27 ge ne r al c able annu al r e por t In addition to reporting financial results in accordance with accounting principles generally accepted in the u nited States (GAAP), we discuss earnings per share and operating income as adjusted for certain items as reflected in the table below . These Company-defined adjusted measures are being provided because management believes they are useful in analyzing the operating performance of the business and consistent with how management reviews the underlying business trends. u se of these non-GAAP measures may be inconsistent with similar measures presented by other companies and should only be used in conjunction with our results reported according to GAAP . A reconciliation of operating income and earnings per share as reported to adjusted operating income and adjusted earnings per share follows: r econcilia tion o F n on- gaap Measures (in millions, except per share data) 2 012 2 0 11 a s r eported 194.8 0.08 230.1 1.23 Adjustments to Reconcile Operating Income/EPS Submarine Business Equipment Failure and Project Delays / Deferrals 15.6 0.31 – – ROW Adjustments 22.1 0.33 – – Acquisition Costs 6.0 0.07 – – Restatement and Forensic Investigation Costs 3.0 0.04 – – Spain Severance Charges 6.3 0.12 – – One-T ime Non-Cash Pension T ermination Charge 6.1 0.08 – – Loss on Extinguishment of Debt – 0.11 – – Non-Cash Convertible Debt Interest Expense – 0.42 – 0.38 Mark to Market (Gains) Loss on Derivative Instruments – ( 0.07 ) – 0.27 One-Off T ax Charge in Connection with the Restructuring of Legal Entities to Integrate the Alcan Cable Canada Business – 0.20 – – Effective T ax Rate Adjustment – 0.25 – – T otal Adjustments 59.1 1.86 – 0.65 a djusted $ 253.9 $ 1.94 $ 230.1 $ 1.88 t wel V e Months O PERA TING I NCOME O PERA TING I NCOME EPS EPS