Investor Presentaiton
Adjusted EBITDA supplemental¹
Amended Credit Agreement
($ in thousands)
Adjusted EBITDA
Equity in net income of unconsolidated investments (net of tax)
Twelve Months
Ended
Dec 31, 2023
Dec 31, 2023
Sep 30, 2023
Three Months Ended
Jun 30, 2023
Mar 31, 2023
2,766,285
(314,987) $
453,287
(1,854,082)
Equity in pre-tax Windfield Holdings income
2,619,413
(436,537)
620,594
(470,306)
665,616
1,032,266
(551,051)
779,919
1,595,719
(396,188)
553,284
Dividends received from non-Windfield Holdings unconsolidated investments
16,362
5,287
7,186
2,687
1,202
Consolidated Windfield -Adjusted EBITDA
$
3,547,978
(125,643)
655,783
1,263,821
1,754,017
Total ALB Long Term Debt (as reported)
$
4,166,763
49% Windfield Holdings debt
494,764
217,150
Off balance sheet obligations and other
Consolidated Windfield -Adjusted Funded Debt
Less ALB Cash
Less 49% Windfield Holdings cash
4,878,677
889,900
95,743
Consolidated Windfield -Adjusted Funded Net Debt
$
3,893,034
Consolidated Leverage Ratio
1.1
1 This supplemental is for net-debt-to-adjusted EBITDA ratio based on the bank covenant definition.
AAlbemarle
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