The table below sets forth a reconciliation of our operating profit to non-GAAP free cash flow for the periods indicated:
|
|
Three months ended | ||||
|
|
March 31, 2016 |
|
December 31, 2015 |
|
March 31, 2015 |
|
|
USD |
|
USD |
|
USD |
|
Operating profit |
16.0 |
|
14.6 |
|
27.0 |
|
Add: Depreciation |
25.2 |
|
24.1 |
|
22.7 |
|
Amortization |
0.0 |
|
0.0 |
|
0.0 |
|
Interest income |
0.4 |
|
0.5 |
|
0.5 |
|
Less: Capital expenditures |
(35.0) |
|
(30.3) |
|
(31.4) |
|
Non-controlling interest |
(4.1) |
|
(3.1) |
|
(9.5) |
|
Interest expense |
(1.0) |
|
(0.9) |
|
(1.0) |
|
Income tax expense |
(3.3) |
|
(9.3) |
|
(4.8) |
|
Dividend |
- |
|
(3.9) |
|
- |
|
Non-GAAP free cash flow |
(1.8) |
|
(8.3) |
|
3.5 |
The table below sets forth a reconciliation of our operating profit to non-GAAP EBITDA for the periods indicated:
|
|
Three months ended, | ||||
|
|
March 31, 2016 |
|
December 31, 2015 |
|
March 31, 2015 |
|
|
USD |
|
USD |
|
USD |
|
Operating profit |
16.0 |
|
14.6 |
|
27.0 |
|
Add: Depreciation |
25.2 |
|
24.1 |
|
22.7 |
|
Amortization |
0.0 |
|
0.0 |
|
0.0 |
|
Non-GAAP EBITDA |
41.2 |
|
38.7 |
|
49.7 |
The table below sets forth a calculation of our non-GAAP net debt to equity ratio for the periods indicated:
