FINANCIAL HIGHLIGHTS  

BALANCE SHEET

In US$ millionsFY 2021FY 2022FY 2023H1 2024
Long-term investments449447491483
Working capital493766555600
Total Investments9421,2131,0461,083
Equity684775786790
Gross debt430541392437
Cash-1720-132-144
Adj Net Debt258438260293
Total Capital9421,2131,0461,083

INCOME STATEMENT

In US$ millions, unless stated otherwiseFY 2021FY 2022FY 2023H1 2024
Sales volume (Thousand MT)4,1204,2934,3352,065
Sales revenue4,3495,4294,1241,910
Operating margin22530120199
Operating margin: US$ per MT55704648
Net profit - reported801144119

STATEMENT OF CASH FLOWS

In US$ millionsFY 2021FY 2022FY 2023H1 2024
Net cash flows from/(used in) operating activities-10-1062622
Net cash flows used in investing activities-38-66-73-29
Net cash flows (used in)/ from financing activities142111-15743
Net change in cash and cash equivalents94-613216
Cash and cash equivalents at beginning of the financial year78172102132
Effect of changes in exchange rate on cash and cash equivalents0-8-3-4
Cash and cash equivalents at end of the financial year172103132144

FINANCIAL RATIOS

FY 2021FY 2022FY 2023H1 2024
Earnings per share (US cents)5.347.572.701.24
Net asset value per share (US cents)45.0951.3052.2352.63
Debt: equity0.630.700.500.55
Net debt: equity0.380.570.330.37