Dividend History and Financial Overview
Australia - Financials
Ting Goe
Australia
4
CLP 中電 120
years 同行望遠
of shared vision
HK$m
Local Currency (A$m)
1H2021
1H2020
1H2021
1H2020
EBITDAF (before items affecting
2,127
2,267
363
444
comparability)
Depreciation & Amortisation
(1,131)
(983)
(189)
(192)
ACOI
Customer (Retail)
295
(303)
49
(59)
Energy (Wholesale)
1,568
2,338
270
458
Enterprise (Corporate)
(867)
(751)
(145)
(147)
Total
996
1,284
174
252
Fair value adjustments (1)
271
412
45
81
Net finance costs
(63)
(32)
(11)
(6)
Income tax expense
(367)
(470)
(63)
(92)
Operating Earnings
837
1,194
145
235
Litigation Settlement (2)
(777)
(130)
Provision for Morwell River
Diversion solution (3)
(265)
(46)
Total earnings
(205)
1,194
(31)
235
(1) Fair value adjustments have been mainly driven by falling forward prices which favourably impact derivative contracts in
both periods.
(2) Litigation Settlement. For further details see page 25 of the Hong Kong Stock Exchange Announcement "CLP Holdings
Limited 2021 Interim Results Announcement" which can be found here
(3) Provision for ensuring safe operation at the Yallourn coal mine following exceptional rainfall. For further details see page
25 of the Hong Kong Stock Exchange Announcement "CLP Holdings Limited 2021 Interim Results Announcement" which
can be found here
The average foreign exchange rates used to convert Australian Segment earnings to Hong Kong dollars are 5.1068 for 1H2020 and
5.9721 for 1H2021. Note that in the ACOI variance analysis presented in the body of the presentation 1H2020 earnings are
adjusted for changes in foreign exchange before year on year variance in underlying performance is illustrated.
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