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Light appendix slide deriving free cash flow from operating cash flow and capex across 2021, 2022, and 2023.
Summary
A short appendix slide reconciling free cash flow: operating cash flow minus capital expenditures, shown across three fiscal years and leaving the lower half of the slide empty.
Visual description
Warm off-white background. Small blue Dropbox logo top-left with the faint "Financial Highlights" running label. Bold near-black headline "Free Cash Flow reconciliation". A blue centered super-header "TWELVE MONTHS ENDED" spans three blue year columns (2021, 2022, 2023) on a thin blue rule. Only three rows: "Net Cash provided by operating activities", "Capital expenditures" (parenthesized negatives), and a bold "Free cash flow" subtotal underlined by a thin rule, with split dollar-sign columns and right-aligned figures. The entire bottom two-thirds of the slide is intentionally blank apart from a footnote and the faint page number "42".
Key takeaway
The confidence to let a three-row table sit high on the slide and leave the rest empty rather than stretching content to fill it. The few rows plus a single underlined subtotal make the simple arithmetic instantly readable.
Reuse notes
Good for any short derived-metric reconciliation where padding would only add noise. Top-align the table and accept the white space. Matches the other appendix reconciliation slides in this deck for a consistent set; reuse the same header and rule treatment.
From this deck: Free Cash Flow reconciliation, three fiscal years
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