Investor Presentation - First Nine Months of 2016
Investor presentation
First nine months of 2016
Slide 107
Long term financial targets:
Operating profit after tax to net operating assets and cash to earnings
Operating profit after tax to
net operating assets
New long term financial target
Cash to earnings
(three year average)
New long term financial target
Previous long term financial targets
Previous long term financial targets
160%
140%
120%
140%
120%
100%
100%
80%
80%
60%
60%
40%
40%
20%
20%
0%
0%
2011
2012
2013
2014 2015 New
2011
2012
2013 2014 2015 New
Target¹
Target¹
Note: The long term financial targets are based on an assumption of a continuation of the current
business environment
1 New long-term target established in connection with the full year 2015 report
changing
diabetes®
novo nordiskView entire presentation