Financial and technical definitions

Financial definitions
  Amortisation   The systematic allocation of the cost of an intangible asset over its useful life
  CAGR   Compound annual growth rate
  CDI   A daily average of overnight interbank loans, used as an investment benchmark in the Brazilian financial system
  Constant currency   Constant currency information includes figures for the current period had they been translated at the average foreign currency exchange rates of the prior reporting period
  CSP   Conditional Share Plan
  DBP   Deferred Bonus Plan
  DCF   Discounted cash flow
  Depreciation   The systematic allocation of the cost of an asset, less its residual value, over its useful life
  DSO   Days sales outstanding
  EAP   Equity Appreciation Plan
  EBITDA   Earnings before interest, taxation, depreciation and amortisation
  EIBOR   Emirates interbank offered rate
  EPS   Earnings per share, the portion of a company’s profit attributable (equally) to each outstanding ordinary share
  FEC   Foreign exchange contract
  FVTPL   Fair value through profit or loss
  FY   Financial year; for Datatec, ending 28/29 February
  HEPS   Headline earnings divided by the weighted average number of shares in issue during the financial year
  IFRS   International Financial Reporting Standards
  LIBOR   London Interbank Offered Rate
  LTIP   Long-Term Incentive Plan
  P/E ratio   Price-earnings ratio
  Q1   First quarter of the financial year
  ROIC   Return on invested capital. This is calculated by dividing net operating profit after tax by average invested capital
  SARs   Share Appreciation Rights
  SAR Scheme   The Datatec Limited Share Appreciation Rights Scheme
  SENS   Stock Exchange News Service
  TSR   Total shareholder return
  UEPS   Underlying earnings divided by the weighted average number of shares in issue during the financial year
  Underlying earnings   Earnings excluding impairments of goodwill and intangible assets, profit or loss on sale of investments and assets, amortisation of acquired intangible assets, unrealised foreign exchange movements, acquisition-related adjustments, fair value movements on acquisition-related financial instruments, restructuring costs relating to fundamental reorganisations and the taxation effect on all of the aforementioned
  VWAP   30-day volume weighted average price
Technical definitions
  aaS   As a service; something being made available to a customer as a service
  AI   Artificial intelligence
  API   Application Programming Interface – used for building software applications
  Big data   A collection of data sets so large and complex that it becomes difficult to process using on-hand database management tools or traditional data processing applications
  Cloud computing   A generic term for flexible or hosted on the internet IT-related services for consumers and business, including storage, computing power, software development, and applications. These services eliminate the need for in-house IT resources
  Cloud services   Services made available to users on demand via the internet from a cloud computing provider’s servers
  Collaboration   Collaboration refers to highly diversified teams working together inside and outside a company with the purpose of creating value by improving innovation, customer relationships and efficiency while leveraging technology for effective interaction between the virtual and physical spaces
  Data analytics   The process of examining raw data with the purpose of drawing conclusions about that information. Data analytics is used in many industries to allow companies and organisations to make better business decisions
  ERP   Enterprise Resource Planning
  Data centre   A centralised storage facility by an application service provider to retain database information
  Hardware   The machines, wiring and other physical components or other electronic system
  ICT   Information and communication technology, an umbrella term that includes any communication device or application, encompassing radio, television, mobile phones, computer and network hardware and software and satellite systems
  Infrastructure   Refers to an entity’s entire collection of hardware, software, networks and services required for the operation and management of the IT environment
  IoT   The Internet of Things. The network of physical devices, vehicles, buildings and other items – embedded with electronics, software, sensors and network connectivity that enable these objects to collect and exchange data
  IT   Information Technology
  Mobility   The technology used for cellular communication
  Networking   The construction, design and use of a network
  PC   Personal computer
  VDI   Virtual desktop infrastructure