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Content
Glossarycbi:///cms/257246
- A - cbi:///cms/257248
Anti-fraud measures
Prevention and identification of as well as response to fraudulent in-house activities. cbi:///cms/257253
Prevention and identification of as well as response to fraudulent in-house activities. cbi:///cms/257253
Asset management
Acquisition, development, management and sale of real estate assets. At METRO GROUP, this is the responsibility of METRO PROPERTIES. cbi:///cms/257258
Acquisition, development, management and sale of real estate assets. At METRO GROUP, this is the responsibility of METRO PROPERTIES. cbi:///cms/257258
- C - cbi:///cms/257267
Compliance
All measures specifying a company's and its employees' behaviour in accordance with legislation, established social guidelines and values. cbi:///cms/257277
All measures specifying a company's and its employees' behaviour in accordance with legislation, established social guidelines and values. cbi:///cms/257277
Consumer electronics store
Large retail store specialised in consumer electronics, household goods, new media, telecommunications, computer and photo assortments. Media Markt and Saturn are the consumer electronics stores of METRO GROUP. cbi:///cms/257282
Large retail store specialised in consumer electronics, household goods, new media, telecommunications, computer and photo assortments. Media Markt and Saturn are the consumer electronics stores of METRO GROUP. cbi:///cms/257282
Core real estate asset
High-quality rented real estate property in an attractive location. cbi:///cms/257287
High-quality rented real estate property in an attractive location. cbi:///cms/257287
- D - cbi:///cms/257289
Department store
Large retail store that is generally located in the city centre and offers all types of goods, including textiles, household goods and food. Galeria Kaufhof is METRO GROUP's department store operator. cbi:///cms/257294
Large retail store that is generally located in the city centre and offers all types of goods, including textiles, household goods and food. Galeria Kaufhof is METRO GROUP's department store operator. cbi:///cms/257294
Discounter
A retail format characterised by a limited product assortment and an aggressive low-price policy. cbi:///cms/257299
A retail format characterised by a limited product assortment and an aggressive low-price policy. cbi:///cms/257299
Diversity management
Key element of human resources policy that leverages the diversity of the workforce with respect to gender, age, ethnic origin, faith, sexual identity or disabilities for the Company's business success. cbi:///cms/257304
Key element of human resources policy that leverages the diversity of the workforce with respect to gender, age, ethnic origin, faith, sexual identity or disabilities for the Company's business success. cbi:///cms/257304
- E - cbi:///cms/257306
EBIT (Earnings Before Interest and Taxes)
Serves as the basis for international comparisons of companies. cbi:///cms/257311
Serves as the basis for international comparisons of companies. cbi:///cms/257311
EBITaC (Earnings Before Interest and Taxes after Cost of Capital)
This metric shows whether a company successfully deploys its business assets and generates value contributions exceeding its cost of capital. cbi:///cms/257316
This metric shows whether a company successfully deploys its business assets and generates value contributions exceeding its cost of capital. cbi:///cms/257316
EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization)
This metric serves as the basis for comparisons between companies using different accounting standards. cbi:///cms/257321
This metric serves as the basis for comparisons between companies using different accounting standards. cbi:///cms/257321
EBT (Earnings Before Taxes)
This metric serves as the basis for comparisons between companies even when different tax systems apply. cbi:///cms/257326
This metric serves as the basis for comparisons between companies even when different tax systems apply. cbi:///cms/257326
- F - cbi:///cms/257328
Facility management
Management and operation of buildings, plants and building services with the aim of reducing costs, ensuring the technical functionality and maintaining the long-term value of a building. cbi:///cms/257333
Management and operation of buildings, plants and building services with the aim of reducing costs, ensuring the technical functionality and maintaining the long-term value of a building. cbi:///cms/257333
Fair value
The amount at which an asset could be bought or sold, or a liability incurred or settled, in a current transaction between willing parties on the basis of market prices. cbi:///cms/257338
The amount at which an asset could be bought or sold, or a liability incurred or settled, in a current transaction between willing parties on the basis of market prices. cbi:///cms/257338
Franchising
Also known as licensing or franchising system. A contractually regulated organisational form: the franchisor grants an independent franchisee the
right to offer certain products or services bearing the name or the trademark of the franchisor. cbi:///cms/283924
Also known as licensing or franchising system. A contractually regulated organisational form: the franchisor grants an independent franchisee the
right to offer certain products or services bearing the name or the trademark of the franchisor. cbi:///cms/283924
- G - cbi:///cms/257340
GlobalGAP
A private sector organisation that certifies agricultural and acquacultural products. The standard for "good agricultural practice" (GAP ) resulted from an initiative of European trade and retail companies. cbi:///cms/283936
