Telia Company Results Presentation Deck
OPERATIONAL FREE CASH FLOW
16
●
42086
●
14
12
10
4
2
0
Operational free cash flow development
Reported currency, SEK billion, R12
Q2 19
Minimum dividend level
Q4 19
Q2 20
Q4 20
Q2 21
Operational free cash flow
Strong cashflow R12 driven by working capital contribution
• Cash flow excl working capital R12 still in line with minimum
dividend commitment of SEK 8.2bn
Operational free cash flow YTD of SEK 6.1bn
12.7
Ex NWC contr.
8.2
Q2 20
●
Operational free cash flow bridge
Reported currency, SEK billion
EBITDA
-6.6%
Cash Intr./tax Other NWC
CAPEX
Phasing effects impacting both tax and interest costs
• Other increased due to business transformation and M&A
• Net working capital impacted by vendor financing
Q2 21
2021-2023: The operational free cash flow is expected to cover the minimum dividend commitment throughout the period
From 2022: Operational free cash flow excl change in NWC is expected to cover the minimum dividend commitmentView entire presentation