2 0 2 0 Gr o u p Ov e r v iew 23 Stable net debt despit e signifi ca nt inve st ments in 20 19 ca pex and a cquisitions De c 20 1 8 O pe r a ti n g c as h f l ow Ca pe x A c q ui s i ti o ns Di v i de nd s In teres t a n d o the r De c 20 1 9 216 1 10 63 19 22 8 218 I n m 15x 37 N et de bt E B I T D A N et de bt E q ui t y