Glossary of terms

Agreement Asset Purchase and Sale Agreement
AMD Acid Mine Drainage
BBBEE Broad-Based Black Economic Empowerment
BCC Bombela Concessions Company
BCJV Bombela Civil Joint Venture
Board The Board of Murray & Roberts Holdings Limited
BOC Bombela Operating Company
Brownfields Existing, developed property or infrastructure on which expansion or redevelopment occurs
CEO Chief Executive Officer
CFO Chief Financial Officer
CAGR Compound Annual Growth Rate
CBD Central Business District
CDP Carbon Disclosure Project
CDP Community Development Programme
CEL Clough Enercore Limited
Cementation AG Cementation Above Ground
Company Murray & Roberts Holdings Limited
CPSP Clough Phantom Share Plan
CSDP Central Securities Depository Participant
CSI Corporate Social Investment
Companies Act Act 71 of 2008 (as amended)
DoE Department of Energy
DoL Department of Labour
Dubai International Dubai International Airport
Airport Concourse 2
EBIT Earnings Before Interest and Tax
EC&I Electrical Controls and Instrumentation
ECD Early Childhood Development
EMEA Europe, Middle East and Africa
Enercore Enercore Projects Limited
EPC Engineering, Procurement and Construction
EPCM Engineering, Procurement, Construction and Management
EPL Enercore Projects Limited
FCF Free Cash Flow
FCFPS Free Cash Flow Per Share
FEED Front-End Engineering and Design
FRCP Fatal Risks Control Protocols
FSP Forfeitable Share Plan
FY2016 For the year ended 30 June 2016
Gautrain Gautrain Rapid Rail Link
GDP Gross Domestic Product
GHG Greenhouse Gas
GMA Gautrain Management Agency
Greenfields New, undeveloped property where there is no need to work within the constraints of existing buildings or infrastructure
GRI Global Reporting Initiative
Group Murray & Roberts Holdings and its subsidiaries
Group CE Group Chief Executive
Group FD Group Financial Director
HEPS Headline Earnings per Share
HSE Health, Safety and Environment
HSSE Health, Safety, Security and Environment
JV Joint-venture
IFRS International Financial Reporting Standards
IPP Independent Power Producers
IR Framework International Integrated Reporting Councils Integrated Reporting Framework
King III King Code of Governance Principles 2009
KPI Key Performance Indicator
LNG Liquefied Natural Gas
LTI Long-term incentives
LTI Lost Time Injury
LTIFR Lost Time Injury Frequency Rate
MAE Major Accident Events
MAP Major Accident Prevention
Merit Merit Consultants International Inc
M&A Mergers & Acquisitions
MLI Medupi Leadership Initiative
Near Orders Tenders where the Group is the preferred bidder and final award is subject to financial/commercial close
NIHL Noise-Induced Hearing Loss
NPAT Net Profit After Tax
O&M Operations and Maintenance
OMS Opportunity Management System
Order Book Confirmed and signed project orders
Order Book Pipeline Tenders, budgets, feasibilities and prequalifications the Group is currently working on (excluding Near Orders). It also includes opportunities which are being tracked and are expected to come to the market in the next 36 months
Papua New Guinea PNG
PFA Pulverised Flue Ash
PMA Project Management Academy
PNG Papua New Guinea
Province Gauteng Provincial Government
RGNPAT Relative Growth in NPAT
ROE Return on Equity
ROICE Return on Invested Capital Employed
SADC Southern African Development Community
Share Option Scheme Murray & Roberts Holdings Limited Employee Share Incentive Scheme
SHEQ Safety Health Environment and Quality
STI Short-term incentives
TB Tuberculosis
TFCE Total Fixed Cost of Employment
TRCR Total Recordable Case Rate
Trust The Murray & Roberts Trust
TSR Total Shareholder Return
VFL Visible Felt Leadership
Vulindlela Letsema Vulindlela Black Executives Trust
WACC Weighted Average Cost of Capital