Yellow Corporation Investor Conference Presentation Deck
Conclusion - FYE 2012 Financial Results
On a year-over-year basis
First positive annual operating income in six years
Revenue¹ on an as-reported basis was flat and on a pro forma basis increased 1.7%
Highest Adjusted EBITDA in six years with covenant cushions between $70M and $80M
and reported highest 4th quarter EBITDA in three years
Funded debt to EBITDA decreased almost 3.0x full turns from 8.5x to 5.7x
YRC Worldwide
Liquidity ended 4Q12 at $251.3M which was $26M lower than year-end liquidity in 2011 but a $13.8M
increase from 3Q12 and a 2012 high
New management team executing on non-quantitative commitments AND exceeding forecast
Overall, much progress has been achieved year over year; have been able to absorb resumption of
both multi-employer pension expense and cash interest and LC expense but still more to do
Footnote
1) On a pro forma basis excluding Glen Moore revenue of $98.9 million from 2011
22View entire presentation