Glossary
Black Belt
Aggreko Black Belts undertake a year of intensive training in continuous improvement, spanning a blend of operations improvement, project management, change management and lean/six sigma tools and techniques. The Black Belts' focus is on the delivery of major, and often, Group-wide improvement projects and also in the training of our Orange Belts.
Names that are in bold and coloured black on the inside of the front and back cover indicate Aggreko Black Belts.
CO2
Carbon dioxide.
Diluted earnings per share
Profit after tax divided by the diluted weighted average number of ordinary shares ranking for dividend during the relevant period, i.e. including the impact of share options.
EBITDA
Earnings before interest, tax, depreciation and intangible asset amortisation.
ERP system
A software package which is designed to manage all the operational and accounting functions of our business.
g/kWh
Emissions in grams per kilowatt hour.
Hub
A large service centre where large items of equipment are stored and serviced.
Power Projects business
The part of our business which handles very large power contracts. Customers are mainly in developing countries but power projects can arise anywhere in the world.
kVA
A thousand volt amperes.
Local business
The part of our business that looks after customers local to our service centres in North and Latin America, Europe, the Middle East, Africa, Asia and Australasia.
LWA
Sound power level at source.
MW
Megawatt – a million watts of electricity.
NOx
Oxides of nitrogen.
Orange Belt
The Orange Belts are trained for two weeks in improvement techniques and continue to work in their business area making localised improvements in service, sales and administration, ultimately aiming to make Aggreko more efficient and provide ongoing improvement for our customers.
Names that are in bold and coloured orange on the inside of the front and back cover indicate Aggreko Orange Belts.
Operating profit (Also known as EBIT)
Profit from operations after gain on sale of property, plant and equipment but before interest and tax.
Particulate
In general this term relates to visible smoke.
pp
Percentage points.
Profit after tax
Profit attributable to equity shareholders.
Returns on average capital employed
Calculated by dividing operating profit for a period by the average of the net operating assets as at 1 January, 30 June and 31 December.
Spoke
A small service centre which provides a logistics point from where equipment can be prepared and sent out quickly to customers.
Tier 1, Tier 2, Tier 3, Tier 4
US Federal Government target emission reduction levels.
Trading profit
Operating profit before gain on sale of property, plant and equipment.