Yellow — Q4 2020 Earnings Presentation

9 slides from Yellow's earnings presentation, Feb 4, 2021

Slide 1: Yellow Corporation Fourth Quarter 2020 Earnings Conference Call
1 Yellow Corporation Fourth Quarter 2020 Earnings Conference Call
Slide 2: Financial Results
Financial Results Revenue Operating Income (in millions) (in millions) $143 $4371 $4514 | = 2020 2018 2019 2020
Slide 3: Financial Results
Financial Results Cash and Cash Equivalents and Managed Accessibility (in millions) $440 $204 2018
Slide 4: Operating Statistics – Fourth Quarter
4 Operating Statistics – Fourth Quarter (a) Percent change based on unrounded figures and not the rounded figures presented
Slide 5: Operating Statistics – Year End
5 Operating Statistics – Year End (a) Percent change based on unrounded figures and not the rounded figures presented
Slide 6: Capital Structure Overview
6 Capital Structure Overview Term Loan Lease Financing Obligations CDA Notes UST Tranche A UST Tranche B Tranche A of $300M covers short-term contractual obligations and certain other obligations including pension and healthcare payments and will carry a variable interest rate, currently determined
Slide 7: Capital Structure and Labor Timeline
7 Capital Structure and Labor Timeline Largest debt instruments and the current labor agreement mature at various dates in 2024 IBT March ABL Facility Jan. Term Loan June CDA Notes December UST Loan Sept.
Slide 8: LTM Adjusted EBITDA Covenant
8 LTM Adjusted EBITDA Covenant (in millions)
Slide 9: Adjusted EBITDA Reconciliation
9 Adjusted EBITDA Reconciliation