Key ratios

  2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Return on shareholders’ equity, % 20.8 14.9 18.4 2.8 5.0 12.9 23.1 16.0 -19.7 12.1 18.1
Interest coverage, times* 15.3 10.3 9.1 2.2 2.1 6.7 9.6 5.9 -4.7 8.8 20.7
Self-financing ratio, % 272 155 194 64 84 18 118 270 137 5 153
Self-­financing ratio Industrial  Operations, % 483 155 316 180 112 72 210 294 -16 78 265
Net Financial position excl. post-employment benefits SEK M* 26,339 -1,151 349 -9,924 -19,828 -19,023 -14,974 -18,849 -35,506 -20,549 3,321
Net financial position excl. post­-employment benefits as percentage  of shareholders’ equity* 26.9 -1.3 0.5
-14.2 -29.0 -24.3 -19.5 -28.5 -60.7 -27.4 4.4
Net Financial position incl. post-employment benefits SEK M* 12,200 -15,679 -13,237 -26,378 -32,066 -22,978 -19,346 -24,691 -41,489 -29,795 -4,305
Net financial position incl. post­-employment benefits as percentage  of shareholders’ equity* 12.5 -18.1 -17.6 -37.6 -46.8 -29.3 -25.2 -37.4 -70.9 -39.7 -5.7
Shareholders’ equity as percentage  of total assets 26.4 24.5 22.9 20.9 22.4 25.7 24.3 23.3 20.2 22.7 25.7
Shareholders’ equity as percentage  of total assets, Industrial Operations 32.5 30.9 28.6 25.7 27.0 30.9 28.5 26.9 23.8 28.4 30.8
Shareholders’ equity excluding minority interest as percentage of total assets
26.0 24.1 22.4 20.5 22.0 25.2 23.9 23.0 20.0 22.6 25.6

* Pertains to the Industrial Operations.