Additional Information: Glossary
TERM MEANING
annual general meeting or AGM the annual general meeting of the Company to be held on Wednesday, 25 July 2018, the notice of which have been distributed to shareholders by Friday, 22 June 2018 and a copy of which is available on the Company’s website
Annual Report this annual report and financial statements for the reporting period ended 31 March 2018
Al Noor the Al Noor Hospitals Group with operations mainly in Abu Dhabi, which forms part of the Group’s operations in the United Arab Emirates
Articles the Company’s Articles of Association as adopted in General Meeting on 20 July 2016
Board or Board of Directors the board of directors of Mediclinic International plc
Brexit the departure of the United Kingdom from the European Union, which is planned from the end of March 2019
CAGR (%) compounded annual growth rate
cash conversion (%) cash generated from operations divided by adjusted EBITDA
CCU critical care unit
CDLI Carbon Disclosure Leadership Index
CEO Chief Executive Officer
CFO Chief Financial Officer
Company Mediclinic International plc
DRG diagnosis-related group
EBITDA operating profit before depreciation and amortisation, excluding other gains and losses
EU European Union
external auditor when referring to the Company’s external auditor, means PricewaterhouseCoopers LLP
FY18/period under review/reporting period the financial year ended on 31 March 2018
FY19/next financial year the financial year ending on 31 March 2019
FCA the United Kingdom Financial Conduct Authority
GDP gross domestic product
GRI Standards the GRI Sustainability Reporting Standards issued in 2016 by the Global Sustainability Standards Board, which standards represent global best practice for reporting publicly on a range of economic, environmental and social impacts
Group Mediclinic International and its three operating divisions in Switzerland, Southern Africa and the United Arab Emirates (“group” refers to one of the Group’s operating divisions, as the context may indicate, as defined below)
group one of the operating divisions of the Group, as the context may indicate (please note that “group” is as defined in this definition and “Group” refers to the entire Mediclinic Group as defined above)
HAI healthcare-associated infection
Hirslanden the Group’s operations in Switzerland, trading under the Hirslanden brand, with Hirslanden AG as the intermediary holding company of the Group’s operations in Switzerland
IFRS International Financial Reporting Standards, as adopted by the European Union
JCI Joint Commission International, an international quality measurement accreditation organisation, aimed at improving quality of care
JSE JSE Limited, the stock exchange of South Africa based in Johannesburg
Last Practicable Date the date of approval of the Annual Report by the Board, being 23 May 2018
Listing Rules the listing rules of the FCA applicable to companies listed on the LSE, subject to the oversight of the United Kingdom Listing Authority
LSE the stock exchange operated by London Stock Exchange plc
Mediclinic or Mediclinic International Mediclinic International plc
Mediclinic Middle East the Group’s operations in the UAE, trading under the Mediclinic brand, with (a) Emirates Healthcare Holdings Limited BVI as the intermediary holding company of the Group’s operations in the UAE, mainly in Dubai; and (b) Al Noor Golden Commercial LLC as the intermediary holding company of the Group’s operations in the UAE, mainly in Abu Dhabi
Mediclinic Southern Africa the Group’s operations in South Africa and Namibia, trading under the Mediclinic brand, with Mediclinic Southern Africa (Pty) Ltd as the intermediary holding company of the Group’s operations in South Africa and Namibia
NSX the Namibian Stock Exchange based in Windhoek, Namibia
operating division/s Hirslanden (Switzerland), Mediclinic Southern Africa and Mediclinic Middle East and their subsidiaries and associated entities, or any one of them as the context may indicate
SA the Republic of South Africa
SA Companies Act the South African Companies Act, 71 of 2008, as amended
UAE United Arab Emirates
UK the United Kingdom of Great Britain and Northern Ireland
UK Companies Act the United Kingdom Companies Act of 2006, as amended