Earnings Estimates

Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) is EBIT for the trailing twelve months plus the same period's Depreciation and Amortization expenses (from the Statement of Cash Flows)

EBITDAR represents earnings before interest, taxes, depreciation, amortization and obsolescence and aircraft rent. It is a non-GAAP financial measure.

Effect of Special Items on Income Taxes represents the tax effect of non-recurring charges and/or credits.

Effective Tax Rate represents Income Tax – Total divided by Income Before Tax.

Electric Operations represents revenue from regulated electric sales. It also includes service charges related to electricity distribution activities.

Embedded Value represents the present value of existing life insurance business at the valuation date and excluding any value attributable to future new business. The embedded value is an Actuarial science construct, which allows the uncertain future cash-flows of a life insurer to be valued, so as to give a more realistic picture of the company’s financial position, allowing for future contingencies.

Emerging Markets - These investors focus primarily on companies in the developing economies of Latin America, the Far East, Europe, and Africa.

Employees represents the number of full-time employees and full-time equivalents of part-time/temporary employees, as reported, as of the fiscal period end date. Employees includes part-time employees if the company does not differentiate between the two.

Enplaned Passengers represents the total number of revenue passengers boarding aircraft.

Enrollment of Membership represents the total number of members acquired by the company, as at period end.