Investor Presentaiton
Costs
Unit cost calculation
The unit cost can be calculated off the face of the P&L. It includes operating
expenses, selling & distribution expenses, administration expenses (net of sundry
revenues) and share-based payment expenses.
Coal purchases, royalties, depreciation & amortisation, FX and significant items
are excluded.
Logistics,
27%
FY23 Costs
Labour,
26%
FY23
FY22
FY21
$'000
$/t
Operating expenses¹
910,581
$70
$'000
764,331
$/t
$'000
$/t
$54 700,433
$49
Selling & distribution
369,753
$29
377,395
$27
330,924
$23
expenses
Other
Operating,
12%
Administrative expenses
(net of sundry revenues) 2
55,155
$4
44,772
$3
32,134
$2
Share-based payment
10,897
9,234
6,995
Equipment
Hire, 5%
Diesel, 10%
expenses
Drill & Blast,
5%
Total cost of coal
1,346,385
$103
Sales of own coal kt
13,005
1,195,732
14,166
$84 1,070,486
$74
14,425
Repairs &
Maintenance,
15%
1. Included within operating expenses are sundry coal trading expenses excluded from the unit cost calculation.
53 2. Administrative expenses are presented net of sundry revenues of $2,306k (FY22: $2,114k, FY21: $2,094k) which appear in the 'Other income' line of the P&L, and excluding costs in relation to non-recurring
transaction activities of $4,397k that are excluded from the unit cost calculation.View entire presentation