Increased Free Cash Flow Generation

Free Cash Flow (a)

+39%

(a) Free Cash Flow = ATCF – Maintenance, Renewal and General Capex

ATCF 263 215

General Capex (29) (43)

Maintenance (25) (23)

Renewal (24) (16)

Free Cash Flow 185 133

Growth Capex 174 162

2001

2000

(e million)

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