Investor Presentaiton
RECONCILIATION OF FREE CASH FLOW
Free cash flow is defined as net cash provided by (used in) operating activities less net capital expenditures. Net capital expenditures is defined as capital
expenditures less proceeds from sale of property and equipment and from insurance settlements related to property and equipment.
Net cash provided by operating activities of continuing operations
(as defined by GAAP)
Less: Net capital expenditures:
Capital expenditures
Proceeds from sale of property and equipment
Proceeds from insurance settlements related to property
and equipment
Net capital expenditures
Free Cash Flow
QUANTA
For the Years Ended December 31,
(in thousands)
(Unaudited)
As of November 2, 2023
Estimated Guidance Range
2014
2015
2016
2017
2018
2019
2020
2021
2022
Low
2023E
Midpoint
High
$
247,742 $
628,649 $
390,749 $
371,891 $
358,789 $
526,551 $ 1,115,977 $
582,390 $
1,130,312 $ 1,200,000
$ 1,300,000 $
1,400,000
(247,216)
14,448
(209,968)
26,178
(212,555)
21,975
(244,651)
23,348
(293,595)
31,780
(261,762)
31,142
(260,052)
35,390
(385,852)
49,186
(427,630)
62,058
(400,000)
(400,000)
(400,000)
546
(232,768)
$
14,974 $
(183,790)
444,859
$
(190,034)
200,715 $
1,175
(220,128)
151,763 $
714
(261,101)
97,688 $
1,964
(228,656)
297,895 $
542
535
(224,120)
891,857
$
(336,131)
246,259 $
2,065
(363,507)
766,805 $
(400,000)
800,000 $
(400,000)
900,000
(400,000)
$ 1,000,000
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