In the various reports of the Carlo Gavazzi Group (annual report, interim statement, presentations, media releases), alternative performance measures (APM) are used which are not defined in accordance with International Financial Reporting Standards (IFRS). They should not be considered in isolation or as a substitute, but rather as a supplement to financial measures used under IFRS.
| The APM are defined as follows: | |
| Bookings | Orders received for products from customers |
| Book-to-bill ratio | Bookings divided by revenue from sale of goods |
| EBITDA | Net profit for the year before interest, taxes, depreciation and amortization |
| Equity ratio | Total equity attributable to owners of Carlo Gavazzi Holding AG divided by total assets as percentage |
| Net cash position | Cash and cash equivalents less borrowings |
| Net working capital (NWC) | Total current assets less cash and cash equivalents less total current liabilities plus borrowings (bank overdrafts) |
| Return on equity (ROE) | Net profit for the year divided by total equity attributable to owners of Carlo Gavazzi Holding AG as percentage |