Share-Based

Refer to the "Expenses - Share-Based Compensation"

unknown title 2012

The reconciliation between GAAP and non-GAAP results of operations is provided in a table immediately following the Share-Based Compensation Related Payroll Tax by Category table below.

unknown title 2011

Adjusted net income represents net income calculated in accordance with IFRS as adjusted for the impact of the Share-Based Compensation Expense and for the impact of the discontinued management fees.

unknown title 2011

Adjusted diluted EPS represents earnings per share calculated in accordance with IFRS as adjusted for the impact of the Share-Based Compensation Expense and for the impact of the discontinued management fees.

unknown title 2011

General and administrative expenses for the three months ended Euro 1.0 million of non-cash share-based compensation expense the "Share-Based Compensation Expense" while general and administrative expenses for the three months ended Euro 0.2 million of the Share-Based Compensation Expense and Euro 2.0 related to a previous management fee that was cancelled effective as of November 2010.

unknown title 2011

Adjusted EBITDA represents earnings before interest, income tax, depreciation and amortization, and further eliminates the effect of the Share-Based Compensation Expense and of the discontinued management fees.

unknown title 2011

Adjusted EBITDA represents earnings before interest, income tax, depreciation and amortization, and further eliminates the effect of the Share-Based Compensation and of the Fortissimo Payments.

unknown title 2011

The Company believes that the adjusted net income and adjusted EBITDA, which excludes the Share-Based Compensation and the Fortissimo Payments, should be considered in evaluating the Company's operations since they provide a clearer indication of the Company's operating results going forward.

unknown title 2011

Adjusted net income represents net income calculated in accordance with IFRS as adjusted for the impact of the Share-Based Compensation and for the impact of the Fortissimo Payments.

unknown title 2011

The Company believes that the Adjusted net income, Adjusted EBITDA and Adjusted diluted EPS, which excludes the Share-Based Compensation Expense and the discontinued management fees, should be considered in evaluating the Company's operations since they provide a clearer indication of the Company's operating results going forward.

unknown title 2011