Investor Presentaiton
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Q2 2022 and Q2 YTD 2022 Reconciliation of Free Cash
Flow to Cash Provided by Operating Activities
($US Dollars in thousands)
Cash provided by operating activities
Purchases of property, plant and equipment
Free cash flow
Three Months Ended
June 30,
2022
2021
155,801 $
29,129
(49,653)
(32,111)
$
106,148 $
(2,982)
Net proceeds from real estate sales
20,469
12,441
Free cash flow including net proceeds from real estate sales $
126,617 $
9,459
($US Dollars in thousands)
Six Months Ended
June 30,
2022
2021
Cash provided by operating activities
103,589 $
100,857
Purchases of property, plant and equipment
(72,210)
(51,061)
Free cash flow
$
31,379 $
49,796
Net proceeds from real estate sales'
23,835
12,441
Free cash flow including net proceeds from real estate sales $
55,214 $
62,237
1. Continuing through 2022, we will deploy significant capital expenditures to accelerate the proactive streamlining of our real estate footprint. This initiative has succeeded in making certain real estate assets
redundant, enabling the Company to sell such assets to partially fund the initiative's gross capital expenditures.
¡Heart
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