Q1 FY'22 Financial Overview
Strong Cash Flows and Balance Sheet
Trended Consolidated Net Leverage Ratio (1)
FY'21 (US$M)
Operating Cash Flows (2) $876
Less: CapEx
Free Cash Flows (2)
$812
Less: Principal(³)
$10
Less: Dividends
$211
Carbonite
Acquisition
Closing
$64
2.28x
2.25x
2.04x
1.82x
1.60x
1.57x
1.45x
Q2 FY'20
Q3 FY'20
Q4 FY'20
Q1 FY'21
Q2 FY'21
Q3 FY'21
Q4 FY'21
Less: Share Buyback
$119
Cash Generated for
Corporate Purposes (2), (4)
$472
opentext™
1. Consolidated Net Leverage Ratio (pro forma) is calculated using bank covenant methodology.
2. Includes IRS settlement payment of $299.6m in FY'21.
3. Excludes $600 million repayment in Q2F21. As of June 30, 2021, we had no outstanding balance under the Revolver.
4. Corporate purposes may include acquisitions, debt repayment, share repurchases, or other initiatives.
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