|
RECONCILIATIONS OF NON-GAAP MEASURES TO THE NEAREST COMPARABLE GAAP MEASURES | |||||
|
| |||||
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The table below sets forth a reconciliation of our operating profit to non-GAAP free cash flow for the periods indicated: | |||||
|
| |||||
|
|
Three months ended | ||||
|
|
December 31, 2015 |
|
September 30, 2015 |
|
December 31, 2014 |
|
|
USD |
|
USD |
|
USD |
|
Operating profit |
14.3 |
|
15.4 |
|
35.5 |
|
Add: Depreciation |
23.7 |
|
23.2 |
|
21.7 |
|
Amortization |
0.0 |
|
0.0 |
|
0.0 |
|
Interest income |
0.5 |
|
0.5 |
|
0.5 |
|
Less: Capital expenditures |
(29.7) |
|
(29.2) |
|
(48.3) |
|
Non-controlling interest |
(3.0) |
|
(7.5) |
|
(12.7) |
|
Interest expense |
(0.9) |
|
(1.0) |
|
(1.0) |
|
Income tax expense |
(9.1) |
|
(3.8) |
|
(9.8) |
|
Dividend |
(3.8) |
|
- |
|
(3.8) |
|
Non-GAAP free cash flow |
(8.0) |
|
(2.4) |
|
(17.9) |
|
|
|
|
|
|
|
|
The table below sets forth a reconciliation of our operating profit to non-GAAP EBITDA for the periods indicated: | |||||
|
|
| ||||
|
|
Three months ended, | ||||
|
|
December 31, 2015 |
|
September 30, 2015 |
|
December 31, 2014 |
|
|
USD |
|
USD |
|
USD |
|
Operating profit |
14.3 |
|
15.4 |
|
35.5 |
|
Add: Depreciation |
23.7 |
|
23.2 |
|
21.7 |
|
Amortization |
0.0 |
|
0.0 |
|
0.0 |
|
Non-GAAP EBITDA |
38.0 |
|
38.6 |
|
57.2 |
|
|
|
|
|
|
|
|
The table below sets forth a calculation of our non-GAAP net debt to equity ratio for the periods indicated: | |||||
|
|
|
|
|
|
|
|
|
December 31, 2015 |
|
September 30, 2015 |
|
December 31, 2014 |
|
|
USD |
|
USD |
|
USD |
|
Short-term bank loans |
35.0 |
|
40.9 |
|
53.9 |
|
Long-term bank loans (including current portion) |
199.4 |
|
199.2 |
|
185.1 |
|
Less: Cash and cash equivalents |
(369.9) |
|
(359.7) |
|
(465.6) |
|
Net debt |
(135.5) |
|
(119.6) |
|
(226.6) |
|
Equity attributable to equity holders of the Company |
394.3 |
|
394.2 |
|
445.7 |
|
Net debt to equity ratio |
-34.4% |
|
-30.3% |
|
-50.8% |
