Glossary A ACC Austrian Commercial Code ACCG Austrian Code of Corporate Governance AGM Annual General Meeting B bbl Barrel (1 barrel equals approximately 159 liters) bbl/d Barrels per day bcf Billion standard cubic feet (60 °F/16 °C) bcm Billion standard cubic meters (32 °F/0 °C) bn Billion boe Barrel of oil equivalent boe/d Barrel of oil equivalent per day C CAPEX Capital Expenditure capital employed Equity including non-controlling interests plus net debt cbm Standard cubic meters (32 °F/0 °C) CCS/CCS effects/inventory holding gains/(losses) Current Cost of Supply; inventory holding gains and losses represent the difference between the cost of sales calculated using the current cost of supply and the cost of sales calculated using the weighted average method after adjusting for any changes in valuation allowances in case the net realizable value of the inventory is lower than its cost. In volatile energy markets, measurement of the costs of petroleum products sold based on historical values (e.g. weighted average cost) can have distorting effects on reported results (Operating Result, net income, etc.). The amount disclosed as CCS effect represents the difference between the charge to the income statement for inventory on a weighted average basis (adjusted for the change in valuation allowances related to net realizable value) and the charge based on the current cost of supply. The current cost of supply is calculated monthly using data from supply and production systems at the Downstream Oil level CEE Central and Eastern Europe CEGH Central European Gas Hub cf Standard cubic feet (60 °F/16 °C) CGU Cash generating unit Clean CCS EPS Clean CCS Earnings Per Share is calculated as clean CCS net income attributable to stockholders divided by weighted number of shares Clean CCS net income attributable to stockholders Net income attributable to stockholders, adjusted for the after tax effect of special items and CCS Clean CCS Operating Result Operating Result adjusted for special items and CCS effects. Group clean CCS Operating Result is calculated by adding the clean CCS Operating Result of Downstream Oil, the clean Operating Result of theother segments and the reported consolidation effect adjusted for changes in valuation allowances, in case the net realizable value of the inventory is lower than ist cost Clean CCS ROACE Clean CCS Return On Average Capital Employed is calculated as NOPAT (as a sum of current and last three quarters) adjusted for the after-tax effect of special items and CCS, divided by average capital employed (%) Co&O Corporate and Other E ECL Expected credit losses EPS Earnings Per Share; net income attributable to stockholders divided by total weighted average shares EPSA Exploration and Production Sharing Agreement equity ratio Equity divided by balance sheet total, expressed as a percentage EU European Union EUR Euro F FVOCI Fair value through other comprehensive income FVTPL Fair value through the statement of profit or loss FX Foreign exchange G G2P Gas-to-power GDP Gross Domestic Product gearing ratio Net debt divided by equity, expressed as a percentage H HSSE Health, Safety, Security, and Environment I IASs International Accounting Standards IFRSs International Financial Reporting Standards K kbbl/d Thousand barrels per day kboe Thousand barrels of oil equivalent kboe/d Thousand barrels of oil equivalent per day km2 Square kilometer KPI Key Performance Indicator KStG Austrian Corporate Income Tax Act L leverage ratio Net debt divided by capital employed, expressed as a percentage LNG Liquefied Natural Gas LTIR Lost-Time Injury Rate per million hours worked M min Minute mn Million MPPH Mubadala Petroleum and Petrochemicals Holding Company L.L.C MW Megawatt MWh Megawatt hour N n.a. Not available n.m. Not meaningful NCI Non-controlling interests net assets Intangible assets, property, plant and equipment, equity-accounted investments, investments in other companies, loans granted to equity-accounted investments, total net working capital, less provisions for decommissioning and restoration obligations net debt Interest-bearing debts including bonds and finance lease liabilities less liquid funds (cash and cash equivalents) net income Net operating profit or loss after interest and tax NGL Natural Gas Liquids; natural gas that is extracted in liquid form during the production of hydrocarbons NOK Norwegian krone NOPAT Net Operating Profit After Tax;Net income + Net interest related to financing – Tax effect of net interest related to financingNOPAT is a KPI that shows the financial performance after tax, independent of the financing structure of the company. NZD New Zealand dollar O OCI Other comprehensive income ÖBAG Österreichische Beteiligungs AG OECD Organisation for Economic Cooperation and Development P payout ratio Dividend per share divided by earnings per share, expressed as a percentage Pearl Pearl Petroleum Company Limited Q Q1, Q2, Q3, Q4 First, second, third, fourth quarter of the year R ROACE Return On Average Capital Employed; NOPAT divided by average capital employed expressed as a percentage ROE Return On Equity; net income/loss for the year divided by average equity, expressed as a percentage RON New Romanian leu RRR Reserve Replacement Rate; total changes in reserves excluding production, divided by total production RUB Russian ruble S sales revenues Sales excluding petroleum excise tax Special items Special items are expenses and income reflected in the financial statements that are disclosed separately, as they are not part of underlying ordinary business operations. They are being disclosed separately in order to enable investors to better understand and evaluate OMV Group’s reported financial performance T t Metric ton toe Metric ton of oil equivalent TSR Total Shareholder Return TWh Terawatt hour U UAE United Arab Emirates USD US dollar 102-45 gri-id41:102-45
