| Line item | FY13 | FY14 | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 77 | 77 | 77 | 77 | 77 | 77 | 77 | 77 |
| Reserves | -62 | -70 | -293 | -353 | -413 | -514 | -535 | -556 |
| Borrowings | 543 | 546 | 554 | 524 | 525 | 524 | 524 | 524 |
| Other Liabilities | 25 | 27 | 22 | 69 | 117 | 154 | 163 | 198 |
| Total Liabilities | 582 | 578 | 359 | 317 | 305 | 240 | 228 | 242 |
| AssetsFixed Assets | 278 | 235 | 219 | 204 | 189 | 170 | 151 | 143 |
| CWIP | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Investments | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 |
| Other Assets | 295 | 334 | 131 | 103 | 107 | 61 | 68 | 90 |
| Total Assets | 582 | 578 | 359 | 317 | 305 | 240 | 228 | 242 |
| Line item | FY12 | FY13 | FY14 | FY15 | FY16 | FY17 | FY18 | FY19 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -51 | -120 | -10 | -9 | 30 | -2 | 0 | 0 |
| Cash from Investing | -1 | 0 | 10 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing | 51 | 121 | 2 | 8 | -30 | 1 | -1 | 0 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | -52 | -120 | 0 | -9 | 30 | -2 | 0 | 0 |
| FCF Margin | — | — | — | — | — | — | — | — |
For capital-heavy businesses (telecom, power, heavy manufacturing) reported profit ignores the cash needed just to stand still. We'd systematically overvalue it, so we don't show a number.
JAYTEX · CAPITAL_INTENSIVE
Guides on how to read this kind of business and the numbers that matter.