GLOSSARY
The following are descriptions of some of the terms used in this Business Review:
- AD Anaerobic digestion
- BMS Integrated business management system
- CAGR Compound Average Growth Rate, being the rate of growth over a period, expressed as a single annual average figure
- CHP Combined heat and power
- Company Viridor Limited - the holding company of the waste segment of Pennon Group Plc
- DEFRA Department for Environment, Food and Rural Affairs
- EA Environment Agency
- EBITDA Earnings before interest, tax, depreciation and amortisation
- EfW Energy from Waste
- EMS Environmental Management System
- GROUP Viridor Limited and its subsidiaries which collectively, form the waste management arm of Pennon Group Plc (The Parent company, see below)
- GWh Gigawatt hours
- HWRS Household waste recycling sites
- IFRS International Financial Reporting Standards
- ISO 9001 International quality management accreditation standard
- ISO 14001 International environmental management accreditation standard
- KPIs Key Performance Indicators
- LATS Landfill Allowance Trading Scheme
- LAWDC Local Authority Waste Disposal Company
- MRF Materials Recycling Facility
- MW Megawatts
- MWh Megawatt hours
- NFFO Non Fossil Fuel Obligation
- Parent Pennon Group Plc
- PBITA Profit before interest, tax and amortisation of intangible assets
- PBT Profit before tax
- PFI Private Finance Initiative
- PPC Pollution, Prevention and Control
- PPP Public Private Partnership
- RIDDOR Reporting of Injuries, Diseases and Dangerous Occurrences Regulations (1995)
- ROCs Renewables Obligation Certificates
- RPI The UK Government's Retail Price Index
- SEPA Scottish Environment Protection Agency
- UK GAAP United Kingdom Generally Accepted Accounting Principles
- Viridor Viridor Limited and its subsidiaries collectively.
- WEEE Waste electrical and electronic equipment