Diversified Subsidiary Companies Presentation slide image

Diversified Subsidiary Companies Presentation

Adjusted EBITDA Reconciliation by Segment - Year Ended December 31, 2021 ($Millions) Food (1) Investment Energy Automotive Packaging Real Estate Home Fashion (1) (1) Pharma Metals Holding Company Consolidated Adjusted EBITDA: Net (loss) income ($32) $29 ($260) ($2) ($8) Interest expense, net 109 7 6 ($8) 2 ($3) $186 ($402) ($500) 1 318 443 Income tax expense (benefit) (27) (72) 4 (2) 19 (78) Depreciation and amortization 343 87 28 9 7 28 14 1 517 EBITDA before non-controlling interests ($32) $454 ($238) $36 $1 ($1) $25 $201 ($64) $382 Restructuring costs 1 1 (Gain) loss on disposition of assets, net 22 (3) (163) (144) Transformation losses 149 149 Net (gain) loss on extinguishment of debt 8 (3) 5 Other 14 1 1 (14) 2 Adj. EBITDA before non-controlling interests ($32) $462 ($67) $51 ($1) $0 $11 $38 ($67) $395 Adjusted EBITDA attributable to IEP: Net (loss) income ($16) ($5) ($260) ($2) ($8) ($8) ($3) $186 ($402) ($518) Interest expense, net 48 7 5 2 1 318 381 Income tax expense (benefit) (14) (72) 3 (2) 19 (66) Depreciation and amortization 196 87 25 9 7 28 14 1 367 EBITDA attributable to IEP ($16) $225 ($238) $31 $1 ($1) $25 $201 ($64) $164 Restructuring costs 1 1 (Gain) loss on disposition of assets, net Transformation losses Net (gain) loss on extinguishment of debt Other 22 149 6 (163) (144) 149 (3) 3 13 1 1 (14) 1 Adjusted EBITDA attributable to IEP ($16) $231 ($67) $45 ($1) $0 $11 $38 ($67) $174 (1) The presentation of Adjusted EBITDA for "All Other Operating Segments" included in this presentation consists of results from our Food Packaging, Home Fashion, and Pharma segments. 25
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