FY21 Global Achievements and Strategic Integration slide image

FY21 Global Achievements and Strategic Integration

CASH GENERATION Net Cash/(Debt) Balance ($m) 38 FY19 93 FY20 172 (174) FY21* 18 Acquisitions Sale of Minetec *Cash position at 30 June 2021 before funding DTC and Zetron acquisition Excellent cash generation - close to zero net debt at 30 June after funding $174m for acquisitions Proceeds from Minetec were received 1 July 2021 • Expect further inventory investment in FY22 CODAN 22
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