Fourth Quarter 2023 Earnings Report slide image

Fourth Quarter 2023 Earnings Report

Non-GAAP Measures, continued (Millions of dollars, except per share data) Adjusted EBITDA and % of Sales Net Income Linde plc Add: Noncontrolling interests Add: Net pension and OPEB cost (benefit), excluding service cost Add: Interest expense Add: Income taxes. Add: Depreciation and amortization EBITDA Add: Other charges (a) Add: Purchase accounting impacts - Linde AG (c) Total adjustments Adjusted EBITDA Reported sales % of sales EBITDA Adjusted EBITDA Linde 2023 Year to Date Q4 December 31, Year to Date Q3 Q2 Q1 Q4 December 31, 70 2022 Q3 Q2 Q1 $ 6,199 $ 1,543 $ 1,565 $ 1,575 $ 142 33 36 37 1,516 36 $ 4,147 $ 1,328 $ 134 33 1,273 $ 27 372 $ 38 1,174 36 (164) (39) (35) (45) (45) (237) (58) (53) (62) (64) 200 71 40 52 37 63 31 18 5 9 1,814 459 487 438 430 1,434 388 391 286 369 3,816 949 959 960 948 4,204 956 1,045 1,091 1,112 12,007 3,016 3,052 3,017 ? 2,922 9,745 2,678 2,701 1,730 2,636 40 (2) 2 86 23 20 22 22 18 1,029 25 15 993. (4) 20 23 99 22 23 23 31 126 21 22 42 41 1,128 47 38 1,016 27 $ 12,133 $ 3,037 $ 3,074 $ 3,059 $ 2,963 $ 10,873 $ 2,725 $ 2,739 $ 2,746 $ 2,663 $ 32,854 $ 8,302 $ 8,155 $ 8,204 $ 8,193 $ 33,364 $ 7,899 $ 8,797 $ 8,457 $ 8,211 36.5% 36.3% 37.4 % 36.8% 35.7% 29.2% 33.9% 30.7 % 20.5 % 36.9% 36.6% 37.7% 37.3 % 36.2% 32.6 % 34.5% 31.1 % 32.5% 32.1 % 32.4% 27 27
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