FY22 Results Presentation
Strong growth in operating cashflows
A$m
FY22
FY21
Growth
Statutory operating cashflow
217.1
219.0
(3%)
Add: IPO deal costs in operating cash flow
36.3
(1.0)
Add: Net finance costs paid
0.2
(0.2)
Add: Net income taxes paid
28.3
8.0
Pro forma operating cashflow¹
281.9
225.8
25%
Pro forma EBITDA²
308.0
234.7
31%
Pro forma EBITDA cash conversion³
92%
96%
Statutory cashflow
Operating cashflow
Investing cashflow
Financing cashflow
Net increase / (decrease) in cash
Opening cash (including FX differences)
Closing cash
18
| FY22 Results Presentation
217.1
219.0
(3%)
(252.2)
(1,251.1)
100.9
1,137.9
65.8
105.8
105.6
1.0
171.4
106.8
61%
Pro forma operating cashflow increased 25% to $281.9m
> Underpinned by EBITDA growth in FY22
Investing cashflow of -$252.2m
Acquisitions of Generation Health, DWFS, Early Start
Australia, Mylntegra and Mobility, Clustera, Biosymm and
Lifecare ($207.3m)
Capex driven by Restart Scheme mobilisation, Canadian
RSVP ramp-up, IT fleet and security upgrades - $39.6m
Financing cash flows of +$100.9m
Includes proceeds of $343.5m from the IPO and debt
repayments of $167.8m
Interest payments down $23.5m following July 2021
debt refinance, IPO and debt repayment
(1) pro forma operating cash (statutory operating cash adding back cash income tax paid, net finance costs and one-off IPO and advisory fees)
(2) Earnings before interest, tax, depreciation and amortization, refer slide 27 for a reconciliation of pro forma EBITDA
(3) Cash conversion reflects pro forma operating cash (statutory operating cash adding back cash income tax paid, net finance costs and one-off IPO advisor
fees) divided by pro forma EBITDA.
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