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Add to that higher-than-anticipated product liability and warranty spend and our EBITDA margins came in below our expectations as well as below 2022. These issues, coupled with elevated operational costs I mentioned earlier, as well as the impact of product liability claims, drove lower-than-expected margins.
But to affirm what we outlined in our last November call and since, if we were to contract the balance of our open position at the same average pricing secured under these recent contracts, that could enable CWEN CAFD per share growth at the low end of 5% to 8% into 2027 without a need for additional capitalinvestment.
Copler has had more than 20 years of mine life since 2015, which is testament to our continued success replacing depletion and still expanding the resource base. At our flagship Copler mine, we delivered first production from the Cakmaktepe Extension project just six years from discovery and for less than $70 million in capital.
United Nations (UN) processes which led to the Paris Agreement on climate change in 2015 and the Kunming-Montreal Global Biodiversity Framework in December 2022 (5) clearly see business as both part of the problem and the solution. The British Academy study is not unique in citing the negative role of business in causing ecological damage.
The charge represented an increase to the existing provision to now reflect the value of the total liability. Capital expenditures were $53 million. We remain committed to achieving investment grade metrics and we are confident that our current financial plan can achieve that. We have chosen to take a different path.
I will say we're somewhat disappointed with the process in New York, but we've been there since, I think, 2015 or '16. We do have plans for some additional growth capitalinvestment in Las Vegas mainly, which would increase that growth rate. We will remain patient, and we will remain focused. Now, that's organic growth.
The other point I would make is, you know, as I said in my prepared remarks, we are seeing capitalinvestment cut in half in '24, and we will continue to see EBITDA -- adjusted EBITDA outpace net income and EPS as we get through the depreciation that -- from the capitalinvestment we've already made in the past years hit our P&L.
Regarding the use of cash during the quarter, we spent $57 million on capitalinvestments, which was in line with expectations and consistent with our plans to invest between $210 million and $220 million for the full year. At the end of the quarter, Cedar Fair's net debt totaled $2.4 So we want to push that out.
When I joined Chemours as part of the spin-out in 2015, I was excited to join a new company with really good roots. This increase in capex was driven by increased growth capitalinvestments in our performance solutions portfolio in APM. These were based on our leading technologies and our superior manufacturing.
Originally set in 2015 as long-term aspirational goals, we're now just a little over two years away from the end of fiscal year 2025. Historically, our business model has been asset-light, which has typically required low levels of capitalinvestment roughly between 1% and 2% of sales. The Motley Fool has a disclosure policy.
Bcf a day or a very small incremental capitalinvestment. The only exceptions being in 2015 with a price downturn in 2020 with a pandemic. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability. as a result of great teamwork with our partner, ADNOC.
In 2015, when Bottling Investments Group was more than 50% of our net revenue, our return on investedcapital was approximately 17%. Today, Bottling Investments Group makes up less than 20% of net revenue, and our return on investedcapital is over 23%, nearly a 7-point increase. calls on Coca-Cola.
In 2022, EAF accounted for approximately half of global steel production outside of China, which increased from 44% in 2015. And we believe that this is the most capital efficient way to add capacity in the Western world. And our Seadrift facility is set up in such a way that is a relatively modest capitalinvestment.
On the capital allocation front, during the quarter, legacy Cedar Fair spent $61 million on capex, bringing total investment through the first half of the year to 118 million. For the full year 2024, we expect capitalinvestments in the legacy Cedar Fair parks will be 200 million to 220 million.
On the capital allocation front, during the quarter, legacy Cedar Fair spent $61 million on capex, bringing total investment through the first half of the year to 118 million. For the full year 2024, we expect capitalinvestments in the legacy Cedar Fair parks will be 200 million to 220 million.
billion in capitalinvestments. Driven by our underlying cash flow generation, we have flexibility to invest in our business and return capital to share owners. A significant portion of our expected capitalinvestment is to build capacity for fairlife and to continue to invest in our system in India and Africa.
This represents an all-in reserve replacement ratio of 230% for 2024 and an organic reserve replacement ratio of 112%, extending our over 20-year track record of replacing reserves year after year with the exceptions of the downturn in 2015 and the pandemic in 2020. We announced an adjusted profit of $0.80 per diluted share.
The impact of the lower volumes I just discussed in Appalachia and an $11 million noncash deferred purchase price adjustment related to the 2015 acquisition of the Hamilton Mine in the Illinois Basin were the primary drivers of the increase. million of noncash accruals for certain long-term liabilities, and a $31.1
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