Investor Presentaiton
Operating Cash Flow
Strong profitability and Easter impact
Cash flow
$ million
Working capital movements
Operating cash flow of $26.1 million reflected:
■ Strong EBITDA cash conversion
Variability of Livestock activity leading up
to balance date
Other outflows represents long and short
term incentive payments associated with
the financial year 2017 outperformance
47.4
3.3
5.7
0.6
2.0
0.1
14.4
0.3
26.1
2.2
24.0
+
$
St
$
$
$
$
$
Retail
EBITDA
Products
Agency
Services
Real
Estate
Services
Financial
Services
Feed and
Processing
Services
Other
Interest,
Free
tax &
dividends
Operating
Cash Flow
Capex
Cash
Flow
$ million
Retail
Products
Agency
Services
Estate
Real Financial
Services
Feed &
Process
Other
Total
EBITDA adjusted
24.6
21.4
6.6
7.0
2.6
(14.8)
47.4
Movements in assets and
liabilities
(3.3)
(5.7)
0.6
2.0
(0.1)
(14.4)
(20.9)
Interest, tax and dividends
(0.3)
(0.3)
Operating cash flow
21.2
15.6
7.2
9.0
2.5
(29.5)
26.1
Elders
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