Flutter Results Presentation Deck slide image

Flutter Results Presentation Deck

● Appendices - Cash flow Adjusted free cash flow doubled due to: Increased Adjusted EBITDA reflecting US profit inflection Higher capex driven by the acquisition of Sisal in August 2022, and investment in global capabilities Larger working capital outflow relating to operational seasonality Increased lease liability payments SDI outflow relates to the proposed US share listing, efficiency projects and Sisal integration costs Interest £70m higher due to debt funded Sisal acquisition and higher interest rates Other includes £131m paid by the Employee Benefit Trust to acquire shares for settlement of FanDuel incentive schemes £m Adjusted EBITDA Capex Working capital Corporation tax Lease liabilities paid Adjusted free cash flow Cash flow from separately disclosed items Free cash flow Interest and other borrowing costs Acquisitions and disposals Other Net (decrease)/ increase in cash Net debt at start of year Foreign currency exchange translation Change in fair value of hedging derivatives Net debt at 30 June H12023 823 (237) (144) (138) (52) 253 (60) 193 (117) (135) (59) (4,644) 162 (93) (4,634) H1 2022 476 (156) (41) (132) (21) 127 (39) 87 (48) (395) (3) (360) (2,647) (241) 244 (3,004) YOY +73% +52% +249% +4% +148% +100% +52% +121% +142% -100% +3,811% -84% +75% +54% F II. 45
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