Haleon plc(HLN) - 2023 Q3 - Earnings Call Presentation

Adjusting Items include the following: • Transaction related costs: Transaction related accounting or other adjustments related to significant acquisitions including deal costs and other pre-acquisition costs when there is certainty that an acquisition will complete. It also includes costs of registering and issuing debt and equity securities and the effect of inventory revaluations on acquisitions. Free cash flow Free cash flow is calculated as net cash inflow from operating activities plus cash inflows fr ...