RWS Annual Report 2022 web - Flipbook - Page 162
Glossary
Adjusted earnings per share or Adjusted EPS – is
stated before amortisation of acquired intangibles,
acquisition costs, share-based payment expense and
exceptional items, net of associated tax effects.
Adjusted net income – Adjusted net income is
calculated as statutory profit for the year adjusted
for the Group’s amortisation on acquired intangibles,
acquisition costs, share based payment expense and
exceptional items.
Adjusted operating cash flow – is operating cash
flow excluding the impact of acquisition costs and
exceptional items.
Adjusted operating profit (reconciled above) – is
operating profit before charging amortisation of
acquired intangibles, acquisition costs, share-based
payment expense and exceptional items. The Group
uses share-based payments as part of remuneration
to align the interests of senior management and
employees with shareholders. These are non-cash
charges and the charge is based on the Group’s share
price which can change. These costs are therefore
added back to assist with the understanding of the
underlying trading performance.
CORPORATE HEADQUARTERS AND REGISTERED OFFICE
Company No. 03002645
Europa House, Chiltern Park, Chiltern Hill, Chalfont
St Peter, Buckinghamshire, SL9 9FG United Kingdom
Tel: +44 (0) 1753 480200 Fax: +44 (0) 1753 480280
PUBLIC RELATIONS ADVISERS
MHP Communications, 60 Great Portland Street,
London W1W 7RT
Tel: +44 (0) 20 3128 8100
NOMINATED ADVISER AND JOINT BROKER
Numis Securities Ltd, 45 Gresham Street,
London EC2V 7BF
Tel: +44 (0) 20 7260 1000
JOINT BROKER
Berenberg, 60 Threadneedle Street, London EC2R 8HP
Adjusted profit before tax or Adjusted PBT
(reconciled above) – is stated before amortisation of
acquired intangibles, acquisition costs, share-based
payment expense and exceptional items.
Tel: +44 (0) 20 3207 7800
Amortisation of acquired intangibles – is the value
of amortisation recognised on intangibles that were
acquired as part of business combinations, net of the
amortisation on those intangibles charged by the
underlying business. This amount is added back in
arriving at adjusted profit and adjusted EPS measures.
This is reconciled to total amortisation as part of note
13 in the financial statements.
Link Group, 10th Floor, Central Square,
29 Wellington Street, Leeds LS1 4DL
Cash conversion – is the adjusted operating cash
flow expressed as a percentage of adjusted operating
profit.
REGISTRARS
Tel: +44 (0) 371 664 0300
Calls are charged at the standard geographic rate and will vary by provider.
Calls outside the United Kingdom will be charged at the applicable
international rate. We are open between 09:00 - 17:30, Monday to Friday
excluding public holidays in England and Wales
Email: shareholderenquiries@linkgroup.co.uk
INDEPENDENT AUDITORS
Constant currency – constant currency measures
apply consistent rates for foreign exchange to remove
the impact of currency movements in financial
performance.
Ernst & Young LLP, 1 More London Place, London SE1 2AF
EBITDA – is defined as the Group’s profit before
interest, tax, depreciation and amortisation.
CMS Cameron Mckenna Nabarro Olswang LLP,
Cannon Place, 78 Cannon Street, London EC4N 6AF
Net debt – net debt is the net value of cash or
debt held by the business, calculated by taking the
Group's cash balance less any amounts under loans,
borrowings and lease liabilities. The Group presents
net debt both including and excluding the impact of
lease liabilities as part of note 16.
Organic – organic measures exclude the impact of
acquisitions without assuming constant currency and
are prepared on a common basis with the prior year.
162
Shareholder Information
RWS — Annual Report 2022
SOLICITORS
PRINCIPAL BANKERS
Barclays Bank plc, 1 Churchill Place, Canary Wharf,
London E14 5HP
