Strategic M&A: Foundation for Our Business
Strategic Capital Allocation and Strong Liquidity
Capital deployed on
Acquisitions (US$ M)
$2,107
Historical Use of Capital
Dividends Paid
(US$ M)
CAPEX
(US$ M)
$189
$169
$146
$121
$1,384
$99
$1,108
$88
$75
$339
$387
$287
$327
+153%
$42
$105
$77
$80
$73
$70
$64
FY'14 FY'15 FY'16 FY'17 FY'18 FY'19 FY'20
FY'14 FY'15 FY'16 FY'17 FY'18 FY'19 FY'20
FY'14 FY'15 FY'16 FY'17 FY'18 FY'19 FY'20
$5.8B
deployed
$1B+ paid in
dividends
$500M+ CAPEX
deployed
●
●
•
Ability to grow and
generate future returns
$1.1B Generated FCF
over the TTM
$2.25B Total Available
& Committed Liquidity1
1.6x Net leverage ratio
14% Low Adj Tax Rate
Low capital intensity
business
Resolved long-
standing tax matter
opentext™
1. Excludes restricted cash. Includes Cash and the Undrawn Revolver of $750m as of December 31, 2020.
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