Definition of Terms

Terms

Long term debt/borrowings/loans

Refers to debt/borrowings/loans with maturities longer than one year as of the balance sheet date

Short term debt/borrowings/loans

Refers to debt/borrowings/loans with maturities within 1 year as of the balance sheet date

Total debt

The sum of all the loans, notes and bonds that are obligations of consolidated entities

Net debt

Total debt less cash and bank deposits

Total capital

Total ordinary shareholders' funds and perpetual capital securities plus net debt

Ordinary shareholders' funds

Consists of share capital, reserves and proposed dividend

Total ordinary shareholders' funds and perpetual capital securities

Ordinary shareholders' funds plus perpetual capital securities

Cash inflows

Cash inflows represent cash generated from business operations after income taxes paid, and other cash inflows which principally include dividends from joint ventures and associated companies, proceeds from divestments of businesses, sales of listed investments and sales of fixed assets and investment properties

EBITDA

“Earnings before interest expense, taxation, depreciation and amortisation” including operating income, other income and net gains, finance income and change in fair value of investment properties, and adding back impairment loss provision. EBITDA includes the EBITDA of the Company and subsidiary companies, as well as the Group's share of the earnings before taxation of joint ventures and associated companies

EBIT

“Earnings before interest expense and taxation”, that is, EBITDA after depreciation, amortisation and impairment loss provision

Attributable profit/(loss) (of a segment)

Profit/(loss) from consolidated activities after deduction of charges for finance provided directly to segment entities or by the corporate segment, taxation, profit attributable to non-controlling interests and allocation of rental among segments, plus a share of results of joint ventures and associated companies, and finance income

Profit attributable to ordinary shareholders of the Company

The consolidated net profit after tax of the Company less the profit attributable to non-controlling interests and holders of perpetual capital securities

Ratios

Earnings per share

Profit attributable to ordinary shareholders of the Company divided by the weighted average number of shares (by days) in issue for the year

Leverage

Net debt divided by total capital

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