Glossary

Black Belt

Aggreko Black Belts undertake a year of intensive training in continuous improvement, spanning a blend of operations improvement, project management, change management and lean/six sigma tools and techniques. The Black Belts' focus is on the delivery of major, and often, Group-wide improvement projects and also in the training of our Orange Belts.

Names that are in bold and coloured black on the inside of the front and back cover indicate Aggreko Black Belts.

CO₂

Carbon dioxide.

Diluted earnings per share

Profit after tax divided by the diluted weighted average number of ordinary shares ranking for dividend during the relevant period, i.e. including  the impact of share options.

ERP system

A software package which is designed to manage all the operational and accounting functions of our business.

g/kWh

Emissions in grams per kilowatt hour.

Hub

A large service centre where large items of equipment are stored and serviced.

Power Projects business

The part of our business which handles very large power contracts. Customers are mainly in developing countries but power projects can arise anywhere in the world.

kVA

A thousand volt amperes.

Local business

The part of our business that looks after customers  local to our service centres in North and Latin America, Europe, the Middle East, Africa, Asia and Australasia.

LWA

Sound power level at source.

MW

Megawatt – a million watts of electricity.

NOx

Oxides of nitrogen.

Orange Belt

The Orange Belts are trained for two weeks in improvement techniques and continue to work in their business area making localised improvements  in service, sales and administration, ultimately aiming to make Aggreko more efficient and provide ongoing improvement for our customers.

Names that are in bold and coloured orange on the inside of the front and back cover indicate Aggreko Orange Belts.

Operating profit (Also known as EBIT)

Profit from operations after gain on sale of property, plant and equipment but before interest and tax.

Particulate

In general this term relates to visible smoke.

pp

Percentage points.

Profit after tax

Profit attributable to equity shareholders.

Spoke

A small service centre which provides a logistics point from where equipment can be prepared and sent out quickly to customers.

Tier 1, Tier 2, Tier 3, Tier 4

US Federal Government target emission reduction levels.

Trading profit

Operating profit before gain on sale of property, plant and equipment.