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The return on net operating assets improved, to 16. 0% the annualised return on net operating assets (RONOA) represented a significant improvement over the corresponding period (15. 6 times times times Return on Net Operating Assets = Annualized profit before interest, tax and exceptional items ---------------------------------- Average net operating assets (2 x 129) (2 x 140) 246 ---------- ---------- --------- 1 660 1 741 1 736 = 15. |
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