Annual Report 2012.pdf - Cherry

Part 2 definitions
Definitions
EARNINGS Gaming income is reported net after deductions for player winnings, bonuses and
loyalty programmes. Cherry reports its share of income from lotteries as income.
RUNNING COSTS IN GAMING OPERATIONS Running costs in gaming operations refer to direct costs such as gaming shares to
venues, gaming taxes and licences, purchasing of materials, and purchased services
directly related to gaming operations.
AVERAGE TOTAL CAPITAL Balance sheet total at the start of the fiscal year plus balance sheet total at the end of
the fiscal year divided by two.
AVERAGE EQUITY Equity at the start of the fiscal year plus equity at the end of the fiscal year, divided by two.
RETURN OF TOTAL CAPITAL Result after financial items plus financial expenses in relation to average total capital.
RETURN ON CAPITAL EMPLOYED Result after financial items plus financial expenses in relation to average capital employed.
RETURN ON EQUITY Profit/loss after tax in relation to average equity.
PROFIT MARGIN Result after financial items in relation of turnover for the period.
OPERATING MARGIN Operating profit in relation to turnover for the period.
OPERATING PROFIT BEFORE DEPRECIATION (EBITDA) Result before tax, financial items, depreciation and write-downs.
OPERATING PROFIT (EBIT) Result before tax and financial items.
EQUITY RATIO Equity at the end of the period in percent of balance sheet total at the end of the period.
ACID-TEST RATIO Current assets excluding inventories in relation to current liabilities, including proposed
but not adopted share dividends.
NUMBER OF EMPLOYEES The number of persons employed when salaries for the last month were paid out.
AVERAGE NUMBER OF EMPOYEES The number of employees converted to full-time employment (annual).
NUMBER OF SHARES The number of shares at the end of respective period.
AVERAGE NUMBER OF OUTSTANDING SHARES The weighted average number of outstanding shares during the period.
EARNINGS PER SHARE Profit after tax in relation to average number of outstanding shares during the period.
EARNINGS PER SHARE AFTER DILUTION Net income divided by the weighted average of the number of outstanding shares during
the year adjusted for the additional number of shares during conversion, including
options with dilution effect. Calculated according to IAS 33 Earnings per share.
CASH FLOW PER SHARE The cash flow in relation to the average number of outstanding shares during the period.
EQUITY PER SHARE Equity in relation to the number of shares at the end of the period.
DIVIDEND PER SHARE Completed/proposed dividend.
SHARE PRICE The last share price paid for the last share transaction of the period.
NUMBER OF (REGISTERED) SHAREHOLDERS The number of Euroclear and nominee registered shareholders according to the
Euroclear list of shareholders/share register.
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