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Free Cash Flow

The Group defines free cashflow as cash generated from operating activities (excluding income tax paid), plus the proceeds
from the sale of property, plant and equipment and proceeds from the disposal of intangible assets less cash used for the
acquisition of property, plant or equipment and for the acquisition of intangible assets. Adjusted free cashflow conversion is
free cashflow as a percentage of Adjusted EBITDA.

  9 months to 30 September 2018
Year to 31 December 2017
Cash generated from operations 51,394 53,619
Payments to acquire property, plant and equipment (2,449) (3,710)
Payments to acquire intangible assets (1,075) (1,376)
Proceeds from sale of property, plant and equipment 33 98
Free cashflow 47,903 48,631
Adjusted free cash flow conversion 133.6% 86.3%