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FY21 P&L Prdictions

  1. 10,595 Posts.
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    My predictions for FY21 P&L with last year's actuals in brackets $Amil:

    Revenue from operations 414(227) --- Copper 232(227), Gold 182(0)
    Cost of goods sold -324(-217) ---- Copper -181(-217), Gold -143(0)
    Gross profit from operations 90(10) --- Copper 51(10), Gold 39(0)

    Exploration expense -1(-1)
    Administration -15(-9)
    Foreign Exchange 1(-3)
    Other expenses 0(-1)
    Transaction expense -4(-3)
    Impairment write-back 23(-23)
    Profit before finance costs 94(-30)

    Net finance costs -13(-8)
    Profit before income tax 81(-38)
    Income tax expense 0(0)
    Profit for the year 81(-38)


    Detail on Cost of Goods sold:
    Cost of production - mining 258(182) ---- Copper 163(182), Gold 95(0)
    Depreciation - Plant 21(17) ------- Copper 13(17), Gold 8(0)
    Amortisation - mine properties 45(18) ----- Copper 5(18), Gold 40(0)
    Total Cost of Goods 324(217)
 
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