Alternative Performance Measures
Investors
|
Adjusted EBITDA |
|
|
|
|
|
|
(in millions ($)) |
|
2024 |
2023 |
2022 |
Ref |
|
|
|
|
|
|
|
|
Operating income (loss) |
|
142 |
(98) |
(169) |
[1] |
|
Add back: |
|
333 |
386 |
369 |
|
|
Depreciation and amortization |
|
253 |
293 |
265 |
[2] |
|
Wind down landlord contributions |
|
80 |
93 |
104 |
[3] |
|
|
|
|
|
|
|
|
Adjusting items: |
|
26 |
175 |
51 |
|
|
|
|
|
|
|
|
|
Impairment |
|
83 |
143 |
84 |
[4] |
|
Closure (credits) costs |
|
(57) |
32 |
(33) |
[5] |
|
|
|
|
|
|
|
|
Adjusted EBITDA |
|
501 |
463 |
251 |
|
|
Net Debt |
|
|
|
|
|
(in millions ($)) |
|
2024 |
2023 |
Ref |
|
Cash and cash equivalents |
|
(137) |
(130) |
[6] |
|
Short-term debt, net |
|
212 |
17 |
[6] |
|
Long-term debt, net |
|
633 |
921 |
[6] |
|
Cash flow hedge liabilities |
|
21 |
- |
[7] |
|
Net Debt |
|
729 |
808 |
|
