Sales per employee (in CHF thousands) | Total sales divided by average number of employees (FTE) | Key figures , p. 4 |
| Sales per employee per 30.06. | Total sales per 30.6*2 divided by average number of employees (FTE) per 30.06. | Key figures , p. 4 |
| Sales per employee per 31.12. (reference period vs. 30.06.) | Total sales per 30.06.PY*2 divided by average number of employees (FTE) per 30.06.PY | Key figures , p. 4 |
| Productivity | Value added divided by personnel costs. | Key figures , p. 4 |
| Added value | Turnover plus inventory changes for semi-finished and finished products minus cost of materials. | Key figures , p. 4 |
| Long-term Gross Margin (as a % of sales) | Sales minus cost of materials, inventory changes for semi-finished and finished products and own goods capitalized, production-related expenses (without machine maintenance), freight, provisions and value adjustments (net), variable sales costs plus income from freight and packaging. | p. 32 |
| Net debt | Total financial liabilities plus long term loans others, notes payables minus cash and cash equivalents. | p. 63 |