EBITDA 
Earnings before interest, tax, depreciation, amortisations

EBIT   
Earnings before interest and tax, i.e. operating earnings

Net Earnings   
Earnings after taxation and minority interests

Operating Revenue  
Total revenue of the Group

Capital Expenditure
Expenditure on assets and investments

Funds Employed 
External net assets, excluding tax, of the business operations

Capital Notes
Long term, fixed rate, unsecured, subordinated notes

Dividends  
Return to shareholders on their shares

Cashflow from operations   
Net cashflow from operating activities including interest and tax

Unusual Items  
Items of operating earnings disclosed separately because of their nature or size

Return on Average Equity   
Net earnings/shareholders funds

Gearing
Debt + capital notes/debt + capital notes + total equity

Market Capitalisation  
Number of shares on issue times closing share price i.e. the worth of the Group on the Stock Exchange

Interest Cover 
EBITDA less minority share of EBITDA/funding costs

Net debt   
Debt + short term loans less cash on hand

EPS
Earnings per share - net earnings/weighted average number of shares.

Margin 
EBIT/Revenue

Return on Funds
EBIT/Funds

Total Shareholders Return 
(Gross dividend paid + movement in share price)/opening share price
   
Return on Average Funds
EBIT/(Average net debt + equity + capital notes) - deferred tax asset