Company Y
Key Financials
For the Fiscal Period Ending	12 months Dec-31-2020A	12 months Dec-31-2021E	12 months Dec-31-2022E	12 months Dec-31-2023E	12 months Dec-31-2024E	12 months Dec-31-2025E
Total Revenue	27,235.0	28,787.4	30,082.83	31,346.31	32,662.85	33,642.74
Growth Over Prior Year	5.1%	5.70%	4.50%	4.20%	4.20%	3.00%
EBITDA	3,231.0	2,734.8	2,857.87	2,977.9	3,102.97	3,196.06
Margin %	9.5%	9.50%	9.50%	9.50%	9.50%	9.50%
Capital expenditures	(1,056.0)	(1,056.0)	(1,103.52)	(1,149.87)	(1,198.16)	(1,234.11)
Increase in working capital	20.0	(56.0)	(58.52)	(60.98)	(63.54)	(65.45)
Free cash flow			1,095.68	1,141.69
Tax			600.15	625.36
EBITDA after tax			2,257.72	2,352.54
If the tax rate is 21%, estimate the company's free cash flows for 2022 and 2023.