Plastic Omnium - 2018 Registration Document

1 PRESENTATION OF PLASTIC OMNIUM AND ITS BUSINESSES 2018 Key figures PLASTIC OMNIUM 2018 REGISTRATION DOCUMENT 23 CAPITAL EXPENDITURES AND PROJECTS In millions of euros and as % of consolidated revenue 2017 2018 448 562 7.8 % 7.0 % FREE CASH-FLOW In millions of euros and as % of consolidated revenue 2017 2018 176 218 3.0 % 2.7 % NET DEBT/SHAREHOLDERS’ EQUITY In millions of euros and net debt/shareholders’ Equity as % 2018 698 2,188 Shareholders’ equity 32 % 2017 571 1,761 32 % Netdebt NET DEBT/EBITDA In millions of euros and net debt/EBITDA ratio 2018 698 918 EBITDA 0.8 2017 571 892 0.6 Netdebt Capital expenditure and projects refer to acquisitions of property, plant ● and equipment and intangible assets, net of disposals, the net change in advances to suppliers of fixed assets and investment subsidies received (see Cash-flow Statement in Section 4.7, line E of Part II and Note I.5 to the consolidated financial statements, line E: “Net cash used in operations”). Free cash-flow corresponds to the operatingcash-flow, less tangible ● and intangible investments net of disposals, taxes and net interest paid +/– variation of the working capital requirements (cash surplus from operations). Net debt includes all long-term borrowings, short-term loans and bank ● overdrafts less loans, marketable debt instruments and other non-current financial assets, and cash and cash equivalents. Shareholders’ equity includes operating grants. ● EBITDA corresponds to the operating margin plus the share of profit of ● associates and joint ventures before depreciation and operating provisions.