Exhibit 99.2
Supplemental Reconciliation of Non-GAAP Financial Information
AVINTIV Inc.
Twelve Months Ended March 31, 2015 (in millions) | ||||
(Unaudited) | ||||
Operating income | $ | 45 | ||
Add: depreciation and amortization | 118 | |||
Add: restructuring and impairment | 18 | |||
Add: business optimization and other expense (1) | 63 | |||
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Operating EBITDA | $ | 244 | ||
Add: pro forma acquisitions by AVINTIV | 25 | |||
Add: unrealized cost savings | 34 | |||
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Pro forma Adjusted EBITDA of AVINTIV | $ | 303 |
(1) Business optimization and other expense includes $37 million of acquisition costs related to AVINTIV’s acquisitions of Providencia and Fiberweb, $6 million of management fees, $4 million from purchase accounting adjustments, and $16 million of other business integration costs.