MTN Rwandacell Company Overview

Attractive Return Profile | Free cash-flow Source: Company information Strong EBITDA performance translated into healthy free cash flows for 2020 (FRw bn) EBITDA Capex FCF 2018 2019 2020 30.1 50.9 74.5 (22.5) (27.2) (22.5) 7.6 23.7 52.0 Change in Net Working Capital (11.9) (8.5) (14.0) Net Interest Paid (0.4) (4.7) (4.4) Income Tax Paid (3.7) (3.6) (6.3) Other Equity FCF 44 0.0 0.0 0.0 (8.5) 6.9 27.2 MTN

View entire presentation