Investor Presentaiton
Reconciliation of
Non-GAAP Items
To Their Closest GAAP
Equivalent
Net Debt/LQA Adjusted EBITDA
Cadet at balance sheet carrying value
Add: DLR share of unconsolidated joint venture debt
Add: Capital lease obligations
Less: Unrestricted cash
Net Debt as of September 30, 2020
Net Debt/LQA Adjusted EBITDA
(iii) Adjusted EBITDA
(iii)
Net loss available to common stockholders
Γ
DIGITAL REALTY.
L
Interest expense
Loss from early extinguishment of debt
Taxes
Depreciation and amortization
EBITDA
$
44,178
77,848
49,576
3,322
359,915
534,839
Unconsolidated JV real estate related depreciation & amortization
Unconsolidated JV interest expense and tax expense
21,471
12,143
Severance accrual and equity acceleration and legal expenses
Transaction and integration expenses
606
19,290.
Gain on sale / deconsolidation
Noncontrolling interests
(1,684)
Other non-core adjustments, net
(23,842)
1,818
Preferred stock dividends, including undeclared dividends
Adjusted EBITDA
13,514
$ 578,156
LQA Adjusted EBITDA (Adjusted EBITDA x 4)
$
2,312,623
$
QE 12/31/20
13,304,717
574,055
239,846
(108,501)
$
14,010,117
6.1x
0000
Fixed Charged Ratio (LQA Adjusted EBITDA/total fixed charges)
GAAP interest expense plus capitalized interest
Preferred dividends.
Total fixed charges
QE 12/31/20
99,067
13,514
112,581
Fixed charge ratio
5.1x
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