Melrose Results Presentation Deck slide image

Melrose Results Presentation Deck

Some helpful data for H1 2023 Melrose Income Statement Revenue: Engines Structures Aerospace Adjusted¹ operating profit (pre-PLC costs) Engines Structures Aerospace PLC costs Adjusted¹ effective tax rate Income Statement cash interest: Interest cost of gross drawn debt Commitment fee on undrawn debt Other cash interest Income Statement non-cash interest: Amortisation of financing fees Other non-cash interest² 1. 2. 3. H1 2023 £608 million £1,025 million £1,633 million £149 million £26 million £175 million £16 million c. 21% c. 5% c. 0.5% £3 million £2 million £9 million Cash flow Depreciation: Owned assets. Leased assets (pre-PLC) Total depreciation (pre-PLC) Capital expenditure ratio to owned asset depreciation Restructuring Defined benefit pension contributions - ongoing Bank facilities and bond 3 year term loan: $300 million. €100 million 3 year revolving credit facility: $250 million 3-5 year revolving credit facility³: £300 million $550 million €300 million £130 million bond due to mature in May 2032 Described in the glossary to the 2023 Interim Financial Statements and considered by the Board to be a key measure of performance Includes pension interest, lease interest and unwind of discount on provisions Three year facility that can be extended for two one-year periods at the Company's option H1 2023 £59 million £11 million £70 million 0.7x £53 million £2 million. £m at US$1.27 and €1.16 £236 million £86 million £197 million £300 million £433 million £259 million £130 million £1,641 million 29
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