Glossary

Financial

Normalised EBITDA

Adjusted EBITDA adjusted for write-off of inventories, other financial assets write-off and specific provisions, advisory and other, retrenchment and settlement costs, and onerous contracts and other provisions.

Adjusted EBITDA

Profit/(loss) before depreciation, amortisation, share-based payment expense, gain/loss on disposal of subsidiaries and equity-accounted investments, impairments of non-financial assets, share of profit/ loss of equity-accounted investments, remeasurement gains/losses on VFA liability, interest income, interest expense and current and deferred tax.

Operating profit before interest and impairments

Profit before impairment losses, interest and taxation.

Operating profit margin

Operating profit as a percentage of revenue.

B2B2C

Business-to-Business-to-Consumer.

Price to earnings ratio

Market value per share divided by headline earnings per share at year end.

Cash realisation rate

This ratio is calculated by expressing cash generated by operations as a percentage of core normalised EBITDA and reflects the proportion of cash operating profit realised after working capital movements.

Price to net asset value ratio

Market value per share divided by net asset value per share at year end.

Core normalised EBITDA

Normalised EBITDA adjusted for non-core business lines to be closed.

RoIC

Return on invested capital is operating profit after marginal tax divided by equity plus other financial liabilities less cash.

Dividend cover

Headline earnings per share divided by dividends per share declared out of earnings for the year.

Return on total assets

Operating profit/(loss) before interest and net financial assets impairment as a percentage of average total assets.

Dividend yield

Dividend per share as a percentage of market value per share at year end.

Return on total equity

Operating profit/(loss) before interest and net financial assets impairment as a percentage of total equity.

Earnings per share

Net profit/(loss) for the year attributable to the owners of
EOH Holdings Limited divided by the weighted average number of ordinary shares in issue during the year.

WACC

The weighted average cost of capital.

Non-financial

OEM

Original Equipment Manufacturer (‘OEMs’) (pronounced as separate letters), are typically manufacturers who resell another company’s product under their own name and branding.

Earnings yield

Headline earnings per share as a percentage of market value per share at year end.

Headline earnings

Net profit for the year adjusted for profit/loss on sale of property, plant and equipment, investments and impairment losses on
non-financial assets.

AI

Artificial intelligence (‘AI’) refers to the simulation of human intelligence in machines that are programmed to think like humans and mimic their actions. The term may also be applied to any machine that exhibits traits associated with a human mind such as learning and problem solving.

EBITDA

Earnings before interest, taxes, depreciation and amortisation.

Headline earnings per share

Headline earnings divided by the weighted average number of ordinary shares in issue during the year.

IOT

The internet of things, or IOT, is a system of interrelated computing devices, mechanical and digital machines, objects, animals or people that are provided with unique identifiers (‘UIDs’) and the ability to transfer data over a network without requiring human to human or human to computer interaction.

HEPS

Headline earnings per share.

Net asset value per share

Ordinary shareholders’ equity divided by the number of ordinary shares in issue.