An explanation of some of the terms and abbreviations used in this annual report is shown below.
Attributable earnings
Earnings attributable to owners of the parent.
Capital reductions cover
Basic headline earnings per share divided by capital reductions per share.
CFROI®
This is the HOLT method of cash flow return on investment used to monitor performance. CFROI® is a registered trademark in the United States of Credit Suisse First Boston or its subsidiaries or affiliates.
Compound growth %
This is the year-over-year growth rate applied to an investment or other part of the Company’s activities over a multiple-year period.
Current ratio
Current assets divided by current liabilities.
Debt : equity ratio
Net debt to total shareholders’ equity.
Distribution yield
Capital reductions per share divided by the closing share price on the JSE.
Earnings yield
Basic headline earnings per share divided by the closing share price on the JSE.
EBITDA
Operating profit before depreciation and amortisation.
Effective tax rate
Taxation expressed as a percentage of profit before taxation.
Headline earnings
This comprises the earnings attributable to owners of the parent after adjusting for re-measurements specifically included as defined in Circular 3/2009 issued by the South African Institute of Chartered Accountants.
Interest cover
Operating profit divided by net interest paid.
Market capitalisation
Closing share price on the JSE times ordinary shares in issue before deducting treasury shares.
|
|
Net debt
Long-term debt, short-term debt and bank overdrafts net of cash and cash equivalents.
Operating profit return on net assets
Operating profit and pre-tax income from associates divided by average total shareholders’ equity and net debt.
Price : earnings ratio
The closing share price on the JSE divided by basic headline earnings per share.
Quick ratio
Current assets less inventory divided by current liabilities.
Return on equity attributable to owners
of the parent
Return on equity attributable to owners
of the parent
|
|
ABC
Asian, Black and Coloured
ARM
Alternative reimbursement models
B-BBEE
Broad-based Black Economic Empowerment
BEE
Black economic empowerment
BMI
BMI Healthcare
CDP
Carbon Disclosure Project
Community
Community Hospital Group (Proprietary) Limited
CPI
Consumer price inflation
CQC
Care Quality Commission
CSI
Corporate social investment
DOH
Department of Health (South Africa)
DSM
Demand Side Management
Dti
Department of Trade and Industry, South Africa
EE
Employment equity
EMS
Emergency medical services
EPRF
Electronic Patient Report Form
FFS
Fee-for-service
GDP
Gross domestic product
GEMS
Government Employee Medical Scheme
GHG
General Healthcare Group Limited, a subsidiary in the United Kingdom
GHG
Greenhouse gas emissions
GP
General practitioner
|
|
HAQU
Health Accreditation Unit
HASA
Hospital Association of South Africa
HC
High care
HCA
Hospital Corporation of America
HCAI
Healthcare Associated Infections
GRI
Global Reporting Initiative
HIV/Aids
Human immunodeficiency virus /Acquired immune deficiency syndrome
HPFL
Health Partners for Life
IBNR
Incurred but not yet recorded
ICU
Intensive care unit
IPO
Initial public offering
ISTC
Independent Service Treatment Centre
IVF
In Vitro Fertilisation
MDGs
Millennium Development Goals
NHI
National Health Insurance
NHS
National Health Service (United Kingdom)
NHRPL
National Health Reference Price List
OECD
Organisation for Economic Cooperation and Development
PMI
Private medical insurance
PPP
Public Private Partnership
RN
Registered nurse
RPL
Reference Price List
SA
South Africa
SABR
South African Breast Milk Reserve
SEP
Single Exit Price
TB
Tuberculosis, a chronic infectious disease
UK
United Kingdom
VCT
Voluntary counselling and testing
VLBW
Very low birth weight
|
