Download Annual Report 2003 - Mühlbauer Group

FINANCIAL GLOSSARY
Balance sheets:
Gross cash position:
Gross profit on sales:
Cash flow:
Earnings per share:
EBIT:
EBIT margin:
EBITDA:
Equity ratio:
A quantitative summary of a company's financial condition at a specific
point in time, including assets, liabilities and net worth. The first part of a
balance sheet shows all the productive assets a company owns, and the
second part shows all the financing methods (such as liabilities and
shareholders' equity).
Liquid assets plus securities of current and financial assets.
Pre-tax net sales minus cost of sales. Also called gross income.
A measure of a company's financial health. Equals cash receipts minus
cash payments over a given period of time; or equivalently, net profit plus
amounts charged off for depreciation, depletion, and amortization.
EPS. Total earnings divided by the number of shares outstanding.
Companies often use a weighted average of shares outstanding over the
reporting term. EPS can be calculated for the previous year ("trailing
EPS"), for the current year ("current EPS"), or for the coming year ("forward
EPS"). Note that last year's EPS would be actual, while current year and
forward year EPS would be estimates.
A measure of a company's earning power from ongoing operations, equal
to earnings before deduction of interest payments and income taxes. For
Mühlbauer this is the key figure to rate the operational profitability.
A key figure to appoint the earning power, which shows the EBIT
proportional to sales.
Earnings Before Interest, Taxes, Depreciation and Amortization. An
approximate measure of a company's operating cash flow based on data
from the company's income statement. Calculated by looking at earnings
before the deduction of interest expenses, taxes, depreciation, and
amortization.
Shows the share in the equity of a company. This key figure describes the
proportion of equity and total assets.
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