3Q20 Earnings Call Presentation slide image

3Q20 Earnings Call Presentation

Investment Grade Balance Sheet Strength As of September 30, 2020: ■ Cash Balance - $2.40 billion ■ Debt¹ - $13.89 billion ■ Net Debt¹ - $11.49 billion ■ Net Debt¹ to TTM EBITDA - 10.7x Trailing Twelve Months Ended September 30, 2020: ■ Cash Flow from Operations – ($0.07) billion ◉ Adjusted Property EBITDA - $1.08 billion ■ LVS Dividends Paid - $1.19 billion; SCL Dividends Paid - $308 million² ($ in US millions) Sands China U.S. LVS Corp. Total Figures as of September 30, 2020 Ltd. Singapore Operations and Other Consolidated Cash and Cash Equivalents³ $1,041 $322 $150 $884 $2,397 Debt 6,944 2,980 3,965 13,889 Net Debt (Cash) 5,903 2,658 (150) 3,081 11,492 Trailing Twelve Months Adjusted Property EBITDA 3334 696 46 1,075 Gross Debt to TTM Adjusted Property EBITDA 20.9x 4.3x 12.9x Net Debt to TTM Adjusted Property EBITDA 17.7x 3.8x 10.7x Investment Grade Balance Sheet Provides Stability During the Recovery Period 1. Debt balances shown here are net of deferred financing costs and original issue discounts of $143 million and exclude finance leases. 2. Reflects only the public (non-LVS) portion of dividends paid by Sands China. Total dividends paid by Sands China in the TTM period ended September 30, 2020 were $1.02 billion. 3. Includes restricted cash of $17 million. 4. TTM Adjusted Property EBITDA for Sands China presented here reflects Adjusted Property EBITDA from our Macao Operations. Sands 12
View entire presentation