Centrica Results Presentation Deck
Illustrative Spirit Energy disposal businesses
cash flow phasing
Disposal cash flows £m
Operating profit
Hedges
Add: non-cash costs
EBITDA
Cash tax
Capex
Other cash flows
Disposal proceeds
Free cash flow
Dividend to Spirit minority shareholders
Cash flow related to period from 01/01/21
2021
647
(91)
247
803
(53)
(202)
23
37
608
608
2022
(106)
(106)
(298)
473
69
(251)
(182)
Disposal proceeds are subject to customary adjustments.
Table excludes contingent possible consideration, which based on 31 December 2021 commodity prices would total £47m.
40 Centrica plc Preliminary Results 2021
Total
647
(197)
247
697
(351)
(202)
23
510
678
(251)
427
●
●
●
centrica
Table illustrative of 1 January 2022
completion date
Actual completion expected in Q2
2022
Final disposal proceeds will be adjusted
for cash flows generated in 2022
- Neutral impact on FCFView entire presentation