Telia Company Results Presentation Deck
Operational free cash flow
Operational free cash flow bridge
Reported currency, in SEK billions
15
4.0
Q1 21
EBITDA
Cash
CAPEX
AMBITION
-1.9
Intr./tax
Other
NWC
Lower cash flow due to tough working capital comparison
2.2
Q1 22
Operational free cash flow development
Reported currency, in SEK billions, R12
1208
14
6
4
2
0
Q1 20
Minimum dividend level
Q3 20
Q1 21
Operational free cash flow
Q3 21
Structural part
Q1 22
2021-2023: The operational free cash flow is expected to cover the minimum dividend commitment throughout the period
From 2022: Operational free cash flow excl change in NWC is expected to cover the minimum dividend commitment
8.5
7.0
Cash flow declined mainly driven by lower NWC contribution
Structural cash flow to improve YTG supported by EBITDA growthView entire presentation