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
Nine month results ¦ 31 January 2022
2022
5,801
774
(31)
81
253
16
6,894
1,981
3,071
1,876
(34)
6,894
2021
6,764
(1,146)
103
1.5
2.0
140
9
5,870
1,409
2,968
1,513
5,870
1.6
2.0
1 At January 2022 exchange rates
(20)
3.0
2.5
2.0
1.5
1.0
2.6
2.2
$m
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 (January 2022)
2012 2013 2014 2015 2016
2.0
1.9
Fleet cost
Fleet OLV
1.7
2017
1.6
2018
$2.7bn
Net debt
1.8
2019
1.9
2020
1.6
2021
1.5
2022
Ashtead
groupView entire presentation