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Given the following information about XYZ Company Calculate the free cash flow in 2020? Year 2019 Year 2020 Revenue 3,800 4,500 Cost of sales -2,000
Given the following information about XYZ Company
Calculate the free cash flow in 2020?
Year 2019 | Year 2020 | |
Revenue | 3,800 | 4,500 |
Cost of sales | -2,000 | -2,200 |
Gross profit | 1,800 | 2,300 |
Selling expenses | -175 | -200 |
Admin expenses | -365 | -440 |
Depreciation and Amortisation | -660 | -700 |
Profit before Interest and Tax | 600 | 960 |
Interest expense | -20 | -40 |
Profit before Tax | 580 | 920 |
Tax expense | -145 | -230 |
Net Income/Profit After Tax | 435 | 690 |
Capex | 400 | 500 |
Operating working capital | 500 | 570 |
Taxation rate | 25% | 25% |
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