Unaudited Reconciliation of Net Income to Non-IFRS EBITDA | ||||||||||||
Three Months Ended | ||||||||||||
(in millions USD) | March 31, 2024 | December 31, 2023 | March 31, 2023 | |||||||||
Net income for the period | $ | 134 | $ | 278 | $ | 254 | ||||||
Depreciation and amortization | 392 | $ | 402 | 343 | ||||||||
Finance expense | 37 | $ | 35 | 31 | ||||||||
Finance income | (47 | ) | $ | (43 | ) | (32 | ) | |||||
Income tax expense (benefit) | 21 | $ | 21 | 23 | ||||||||
Share-based compensation | 40 | $ | 50 | 31 | ||||||||
Restructuring charges | — | $ | 30 | 5 | ||||||||
Non-IFRS EBITDA (1) (2) | $ | 577 | $ | 773 | $ | 655 | ||||||
Non-IFRS EBITDA margin (1) (2) | 37.2 | % | 41.7 | % | 35.6 | % |
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