Investor Update
Adjusted EBITDA Reconciliation (Unaudited) $ in millions
Year Ended December 31,
Adjusted EBITDA
Add (deduct):
Legal, tax, and regulatory reserve changes and settlements
Goodwill and asset impairments/loss on sale of assets
Restructuring and related charges, net
Driver appreciation award
Payroll tax on IPO stock based compensation
Mass arbitration fees, net
2018
2019
($1,847)
($2,725)
2020
($2,528)
2021
2022
2023
($774)
$1,713
$4,052
(340)
(353)
35
(526)
(732)
(9)
(237)
(8)
(317)
(157)
(25)
(84)
(57)
(362)
(2)
(51)
(299)
(86)
(43)
14
Legacy auto insurance transfer
(103)
Gain (loss) on lease arrangement
བ
4
5
(7)
(4)
Acquisition, financing and divestitures related expenses
(15)
Accelerated lease costs related to cease-use of ROU assets
COVID-19 response initiatives
Depreciation and amortization
Stock-based compensation expense
(86)
(102)
(46)
(36)
(102)
(5)
(6)
(106)
(54)
(1)
(426)
(472)
(575)
(902)
(947)
(823)
(172)
(4,596)
(827)
(1,168)
(1,793)
(1,935)
Other income (expense), net
Interest expense
4,993
722
(1,625)
3,292
(7,029)
1,844
(648)
(559)
(458)
(483)
(565)
(633)
Income (loss) from equity method investments
(42)
(34)
(34)
(37)
107
48
(Provision for) benefit from income taxes
(283)
(45)
192
492
181
(213)
Net (income) loss attributable to non-controlling interest, net of tax
10
6
20
74
(3)
(269)
Net income (loss) attributable to Uber Technologies, Inc.
$997
($8,506)
($6,768)
($496)
($9,141)
$1,887
Uber | Investor Update
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