Croissance des Free Cash Flows

Free Cash Flow (a)

+39%

(a) Free Cash Flow = ATCF – investissements de maintenance, de renouvellement et investissements généraux

ATCF 263 215

Investissements généraux (29) (43)

Maintenance (25) (23)

Renouvellement (24) (16)

Free Cash Flow 185 133

Investissementsde croissance 174 162

2001

2000

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