02 >> SAF-HOLLAND 08 >> Interim Management Report 20 >> Interim Financial Report 38 >> Additional Information Financial Glossary 38 Financial Glossary >> 38­39 Adjusted EBIT: Earnings before interest and taxes (EBIT) is adjusted for special items, such as depreciation and amortization from purchase price allocations, impairment of goodwill and intangible assets as well as restructuring and integration costs. Cash-generating unit: The smallest identifiable group of assets that generates cash inflows largely independent of the cash inflows of other assets or groups of assets. Business Units: For management purposes, the Group is organized into customer-oriented Business Units (Trailer Systems, Powered Vehicle Systems, and Aftermarket). Effective income tax rate: Income tax/earnings before tax x 100. Equity ratio: Equity/total assets x 100. Fair value: Amount obtainable from the sale in an arm's length transaction between knowledgeable, willing parties. Free float: The free float of a public company is an estimate of the proportion of shares that are not held by major owners. IFRS/IAS: (International Financial Reporting Standards/International Accounting Standards): The standard international accounting rules are intended to make company data more comparable. Under the EU resolution, accounting and reporting at exchange-listed compa- nies must be done in accordance with these rules. Inventory turnover rate: Inventories/cost of sales per day.