FX-neutral

Financial reporting - non-GAAP measures - exchange rates.

FX-neutral is a basis of calculating and disclosing financial amounts on the basis of the same foreign exchange rates in successive periods.

Also known as a constant currency basis or a constant exchange rate basis.

This calculation is a non-GAAP measure.

See also

• Adjusted earnings
• Constant exchange rate (CER)
• Exchange rate
• Financial reporting
• Generally accepted accounting principles (GAAP)
• Non-GAAP measures
• Reporting entity
• Underlying