Investor Presentaiton
FINANCIAL LEVERAGE
CONSOLIDATED
0.6x
698
Net Debt¹ &
Net Debt/Adjusted EBITDA²
Net Debt Evolution - ProForma
(R$ million)
(698)
512
(1,726)
4Q2I
(265)
(2,027)
(1,018)
2,158
(990)
2.5x
2.3x
4Q21 ND
Operational
Generation
CAPEX
Interest
Discontinued
Activ. Hiper
Dividends Discontinued
4Q22 ND
Éxito
2,943
•
2,027
·
GPA Brazil + Grupo Éxito
Reinforcement of the financial structure:
Reduction of R$ 0.9 billion of net debt in 4Q22 vs. 4Q2I proforma Brazil
Solid cash position of R$ 3.8 billion, representing 3.7x of short-term gross debt of R$ 1.0
billion, R$ 0.5 billion refinanced by the new CRI issuance (debentures)
Proper Net Debt¹/Adjusted EBITDA² level of 2.3x in 4Q22, considering Grupo Éxito
discontinuity
•
4Q2I
Proforma Brazil³
4Q22
Net Debt Adjusted EBITDA²
Hypermarket: transaction 100% received, with net cash in of R$ 2.1 billion for debt
reduction
GPA 13
I - Includes not prepaid credit card portfolio; 2 - Adjusted EBITDA IFRS 16, accrued in the last 12 months. The Company does not consider the lease liabilities related to IFRS 16 when calculating the debt;
3- Disconsiders net debt and Grupo Éxito EBITDA;View entire presentation