Corporate & Investor Presentation
Capital allocation
$ in millions
3Q22
Higher
priority
.
Reinvest in product development for
Cash and cash equivalents
$202
Reinvest for
growth
high-return organic growth
7-8% of revenue invested in R&D
Debt
$681
Net debt
$479
Pursue M&A
Free cash flow
$69
Actively evaluate potential acquisitions
Pursue targets aligned with long-term
strategic goals and financial objectives
Unused borrowing capacity
$1,570
NOTE: Values may not calculate due to rounding
Support dividends
Regular return of cash to shareholders
through dividend at a level that is
meaningful and sustained
During 3Q22
$67M invested in R&D (8% of revenue)
Paid $61M in dividends to shareholders
Lower
priority
29
© 2022 ResMed | Corporate & Investor Presentation - updated 28APR22
Opportunistically
•
repurchase shares
Current program suspended following
Opportunistic repurchase of shares
acquisitions of MatrixCare and Propeller
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