Financial and technical definitions
Financial definitions
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
DBW
Deferred Bonus Warrant
EBITDA
Earnings before interest, taxation, depreciation
FY
Financial year; for Datatec, ended/ending 28/29
February
H1
The first half of the financial year, from 1 March to
31 August
H2
The second half of the financial year, from1 September to 28 February
IFRS
International Financial Reporting Standards
P/E ratio
Price-earnings ratio
ROIC
Return on invested capital. This is calculated by
dividing net operating profit after tax by average
invested capital
SARs
Share Appreciation Rights
STI
Short-term incentive
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
Technical definitions
aaS
As a service
AI
Artificial intelligence
API
Application Programming Interface – used for
building software applications
B2B
Business-to-business
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
CRM
Customer relationship management
Data centre
A centralised storage facility by an application
service provider to retain database information
ERP
Enterprise resource planning , software that
manages and integrates business processes
through a single system
Hardware
The machines, wiring and other physical
components or other electronic system
IaaS
Infrastructure as a service
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
Networking
The construction, design and use of a network
Software
The programs and other operating information used
by a computer





Report Index