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Adaro Energy Financial and Operational Highlights

Figures in US$m unless stated

1Q20

2019

2018

2017

2016

2015

Financial Performance
Net revenue 750  3,457  3,620  3,258  2,524  2,684
Cost of revenue -552 -2,493 -2,410 -2,117 -1,839 -2,141
Gross profit 198  965  1,210  1,141  685  543
Operational EBITDA 265  1,207  1,408  1,315  893  730
Operating income* 128  618  892  952  588  332
Profit for the Period attributable to:
Owners of the parent entity 98  404  418  483  335  152
Non-controlling interest 7  31  60  53  6  (1.4)
Profit for the period 106  435  478  536  341  151
Total comprehensive income for the period attributable to:
Owners of the parent entity 9  355  411  465  375  179
Non-controlling interest 6  33  58  53  7  (2.5)
Core earnings 136  635  728  646  398  294
Basic earnings per share (EPS) (US$) 0.003  0.013  0.01  0.02  0.01  0.01
Current assets 1,831  2,110  1,600  1,979  1,593  1,093
Total assets 6,924  7,217  7,061  6,814  6,522  5,959
Current liabilities 1,020  1,233  816  773  645  454
Total liabilities 2,946  3,234  2,758  2,723  2,736  2,606
Stockholders’ equity 3,978  3,983  4,303  4,092  3,786  3,353
Interest-bearing debt 1,904  1,957  1,431  1,393  1,450  1,567
Cash and cash equivalents 1,251  1,576  928  1,207  1,077  702
Net debt 550  375  414  net cash  373  865
Capex 56  489  496  229  80  98
Free cash flow (EBITDA – Capex) 96  566  660  782  479  458
Financial Ratios
Gross profit margin (%) 26.4 27.9 33.4 35 27.1 20.2
Operational EBITDA margin (%) 35.3 34.9 38.9 40.4 35.4 27.2
Operating margin (%) 17.1 17.9 24.6 29.2 23.3 12.4
Return on equity (%) 5 20.7 22.2 13.1 9 4.5
Return on assets (%) 3 12.2 13.5 14.0 5.2 2.5
Net profit margin (%) 14.1 12.6 13.2 16.5 13.5 5.6
Net debt to equity (x) 0.14 0.09 0.01 net cash 0.1 0.3
Net debt to Operational EBITDA (x) 0.48 0.31 0.29 net cash 0.4 1.2
Cash from operations to capex (x) 2.56 2.01 2.39 4.7 6.2 5.2
Current ratio (x) 0.2 0.2 2.0 2.6 2.5 2.4
Debt Ratio (x) 0.4 0.4 0.4 0.4 0.4 0.4
 
 

1Q20

2019

2018

2017

2016

2015

Operating Statistics
Coal production volume (Mt) 14.41 58.03 54.04 51.79 52.6 51.5
Sales volume (Mt) 14.39 59.18 54.39 51.82 54.1 53.1
Overburden removal (Mbcm) 49.76 272.09 273.55 238.7 234.1 267
Planned strip ratio (x) 3.45 4.69 5.06 4.5 4.5 5.2

* Capital market regulations were revised in 2012 to require operating income to include “other expenses.” All years up to 2012 have been restated to reflect this revision.

Financial Statements and Notes

Release Date Document Title Document
August 31, 2015 Adaro Energy 1H15 Financial Statements & Notes
April 30, 2015 Adaro Energy 1Q15 Financial Statements & Notes
March 10, 2015 Adaro Energy FY14 Financial Statements & Notes
October 31, 2014 Adaro Energy 9M14 Financial Statements & Notes
August 27, 2014 Adaro Energy 1H14 Financial Statements & Notes
April 29, 2014 Adaro Energy 1Q14 Financial Statements & Notes
March 10, 2014 Adaro Energy FY13 Financial Statements & Notes
October 31, 2013 Adaro Energy 9M13 Financial Statements & Notes
August 29, 2013 Adaro Energy 1H13 Financial Statements & Notes
April 29, 2013 Adaro Energy 1Q13 Financial Statements & Notes