47153 AG Barr Annual Report 2025 AW4 SQ WEB - Flipbook - Page 194
A.G. BARR p.l.c. Annual Report and Accounts 2025
G LO S S A RY
Non-GAAP measures are provided because they are tracked by management to assess the Group's operating performance and to inform financial, strategic and
operating decisions.
Definition of non-GAAP measures used are provided below:
Adjusted basic earnings per share is a non-GAAP measure calculated by dividing adjusted profit attributable to equity holders by the weighted average number
of shares in issue.
Adjusted invested capital is a non-GAAP measure and is calculated as invested capital adjusted to reflect the balance sheet impact of the adjusting items in the
income statement.
Adjusted operating margin is a non-GAAP measure and is calculated by dividing adjusted operating profit by revenue.
Adjusted operating profit is a non-GAAP measure calculated as operating profit after adjusting items.
Adjusted profit before tax is non-GAAP measure calculated as reported profit before tax after adjusting entries as disclosed in the adjusting entries accounting policy.
Adjusted return on capital employed (Adjusted ROCE) is a non-GAAP measure and is defined as adjusted profit before tax divided by adjusted invested capital.
Cash capital expenditure is a non-GAAP measure and is defined as the cash outflow on purchases of property, plant and equipment, and is disclosed in the cash
flow statement.
EBITDA is a non-GAAP measure and is defined as operating profit before depreciation and amortisation.
Full year dividend is a non-GAAP measure and is defined as the total dividends declared for the financial year.
Gross margin is a non-GAAP measure calculated by dividing gross profit by revenue.
Net cash at bank is a non-GAAP measure and is defined as the net of cash and cash equivalents plus short-term investments less loans and other borrowings as shown
in the statement of financial position.
Operating margin is a non-GAAP measure calculated by dividing operating profit by revenue.
Profit conversion to cash ratio is a non-GAAP measure and is defined as net cash from operating activities divided by adjusted profit before tax.
Return on capital employed (ROCE) is a non-GAAP measure and is defined as reported profit before tax as a percentage of invested capital. Invested capital is a non-GAAP
measure defined as period end non-current plus current assets less current liabilities excluding all balances relating to provisions, financial instruments, interest-bearing
liabilities and cash or cash equivalents.
Revenue growth is a non-GAAP measure calculated as the difference in revenue between two reporting periods divided by the revenue of the earlier reporting period.
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