Plastic Omnium - 2018 Registration Document

8 OTHER INFORMATION Glossaries PLASTIC OMNIUM 2018 REGISTRATION DOCUMENT 299 GLOSSARIES FINANCIAL GLOSSARY A AMF (French Financial Markets Authority) Financial institution and French independent administrative authority whose role is to set the operating and ethics rules of the markets, monitor the markets and protect investors and shareholders. B Broker Intermediary between a buyer and a seller, the broker facilitates trades between different traders or asset managers. C Capital expenditures and projects Corresponds to acquisitions of property, plant and equipment and intangible assets, net of disposals, the net change in advances to suppliers of fixed assets and investment subsidies received (see Cash-flow Statement in Section 4.7, line E of Part II and Note I.5 to the consolidated financial statements, line E: “Net cash used in operations”). Consolidated sales (revenue) Does not include the share of joint ventures, consolidated by using the equity method, in accordance with IFRS 10-11-12, or the revenue of Plastic Omnium Environnement, pursuant to IFRS 5 as of January 1, 2018. E EBITDA Corresponds to the operating margin which includes the share of profit of associates and joint ventures before allowances for depreciation and operating provisions. Economic revenue Corresponds to consolidated revenue, plus revenue from the Group's joint ventures, consolidated at their percentage of ownership: BPO (50%), YFPO (49.95%) and HBPO (33.33%) until its global integration on July 1, 2018. The figure reflects the operational and managerial realities of the Group. Equities Negotiable security representing a fraction of a company’s share capital. Equities grant certain rights to its shareholders. The share may be held in registered or bearer form. Euronext Paris Market operator which organizes, manages and develops the Paris securities markets. It performs a market regulatory function (financial transactions, monitoring of brokers) through delegation of the AMF. Ex-dividend date The date on which the share’s dividend is paid. The dividend amount is deducted from the closing price on the day preceding the ex-dividend date. The dividend will then be received by the shareholder on the payment date. On the ex-dividend date, the opening price theoretically loses the equivalent value of the dividend from its closing price of the day before. F Float Portion of the equity capital available to the public and used in stock market trading. Plastic Omnium’s float was 39.98% at December 31, 2018%. Freecash-flow Corresponds to the operatingcash-flow, less tangible and intangible investments net of disposals, taxes and net interest paid +/- the change in working capital requirements (cash surplus from operations). G Gearing The net debt rate (net debt/shareholders’ equity) is the ratio which measures a company’s level of indebtedness in relation to its shareholders’ equity. I IFRS (International Financial Reporting Standards) International accounting standards established by the IASB (International Accounting Standards Board). Since January 1, 2005, the preparation of consolidated financial statements is mandatory for all listed companies in Europe to facilitate the comparison of their financial positions. M Market capitalization Value of all the shares of a company on the market at a given time. It is equal to the sock market price multiplied by the number of shares comprising the equity capital of the Company. N Net debt Includes all long-term borrowings, short-term borrowings and bank overdrafts less loans, marketable debt instruments and other non-current financial assets, and cash and cash equivalents. Net dividend per share Share of the net income of a company distributed to shareholders. Its amount is voted on by shareholders at the Shareholders’ Meeting, after approval of the annual financial statements and on the recommendation of the Board of Directors. Net profit – Group share The profit or loss of the Company is obtained by adding the operating margin, other income and expenses, net financing expenses, net income after tax of discontinued, or being discontinued, operations and by deducting net income tax and earnings payable to minority shareholders.