Investor Presentaiton
4 Simplification of structure
The proforma impact on our reported 2020A results is significant
Revenue
EBITDA¹
OCF1
ticô
($m)
($m)
($m)
+36%
+52%
+80%
5,661
2,270
1,342
1,490
4,171
775
1,495
595
747
Reported
Tigo
Guatemala²
Proforma
Reported
35.8%
Tigo
Guatemala²
+4.3p.p.
Proforma
40.1%
Net Income
($m)
($m)
Reported
17.9%
Tigo
Guatemala²
+5.8p.p.
Proforma
|--23.7%
Equity Free Cash Flow¹
-254
56
119
-373
Reported
Tigo
Guatemala²
Proforma
322
378
Reported
Tigo
Guatemala²
Proforma
1) Non-IFRS measure. Please refer to the non-IFRS disclosures in this presentation for a description of non-IFRS measures.
A reconciliation of non-IFRS measures to the nearest equivalent IFRS measures is available atm illicom.com/investors/reporting-center.
2) Including consolidation adjustments. Equity Free Cash Flow is after leases and does not include Guatemala dividend payments to non-controlling interests thatwould not occur if
100% owned by Millicom.
10
% Revenue
XX%View entire presentation