Glossary of terms

  B-BBEE   Broad-based black economic empowerment
  CAGR   Compound annual growth rate
  Capex   Capital expenditure
  CDP   Carbon disclosure project
  Cullet   Waste glass
  CSD   Carbonated soft drinks
  DBP   Deferred bonus plan
  DEA   Department of Environmental Affairs
  dti   Department of Trade and Industry
  EBITDA   Earnings before interest, taxation, depreciation and amortisation
  FABS   Flavoured alcoholic beverages
  FMCG   Fast-moving consumer goods
  FTSE/Russell ESG   FTSE Russell Environmental Social & Governance
  GDP   Gross domestic product
  HDPE   High-density polyethylene
  HEPS   Headline earnings per share
  IFRS   International Financial Reporting Standards
  IIRC   International Integrated Reporting Council
  IOM   Isle of Man
  ISO   International Organisation for Standardisation
  LTI   Long-term incentive
  LTIFR   Lost-time injury frequency rate. It refers to the rate of occurrence of workplace incidents that result in an employee's inability to work the next full work shift. It refers to the number of such injuries that occur within a given period relative to the total number of hours worked in the same accounting period
  MTI   Medium-term incentive
  NAFEX   Nigerian Autonomous Foreign Exchange market
  OHSAS   Occupational Health and Safety Assessment Series
  PET   Polyethylene terephthalate
  Preforms   Test-tube shaped containers with thick walls, blow-moulded on customers' sites
  PRMA   Post-retirement medical aid
  PRO   Producer responsibility organisations
  PSP   Performance share plan
  R&D   Research and development
  ROE   Return on equity
  RONA   Return on net assets
  rPET   Recycled PET
  SAP   Share appreciation plan
  SKU   Stock keeping unit
  STI   Short-term incentive
  TGRC   The Glass Recycling Company
  UHT   Ultra-heat treated