Melrose Results Presentation Deck slide image

Melrose Results Presentation Deck

Melrose key financial numbers: GKN & Nortek both highly cash generative Melrose 4. Strong cash generation since the GKN acquisition from all businesses Total Melrose cash flows since GKN acquisition: Total cash inflow £3.5bn At GKN acquisition (2018) Buy Improve Sell £3.4bn Opening net debt¹ Leverage ¹ c.2.5x £2.5bn Disposals £1.0bn Free cash inflow ¹ £0.7bn Return of Capital £0.4bn Dividends Total paid to shareholders £1.1bn At 30 June 2021 £1.0bn Current proforma net debt¹ Proforma leverage ¹ 1.5x £3.5 billion total cash inflow since GKN acquisition: £1.0 billion of free cash flow¹ from the business post all costs (see next slide) £2.5 billion of disposal proceeds (excluding Nortek Control) Significant debt reduction and shareholder repayment made (see next slide) 1. Described in the glossary to the 2021 Interim Financial Statements, released on 2 September 2021 Total cash inflow Total paid to shareholders Total debt reduction £3.5bn (£1.1bn) £2.4bn 10
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