Ashtead Group Results Presentation Deck
NET DEBT
$m
Opening net debt
Change from cash flows
Translation impact
Debt acquired
New lease liabilities
Deferred debt raising cost amortisation
Net debt at period end
Comprising:
First lien senior secured bank debt
Senior notes
Lease obligations
Cash in hand
Net debt to EBITDA leverage¹ (excl. IFRS 16) (x)
Net debt to EBITDA leverage¹ (incl. IFRS 16) (x)
11
Half year results | 31 October 2021
2021
5,801
431
(7)
38
151
15
6,429
1,609
3,070
1,765
(15)
6,429
2020
1.5
1.9
6,764
(824)
48
84
6
6,078
1,664
2,966
1,466
(18)
6,078
1.7
2.1
1 At October 2021 exchange rates
3.0
2.5
2.0
1.5
1.0
2.5
2.1
ած
14,000
12,000
10,000
8,000
6,000
4,000
2,000
Leverage (excluding impact of IFRS 16)
0
2.0
At constant exchange rates (October 2021)
2012 2013 2014 2015 2016
1.9
Fleet cost
1.8
Fleet OLV
1.8
2017
$2.9bn
Net debt
1.8
1.9
2018 2019
1.7
2020
1.5
2021
Ashtead
groupView entire presentation