Ford
company non financial measures that supplement measures | Ford
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September 2023
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43 of 46
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in addition to the results provided in accordance with accounting principles generally accepted in the this presentation includes non measures including adjusted operating loss income adjusted and adjusted a to present operating results on an adjusted basis to eliminate the impact of the closing of the apa net realizable value adjustments impairment and litigation accrual as management believes these affect the comparability or underlying business trends between quarters the table below provides a reconciliation of operating loss income and a the most directly comparable financial measures calculated and presented in accordance with to adjusted operating loss and adjusted a respectively the company believes that these non measures when reviewed in conjunction with financial measures can provide more information to assist investors in evaluating historical trends and the current period performance items may be excluded from financial measures when the company believes this provides useful supplementary information to management and investors in assessing the operating performance of our business however the company inclusion of these adjusted measures should not be construed as an indication that its future results will be unaffected by unusual or infrequent items or that the items for which it has made adjustments are unusual or infrequent or will not recur a non financial measure should be considered in addition to and not as superior to or as a substitute for the financial measures presented in this earnings release and the company condensed consolidated financial statements and other publicly filed reports in addition any non financial measure the company provides may not be the same as or comparable to similar non measures presented by other companies | Lordstown Motors
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appendix a non financial measures uses non financial measures in this presentation non financial measures are financial measures that are derived from the consolidated financial statements but that are not presented in accordance with generally accepted accounting principles in the united states or we believe these non financial measures provide a meaningful comparison of our results to in the industry and our prior year results investors should consider these non financial measures in addition to and not as a substitute for our financial performance measures prepared in accordance with further our non information may be different from the non information provided by other companies the information in appendices a and provides an explanation of each non financial measure and shows a reconciliation of non financial measures used in this presentation to the most directly comparable financial measures | jetBlue
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