4 YEAR OPERATIONAL AND FINANCIAL HISTORY
| Year ended 30 June |
2009 |
2008 |
2007 |
2006 |
| OPERATIONS* (Tonnes) |
| Run of mine coal production |
809,259 |
917,622 |
799,196 |
741,144 |
| Saleable coal production |
| Prime low ash |
565,377 |
607,024 |
518,751 |
433,791 |
| Middlings |
140,971 |
128,193 |
142,466 |
126,996 |
| Total |
706,348 |
735,217 |
661,217 |
560,787 |
| Coal Sales |
| Prime low ash |
505,831 |
551,904 |
531,241 |
463,076 |
| Middlings |
56,965 |
118,432 |
254,754 |
39,627 |
| Total |
562,796 |
670,336 |
785,995 |
502,703 |
| Yield (%) |
83.9% |
80.3% |
79.6% |
78.1% |
| Number of employees |
790 |
854 |
817 |
756 |
| * 100%, Riversdale Share 74% |
| Year ended 30 June |
2009 |
2008 |
2007 |
2006 |
| $’ 000 |
$’ 000 |
$’ 000 |
$’ 000 |
| INCOME STATEMENT |
| Revenue |
67,784 |
69,825 |
72,020 |
34,834 |
| Cost of sales |
(48,590) |
(53,618) |
(58,048) |
(27,856) |
| Gross profit |
19,194 |
16,207 |
13,972 |
6,978 |
| Other income |
20,233 |
16,053 |
3,255 |
1,848 |
| Negative goodwill |
- |
- |
- |
33,998 |
| Net gain on part disposal of investment |
- |
83,266 |
- |
- |
| Administration expenses |
(9,235) |
(5,623) |
(3,751) |
(2,651) |
| Other expenses |
(20,450) |
(12,805) |
(2,373) |
(4,590) |
| Finance costs |
- |
(264) |
(1,101) |
(906) |
| Profit before income tax |
9,742 |
96,834 |
10,002 |
34,677 |
| Income tax expense |
(7,023) |
(2,975) |
(3,009) |
(183) |
| Profit after income tax |
2,719 |
93,859 |
6,993 |
34,494 |
| Attributable to members of the parent |
300 |
92,355 |
5,017 |
25,292 |
| Basic earnings per share (Cents per Share) |
0.16 |
54.51 |
3.64 |
31.73 |
| Diluted earnings per share (Cents per Share) |
0.15 |
49.76 |
3.52 |
29.81 |
| Year ended 30 June |
2009 |
2008 |
2007 |
2006 |
| $’ 000 |
$’ 000 |
$’ 000 |
$’ 000 |
| CASH FLOWS |
| Net cash from operating activities |
19,295 |
16,537 |
18,183 |
2,337 |
| Net cash (used in) / provided by investing activities |
(79,425) |
49,153 |
(18,695) |
(16,854) |
| Net cash (used in) / provided by financing activities |
3,025 |
233,589 |
(2,910) |
64,419 |
4 YEAR OPERATIONAL AND FINANCIAL HISTORY
|
|
|
|
|
| At 30 June |
2009 |
2008 |
2007 |
2006 |
| $’ 000 |
$’ 000 |
$’ 000 |
$’ 000 |
| BALANCE SHEET |
| Cash and cash equivalents |
290,279 |
347,828 |
49,049 |
53,271 |
| Trade and other receivables |
14,049 |
11,530 |
9,535 |
7,614 |
| Inventories |
26,200 |
11,256 |
10,846 |
14,028 |
| Total current assets |
330,528 |
370,614 |
69,430 |
74,913 |
| Receivables and other financial assets |
5,547 |
3,542 |
7,063 |
7,586 |
| Deferred tax assets |
7,811 |
6,649 |
6,293 |
7,557 |
| Property, plant and equipment |
89,065 |
37,126 |
46,764 |
48,132 |
| Exploration and evaluation expenditure |
134,884 |
101,026 |
43,152 |
2,693 |
| Total non-current assets |
237,307 |
148,343 |
103,272 |
65,968 |
| Total assets |
567,835 |
518,957 |
172,702 |
140,881 |
| Trade and other payables |
25,492 |
13,063 |
12,579 |
9,866 |
| Income tax payable / (receivable) |
(229) |
1,686 |
1,767 |
- |
| Borrowings |
103 |
85 |
4,838 |
4,586 |
| Provisions |
2,374 |
1,311 |
1,510 |
1,503 |
| Total current liabilities |
27,740 |
16,145 |
20,694 |
15,955 |
| Borrowings |
- |
- |
229 |
5,563 |
| Provisions |
17,005 |
8,351 |
9,219 |
10,982 |
| Deferred tax liabilities |
16,378 |
10,281 |
12,864 |
13,916 |
| Total non-current liabilities |
33,383 |
18,632 |
22,312 |
30,461 |
| Total liabilities |
61,123 |
34,777 |
43,006 |
46,416 |
| Net assets |
506,712 |
484,180 |
129,696 |
94,465 |
| Equity |
| Contributed equity |
387,564 |
383,495 |
104,538 |
82,922 |
| Retained earnings |
102,839 |
102,539 |
10,184 |
5,167 |
| Reserves |
238 |
(15,506) |
2,826 |
(3,796) |
| Equity attributable holders of the parent |
490,641 |
470,528 |
117,548 |
84,293 |
| Minority interest |
16,071 |
13,652 |
12,148 |
10,172 |
| Total equity |
506,712 |
484,180 |
129,696 |
94,465 |
| Ordinary shares (Number’ 000) |
189,524 |
187,219 |
143,852 |
128,802 |
| Options over ordinary shares (Number’ 000) |
17,573 |
15,553 |
23,725 |
8,825 |
|
