Reconciliation of Adjusted EBITDA to Consolidated Net Income (Loss)
|
Three months ended
(unaudited) | ||||||
| ($ in millions) | June 30, 2021 | June 30, 2020 | ||||
| Consolidated net income (loss) | $ | 29.7 | $ | (282.9 | ) | |
| Interest expense, net | 14.2 | 36.0 | ||||
| Income taxes | 24.6 | 13.0 | ||||
| Depreciation and amortization (excluding impairment charges) | 44.1 | 40.1 | ||||
| EBITDA | $ | 112.6 | $ | (193.9 | ) | |
| Non-cash adjustments(a) | (1.4 | ) | 257.2 | |||
| Foreign exchange loss(b) | 5.3 | 3.1 | ||||
| Restructuring(c) | (0.6 | ) | 1.7 | |||
| Transaction related costs(d) | 1.5 | 1.6 | ||||
| Management fee(e) | 0.5 | 1.2 | ||||
| COVID-19 adjustment(f) | 0.3 | 1.3 | ||||
| Adjusted EBITDA | $ | 118.1 | $ | 72.3 | ||
| thereof EL Segment Adjusted EBITDA | $ | 84.9 | $ | 62.5 | ||
| thereof GMF Segment Adjusted EBITDA | $ | 33.2 | $ | 9.8 | ||
