Investor Presentaiton
Financial highlights
32
Underlying NPAT recognises
•
55% increase in sales volumes
9% increase in realised oil price
54% increase in sales revenue
$ million (unless otherwise indicated)
FY18
FY19
Change
Production (MMboe)
19.0
29.4
55%
Sales volumes (MMboe)
20.1
31.2
55%
Avg. realised oil price¹ ($/bbl)
93.4
101.8
9%
•
Avg. realised gas/ethane price ($/GJ)
6.57
6.81
4%
Sales revenue
Underlying EBITDA
1,251
1,925
54%
766
1,375
80%
Net profit after tax
199
577
190%
Underlying NPAT²
302
560
86%
Operating cash flow
663
1,038
57%
Net assets
Net (debt) cash
172
•
1,838
2,374
29%
(639)
1.
Excludes the impact of hedging
2.
Operating cash flow
57% increase in operating cash flow
Net cash position
$172 million net cash at 30 June 2019
1.0 cent per share fully franked final
dividend announced
beach
Underlying results in this presentation are categorised as non-IFRS financial information provided to assist readers to better understand the financial performance of the underlying operating business. They have not been subject to audit or review by Beach's external auditors. The information has been extracted
from the audited financial statements. For a reconciliation of FY19 net profit after tax to underlying net profit after tax, refer to Appendix.View entire presentation