Glossary of terms and abbreviations

Alternative performance measures

In reporting financial information, the Group presents alternative performance measures (APMs) which are not defined or specified under the requirements of IFRS. The Group believes that these APMs, which are not considered to be a substitute for or superior to IFRS measures, provide stakeholders with additional useful information on the underlying trends, performance and position of the Group and are consistent with how business performance is measured internally. The alternative performance measures are not defined by IFRS and therefore may not be directly comparable with other companies’ alternative performance measures. The key APMs that the Group uses are outlined below.

APM

Closest equivalent IFRS measure

Reconciling items to IFRS measure

Definition and purpose

Income statement measures

Adjusted earnings before interest, tax, depreciation and amortisation (Adjusted EBITDA)

Profit/(loss) before income tax

Finance costs,
income tax expense, depreciation and amortisation, remeasurement of provisions, other income and expenses.

Used to help assess current operational performance excluding the impacts of non-cash sunk costs (i.e. depreciation and amortisation from initial investment in tangible and intangible assets). It is a measure that management uses internally to assess the performance of the Group’s segments and make decisions on the allocation of resources.

Adjusted earnings before interest, tax, depreciation and amortisation and research and development (Adjusted EBITDAR)

Profit/(loss) before income tax

Finance costs,
income tax expense, depreciation and amortisation, remeasurement of provisions, other income and expenses and costs associated with product development activities.

Used to assess the Group's performance excluding non-operating expenditure, finance costs, depreciation and amortisation, taxation expense and product development activities. Included as a metric for LTVR targets in 2023.

Adjusted earnings before interest, tax, research and development (Adjusted EBITRD)

Profit/(loss) before income tax

Finance costs,
income tax expense, remeasurement of provisions, other income and expenses and costs associated with product development activities.

Used to assess the Group's performance excluding non-operating expenditure, finance costs, taxation expense and product development activities. Included as a metric for LTVR targets in 2022.

Balance sheet measures

Net tangible asset per share

None

Net assets excluding intangible assets, deferred tax assets and right-of-use assets divided by the Group's weighted average number of ordinary shares on issue

Disclosed in the Group's Appendix 4E as required by Rule 4.3A of the ASX listing rules.

Abbreviations used in Annual Report

We have outlined below the meaning of various abbreviations or acronyms used in the Annual Report.

Abbreviations

Abbreviation

Term

AASB

Australian Accounting Standards Board

ADS

American Depositary Share

AHPRA

Australian Health Practitioner Regulation Agency

AI

Artificial intelligence

AML

Acute myeloid leukaemia

APPI

Japanese Act on the Protection of Personal Information

ARC

Audit and Risk Committee

ASIC

Australian Securities and Investments Commission

ASX

Australian Securities Exchange

AutoML

Automatic machine-learning

BBB

Blood-brain barrier

BLA

Biologics License Application

BMC

Bone marrow conditioning

CAIX

Carbonic anhydrase IX

ccRCC

Clear cell renal cell carcinoma

CD66

Cluster of differentiation 66

CDO

Group Chief Development Officer

CDSS

Clinical decision support software

CE

Conformité Européenne Mark

CMO

Group Chief Medical Officer

CNS

Central nervous system

DNA-PK

DNA-dependent protein kinase

EAP

Expanded access program

EBRT

External beam radiation therapy

ERMF

Enterprise Risk Management Framework

ESG

Environment, Social and Governance

FANC

Belgian Federal Agency for Nuclear Control

FDA

United States Food and Drug Administration

GBM

Glioblastoma multiforme

GCP

Good Clinical Practice

GDP

Good Distribution Practice

GDPR

General Data Protection Regulation

GET

Group Executive Team

GHG

Greenhouse gas

GLF

Global Leadership Forum

GLP

Good Laboratories Practice

GMP

Good Manufacturing Practice

GRC

Governance, Risk and Compliance

GSRC

Global Safety Review Committee

HIPAA

US Health Insurance Portability and Accountability Act

HSCT

Hematopoietic stem cell transplant

HSWE

Health, safety, wellbeing and environment

IAEA

International Atomic Energy Agency

ICRP

International Commission of Radiological Protection

IIT

Investigator initiated trial

IND

Investigational new drug

IPO

Initial Public Offering

ISMS

Information Security and Information Management

ISSB

International Sustainability Standards Board

KMP

Key management personnel

LAT1 & 2

L-type amino acid transporters 1 & 2

MBS

Medicare Benefits Schedule

mCRPC

Metastatic castration-resistant prostate cancer

MM

Multiple myeloma

MRI

Magnetic resonance imaging

NDA

New Drug Application

NED

Non-Executive Director

NPP

Named patient program

ODD

Orphan drug designation

PCNRC

People, Culture, Nomination and Remuneration Committee

PDGFRα

Platelet-derived growth factor receptor alpha

PMDA

Pharmaceuticals and Medical Devices Agency (Japan)

PoC

Proof-of-concept

PSA

Prostate-specific antigen

PSMA

Prostate-specific membrane antigen

PSMA-PET

Prostate-specific membrane antigen imaging with positron emission tomography

QMS

Quality Management System

QSEB

Quality and Safety Evaluation Board

R&D

Research and development

R&I

Research and Innovation

rADC

Radio antibody-drug conjugate

REACH

Registration, Evaluation and Authorisation of Chemicals

RGS

Radio-guided surgery

SALA

Systemic amyloid light chain amyloidosis

SLN

Sentinel lymph node

SoC

Standard of care

SOP

Standard operating procedure

SPECT

Single photon emission computed tomography

STS

Soft tissue sarcoma

TAT

Targeted alpha therapy

TGA

Therapeutic Goods Administration (Australia)

TMS

Telix Manufacturing Solutions

TNBC

Triple-negative breast cancer

UN

The United Nations

VHL

Von Hippel Landau