Adjusted IFRS(1) Unit FY 2021 FY 2020
FINANCE Adjusted Revenue In millions 6,667.2 6,014.5
Adjusted Recurring EBIT In millions 431.0 353.8
Adjusted Recurring EBIT Margin % 6.5 5.9
Adjusted Effective Tax Rate % 29.7 33.0
Adjusted Net Profit(2) In millions 251.4 206.7
Diluted Earnings per Share(3) In 1.39 1.15
Adjusted Operating Cash Flow In millions 992.7 1,064.4
Adjusted Net Cash In billions 3.1 2.2(4)
Adjusted Order Intake In millions 9,789.9 4,291.9
Adjusted Backlog In millions 16,388.3 12,745.0
Finance
(1) Financial information is presented under an adjusted IFRS framework, which records Technip Energies proportionate share of equity affiliates and restates the share related to non-controlling interests, and excludes restructuring expenses, merger and integration costs, and litigation costs. (2) Net profit attributable to Technip Energies Group. FY 2020 net profit benefited from favorable litigation settlement of 102.9 million. (3) FY 2021 and FY 2020 diluted earnings per share have been calculated using the weighted average number of outstanding shares of 180,328,838 and 179,813,880 respectively. (4) After impact of the separation and distribution agreement.
88 . Impact Book