Glossary

DB Doly Bílina
DNT Doly Nástup Tušimice
NPF CR National Property Fund of the Czech Republic
PSE Prague Stock Exchange
humitanes humine acid salts used as fertilizers, pigments, in the healthcare industry, etc.
lignite content general term covering all types of brown coal, which vary in terms of pure coal
oxyhumolite particular type of brown coal created mostly by climatic processes
atvis automatic one - day bank deposit of an excess current account balance
buy - sell back
transaction
purchase of a security and subsequent sale back to the original seller where the terms of the resale are agreed in advance
overnight one - day bank deposit
rating standardization evaluation of credit standing (ability to pay future obligations) for issuers of debt securities
basic earning power EBIT divided by average total assets
current ratio average current assets / average short-term liabilities and current bank loans
debt ratio average liabilities/average total assets
earning power of
operating activities
operating profit divided by total assets
fixed assets turnover average fixed assets x 360/operating revenues
interest coverage EBIT / interest paid
inventory turnover average inventories x 360/operating revenues
loans-to-liabilities ratio average loans/average liabilities
net working capital average current assets – average short-term liabilities and current bank loans
P/E ratio of market share price to net earnings per share
quick ratio average financial assets/average short-term liabilities and current bank loans
receivables turnover average receivables x 360/operating revenues
return on equity net earnings divided by average shareholdersequity
return on operating
costs
operating profit divided by operating costs