Investor Presentaiton
Reconciliation of
Non-GAAP Items
To Their Closest
GAAP Equivalent
Net Debt/LQA Adjusted EBITDA
in 000's
Total debt at balance sheet carrying value
Add: DLR share of unconsolidated joint venture debt
Add: Capital lease obligations
Less: Unrestricted cash (including DLR share of unconsolidated JV)
Net Debt as of June 30, 2021
Net Debt/LQA Adjusted EBITDA
)
(iii) Adjusted EBITDA
Net income available to common stockholders
S
127,368
75,014
QE 6/30/21
$13,927,821
723,202
228,549
(300,093)
$14,579,479
6.0x
Γ
DIGITAL REALTY.
L
Interest expense
Loss from early extinguishment of debt
Taxes
47,582
Depreciation and amortization
368,981
EBITDA
618,945
Unconsolidated JV real estate related depreciation & amortization
Unconsolidated JV interest expense and tax expense
20,983
15,523
Severance accrual and equity acceleration and legal expenses
2,536
Transaction and integration expenses
7,075
Gain on sale/deconsolidation
Other non-core adjustments, net
Noncontrolling interests
(499)
(60,308)
Impairment of investments in real estate
Preferred stock dividends, including undeclared dividends
4,544
11,885
Issuance costs associated with redeemed preferred stock
Adjusted EBITDA
LOA Adjusted EBITDA (Adjusted EBITDA x 4)
(18,000)
S
602,684
$ 2,410,734
Fixed Charged Ratio (LQA Adjusted EBITDA/total fixed charges)
Interest expense (including unconsolidated JV interest expense) plus capitalized interest
Preferred dividends
Total fixed charges
Fixed charge ratio
QE 6/30/21
99,054
11,885
110,939
5.4x
56
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