RECONCILIATIONS OF NON-GAAP MEASURES TO THE NEAREST COMPARABLE GAAP MEASURES

(Figures in Millions of U.S. dollars (USD)) 

The table below sets forth a reconciliation of our operating profit to non-GAAP free cash flow for the periods indicated:

Three months ended

Jun. 30, 2017

Mar. 31, 2017

Jun. 30, 2016

USD

USD

USD

Operating profit

14.8

34.7

14.1

Add: Depreciation

23.3

21.9

26.4

         Amortization

-

-

-

         Interest income

0.5

0.3

0.4

Less: Capital expenditures

(45.9)

(37.3)

(10.8)

         Predecessors' interests
           under common control

-

-

8.9

         Interest expense

(1.9)

(1.5)

(1.1)

         Income tax expense

(2.3)

(4.0)

(10.6)

         Dividend

-

-

-

Non-GAAP free cash flow

(11.5)

14.1

27.3

The table below sets forth a reconciliation of our operating profit to non-GAAP EBITDA for the periods indicated:

Three months ended

Jun. 30, 2017

Mar. 31, 2017

Jun. 30, 2016

USD

USD

USD

Operating profit

14.8

34.7

14.1

Add: Depreciation

23.3

21.9

26.4

         Amortization

-

-

-

Non-GAAP EBITDA

38.1

56.6

40.5