Definitions and glossary
Definitions
In this website the following words and expressions shall, unless the context otherwise requires, have the following meanings:
- Administrative expenses
- Costs not directly incurred in the purchase, processing and distribution of merchandise or support of retail outlets
- Adopted IFRS
- International Financial Reporting Standards as adopted by the European Union
- ADR
- American Depositary Receipt evidencing title to an ADS
- ADS
- American Depositary Share representing ten Signet Group plc shares
- APB
- Accounting Principles Bulletin (US)
- Annual Report
- Annual Report and Accounts
- c.a.g.r.
- Compound annual growth rate
- Company
- Signet Group plc
- Depositary
- Deutsche Bank Trust Company Americas, depositary under the amended and restated deposit agreement for the issue of ADRs
- Directors
- The directors of the Company
- Earnings per share (EPS)
- Profit attributable to shareholders divided by the weighted average number of shares in issue
- ESOT
- Signet Group Employee Share Trust
- FAS
- Statement of Financial Accounting Standards (US)
- Fixed charge cover
- The ratio of earnings before interest, tax, amortisation, rent, rates and operating lease expenditure to net finance income and expense plus rents, rates and operating lease expenditure.
- FRS
- Financial Reporting Standard (UK)
- FURBS
- Signet Group Funded Unapproved Retirement Benefit Scheme
- GAAP (UK or US)
- Generally Accepted Accounting Principles
- Gearing
- Net debt as a percentage of total equity
- Group
- Signet Group plc and its subsidiary undertakings
- Historic UK GAAP
- UK GAAP as at 29 January 2005
- HMRC
- HM Revenue and Customs
- Holding company
- Signet Group plc
- IAS
- International Accounting Standard
- IFRS
- International Financial Reporting Standard
- Independent (directors)
- Considered to be independent under the Combined Code
- LIBOR
- London Inter-Bank Offered Rate
- LTIP
- Long Term Incentive Plan
- NASD
- National Association of Securities Dealers
- Nasdaq
- National Association of Securities Dealers Automated Quotations
- Net debt
- Cash and cash equivalents, less borrowings falling due within one year and borrowings falling due in more than one year
- NYSE
- New York Stock Exchange
- Pounds, £, pound sterling, pence or p
- Units of UK currency
- QUEST
- Signet Group Qualifying Employee Share Trust
- Return on capital employed (ROCE)
- Operating profit divided by monthly average capital employed
- RPI
- Retail Price Index
- Sarbanes-Oxley Act
- Sarbanes-Oxley Act of 2002
- SEC
- Securities and Exchange Commission
- Shares
- Ordinary shares of 0.5 pence each in Signet Group plc to 4 February 2007; which were redenominated into ordinary shares of 0.9 cents of a US dollar on 5 February 2007
- Signet
- Signet Group plc and its subsidiary undertakings
- SORIE
- Statement of Recognised Income and Expense
- SSAP
- Statement of Standard Accounting Practice (UK)
- UK or United Kingdom
- United Kingdom, Channel Islands, Isle of Man and the Republic of Ireland
- US or United States
- United States of America
- US dollar, $, ¢ or cents
- Units of US currency
Glossary of terms
| Terms used in Annual Report & Accounts | US equivalent or brief description |
| Accounts | Financial statements |
| Allotted | Issued |
| Bank loans/loan notes | Long-term debt |
| Called up share capital | Shares, issued and fully paid |
| Capital allowances | Tax term equivalent to US tax depreciation allowances |
| Cash at bank and in hand | Cash and cash equivalents |
| Creditors | Payables |
| Debtors | Receivables |
| Finance expense | Interest expense |
| Finance income | Interest income |
| Finance lease | Capital lease |
| Freehold | Ownership with absolute rights in perpetuity |
| Like for like sales | Same store sales at constant exchange rates |
| Profit | Income |
| Profit and loss account | Income statements |
| Profit and loss account reserve | Retained earnings |
| Profit attributable to shareholders | Net income |
| Property, plant and equipment | Property and equipment |
| Share capital | Capital stock or common stock |
| Share option | Stock option |
| Shareholders’ funds | Shareholders’ equity/net assets |
| Share premium account | Additional paid-up capital or paid-in surplus (not distributable) |
| Shares in issue | Shares outstanding |
| Stocks | Inventories |
| Tangible fixed assets | Property and equipment |
| Value Added Tax (VAT) | UK sales tax |