FINANCIAL HIGHLIGHTS

BALANCE SHEET

In US$ millionsFY 2018FY 2019FY 2020
Long-term investments412465448

Working capital510396368

Total Investments922861816

Equity520523610

Gross debt451400284

Cash-49-62-78

Adj Net Debt402338206

Total Capital922861816


INCOME STATEMENT

In US$ millions, unless stated otherwiseFY 2018FY 2019FY 2020
Sales volume (Thousand MT)4,1984,5664,821

Sales revenue2,9472,8173,446

Operating margin123105241

Operating margin: US$ per MT292350

Net profit - reported151287


STATEMENT OF CASH FLOWS

In US$ millionsFY 2018FY 2019FY 2020
Net cash flows from/(used in) operating activities21123161

Net cash flows used in investing activities-82-48-24

Net cash flows (used in)/ from financing activities45-62-121

Net change in cash and cash equivalents-161316

Cash and cash equivalents at beginning of the financial year664962

Effect of changes in exchange rate on cash and cash equivalents-100

Cash and cash equivalents at end of the financial year496278


FINANCIAL RATIOS

FY 2018FY 2019FY 2020
Earnings per share (US cents)0.990.785.77

Net asset value per share (US cents)34.6234.8040.73

Debt: equity0.870.770.47

Net debt: equity0.770.650.34