Strategic Financial Overview
Reconciliation of FY17 Statutory results to pro forma
INGHAM'S
Heart of the Table
$ millions (AUD)
Statutory EBITDA
FY2017
52 weeks
IPO transaction costs
1
28.0
Advisory fees
2
1.2
Write off previous LTI scheme
3
4.2
Transformation & relocation costs
4
6.1
Full period public company costs
5
(1.0)
53rd Week
8
(3.8)
Pro forma EBITDA
195.0
160.3
59.1
1. Removal of costs of listing on ASX in November 2016
2. Relates to fees for services charged by TPG entities that will not
be incurred post listing
3. Relates to the remaining share based payments expense to be
recognized in FY17 relating to the previous LTI scheme
4. Consulting and other costs in relation to the transformation
program and the costs relating to the relocation of head office
incurred in FY16
5. Adjustment to include a full period of public company related costs
and replacement LTI scheme
6. Payment for the early termination of interest rate swap contracts
and write off of deferred borrowing costs resulting from refinancing
as part of the listing
7. Adjustment to reflect the interest and financing costs for the
capital structure in place as a result of the listing
8. Removal of 53rd week
Statutory NPAT
IPO transaction costs
Advisory fees
1
19.6
2
0.8
Write off previous LTI scheme
3
4.2
Transformation & relocation costs
4
4.3
Full year public company costs
5
(0.8)
Cost of exit from finance facilities
6
12.5
Capital structure adjustment
7
4.5
53rd week
8
(2.2)
Pro forma NPAT
102.0
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