AIS 4.17% 25.0¢ aeris resources limited

After completing further reconciliations, I have to revise my...

  1. 10,448 Posts.
    lightbulb Created with Sketch. 2057
    After completing further reconciliations, I have to revise my P&L FY21 predictions and also attach a Cash flow statement.
    FY21 P& L with last year's actuals in brackets $Amil:

    Revenue from operations 421(227) --- Copper 234(227), Gold 187(0)
    Cost of Goods sold -317(-217) ---- Copper -184(-217), Gold -133(0)
    Gross profit from operations 104(10) --- Copper 50(10), Gold 54(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 108(-30)

    Net finance costs -13(-8)
    Profit before income tax 95(-38)
    Income tax expense 0(0)
    Profit for the year 95(-38)

    Detail on Cost of Goods sold:
    Cost of production - mining 251(182) ---- Copper 166(182), Gold 85(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 317(217)

    There was a $18.2mil net hedging loss for the year comprised of a $20.5mil loss from copper hedging and a $2.3mil surplus from gold hedging. There was a further copper hedging loss unrealised at 30Jun amounting to $3.6mil gross less tax benefit of $1.1mil = $2.5mil loss that will appear below the line in Comprehensive Income for the July21 copper hedging.
    Aeris cashflow.pdf Cashflow Statement for FY21
 
watchlist Created with Sketch. Add AIS (ASX) to my watchlist
(20min delay)
Last
25.0¢
Change
0.010(4.17%)
Mkt cap ! $241.8M
Open High Low Value Volume
24.5¢ 25.0¢ 23.5¢ $884.4K 3.615M

Buyers (Bids)

No. Vol. Price($)
7 113519 23.5¢
 

Sellers (Offers)

Price($) Vol. No.
25.0¢ 271198 9
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
AIS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.