Glossary

TERM / ABBREVIATION	DEFINITION
Added value	Operating income less cost of work subcontracted and other external expenses
BIM	Building Information Modelling
CEO	Chief Executive Officer
CFO	Chief Financial Officer
CIMS	Compliance Integrity Management System
CSR	Corporate Social Responsibility; the responsibility of a company towards society, the environment and the economy
Earnings per share	Net result / Number of ordinary shares issued
EBITA recurring	EBITA excluding non-operational items
EBITA margin	EBITA recurring / Operating income
ED&I	Equality, Diversity & Inclusion
Employee	People employed directly by Royal HaskoningDHV or one of our subsidiaries
EPCM	Engineering, procurement, and construction management projects
ET Academy	Energy Transition academy
Executive Board	Highest executive body for the daily management of the company
Free cash flow	Cash flow from operating and investing activities
GCO	Group Compliance Officer
GCBP	Global Code of Business Principles
Global Leadership Group	The Global Leadership Group consists of the Executive Board, Executive Council, Corporate Group Directors, Business Line MT members, Directors Advisory Groups and Associate Directors Advisory Groups, Leading Professionals, Corporate Group MT members, direct reports of Executive Board, chairs of YoungRHDHV Boards, and chair of the Works Council in the Netherlands.
GRI	Global Reporting Initiative, international organisation that publishes standards for sustainability reporting
HRM	Human Resources Management
IMS	Integrated Management System
Integrated Report (IR)	Annual report format that integrates general, financial, environmental, and social performance
Net Turnover	Amounts invoiced to clients (excluding VAT), including change in work in progress
Net working capital	Current assets less current liabilities (excluding cash and cash equivalents less amounts owed to credit institutions)
Operating income	Net turnover, including other operating income, excluding non-operational items
QHSE	Quality, Health, Safety and Environment
Return on average shareholders' equity	Net result / Average shareholders' equity
TPA	Third-party assessment
UNGC	United Nations Global Compact
Workforce	Employees and other people working at Royal HaskoningDHV or one of our subsidiaries (such as but not limited to consultants, agency workers, interns)