GLOSSARY Terms Ratios References in this document to Hong Kong are to Profit attributable Hong Kong SAR. to the Company’s Earnings per share shareholders Attributable gross rental income Gross rental income = Weighted average number less amount shared by non-controlling interests plus the of shares in issue during Group’s share of gross rental income of joint venture and the period associated companies. Equity attributable to Equity before Equity attributable to the Company’s shareholders the Company’s = non-controlling interests Equity before non-controlling interests. shareholders per share Number of shares in issue at the end of the period Gross borrowings Total of loans, bonds and overdrafts. Net debt Total borrowings and lease liabilities less Interest cover = Operating profit short-term deposits and bank balances. Net finance charges Underlying profit Reported profit adjusted principally Cash interest cover Operating profit for the impact of (i) changes in the fair value of = Total of net finance charges investment properties, (ii) deferred tax on investment and capitalised interest properties and (iii) amortisation of right-of-use assets reported under investment properties. Net debt Gearing ratio = Total equity Recurring underlying profit Underlying profit adjusted for significant credits and charges of a non-recurring nature, including gains on the sale of interests in investment properties. 75