Definitions

Worldscope Definitions
Brief definitions of the Worldscope items used to calculate the new datatypes are provided below.


Item Definition
Net Sales WC01001 Net Sales or Revenues represent gross sales and other operating revenue less discounts, returns and allowances.

Net Profit (Income) WC01651 Net Income – bottom line represents income after all operating and nonoperating income and expense, reserves, income taxes, minority interest and extraordinary items

Net Debt WC18199 Net Debt represents Total Debt minus Cash. Cash represents Cash & Due
from Banks for Banks, Cash for Insurance companies and Cash & Short Term Investments for all other industries.

Employees No WC07011 Employees represent the number of both full and part time employees of the
company.
It excludes:
Seasonal employees
Emergency employees

Total Assets WC02999
All Industries:
Total Assets represent the sum of total current assets, long term receivables, investment in unconsolidated subsidiaries, other investments, net property plant and equipment and other assets.
Banks:
Total Assets represent the sum of cash & due from banks, total investments, net loans, customer liability on acceptances (if included in total assets), investment in unconsolidated subsidiaries, real estate assets, net property, plant and equipment and other assets.
Insurance Companies:
Total Assets represent the sum of cash, total investments, premium balance receivables, investments in unconsolidated subsidiaries, net property, plant and equipment and other assets.
Other Financial Companies:
Total Assets represent the sum of cash & equivalents, receivables, securities inventory, custody securities, total investments, net loans, net property, plant and equipment, investments in unconsolidated subsidiaries and other assets.

Enterprise Value WC18100
All Industries:
Market Capitalization at fiscal year end date + Preferred Stock + Minority Interest + Total Debt minus Cash.
Cash represents Cash & Due from Banks for Banks, Cash for Insurance
Companies and Cash & Short Term Investments for all other industries.


Common/ Shareholders’ Equity WC03501 Common Equity represents common shareholders' investment in a company.

EBIT WC18191 Earnings before Interest and Taxes (EBIT) represent the earnings of a company before interest expense and income taxes. It is calculated by taking the pre-tax income and adding back interest expense on debt and subtracting interest capitalized.

EBITDA WC18198 Earnings before Interest, Taxes and Depreciation (EBITDA) represent the earnings of a company before interest expense, income taxes and depreciation. It is calculated by taking the pre-tax income and adding back interest expense on debt and depreciation, depletion and amortization and subtracting interest capitalized


CAPEX WC04601 Capital Expenditures represent the funds used to acquire fixed assets other than those associated with acquisitions.
It includes but is not restricted to:
Additions to property, plant and equipment
Investments in machinery and equipment.

Free Cash Flow (Funds from Ops)WC04860 Net Cash Flow – Operating Activities represent the net cash receipts and disbursements resulting from the operations of the company. It is the sum of Funds from Operations, Funds From/Used for Other Operating Activities and Extraordinary Items.

Interest Expense WC01251 INTEREST EXPENSE represents the service charge for the use of capital
before the reduction for interest capitalized. If interest expense is reported net of interest income, and interest income cannot be found the net figure is shown

http://thomsonreuters.com/content/financial/pdf/i_and_a/indices/datastream_global_equity_manual.pdf