$, US dollar, cents, c |
US dollar ($) and cents, the currency of the US |
£, sterling, pence, p |
Pound sterling (£) and pence, the currency of the UK |
Euro |
The currency of certain member states of the European Union |
ABIP |
The Tomkins Annual Bonus Incentive Plan (a variable compensation plan for management) |
accident rate |
The number of reportable incidents per 100 workers over a period of one year |
Adjusted earnings per share |
See Explanation of key performance measures |
Adjusted operating profit |
See Explanation of key performance measures |
Adjusted operating margin |
See Explanation of key performance measures |
ADR |
American Depositary Receipt, a negotiable certificate evidencing an ADS |
ADS |
American Depositary Share (representing four ordinary shares) held by the Depositary |
AGM |
Annual General Meeting |
Articles |
The current Memorandum and Articles of Association of Tomkins plc |
Average operating working capital as a percentage of sales |
See Explanation of key performance measures |
the Board |
The Board of Directors of Tomkins plc |
The Case-Shiller Index |
A monthly house prices index calculated from data on repeat sales
of single family homes in the US |
Cash conversion |
See Explanation of key performance measures |
CGU |
Cash-generating unit |
the Code |
The US Internal Revenue Code of 1986, as amended |
the Combined Code |
The Combined Code on Corporate Governance issued by the UK Financial Reporting Council
in June 2006 |
Companies Act 1985 |
The Companies Act of England and Wales 1985, as amended |
Companies Act 2006 |
The Companies Act of England and Wales 2006 |
the Company |
Tomkins plc |
CSM |
Database of automotive information and analysis prepared by CSM Worldwide, a provider of
automotive market forecasting services and strategic advisory solutions to automotive
manufacturers, suppliers and financial organisations |
CSR |
Corporate Social Responsibility |
Deferred Award Shares |
Deferred award shares acquired under the ABIP or the IBP |
deferred shares |
The deferred shares of £1 each in the capital of the Company, created pursuant to Resolution
16 at the Company’s AGM on 1 May 2008 and cancelled on 16 December 2009 |
Depositary |
JPMorgan Chase Bank, N.A |
Detroit Three |
General Motors, Ford and Chrysler, automotive OEMs |
Director |
A director of Tomkins plc |
EMTN Programme |
The Euro Medium Term Note Programme |
EPS |
Earnings Per Share |
ESOP |
Employee Share Ownership Plan |
ESOS 3 and ESOS 4 |
The Tomkins Executive Share Option Scheme No. 3 and the Tomkins Executive Share Option
Scheme No. 4, which both lapsed for grant purposes in 2005 |
the Estate and Gift Tax Convention |
The convention between the US and the UK for the avoidance of double taxation and the
prevention of fiscal evasion with respect to taxes on estates of deceased persons and on gifts |
the Exchange Act |
US Securities Exchange Act of 1934 |
Free cash flow |
See Explanation of key performance measures |
Gates |
The businesses and operations of the Gates Corporation, a subsidiary of the Company |
Gates E&S |
Gates Engineering & Services |
the Group |
The Company together with its subsidiaries |
H1 |
The first half of a financial year |
H2 |
The second half of a financial year |
HSE |
Health, safety and the environment |
HVAC |
Heating, Ventilation and Air Conditioning |
I&A |
Industrial & Automotive |
IASB |
International Accounting Standards Board |
IBP |
Interim Bonus Plan |
Ideal |
The business and operations of Epicor Industries Inc, a subsidiary of the Company, trading
as Ideal |
IFRIC |
International Financial Reporting Interpretations Committee |
IFRS |
International Financial Reporting Standards |
Independent auditors |
Deloitte LLP |
ISIN |
International Securities Identification Number |
LEED |
Leadership in Energy and Environmental Design |
NAHB |
National Association of Homebuilders, a trade association of the residential construction
industry and related activities in the US |
NAPA |
National Automotive Parts Association, a co-operative that distributes automotive parts to
retail outlets principally in the US |
Net capital expenditure: depreciation |
See Explanation of key performance measures |
Net debt |
See Explanation of key performance measures |
New Articles |
The proposed Memorandum and Articles of Association of Tomkins plc that will come into
effect following the Company’s AGM on 1 June 2010 subject to shareholder approval |
Non-GAAP measure |
A measure of historical or future financial performance, financial position or cash flows which
is adjusted to exclude or include amounts that would not be so adjusted in the most
comparable measure prescribed by IFRS |
NYSE |
The New York Stock Exchange |
OE |
Original equipment |
OEM |
Original equipment manufacturer |
OFR |
Operating and financial review |
Ordinary shares |
The ordinary shares in the capital of the Company that, with effect from 22 May 2008, have a
nominal value of 9 cents each |
PFIC |
Passive Foreign Investment Company |
Preference shares |
The convertible cumulative preference shares of $50 each in the capital of the Company, of
which the remaining shares outstanding were redeemed in 2007 |
Project Eagle |
A three-year performance improvement programme announced in 2008 to address the cost
base and improve competitiveness |
Project Cheetah |
A more extensive set of actions than Project Eagle announced in 2009 to reset the Group’s
manufacturing footprint to lower-cost locations and further take advantage of opportunities
in higher growth markets |
PSP |
The Tomkins 2006 Performance Share Plan |
QEF |
Qualified Electing Fund |
Registrar |
Equiniti Limited |
Restricted Award Shares |
Restricted award shares acquired under the ABIP or the IBP |
Restructuring initiatives |
Expenses incurred in major projects undertaken to rationalise and improve the cost
competitiveness of the Group and consequential gains and losses arising on the exit and
disposal of businesses or on the disposal of assets |
RPI |
UK Retail Prices Index |
Sarbanes-Oxley |
The US Sarbanes-Oxley Act of 2002 |
SAYE 2 |
The Tomkins Savings Related Share Option Scheme No. 2, that lapsed for grant purposes
in 2005 |
SDRT |
Stamp Duty Reserve Tax, payable on paperless transactions for shares in the UK |
SEC |
US Securities and Exchange Commission |
the Securities Act |
US Securities Act of 1933, as amended |
SEDOL |
Stock Exchange Daily Official List, a list of security identifiers used in the UK for clearing
purposes |
Severity rate |
Average number of lost workdays per 100 employees over a period of one year |
Sharesave scheme |
The Tomkins 2005 Sharesave Scheme |
Stamp Duty |
A tax payable on paper transactions for shares in the UK |
subsidiary |
An entity that is controlled, either directly or indirectly, by the Company |
the Tax Convention |
The convention between the government of the US and the government of the UK for the
avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on
income and capital gains dated 24 July 2001, as ratified on 31 March 2003 and amended |
TPMS |
Tyre Pressure Monitoring System |
Trading cash flow |
See Explanation of key performance measures |
Trico |
Trico Products Corporation and its related businesses, which constituted the Group’s former
Wiper Systems business segment (sold during 2007) |
TSR |
Total Shareholder Return, comprising dividends paid on ordinary shares and the increase or
decrease in the market price of ordinary shares |
UK GAAP |
United Kingdom Generally Accepted Accounting Practice |
UK |
The United Kingdom of Great Britain and Northern Ireland |
UKLA |
United Kingdom Listing Authority |
Underlying change in sales and adjusted operating profit |
See Explanation of key performance measures |
US |
The United States of America, its territories and possessions, any state of the United States
and the District of Columbia |