Yellow Corporation Investor Conference Presentation Deck
YRCW Adjusted EBITDA (pro forma for Pension)
($ in thousands)
$100
$80
$60
$40
$20
$0
($20)
($40)
($60)
($80)
($100)
($120)
Adj. EBITDA Reported
Union Pension Cessation Benefit
Pro forma Adj. EBITDA*
Pension Months Included above
Last Twelve Months:
Adj. EBITDA Reported
Union Pension Cessation Benefit
Pro forma Adj. EBITDA*
(58.2)
1Q10
(37.2)
(21.0)
(58.2)
3
(22.3)
15.3
2Q10
40.4
(21.0)
19.4
3
Pro forma Adjusted EBITDA
70.1
3Q10
47.3
(21.0)
26.3
3
19.4
2010
* Pro forma assumes $7M of union pension per month for all periods prior to June 2011
50.5
4Q10
39.9
(21.0)
18.9
3
90.3
(84.0)
6.3
1Q11
2011
(1.3)
(21.0)
(22.3)
3
126.3
(84.0)
42.3
26.3
2Q11
64.5
(14.0)
50.5
2
150.4
(77.0)
73.4
54.6
-78.8
■2012
3Q11
54.6
54.6
157.7
(56.0)
101.7
4Q11
41.3
41.3
159.2
(35.0)
124.2
18.9
41.3
1Q12
15.3
15.3
175.8
(14.0)
161.8
77.0
2Q12
70.1
70.1
181.4
181.4
Highest 4th quarter EBITDA in 3 years and positive comping trend continuing
Reported 52% LTM increase
Pro forma for pension = 1.94x LTM increase
3Q12
78.8
78.8
205.5
205.5
YRC Worldwide
4Q12
77.0
77.0
241.2
+52%
241.2 +1.94x
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