Telia Company Investor Day Presentation Deck
CASH FLOW 2021-2023
OpFCF 2016-2020
IIII|
2016 2017 2018 2019 2020
■EBITDA-CAPEX* NWC contr■ Other
64
*Cash CAPEX excl. licences for spectrum
ADJ EBITDA
CASH CAPEX
OTHER
STRUCTURAL PART OF
CF
WORKING CAPITAL
OP FCF
2020 2021
30.7
-13.5
-8.2
8.9
3.2
12.1
STRATEGY UPDATE
II
=
▶
2022
=
=
▶
2023
=
Increased YoY cash flow contribution
=
= Decreased YoY cash flow contribution
29 JANUARY 20 21
Comment
Service revenue growth and cost
reductions
●
●
●
●
●
Inspire Connect Transform Deliver
CAPEX increase in 2021 from
modernization/5G/transformation
- efficiency gains impact in 2023
Higher restructuring compensated
by pension and lease repayments
Minimum dividend coverage from
2022
2016
2017
2018
2019
2020
2021
2022
Cash flow
contr from wc
2023
Minimum dividend covered all yearsView entire presentation