(In Million US Dollar)

2019

2020

2021

2022

2023

Financial Performance

Revenue

3.457

2.535

3.993

8.102

 6.518 

Cost of revenue

(2.493)

(1.958)

(2.223)

(3.449)

(3.980)

Gross profit

965

577

1.770

4.653

2.537

Operational EBITDA

1.207

883

2.104

5.030

2.554

Operating Income

618

285

1.528

4.308

2.155

Net Income

435

159

1.028

2.831

1.855

Core Earnings

635

405

1.256

3.013

1.873

Basic Earnings Per Share (EPS) in US$

0,01264

0,00459

0,02927

0,0800

0,053

Current Assets

2.110

1.732

2.838

5.319

4.302

Total Assets

7.217

6.382

7.587

10.782

10.473

Current Liabilities

1.233

1.145

1.362

2.448

2.135

Total Liabilities

3.234

2.430

3.129

4.255

3.064

Total Equity

3.983

3.952

4.458

6.527

7.408

Interest Bearing Debt

1.957

1.493

1.598

1.573

1.423

Cash and Cash Equivalents

1.576

1.174

1.811

4.067

3.311

Net Debt

375

167

(434)

 (2.599)

(1.936)

Capex

489

169

193

424

648

Free Cash Flow

566

630

1.270

2.769

1.694

Financial Ratios

Gross Profit Margin (%)

27,9

22,7

44,3

57,4

39

Operational EBITDA margin (%)

34,93

34,84

52,7

62,0

39

Operating Margin (%)

17,86

11,24

38,3

53,0

33

Return on Equity (%)

10,92

4,02

23,1

43,4

25,0

Return on Assets (%)

6,0

2,5

13,6

26,3

17,70 

Net Debt to Equity (x)

0,09

0,04

(0,10)

 (0,40)

(0,26)

Net Debt to Operational EBITDA (x)

0,31

0,19

(0,32)

 (0,76)

(0,76)

Cash from Operations to Capex (x)

2,01

4,55

8,11

9,7

1,99

Current Ratio (x)

1,71

1,51

2,08

2,2

2,01

Operating Statistics

Coal Production

58,03

54,53

52,7

62,9

65,88

Sales Volume

59,19

54,14

51,58

61,4

65,71

Overburden Removal

272,09

209,48

218,9

235,68

286,35

Actual Strip Ratio (x)

4,69

3,84

4,15

3,75

4,35