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Financial infor­ma­tion


Key figures 2023

UnitH2-2023H2-2022FY-2023FY-2022
RevenueMEUR9.07.919.713.5
Pampalo production revenueMEUR9.07.919.712.7
% of revenue%100 %100 %100 %94 %
Operating expensesMEUR-10.0-10.9-20.3-19.9
EBITDAMEUR-1.0-2.9-0.7-6.4
Pampalo production EBITDA MEUR0.90.43.30.6
% of revenue%10 %6 %17 %5 %
Depreciation and impairment
losses
MEUR-1.2-1.6-2.3-8.3
Operating resultMEUR-2.2-4.5-3.0-14.7
Net resultMEUR-3.5-7,0-5.3-17.5
Net gearing ratio%46 %19 %46 %19 %
Equity ratio%55 %66 %55 %66 %
Earnings per shareEUR-0.4-1,0-0.6-2.7
Cash Cost in Pampalo, excl.
investments
EUR/oz1 399.001 385.901 278.001 501.00

Financial figures for the last five years

Key Figures202320222021202020192018
Production
Milled ore (tonnes)212 892132 8064 9506 6580116 456
Head grade (Au grams per tonne)2,22,42,93,503,3
Gold recovery (%)83838471,5082,6
Hourly utilisation (%)684355,535,7039,3
Gold production (kg)397,8267,514,316,70331,3
Gold production (oz)12 7908 496460,3538,1010 651
Financial figures
Revenue growth rate46 %100 %-100 %126 %-94 %-14 %
EBITDA margin-3 %-47 %0 %-596 %-841 %6 %
Operating marking-15 %-109 %0 %-1410 %-905 %-46 %
Net margin-27 %-130 %0 %-1504 %-1322 %-36 %
Equity ratio54 %66 %55 %57 %57 %50 %
Gearing46 %19 %55 %59 %59 %74 %
Return on equity-15 %-53 %-82 %-59 %-26 %-25 %
Average number of employees454253463438

Calcula on formulas for key figures 

  • Interest-bearing net liabilities = interest-bearing liabilities – liquid cash assets 
  • EBITDA = operating result + depreciation and impairment losses 
  • EBITDA % = 100 * EBITDA / revenue 
  • Operating result = revenue + other operating income + change in the inventory of finished goods and work in progress – materials, supplies, and external services – expenses arising from employee benefits – other operating expenses – depreciation and impairment losses 
  • Operating result % = 100 * operating result/revenue 
  • Net gearing ra o-% = 100 * (interest-bearing liabilities – liquid cash assets) / equity 
  • Equity ratio-% = 100 * equity / (adjusted balance sheet total – advance payments based on work performed)