| Net worth
per share |
| Ordinary shareholders’
funds divided by shares in issue at year-end.
|
| |
| EBITDA |
| Earnings before interest,
taxation, depreciation and amortisation
of intangible assets. (Operating profit
before deducting depreciation and amortisation
expenses.) |
| |
| Operating
margin |
| Operating profit divided
by revenue. |
| |
| Total assets
|
| Property, plant and
equipment, intangible assets, investments
and current assets. |
| |
| Net assets
|
| Total assets less non-interest-bearing
debt, excluding RC&C Finance Company
borrowings. |
| |
| Net operating
assets |
| Total assets excluding
cash and cash equivalents, less current
liabilities excluding short-term borrowings
and bank overdrafts. |
| |
| Net asset
turn |
| Revenue divided by average
net operating assets. |
| |
| Return on
ordinary shareholders’ funds |
| Headline earnings divided
by average ordinary shareholders’
funds. |
| |
| Return on
net operating assets |
| Operating profit, plus
share of associate company’s profit,
less adjustments for capital items excluded
from headline earnings, divided by average
net operating assets. |
| |
| Return on
net operating assets excluding
investments in associates |
| As for return on net
operating assets excluding investments in
and share of associate company’s profit.
|
| |
| Current ratio
|
| Current assets divided
by short-term non-interest- bearing debt.
|
