Investor Presentation
Cash Flow to Equity (CFe)
(US $ million)
For the quarter ended
December 31, 2019
For the quarter ended
December 31,
2020
Operating
Others
Total
Operating
Others
Total
Sale of power
Cost of operations
General and administrative
Adjusted EBITDA
41.7
41.7
48.2
48.2
3.7
3.7
4.2
4.2
4.3
4.9
9.2
1.6
21.1
22.7
33.7
(4.9)
28.8
42.4
(21.1)
21.3
Depreciation and amortization
9.7
0.2
9.9
10.8
0.1
10.9
Operating income/ (loss)
24.0
(5.1)
18.9
31.6
(21.2)
10.4
Interest expense, net
32.4
1.6
34.0
24.3
3.0
27.3
Other expense/ Income
(0.1)
(0.3)
(0.4)
0.1
0.1
Loss on foreign currency exchange, net
0.6
0.3
0.9
Profit/(loss) before Income Tax
(8.9)
(6.7)
(15.6)
7.2
(24.2)
(17.0)
Add: Depreciation
9.7
0.2
9.9
10.8
0.1
10.9
Add: Foreign exchange loss, net
0.6
0.3
0.9
Add: Ancillary cost of borrowing
3.8
0.3
4.1
0.7
0.3
1.0
Add: Other items from the Statement of Cash Flows (1)
4.5
0.8
5.3
1.9
18.6
20.5
Less: Cash paid for income taxes
(1.6)
(0.9)
(2.5)
(1.8)
(0.6)
(2.4)
Less: Debt Amortization (2)
(1.0)
(1.0)
(2.0)
(2.0)
Less: Maintenance Capital expenditure (3)
CFe
7.1(4)
(6.0)
1.14)
16.8
(5.8)
11.0
All amounts for the quarter ending December 31, 2020 and 2019 have been translated at an exchange rate- INR 73.01 to US$1 (New York closing rate of December 31, 2020).
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