• Ferrexpo :
• Anual Report and Accounts 2010 :
• Overview :

Key performance indicators

The Board and the Executive Committee of Ferrexpo monitor the Group’s performance using a range of key performance indicators (‘KPIs’). These KPIs are regularly reported on and reviewed by management and provide a useful measure of the Group’s operational, financial and safety performance. They are reported in this Annual Report to enable all stakeholders to assess the Group’s results on a clear and consistent basis.

1. Lost Time Injury Frequency Rate: The rate of lost time injuries per million man hours worked. Following the increased focus on safety and the review by DuPont, incidents that previously went unreported are now being reported.
2. The Group calculates EBITDA as profit from continuing operations before tax and finance plus depreciation and amortisation (included in cost of sales, administrative expenses and selling and distribution costs) and non-recurring cash items included in other income, non-recurring cash items included in other costs plus the net gain/(loss) from disposal of subsidiaries and associates. The Group presents EBITDA because it believes that EBITDA is a useful measure for evaluating its ability to generate cash and its operating performance. See note 5 to the accounts.
3. EPS (Earning per Share) (diluted) is calculated by dividing the profit for the year attributable to ordinary equity shareholders of Ferrexpo plc by the weighted average number of Ordinary Shares adjusted by any dilutive share awards that have not yet vested.