Investor Presentaiton
FINANCIALS
RECONCILIATION OF NON-IFRS MEASURES
Reconciliation of EBITDA, Adjusted EBITDA, net debt-to-EBITDA and net debt-
to-adjusted EBITDA (last 12 months ended September 30)
32
(Amounts in millions, except net debt-to-EBITDA ratios)
2023
2022
Operating income
Depreciation and amortization
$563.2
$300.3
361.0
325.3
EBITDA
$924.2
$625.6
Restructuring, integration and acquisition costs
73.1
127.3
Impairment reversal of non-financial assets following their repurposing and optimization
9.8
Cloud computing transition adjustment
13.4
Adjusted EBITDA
$1,007.1
$766.3
Net Debt
Net debt-to-EBITDA
Net debt-to-adjusted EBITDA
CAE Inc. Proprietary Information and/or Confidential
$3,184.5
$3,194.6
3.45x
5.11x
3.16x
4.17x
CAEView entire presentation