Table:
0
A
B
C
D
E
1
Adjusted EBITDA
Free cash flow (pre-spectrum)
2
2019 €m
2018 €m
Growth
2019 €m
3
Reported (IAS 18 basis)
14,139
14,737
(4.1)%
5,443
4
Other activity (including M&A)
(95)
(341)
–
5
Foreign exchange
–
(288)
–
6
Handset financing and settlements
(198)
(674)
–
7
Guidance basis
13,846
13,434
3.1%
5,443

Questions and formulas:
Question: What is the 2019 average adjusted EBITDA, guidance basis?
Formula: (B7+C7)/2
Formula2: (B7+C7)/2
Level: Calculation