(2) Includes amortization of intangible assets (including product development costs).
(3) Includes impairment of intangibles assets.
(4) As per our adjusted EBITDA definition, the profit measure is calculated before all unrealized foreign exchange gains/(losses) and foreign exchange gains/(losses) related to the cash proceeds raised through the initial public offering of ADRs on the NYSE. The remaining realized foreign exchange gains/(losses), which are included in adjusted EBITDA, have been included in the reconciliation of adjusted EBITDA to operating profit.
MiX TELEMATICS LIMITED | ||||||||||||||
OTHER FINANCIAL AND OPERATING DATA | ||||||||||||||
South African rand | United States dollar | |||||||||||||
Figures are in thousands unless otherwise stated |
Three months
|
|
Three months
|
Three months
|
Three months
|
|||||||||
2013 | 2012 | 2013 | 2012 | |||||||||||
Unaudited | Unaudited | Unaudited | Unaudited | |||||||||||
Subscription revenue | 219,835 | 176,032 | 21,002 | 16,817 | ||||||||||
Adjusted EBITDA | 65,512 | 69,205 | 6,259 | 6,612 | ||||||||||
Cash and cash equivalents | 792,576 | 76,794 | 75,718 | 7,336 | ||||||||||
Net cash | 731,056 | 19,418 | 69,842 | 1,855 | ||||||||||
Capital expenditure | 32,966 | 21,645 | 3,149 | 2,068 | ||||||||||
Vehicles under subscription (number) | 428,509 | 340,377 | 428,509 | 340,377 | ||||||||||
|