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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

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OVERVIEW OF OUR INTEGRATED REPORT
Overview
About this report
OVERVIEW OF THE DATATEC GROUP
Who we are
Our divisions
Our operating context
Our operating environment
Our stakeholders
Our value creation business model
Logicalis' value creation business model
Westcon International's value creation business model
CREATING AND DELIVERING VALUE
Our strategy
Medium-term strategic objectives
Our strategic progress
Strategic risk management
Strategic remuneration
Statement of commitment to good governance and assurance
Value creation through governance
Our leadership
Chair's review
Executive directors' report
Fair and responsible remuneration
Responsible business overview
Our communities
Our people
Health and safety
BBBEE and transformation
Our planet
Logicalis divisional review
Westcon International divisional review
MEASURING VALUE
Value creation at a glance
Value added statement
Executive directors' report on Group results
Logicalis performance
Westcon International performance
Five-year review
SUPPLEMENTARY INFORMATION
Glossary
Financial and technical definitions
Contact details
Company information