Maximising Long-Term Value and Strategic Growth slide image

Maximising Long-Term Value and Strategic Growth

Key financials (Annual) Performance Highlights | Net DEBT Net Debt USD Mn Net Debt to EBITDA USD Mn 6 1,600 1,438 1,327 3.3 3.4 3.2 3.2 3.1 1,232 4 1,150 1,151 1,216 2.8 1,193 2.6 1,170 2.3 1,200 2 800 400 0 Mar-15 Mar-16 Mar-17 Mar-18 Mar-19 Mar-20 Jun-20 Sep-20 Cost of Debt % 0 Mar-15 Mar-16 Mar-17 Mar-18 Mar-19 Mar-20 Jun-20 Sep-20 6.00% 3.80% 3.87% 3.86% 4.50% 3.41% 3.73% 3.12% 3.03% 2.80% 3.00% • Net debt was at USD 1,170 Mn, a decrease of USD 23 Mn over last quarter, despite dividends and employee bonus payments, aided by strong operating cashflows. 1.50% • Average cost of borrowing for Q2 was 2.80%, a decrease by 23 BPS over Q1 FY21 primarily due to decline in Average LIBOR from 0.37% in Q1 to 0.26% in Q2 FY21. 0.00% Mar-15 Mar-16 Mar-17 Mar-18 Mar-19 Mar-20 Jun-20 Sep-20 Note: USD-Rs.: FY15 - 61.13; FY16 - 65.44; FY17 - 67.07; FY18 - 64.47, FY19-69.9; Q1FY18 - 64.48; Q2FY18 - 64.30; Q3FY18 - 64.77; Q4FY18 - 64.35; Q1FY19-66.94; Q2 FY19 - 70.10; Q3 FY19-72.13, Q4 FY19 - 70.47; Q1 FY20 - 69.6; Q2 FY20 - 70.4; Q3 FY20- 71.24; Q4 FY20- 72.32; Q1 FY21- 72.32; Q2 FY21-73.77 FY15, FY16 are reported numbers, and include Data centre business 27 TATA COMMUNICATIONS
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