The Group defines Free cash flow 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 cash flow conversion is free cash flow as a percentage of adjusted EBITDA.
| |
Year to 30 September 2020
€000 |
Year to 30 September 2019
€000
Restated |
| Cash generated from operations |
90,749 |
71,417 |
| Payments to acquire property, plant and equipment |
(7,723) |
(8,556) |
| Payments to acquire intangible assets |
(3,583) |
(1,628) |
| Proceeds from sale of property, plant and equipment |
148 |
21 |
| Free cashflow |
79,591 |
61,254 |
| Adjusted free cash flow conversion |
112.1% |
91.5% |