Cash Flow Return on Invested Capital definition

Cash Flow Return on Invested Capital means Cash Flow Conversion divided by Average Capital Employed. Cash Flow Conversion equals Adjusted Free Cash Flow, which equals “net cash provided by operating activities”, less “expenditures for property, plant and equipment” (both as reported externally in the Company’s consolidated statement of cash flows), plus or minus Permitted Adjustments (defined below) plus Cash Interest, which is cash interest expense paid on outstanding debt. Average Capital Employed for each fiscal year equals total debt plus shareholders’ equity averaged over five points (i.e., the last day of each fiscal quarter and prior fiscal year-end); and where shareholder’s equity excludes shareholder equity attributable to minority shareholders. Permitted Adjustments include: Restructuring Charges • Fees and expenses for restructuring consultants or financial advisors • Employee severance, outplacement and related benefits • Employee insurance and benefits continuation • Contractual salary continuation for terminated employees • Equipment transfers and facility preparation • Environmental services (e.g., plant clean-up prior to sale) Acquisition and Divestiture Charges • Fees and expenses for transaction advisors • Integration expenses • Other incremental costs and charges that are non-recurring and directly related to the transaction Other • Fees and expenses for strategy advisory services associated with a specific transaction or unique project • Unusual, non-recurring or extraordinary cash and non-cash charges or income Adoption of New Accounting Standards • The impact of the adoption of new U.S. GAAP accounting standards and significant changes in the Company’s accounting methods. Divestitures • The impact of significant divestitures, such that annual metrics will be calculated on a “continuing operations” basis for the periods following divestiture. Notwithstanding the foregoing, the Committee may disregard all or part of any Permitted Adjustment as separately applicable to each performance metric if doing so would decrease the amount payable under this Performance Cash Award.

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Cash Flow Return on Invested Capital means the sum of Adjusted Free Cash Flow plus Cash Interest, all divided by Average Capital Employed. o Adjusted Free Cash Flow equals “Net cash provided by operating activities”, less “Expenditures for property, plant and equipment” (both as reported externally for the Company’s audited financial statements), plus or minus Permitted Adjustments (defined below) approved by the Committee and Cash Interest equals cash paid for interest expense related to outstanding debt.

Cash Flow Return on Invested Capital means Cash Flow Conversion divided by Average Capital Employed. Cash Flow Conversion equals Adjusted Free Cash Flow, which equals current fiscal year “net cash provided by operating activities”, less “expenditures for property, plant and equipment” (both as reported externally in the Company’s consolidated statement of cash flows), plus or minus Permitted Adjustments (defined below) plus Cash Interest, which is cash interest expense paid on outstanding debt. Average Capital Employed equals total debt plus shareholders’ equity measured on each of the following quarter-ends: March 31, 2018, June 30, 2018, September 30, 2018, December 31, 2018 and March 31, 2019; divided by five; and where shareholder’s equity excludes shareholder equity attributable to minority shareholders. Permitted Adjustments include: · Fees and expenses for restructuring consultants or financial advisors · Employee severance, outplacement and related benefits · Employee insurance and benefits continuation · Contractual salary continuation for terminated employees · Equipment transfers and facility preparation · Environmental services (e.g. plant clean-up prior to sale) · Fees and expenses for transaction advisors · Integration expenses · Other incremental costs and charges that are non-recurring and directly related to the transaction · Fees and expenses for strategy advisory services associated with a specific transaction or unique project · Unusual, non-recurring or extraordinary cash and non-cash charges or income • The impact of the adoption of new U.S. GAAP accounting standards and significant changes in the Company’s accounting methods. Notwithstanding the foregoing, the Committee may disregard all or part of any Permitted Adjustment as separately applicable to each performance metric if doing so would decrease the amount payable under this Performance Stock Award.

Examples of Cash Flow Return on Invested Capital in a sentence

Each package will include a schematic design, basis for design and Rough Order of Magnitude (ROM) costing.
Cash Flow Return on Invested Capital is defined as consolidated cash flow from operating activities plus income taxes paid minus capital expenditures, the difference of which is divided by the difference between total assets and non-interest bearing current liabilities.
The Performance Goals for this Performance Cash Award are: Cash Flow Return on Invested Capital (“CFROIC”) and Average Annual Revenue Growth (“Revenue Growth”), with each having a 50% weight.
Cash Flow Return on Invested Capital is defined as consolidated cash flow from operating activities minus capital expenditures, the difference of which is divided by the difference between total assets and non-interest bearing current liabilities.
The Performance Goals for this Performance Stock Award are: • Cash Flow Return on Invested Capital (“Cash Flow ROI”) (50% weight) • Average Annual Adjusted EBITDA Growth (50% weight) The Threshold Performance Goals are the minimum Performance Goals that must be achieved by the Company during the Performance Period for you to earn any Common Stock under this Performance Stock Award.
The Performance Goals for this Performance Stock Award are: Cash Flow Return on Invested Capital (“Cash Flow ROI”) and Average Annual Adjusted EBITDA Growth, with each having a 50% weight.
The Performance Goals for this Performance Cash Award are: Cash Flow Return on Invested Capital (“Cash Flow ROI”) and Average Annual Adjusted EBITDA Growth (“Revenue Growth”), with each having a 50% weight.