Investor Presentaiton
Reconciliations of non-GAAP financial measures
($ million)
Net income attributable to Amcor
Net income attributable to non-
controlling interests
Tax expense
Interest expense, net
EBIT
2019 Bemis Integration Plan
Twelve Months Ended June 30, 2022
Flexibles
Rigid
Packaging
Other
Total
Flexibles
805
Twelve Months Ended June 30, 2023
Rigid
Packaging
Other
Total
1,048
10
10
300
193
135
259
1,101
265
(116)
1,250
1,357
225
(72)
1,510
38
(1)
37
Net loss on disposals (1)
10
10
Impact of hyperinflation
16
16
24
24
Property and other losses, net(2)
9
4.
13
2
2
Russia-Ukraine conflict impacts(3)
200
200
(100)
8
2
(90)
Pension settlements
3
5
8
3
2
5
Other
2
2
4
14
1
(18)
(3)
Amortization of acquired intangibles (4)
Adjusted EBIT
158
5
163
155
5
160
1,517
289
(105)
1,701
1,429
265
(86)
1.608
Adjusted EBIT / sales%
13.6%
8.5%
11.7 %
12.8%
7.5%
10.9 %
Reconciliation of adjusted growth to comparable constant currency growth
% growth - Adjusted EBIT
% items affecting comparability(5)
% currency impact
% comparable constant currency
growth
(1) Includes losses on disposal of non-core businesses in fiscal year 2022.
(6)
(8)
(5)
4
4
3
1
2
1
(7)
(2) Property and other (gains)/losses, net for fiscal year 2023 includes property claims and losses, net of insurance recovery related to the closure of
our business in South Africa. Fiscal year 2022 includes business losses primarily associated with the destruction of our Durban, South Africa facility.
during general civil unrest in July 2021, net of insurance recovery.
(3) Includes the net gain on the sale of the Russian business and incremental restructuring and other costs attributable to group wide initiatives to
offset divested earnings from the Russian business. Fiscal year 2022 includes impairment charges and restructuring and related expenses.
(4) Amortization of acquired intangible assets from business combinations.
(5) Reflects the impact of acquired, disposed, and ceased operations.
Reconciliation of net debt
($ million)
Cash and cash equivalents
Short-term debt
Current portion of long-term debt
Long-term debt excluding current portion
Net debt
23
23
June 30, 2022
June 30, 2023
(775)
(689)
136
80
14
13
6,340
6,653
5,715
6,057
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