We use Adjusted EBITDA as an internal measure
of business operating performance and believe that the presentation of non-GAAP financial measures provides a meaningful perspective of the underlying operating performance of our current business and enables investors to better understand and evaluate our historical and prospective operating performance by eliminating items that vary from period to period without correlation to our core operating performance and highlights trends in our business that may not otherwise be apparent when relying solely on GAAP financial measures.
One internal measure
of IMA success has been to outperform the industry growth rate.
Receiving a PAS Award is a matter of prestige for ad agencies and brands and they use it as their internal measure
of marketing excellence.
Fitch's internal measure
of capital (Fitch Core Capital) across the "big five" rose 31bp in 2017 to 13.6%.
Brand Contribution is an internal measure
of profitability before the allocation of certain Group pooled costs such as finance, information technology and human resources.
We use our own internal measure
of how a client interacts with us.
Capital ratios across the five banks ticked up by 42bp in 2016 on Fitch's internal measure
(Fitch Core Capital) and also rose at a similar level on regulatory measures.
EVA is an internal measure
that highlights the increase in wealth to the shareholder by investing in the organisation's shares.
Moreover, the major purpose of grading, the researchers add, "changed from an internal measure
and motivator of student performance to a measure principally used for external evaluation of graduates"--potential job applicants.
The comprehensive admissions score is an internal measure
that Northwestern uses to identify the strongest candidates and takes into account standardised test scores, high school grades, essays, recommendations and a personal interview.
Instead, they are an internal measure
of how we feel at any given time.
But the group said revenue profit, which is its internal measure
of underlying pre-tax group profits used to assess its performance, was 10.6% ahead at pounds 315m.