ArcelorMittal South Africa 2007 Annual Report Page 52 Definitions Cash and cash equivalents Cash and cash equivalents includes cash on hand, deposits held at call with banks, and other short-term highly liquid investments with original maturities of three months or less, which are subject to an insignificant risk of changes in value. Current ratio Current assets divided by current liabilities. Current liabilities include short-term borrowings and interest-free liabilities other than deferred taxation. Dividend cover Headline earnings per ordinary share divided by dividends per ordinary share. Dividend yield Dividends per ordinary share divided by the year-end share price at the JSE Limited. Earnings per ordinary share • Attributable earnings basis Basic earnings attributable to ordinary shareholders divided by the weighted average number of ordinary shares in issue during the year. • Headline earnings basis Earnings attributable to ordinary shareholders adjusted for profits and losses on items of a capital nature recognising the taxation and minority impacts on these adjustments divided by the weighted average number of ordinary shares in issue during the year. • Diluted earnings basis Earnings attributable to ordinary shareholders divided by the weighted average number of ordinary shares in issue during the year increased by the number of additional ordinary shares that would have been outstanding assuming the conversion of all dilutive potential ordinary shares. Financial cost cover Net operating profit divided by net financing costs. Financial gearing (debt:equity ratio) Interest-bearing debt less cash and cash equivalents as a percentage of total shareholders’ equity. Headline earnings yield Headline earnings per ordinary share divided by the year-end share price at the JSE Limited. Supplementary information