Telia Company Results Presentation Deck
NET DEBT UP DUE TO DIVIDEND AND M&A
21
NET DEBT DEVELOPMENT
Continuing and discontinued operations, SEK billion, and leverage ratio
2.50x
75.4
-5.6
3.9
1.5
4.9
9.2
-1.2
= Leverage ratio (multiple, rolling 12 months including a full 12
months of Get/TDC Norway and Bonnier Broadcasting)
2.71x
88.1
Q3 19 Operations Cash Buy- Dividend Bonnier Other Q4 19
CAPEX backs
Broadcasting
●
Net debt increased driven mainly by the Bonnier
Broadcasting acquisition and payment of the
second dividend tranche
Share buy-backs of around SEK 0.9 billion left
to do until the AGM 2020
●
• Bonnier Broadcasting earn-out of around SEK
0.8 billion
●
The remaining 50% equals to SEK 0.2 billion in
dividend from Turkcell to be received H1 2020
• Pro forma leverage of 2.76xView entire presentation