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PRYSMIAN GROUP | DIRECTORS’ REPORT
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FINANCIAL HIGHLIGHTS
MAIN FINANCIAL AND OPERATING DATA (*)
(1)
EBITDA is defined as earnings/(loss) for the year, before the fair value change in metal derivatives and in other fair value items,
amortisation, depreciation, and impairment, finance costs and income, dividends from other companies and taxes.
(2)
Adjusted EBITDA is defined as EBITDA before non-recurring income/(expenses).
(3)
Adjusted operating income is defined as operating income before non-recurring income/(expenses) and the fair value change in metal
derivatives and in other fair value items.
(4)
Capital expenditure refers to additions to Property, plant and equipment and Intangible assets, gross of leased assets.
(*) All percentages contained in this report have been calculated with reference to amounts expressed in thousands of Euro.
(**) The originally published 2013 figures have been restated following the introduction of IFRS 10 and IFRS 11 and a new method of
classifying the share of net profit (loss) of associates and joint ventures.
(***) These are the total number of patents, comprising patents granted plus patent applications pending worldwide.