| Appropriated capital | Net intangible fixed assets + goodwill + tangible fixed assets + working capital. Average = (Appropriated capital at the end of last year + Appropriated capital at the end of the last period) / 2. |
| Appropriated capital Average | Half yearly average appropriated capital at the beginning and at the end of the period. Average = (Appropriated capital at the end of last year + Appropriated capital at the end of the last period) / 2. For the full year: average of the half yearly averages. |
| Associated companies | Entities in which Recticel has a significant influence and that are processed using the equity-method. |
| CGU | Is short for Cash Generating Unit or Cashflow Generating Unit. |
| Earnings per share base | Net result for the period (Group share) / Average outstanding shares over the period. |
| Earnings per share diluted | Net result for the period (Group share) / (Average number of outstanding shares over the period - own shares + (number of possible new shares that have to be issued within the framework of the existing outstanding stock option plans x dilution effect of the stock option plans)). |
| EBIT | Operating results + profit or loss from equities. |
| EBITDA | EBIT + depreciation and additional impairments/increases on assets. |
| Equity capital | Total equity including minority interests. |
| Gearing ratio | Net financial debt / Total equity (including shares of external parties). |
| Investments | Capitalized investments in tangible and intangible assets. |
| Joint ventures | Entities that are controlled jointly and that are consolidated proportionately. |
| Market capitalization | Closing price x total number of outstanding shares. |
| Net financial debt | Interest bearing financial debts at more than one year + interest bearing financial debts within maximum one year - cash flows and cash equivalents. |
| Non-recurring elements | Non-recurring elements include operating revenues expenses and provisions that pertain to restructuring programmes. |
| Recurring EBIT(DA) or REBIT(DA) | EBIT(DA) for non-recurring elements. |
| Return on Capital Employed | EBIT / average appropriated capital. |
| Return on Equity (ROE) | Net result for the period (share of the Group) / Average total equity over the period (share of the Group). |
| ROCE | Return On Capital Employed. |
| Subsidiaries | Fully consolidated entities under Recticel control. |
| Working capital | Inventories + trade receivables + other receivables + recoverable taxes - trade payables - payable taxes - other commitments. |
| VVPR | Is short for Reduced Tax / Precompte Reduit. |
| VVPR-strip | Gives the holder the right to collect a dividend with a reduced withholding tax of 15% (instead of 25%). |