Examples of Special Items in a sentence
Extraordinary and Special Items Extraordinary items are transactions or events that are both unusual in nature and infrequent in occurrence.
Appendix I details certain costs, expenses and other amounts or charges, collectively described as "Special Items," that are included in the determination of net income, earnings per share and/or cash flows from operating activities under GAAP, but that management believes should be separately considered when evaluating the quality of the Company’s core operating results, given they may not reflect the ongoing activities of the business.
Furthermore, Adjusted Net Income does not include the so-called Special Items, i.e. certain material items whose 1 Some of metrics presented in this Note are classified as Alternative Performance Metrics (APMs) in accordance with ESMA guidelines (for further information, see Appendix I of the Consolidated Management Report or www.repsol.com .
The Company defines Free Cash Flow as Net Cash Provided by/Used for Operating Activities, excluding the cash impact of Special Items, less Capital Expenditures.
Special Items are not allocated to any segment and therefore only impact worldwide GAAP results.