A private sector organisation that certifies agricultural and acquacultural products. The standard for "good agricultural practice" (GAP ) resulted from an initiative of European trade and retail companies. cbi:///cms/283936
Global Trade Item Number (GTIN)
Internationally coordinated and globally unique 8- or 13-digit product number used to clearly identify products and services. cbi:///cms/283931
Internationally coordinated and globally unique 8- or 13-digit product number used to clearly identify products and services. cbi:///cms/283931
Governance
Principles governing the management and supervision of the different players that influence a company's direction. cbi:///cms/257345
Principles governing the management and supervision of the different players that influence a company's direction. cbi:///cms/257345
- H - cbi:///cms/257347
Horizontal providers
A provider with a broad range of products from various manufacturers. cbi:///cms/257352
A provider with a broad range of products from various manufacturers. cbi:///cms/257352
Hypermarket
Large retail store with different articles offered largely in a self-service arrangement. Aside from food products, the assortment also includes consumer durables and non-durables. Real is the hypermarket operator within METRO GROUP. cbi:///cms/257357
Large retail store with different articles offered largely in a self-service arrangement. Aside from food products, the assortment also includes consumer durables and non-durables. Real is the hypermarket operator within METRO GROUP. cbi:///cms/257357
- I - cbi:///cms/257359
IASB (International Accounting Standards Board)
An independent international body that developed the International Financial Reporting Standards (IFRS) and continues to modify them. cbi:///cms/257364
An independent international body that developed the International Financial Reporting Standards (IFRS) and continues to modify them. cbi:///cms/257364
IFRIC (International Financial Reporting Interpretations Committee)
This group is part of the International Accounting Standards Committee Foundation (IASCF) and resolves controversial accounting issues. cbi:///cms/257369
This group is part of the International Accounting Standards Committee Foundation (IASCF) and resolves controversial accounting issues. cbi:///cms/257369
IFRS (International Financial Reporting Standards)
International rules governing the accounting policies of stock corporations. In contrast to the financial statements according to the German Commercial Code, the focus of IFRS is on investor-orientated information. cbi:///cms/257374
International rules governing the accounting policies of stock corporations. In contrast to the financial statements according to the German Commercial Code, the focus of IFRS is on investor-orientated information. cbi:///cms/257374
- L - cbi:///cms/257376
Like-for-like growth
Sales growth adjusted for selling space reflects sales growth on a comparable area or with respect to a comparable group of locations in local currency. It includes only the sales volumes of locations that were neither newly opened during the reporting year or the preceding year nor closed during the reporting year, and whose area did not change substantially as a result of restructuring work. cbi:///cms/257381
Sales growth adjusted for selling space reflects sales growth on a comparable area or with respect to a comparable group of locations in local currency. It includes only the sales volumes of locations that were neither newly opened during the reporting year or the preceding year nor closed during the reporting year, and whose area did not change substantially as a result of restructuring work. cbi:///cms/257381
- M - cbi:///cms/257383
Mark-to-market evaluation
Calculation of the fair value of financial instruments based on market prices at a particular point in time. cbi:///cms/283947
Calculation of the fair value of financial instruments based on market prices at a particular point in time. cbi:///cms/283947
Meeting Metro
An informative METRO GROUP event focusing on training and career prospects in the retail industry and aimed at potential management recruits and teachers. cbi:///cms/257388
An informative METRO GROUP event focusing on training and career prospects in the retail industry and aimed at potential management recruits and teachers. cbi:///cms/257388
METRO GROUP Future Store Initiative
A group of more than 90 companies from the retail and trade, consumer goods, information technology and services sectors as well as from research and academia. The partners jointly promote the modernisation process in the retail industry. cbi:///cms/257393
A group of more than 90 companies from the retail and trade, consumer goods, information technology and services sectors as well as from research and academia. The partners jointly promote the modernisation process in the retail industry. cbi:///cms/257393
Multichannel marketing
Retail strategy to reach customers via several parallel, interlinked marketing approaches, for example via outlets and online shops. cbi:///cms/257398
Retail strategy to reach customers via several parallel, interlinked marketing approaches, for example via outlets and online shops. cbi:///cms/257398
- N - cbi:///cms/257400
Net earnings
Net profit of a company. The Annual General Meeting decides on the appropriation of net earnings. cbi:///cms/257405
Net profit of a company. The Annual General Meeting decides on the appropriation of net earnings. cbi:///cms/257405
Net working capital
Difference between current assets (receivables) and short-term debt capital (liabilities). This metric measures the short-term financial strength of a company and serves as a basis for an assessment of a companys' efficiency. cbi:///cms/257410
Difference between current assets (receivables) and short-term debt capital (liabilities). This metric measures the short-term financial strength of a company and serves as a basis for an assessment of a companys' efficiency. cbi:///cms/257410
