Underlying EBITDA definition

Underlying EBITDA means underlying EBITDA calculated in the same manner as set out in TGH's 2017 Annual Report which excludes the effects of certain IFRS fair value adjustments and items that are of a non-recurring nature.

Underlying EBITDA means, with respect to the Company and its Subsidiaries for any period, the sum of (i) the amount of EBITDA set forth in the DIP Term Credit Agreement, (ii) plus any expenses or charges related to the transactions contemplated in this Equity Commitment Agreement and the Plan, (iii) plus or minus, as applicable, metal lag resulting from gains or losses in inventory value due to changes in aluminum prices for such period, as calculated by the Company consistent with past practices, (iv) plus or minus any net one-time cash gains or losses directly resulting from the termination of transactional (non-aircraft related) metal Hedging Agreements (as defined in the DIP Term Credit Agreement) by a counterparty to the Company upon (or as a result of) the filing of the Chapter 11 Cases.

Underlying EBITDA means EBITDA adjusted for extraordinary items. In this connection, extraordinary items are expenses and income that are of an exceptional or a one-time nature and accordingly distort the sustainable profitability of a segment and, from the Group’s perspective, have a material impact on the net worth, financial position and earnings of the Group.

Examples of Underlying EBITDA in a sentence

• Segment performance is measured by Underlying EBIT and Underlying EBITDA.

• If this difference was over 50 percent, the downstream and upstream charts for this unit were individually reviewed.

• Underlying Operating Profit, Underlying EBITDA, Underlying Net Income and Underlying Cash EBITDA provide supplemental measures of earnings that facilitates a review of operating performance on a period-over-period basis by excluding non-recurring and other items that are not indicative of the Group's underlying operating performance.

• Underlying EBITDA (earnings before interest, taxes, depreciation and amortization) as a target parameter ) is adjusted for extraordinary items.

• A reconciliation of Underlying EBIT, Underlying EBITDA and the Group’s consolidated profit after tax is set out on the following pages.

More Definitions of Underlying EBITDA

Underlying EBITDA means EBITDA excluding exceptional items and other adjustingitems;

Underlying EBITDA means earnings before interest, tax, depreciation, and amortization. Underlying EBITDA is stated after interest and depreciation, amortization and impairment of non-current assets but before store opening costs and staff share-based payments including related social security charges.

Underlying EBITDA means underlying EBITDA from continued operations, calculated as:

Underlying EBITDA means, in relation to a Relevant Period, EBITDA for that Relevant Period adjusted by:

Underlying EBITDA means EBITDA excluding exceptional items within EBITDA.

Underlying EBITDA net profit before certain exceptional items, interest, taxes, depreciation and amortisation.

Underlying EBITDA means earnings before interest, taxation, depreciation and amortisation, as adjusted for non-underlying items.