RWS AR 23 Final Single pages - Flipbook - Page 166
Glossary
Shareholder Information
Adjusted earnings per share or Adjusted EPS –
is stated before amortisation and impairment of
acquired intangibles, acquisition costs, share-based
payment expense and exceptional items, net of
associated tax e昀昀ects.
CORPORATE HEADQUARTERS AND REGISTERED OFFICE
Company No. 03002645
Europa House, Chiltern Park, Chiltern Hill, Chalfont
St Peter, Buckinghamshire, SL9 9FG United Kingdom
Adjusted net income – is calculated as statutory
pro昀椀t for the year adjusted for the Group’s
amortisation and impairment of acquired intangibles,
acquisition costs, share based payment expense and
exceptional items.
Tel: +44 (0) 1753 480200
Adjusted operating cash 昀氀ow – is operating cash
昀氀ow excluding the impact of acquisition costs and
exceptional items.
Tel: +44 (0) 20 3128 8100
Adjusted operating pro昀椀t – is operating pro昀椀t
before charging amortisation and impairment 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.
NOMINATED ADVISER AND JOINT BROKER
Adjusted pro昀椀t before tax or Adjusted PBT – is
stated before amortisation and impairment of
acquired intangibles, acquisition costs, share-based
payment expense and exceptional items.
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 is reconciled to
total amortisation as part of Note 13 in the 昀椀nancial
statements.
Free cash 昀氀ow – is the net cash in昀氀ow from operating
activities before exceptional cash 昀氀ows, less purchases
of 昀椀xed assets, net interest paid and lease liabilities.
Cash conversion – is the free cash 昀氀ow expressed as
a percentage of adjusted net income.
Constant currency – constant currency measures
apply consistent rates for foreign exchange to remove
the impact of currency movements in 昀椀nancial
performance.
EBITDA – is de昀椀ned as the Group’s pro昀椀t before
interest, tax, depreciation and amortisation.
PUBLIC RELATIONS ADVISERS
MHP Communications, 60 Great Portland Street,
London W1W 7RT
Numis Securities Ltd, 45 Gresham Street,
London EC2V 7BF
Tel: +44 (0) 20 7260 1000
JOINT BROKER
Berenberg, 60 Threadneedle Street, London EC2R 8HP
Tel: +44 (0) 20 3207 7800
REGISTRARS
Link Group, 10th Floor, Central Square,
29 Wellington Street, Leeds LS1 4DL
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
Ernst & Young LLP, 1 More London Place, London SE1 2AF
SOLICITORS
Slaughter and May, One Bunhill Row, London EC1Y 8YY
PRINCIPAL BANKERS
Barclays Bank plc, 1 Churchill Place, Canary Wharf,
London E14 5HP
Net debt – net debt is 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.
166
RWS Holdings plc — Annual Report 2023
GLOSSARY AND SHAREHOLDER INFORMATION
