Investor Presentaiton
($ in millions)
FREE CASH FLOW RECONCILIATION
YRCW Consolidated
FY 2013
FY 2014
FY 2015
FY 2016
FY 2017
3Q 2017
3Q 2018
LTM 3Q 2017
LTM 3Q 2018
Net Cash (used) / provided in operating activities (a)
$
13.5
$
33.3 $
147.6 $
Acquisition of property and equipment
Proceeds from disposal of property and equipment
(66.9)
9.8
(69.2)
20.8
Free Cash Flow
$
(43.6) $
(15.1) $
(108.0)
17.5
57.1 $
103.8 $
(100.6)
35.1
38.3 $
60.7
$
25.9 $
86.4
$
83.7 $
152.0
(103.3)
8.8
(31.9)
1.6
(45.9)
(96.0)
(124.8)
0.7
16.9
(33.8)
$
(4.4) $ 41.2
$
4.5 $
5.4
32.6
(a) The Company adopted ASU 2016-09, Improvements to Employee Share-Based Payment Accounting, beginning in January 1, 2017, with a retrospective
application. The new standard requires an employer to classify as a financing activity in its statement of cash flows the cash paid to a taxing authority when shares
are withheld to satisfy the employer's statutory income tax withholding obligation. As a result of adoption, the Company reclassified "Payments for tax withheld on
share-based compensation" as financing activities in the statements of consolidated cash flows for 2013 - 2017 annual and quarterly periods, as applicable.
YRC WORLDWIDE INVESTOR PRESENTATION
40View entire presentation