CAE Financial Overview and Strategic Outlook
50%
Year of FFS
45%
deployment
CAPITAL ALLOCATION PRIORITIES
Organic capital driving recurring revenues and accretive
compounding growth
$966M+
in Civil Training (FY17-FY23)
Pre-tax Returns on Organic Capital* Deployed
48%
40%
FY17
organic capital*
35%
FY18
35%
31%
invested in FY17-FY23
FY19
33%
30%
30%
29%
29%
27%
FY20
to deploy 99 Full Flight
25%
23%
FY21
Simulators (FFS)
20%
FY22
within CAE's
15%
15%
FY 23
Civil aviation training
network
10%
8%
5%
2%
0%
FY17
-5%
5%
3%
4%
1%
14%
18%
13% 14%
12%
10%
9%
7%
6%
3% 3%
FY18
FY19
FY20
0%
FY21
FY22
FY23
15
Investments in long-term assets that quickly generate recurring revenue
and highly accretive returns
*Defined as the operating profit of the FFS divided by the investment in FFS by year of deployment
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