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  "docSlug": "236bf23710bfd9fc3628c878ff7d4954",
  "documentTitle": "BAT | Results Presentation Deck | 40 slides",
  "authorId": "bat",
  "authorName": "British American Tobacco",
  "documentKindSlug": "conference-presentation",
  "documentKindLabel": "Conference presentation",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2020-02-01 00:00:00",
  "orientation": "landscape",
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  "pageNumber": 33,
  "pageCount": 40,
  "prevPage": 32,
  "nextPage": 34,
  "slideType": "valuation_reveal",
  "function": "show_valuation_bridge",
  "density": "balanced",
  "nDataPoints": 14,
  "notes": "The chart uses a waterfall bridge to explain the movement in net debt, including a secondary row of leverage ratios (Net Debt/EBITDA) at the top.",
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  "slideHref": "/slides/019de50f-8a9d-766a-906e-e851d7a0d231/33",
  "deckHref": "/decks/019de50f-8a9d-766a-906e-e851d7a0d231",
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      "kind": "chart",
      "text": "Waterfall chart showing movement from 43.4 (2018) to 41.7 (2019) via cash flow, IFRS16, and FX.",
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      "kind": "metric",
      "text": "4.0x, -0.4x, 3.6x, -0.1x, 3.5x",
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      "kind": "source-note",
      "text": "USD rates Closing: 1.2736 to 1.32475",
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      "kind": "title",
      "text": "Strong cash generation driving de-leveraging",
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      "arcName": "Monroe's Motivated Sequence",
      "arcSlug": "monroes-sequence",
      "beatName": "Action",
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      "evidence": "The deck outlines BAT's plans for future growth and investment",
      "position": 3,
      "confidence": 0.8,
      "parentBeatName": "Resolution",
      "parentBeatSlug": "resolution"
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      "position": 0,
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      "structure": "The Old Way (Pain) -> The Moment of Change -> The New Way (Glory) -> The Measurable Delta",
      "confidence": 0.7,
      "description": "Show the dramatic contrast between the old way and the new way through side-by-side comparison"
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      "evidence": "The deck presents various KPIs and financial metrics to demonstrate BAT's progress",
      "position": 1,
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      "structure": "The Full List -> Quick Wins (Low effort, High impact) -> Big Bets (High effort, High impact) -> Sequenced Roadmap",
      "confidence": 0.6,
      "description": "Separate initiatives into immediate wins and longer-term strategic bets"
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