Glossary

Material consisting of several metals.

Rolled aluminium in coils

Joining of metals through melting.

Surface layer.

A device for transferring heat from one medium to another.

Heating, Ventilation, Air Conditioning and Refrigeration. 

London Metal Exchange

Aluminium that has been down gauged, passing through two or more rollers.

Residual aluminium that can be re-melted

Shanghai Futures Exchange

Definitions

Adjusted operating profit before depreciation and impairment.

Operating excluding items affecting comparability.

The average number of employees converted to full-time positions.

Total assets less cash and cash equivalents and interest-bearing receivables, minus non-interest bearing liabilities.

Profit for the period divided by the total number of shares.

Equity divided by total assets.

Non-recurring income and expenses.

Volume expressed in thousands of metric tonnes.

Cash flow from operating activities plus cash flow from investing activities.

Cash and cash equivalents and interest- bearing receivables minus interest-bearing liabilities, including pensions.

Profit before net financial items and tax.

Adjusted operating profit divided by average capital employed during the past 12-month period.

Profit for the period divided by average equity during the past 12-month period.

Volumes sold in metric tonnes.

Swedish kronor.