Examples of Net Financial Expenses in a sentence
Free Cash Flow = (EBITDA - CAPEX - Taxes - Net Financial Expenses* - Minority Interests - Working Capital Variation) * Considers interest paid.
The ratio between EBITDA in the last 12 months and Net Financial Expenses in the same period: The quotient of the division of EBITDA by Net Financial Expenses, both for the last 12 (twelve) months, shall not be less than 1.75 (one point seventy-five).
We have recognised these currency changes in Net Financial Expenses in IFRS but have excluded these from EPRA Earnings.
The covenants concern the following indicators:Total net financial debt, RAB (Regulatory Asset Base), EBITDA, and Net Financial Expenses.
Net Financial Expenses decreased 10.5% to US$ 8.3 million primarily due to lower interest expense on GCC’s senior secured notes and bank debt which were refinanced in June 2017 and June 2018, respectively.