{ "docId": "019de516-2c07-7439-a6ef-b8d37de0c9b3", "docSlug": "fbac66b14745b62285ca710fc2cae574", "documentTitle": "Liberty Global | Results Presentation Deck | 36 slides", "authorId": "liberty-global", "authorName": "Liberty Global", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "investor_relations", "sourceTypeLabel": "Investor relations", "presentationDate": "2023-07-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 36, "pageCount": 36, "prevPage": 35, "nextPage": null, "slideType": "revenue_buildup", "function": "decompose_segments", "density": "overcrowded", "nDataPoints": 9, "notes": null, "elementsJson": null, "metadataConfidence": 0.9, "imagePath": null, "slideHref": "/slides/019de516-2c07-7439-a6ef-b8d37de0c9b3/36", "deckHref": "/decks/019de516-2c07-7439-a6ef-b8d37de0c9b3", "deckJsonHref": "/decks/019de516-2c07-7439-a6ef-b8d37de0c9b3.json", "deckAnchorHref": "/decks/019de516-2c07-7439-a6ef-b8d37de0c9b3#slide-36", "components": [ { "bbox": { "h": 0.013, "w": 0.46, "x": 0.079, "y": 0.448 }, "kind": "paragraph", "text": "A reconciliation of VMO2 JV FCF for the indicated period is provided below.", "attrs": {}, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "b8280686-809c-4e5d-a97f-520a7c7d225f", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.24, "w": 0.84, "x": 0.079, "y": 0.183 }, "kind": "paragraph", "text": "VMO2 JV Adjusted FCF is defined as net cash provided by operating activities, plus operating-related vendor financed expenses (which represents an increase in the period to actual cash available as a result of extending vendor payment terms beyond normal payment terms, which are typically 90 days or less, through non-cash financing activities), less (i) cash payments in the period for capital expenditures, (ii) principal payments on operating- and capital-related amounts financed by vendors and intermediaries (which represents a decrease in the period to actual cash available as a result of paying amounts to vendors and intermediaries where terms had previously been extended beyond the normal payment terms) and (iii) principal payments on finance leases (which represents a decrease in the period to actual cash available). We believe that the presentation of VMO2 Adjusted Free Cash Flow provides useful information to our investors because this measure can be used to gauge VMO2's ability to service debt, distribute cash to parent entities and fund new investment opportunities after consideration of all actual cash payments related to working capital activities and expenses that are capital in nature whether paid inside normal vendor payment terms or paid later outside normal vendor payment terms (in which case amounts are typically paid in less than 365 days). VMO2 JV FCF, which is a non-GAAP measure, should not be understood to represent VMO2's ability to fund discretionary amounts, as it has various mandatory and contractual obligations, including debt repayments, that are not deducted to arrive at this amount. Investors should view adjusted free cash flow as a supplement to, and not a substitute for, GAAP measures. For purposes of its standalone reporting obligations, VMO2 prepares its consolidated financial statements in accordance with IFRS.", "attrs": {}, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "c4682e16-b2c4-4d92-a921-95b374da506c", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.013, "w": 0.49, "x": 0.216, "y": 0.94 }, "kind": "source-note", "text": "(1) Adjusted FCF IFRS/US GAAP differences relate to the JV's investment in CTIL.", "attrs": {}, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "1c58fac4-0bdb-4c07-a9cd-1167d9e1c716", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.273, "w": 0.05, "x": 0.68, "y": 0.62 }, "kind": "table", "text": "1,242.2\n(525.4)\n1,714.7\n(1,908.9)\n(893.8)\n(8.4)\n(379.6)\n21.0\n(358.6)", "attrs": {}, "subkind": "data", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "0d3b250b-4b3a-4385-a16b-8b9b78689938", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.32, "w": 0.401, "x": 0.216, "y": 0.573 }, "kind": "table", "text": "Adjusted Free Cash Flow:\nUS GAAP:\nNet cash used by operating activities..\nCash capital expenditures, net...\nOperating-related vendor financing additions.\nPrincipal payments on operating-related vendor financing.\nPrincipal payments on capital-related vendor financing..\nPrincipal payments on finance leases.\nUS GAAP Adjusted FCF.\nIFRS:\nIFRS/US GAAP Adjustments (1).\nIFRS Adjusted FCF.", "attrs": {}, "subkind": "data", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "3c6f4ed4-015e-4c7d-a366-3f53edab737b", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.039, "w": 0.109, "x": 0.614, "y": 0.495 }, "kind": "table", "text": "Adjusted Free Cash Flow:\nUS GAAP:\nNet cash used by operating 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"attrs": {}, "subkind": "data", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "50db9550-18a5-46b4-80fb-f76a4d48c5f7", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.03, "w": 0.78, "x": 0.039, "y": 0.049 }, "kind": "title", "text": "VMO2 JV RECONCILIATIONS – ADJUSTED FCF", "attrs": {}, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "1e2cc348-7949-4881-8d97-64f8df7bc9c2", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.017, "w": 0.59, "x": 0.076, "y": 0.12 }, "kind": "title", "text": "VMO2 JV ADJUSTED FREE CASH FLOW (VMO2JV ADJ FCF)", "attrs": {}, "subkind": "subtitle", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "c876114c-9732-4080-ae7d-a6205ddceb70", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [], "frameworks": [], "arcBeats": [], "loops": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }