Investor Presentaiton
Group 2022 results: Marginal increase in invested capitalĀ¹
1.7% increase driven mainly by working capital investments
Invested Capital (S$ million)
+1.7%
19,012
19,333
Working Capital
Fixed Capital
8,977
9,266
10,036
10,066
Dec-21
Dec-22
Invested capital increase with higher working capital investments caused
by higher commodity prices compared with 2021
Gearing (times)
Net gearing
- Adjusted net gearing
1.72
1.47
0.75
0.64
Olam
Dec-21
Dec-22
Net gearing improved as cash proceeds from the sale of the
substantial minority stake in Olam Agri were used to pay down debt
'Invested Capital excludes Gabon Fertiliser Project (31-Dec-2022: S$239.5 million; 31-Dec-21: S$253.7 million and Long-term Investment (31-Dec-2022: Nil; 31-Dec-2021: S$31.3 million).
Olam Group Limited Investor Presentation | May 2023
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