Nonfood items
A term that describes essential household items in retail assortments. cbi:///cms/257415
A term that describes essential household items in retail assortments. cbi:///cms/257415
- O - cbi:///cms/257417
Own brands
Also known as private labels. Branded articles that have been created and trademarked by a retail and wholesale company and that offer attractive value for money. cbi:///cms/257422
Also known as private labels. Branded articles that have been created and trademarked by a retail and wholesale company and that offer attractive value for money. cbi:///cms/257422
- P - cbi:///cms/257424
Performance share
Performance-based participation. A performance share entitles its owner to a cash payment matching the share price. cbi:///cms/257429
Performance-based participation. A performance share entitles its owner to a cash payment matching the share price. cbi:///cms/257429
- R - cbi:///cms/257431
Radio Frequency Identification (RFID)
Technology for contactless data transmission and automatic identification of goods movements. cbi:///cms/257436
Technology for contactless data transmission and automatic identification of goods movements. cbi:///cms/257436
RoCE (Return on Capital Employed)
This metric indicates whether a company makes profitable use of its available capital, less liquid funds and short-term debt capital. cbi:///cms/257441
This metric indicates whether a company makes profitable use of its available capital, less liquid funds and short-term debt capital. cbi:///cms/257441
- S - cbi:///cms/257443
Sales brand
A company with a consistent and independent market presence. Two sales brands with an identical sales concept can be positioned within one sales division, as in the case of Media Markt and Saturn. cbi:///cms/257448
A company with a consistent and independent market presence. Two sales brands with an identical sales concept can be positioned within one sales division, as in the case of Media Markt and Saturn. cbi:///cms/257448
Sales division
Subsidiary of a retail group that operates outlets or stores under a certain sales concept. cbi:///cms/257453
Subsidiary of a retail group that operates outlets or stores under a certain sales concept. cbi:///cms/257453
Shape 2012
METRO GROUP's efficiency and value-enhancing programme. The earnings improvement potential targeted from 2012 and beyond amounts to €1.5 billion. The resulting earnings improvement depends on the development of the macroeconomic environment in our sales markets. cbi:///cms/257458
METRO GROUP's efficiency and value-enhancing programme. The earnings improvement potential targeted from 2012 and beyond amounts to €1.5 billion. The resulting earnings improvement depends on the development of the macroeconomic environment in our sales markets. cbi:///cms/257458
Solar-powered air-conditioning
Air-conditioning technology using solar power that can cool and heat stores or other buildings with the help of solar collectors and an absorption refrigeration system. cbi:///cms/257473
Air-conditioning technology using solar power that can cool and heat stores or other buildings with the help of solar collectors and an absorption refrigeration system. cbi:///cms/257473
Supply chain
Various processes that contribute to a company's value creation. At METRO GROUP, this includes logistics, marketing and sales, among other things. cbi:///cms/257478
Various processes that contribute to a company's value creation. At METRO GROUP, this includes logistics, marketing and sales, among other things. cbi:///cms/257478
Supply chain councils
Monitoring bodies for the activities of the former cross-divisional service company MGL METRO GROUP Logistics in the countries where several METRO GROUP sales divisions operate. cbi:///cms/257483
Monitoring bodies for the activities of the former cross-divisional service company MGL METRO GROUP Logistics in the countries where several METRO GROUP sales divisions operate. cbi:///cms/257483
- T - cbi:///cms/257485
Trading-up strategy
Quality improvement of a retail group's offering, for example through larger product assortments, a higher level of quality, more comprehensive services and a more sophisticated store design. cbi:///cms/257490
Quality improvement of a retail group's offering, for example through larger product assortments, a higher level of quality, more comprehensive services and a more sophisticated store design. cbi:///cms/257490
- V - cbi:///cms/257492
Vertical provider
Provider with a deep product range who generally controls the entire supply chain – from development through manufacturing to sales. cbi:///cms/257497
Provider with a deep product range who generally controls the entire supply chain – from development through manufacturing to sales. cbi:///cms/257497
- W - cbi:///cms/257499
Weighted Average Cost of Capital (WACC)
This metric describes the average weighted cost that a company must pay for capital. It is composed of average debt capital costs and average equity capital costs. The WACC facilitates the measurement of a company's value. cbi:///cms/257468
This metric describes the average weighted cost that a company must pay for capital. It is composed of average debt capital costs and average equity capital costs. The WACC facilitates the measurement of a company's value. cbi:///cms/257468
Wholesale
A trade format where merchandise is sold to commercial resellers, processors or commercial users. Metro Cash & Carry is the wholesale division of METRO GROUP. cbi:///cms/257504
A trade format where merchandise is sold to commercial resellers, processors or commercial users. Metro Cash & Carry is the wholesale division of METRO GROUP. cbi:///cms/257504
additional Informations
