| ← Back to Cover | |||||||||
| DEPRECIATION & AMORTIZATION SCHEDULE | |||||||||
| PP&E roll-forward with capex and depreciation | |||||||||
| Historical | Projected | ||||||||
| ($mm) | FY2023 | FY2024 | FY2025 | FY2026 | FY2027 | FY2028 | FY2029 | FY2030 | |
| DEPRECIATION & AMORTIZATION | |||||||||
| Depreciation & Amortization | 18 | 19 | 20 | 22 | 23 | 24 | 25 | 26 | |
| D&A (% of Revenue) | 4.0% | 4.0% | 4.0% | 4.0% | 3.9% | 3.8% | 3.7% | 3.6% | |
| CAPITAL EXPENDITURES | |||||||||
| Capital Expenditures | 22 | 24 | 26 | 28 | 29 | 30 | 31 | 32 | |
| Capex (% of Revenue) | 5.0% | 5.0% | 5.0% | 5.0% | 4.8% | 4.6% | 4.5% | 4.4% | |
| NET PP&E ROLL-FORWARD | |||||||||
| Beginning Net PP&E | 180 | 184 | 189 | 194 | 200 | 205 | 210 | 216 | |
| (+) Capital Expenditures | 22 | 24 | 26 | 28 | 29 | 30 | 31 | 32 | |
| (-) Depreciation & Amortization | (18) | (19) | (20) | (22) | (23) | (24) | (25) | (26) | |
| Ending Net PP&E | 184 | 189 | 194 | 200 | 205 | 210 | 216 | 222 | |
| Net Capex (Capex - D&A) | 4 | 5 | 5 | 6 | 5 | 5 | 6 | 6 | |
| Notes: | |||||||||
| - D&A and Capex driven by % of Revenue assumptions | |||||||||
| - Beginning PP&E for FY2023 is a hardcoded assumption (blue text) | |||||||||
| - Ending PP&E flows to the Balance Sheet as a non-current asset | |||||||||