Financial Results for the Year to 30 June 2014 – Presentation

29 August 2014

Financial Results for the Year Ended 30 June 2014

Financial Highlights

  • Underlying EBITDA* of $66.4 million
  • Underlying loss before tax $5.2 million
  • Gross cashflow from operations for the year of $72.9 million
  • Statutory loss after tax $96.3 million
  • Full year results significantly impacted by A$84.6 million non-cash impairment to Bowdens Silver Project
  • Higher gold sold (+11%) offset by lower gold price received
  • Repayment of A$52 million of group debt facilities
  • Cash of $64.1 million (including restricted cash of A$10.5M)

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