EBITDAaL definition
EBITDAaL means earnings before interest, taxes and depreciation and amortization, after leases of real properties housing Passive Infrastructure to customers of our Operating Subsidiaries.
EBITDAaL means earnings before interest, taxes, depreciation and amortization and after lease expenses. Our revenues from ground lease agreements generally arise from passing on costs for ground leases to customers at cost. Since these are an economic pass-through, we present EBITDAaL because it is a measure of profitability that excludes those revenues and also excludes all the amounts we recognize under IFRS 16 as interest expense and depreciation expense. EBITDAaL is not a financial measure defined by IFRS standards and may not be directly comparable to similarly-named indicators used by other companies. See “Unaudited Pro Forma Consolidated Financial Information of Sitios.”
EBITDAaL means with respect to each Measurement Period: earnings before interest, taxes and depreciation and amortization, but after lease obligations, as they all appear in the Annual Financial Statements for such Measurement Period. For the avoidance of doubt, EBITDA will exclude any asset appreciation or depreciation due to accounting valuation and shall be calculated as follow: (1) Operating Profit (as an example based on the 2023 Annual Financial Statements, this item amounted to One Million Four Hundred Fifty-Nine Thousand United States Dollars (US $1,459K) in the Borrower's 2023 Annual Financial Statements); plus (2) Impairment of satellites (as an example based on the 2023 Annual Financial Statements, this item consisted of: (i) Impairment of "▇▇▇▇ 17" satellite in the amount of Ten Million Five Hundred Eighty-Five Thousand United States Dollars (US $10,585K), (ii) Impairment of "▇▇▇▇ 4" satellite in the amount of Ten Million Two Hundred Ninety-Six Thousand United States Dollars (US $10,296K), and (iii) Cancellation of impairment of the right-of-use asset for the "▇▇▇▇ 7" satellite in the amount of minus Six Hundred Eighty Thousand United States Dollars (US $680K); plus (3) Depreciation (as an example based on the 2023 Annual Financial Statements, this item consisted of: (i) Cost of Revenues depreciation in the amount of Fifty-One Million Three Hundred Seventy-Three Thousand United States Dollars (US $51,373K), (ii) Sales and marketing expenses depreciation in the amount of Five Hundred Seventy-One Thousand United States Dollars (US $571K), and
More Definitions of EBITDAaL
EBITDAaL means, in respect of any period, the Consolidated Operating Profit of the Company’s Group for that period after depreciation on lease-related right of use assets and interest on leases but excluding depreciation, amortisation and any gains or losses on the disposal of owned assets and excluding any share of results of equity accounted associates and joint ventures, impairment losses, restructuring costs arising from discrete restructuring plans, other income and expense and adjusted by excluding any exceptional, one-off or non-recurring items;
EBITDAaL means, for each rolling 12-month period ending the last day of each month, Crown's consolidated FIFO Net Income (Loss) plus, without duplication: (a) consolidated interest expense, plus (minus) (b) Consolidated Income Tax Expense (Benefit) as determined on a FIFO basis, minus (c) consolidated interest income, plus (d) consolidated depreciation and amortization, plus (e) consolidated losses from the sale and abandonment of property, plant and equipment.