GROUP - EBIT PERFORMANCE - PRE COVID TO NOW
Domino's
GROUP - DEBT POSITION
DPE STRENGTHENS ITS BALANCE SHEET & FUNDING CAPABILITY
■
The Group raised new debt, with a 4-year term, to fund the
acquisition of Malaysia and Singapore (net cash payment $202m) Total Cash and Cash Equivalents
The Group's debt composition includes $367.2m of debt which
has been fixed at <1% and has a maturation profile of 4-6 years
In addition, DPE completed a Capital raising of $163.2m net,
during H123, to be used primarily to fund the acquisition of
remaining shares held by Domino's Pizza Group plc in the
German joint venture (forecast to complete H223)
Banking Covenant Ratios
H122
FY22
H123
12 Month Rolling EBITDA (ex AASB 16)
Total Debt
$362.6m
$339.7m $310.8m
Interest Coverage Ratio
Net Leverage Ratio
$598.5m $647.5m $810.2m
$107.6m $76.9m $143.7m
$491.2m $570.7m $666.5m
36.3x
33.7x
24.8x
1.4x
1.7x
2.1x
Net Debt
Total Cash and Undrawn Debt $m
597.4
400.2
■ Total available cash and cash equivalents $143.7m
307.2
453.7
292.7
■ Multi-currency undrawn debt facilities of $453.7m
230.3
◉
Net Leverage Ratio is significantly below our 3.0x banking
covenant requirement
107.6
143.7
76.9
H122
FY22
H123
■Total Cash & Cash Equivalents
I Undrawn Debt
20View entire presentation