CE1 0.00% 0.9¢ calima energy limited

Ann: Calima Drilling Update for Q2/Q3 2022, page-45

  1. 1,579 Posts.
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    sham
    'adjusted' just means removal of any one-offs or strange things
    adjusted to exclude certain non-cash, extraordinary and non-recurring items

    which there is little if nothing, so wont be too far from eoy ebitda

    from ce1
    Adjusted EBITDA is calculated as net income (loss) before interest and financing expenses, income taxes, depletion, depreciation
    and amortisation, and adjusted to exclude certain non-cash, extraordinary and non-recurring items primarily relating to bargain
    purchase gains, gains and losses on financial instruments, transaction and advisory costs and impairment losses
    . Calima utilises
    adjusted EBITDA as a measure of operational performance and cash flow generating capability. Adjusted EBITDA impacts the level
    and extent of funding for capital projects investments or returning capital to shareholders.
 
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