Skip navigation links
Profile
Key Dates
Activities
Revenue Breakdown
Key Figures
Shareholding
Agenda
Cegedim IR
Glossary
Corporate Governance
Directors & Administrators
Internal control procedures
Sustainable development
Internal control procedures.pdf
Share Information
Share ID
Shareholding
Debt Financing
Documentation
Financial news release
Regulated information
Reports
Financial presentations
Shareholder's meetings
Home > Finance > Glossary

 

Financial Glossary

 

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
A
  • ACTIVITIES NOT ALLOCATED

    This division encompasses the activities the Group performs as the parent company of a listed entity, as well as the support it provides to the three operating divisions.

E
  • EBIT FROM RECURRING OPERATIONS

    Earnings Before Interest and Taxes. EBIT corresponds to net revenue minus operating expenses (such as salaries, social charges, materials, energy, research, services, external services, advertising, etc.). It is the operating income for the Cegedim Group.

  • EBIT

    This is EBIT restated to take account of non-current items, such as losses on tangible and intangible assets, restructuring, etc. It corresponds to the operating income from recurring operations for the Cegedim Group.

  • EBITDA

    Earnings before interest, taxes, depreciation and amortization. EBITDA is the term used when amortization or depreciation and revaluations are not taken into account. “D” stands for depreciation of tangible assets (such as buildings, machines or vehicles), while “A” stands for amortization of intangible assets (such as patents, licenses and goodwill). EBITDA is restated to take account of non-current items, such as losses on tangible and intangible assets, restructuring, etc. It corresponds to the gross operating earnings from recurring operations for the Cegedim Group

  • EPS

    Earnings Per Share is a specific financial indicator defined by the Group as the net profit (loss) for the period divided by the weighted average of the number of shares in circulation

  • EXTERNAL GROWTH

    External growth covers acquisitions during the current fiscal year, as well as those which have had a partial impact on the previous fiscal year, net of sales of entities and/or assets.

F
  • FREE CASH FLOW

    Free cash flow is cash generated, net of the cash part of the following items: (i) changes in working capital requirements, (ii) transactions on equity (changes in capital, dividends paid and received), (iii) capital expenditure net of transfers, (iv) net financial interest paid and (v) taxes paid

I
  • INTERNAL GROWTH

    Internal growth covers growth resulting from the development of an existing contract, particularly due to an increase in rates and/or the volumes distributed or processed, new contracts, acquisitions of assets allocated to a contract or a specific project.

L
  • LIFE-FOR-LIKE DATA

    At constant scope and exchange rates.

N
  • NET CASH

    Defined as cash and cash equivalent minus overdraft

  • NET FINANCIAL DEBT

    This represents the Company’s net debt (non-current and current financial debt, bank loans, debt restated at amortized cost and interest on loans) net of cash and cash equivalents and excluding revaluation of debt derivatives.

O
  • OPERATING EXPENSES

    Defined as purchases used, external expenses and payroll costs.

  • OPERATING MARGIN FROM RECURRING OPERATIONS

    Defined as the ratio of EBIT from recurring operations/revenue.

  • OPERATING MARGIN

    Defined as the ratio of EBIT/revenue

R
  • REVENUE AT CONSTANT EXCHANGE RATE

    The effect of changes in scope is corrected by restating the sales for the previous period as follows: • by removing the portion of sales originating in the entity or the rights acquired for a period identical to the period during which they were held to the current period; • similarly, when an entity is transferred, the sales for the portion in question in the previous period are eliminated.

  • REVENUE ON A LIKE-FOR-LIKE BASIS

    When changes in revenue at constant exchange rate are referred to, it means that the impact of exchange rate fluctuations has been excluded. The term “at constant exchange rate” covers the fluctuation resulting from applying the exchange rates for the preceding period to the current fiscal year, all other factors remaining equal.