This shows the increased cash flow profile along the way of the year
This is why, the season-avoid influence ratio out-of 2. Even after bonus payments regarding overall doing 300 mil going back several years, brand new group’s online loans fell by almost 700 billion, which inside a challenging macroeconomic environment with different crisis. And have now, all of our modified EBITDA has , you will find was able to continue our economic power ratio much more or faster steady. This shows it absolutely was and it will enter this new coming all of our top priority to put the company on the a strong long-name monetary basis.
Not just from a net personal debt and also out-of a power position. We are believing that this method will ultimately benefit the shareholders who’ll be involved in increased show of organization’s firm well worth. Having said it, allow me to today come on Web page twelve to our bonus proposal towards the after that Annual General Appointment, that takes place at the end of April this present year. While i just said, maintaining a strong monetary character will stay one of all of our key monetary government objectives. This past year, i presented one as well as the standard economic ecosystem, i paid off version of focus on an appropriate level of net debt and you will financial control whenever deciding distributions in order to investors. And we will also consider the have to invest in the market, including the summary from strategic gains solutions, particularly in the fresh new center enjoyment business.
Against this record, i, the Government Panel, aided by the Supervisory Board, decided to plan to the Annual General Conference once again a bonus from 0.
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