Northern Star Resources Ltd · ASX:NST
Northern Star Resources — FY2015 Earnings Presentation
13 slides from Northern Star Resources's earnings presentation, Aug 27, 2015
Slide 1: Northern Star Resources 2015 Full-Year Results
For personal use only Northern Star Resources 2015 Full - Year Results An Australian gold miner – for global investors August 2015
Slide 2: Disclaimer: Competent Persons Statements
Disclaimer Competent Persons Statements The information in this announcement that relates to exploration results, data quality, geological interpretations and Mineral Resource estimations for the Company’s Kanowna, EKJV, Kundana and Carbine Project areas is based on information compiled by Darren Co
Slide 3: FY2015 - Key Highlights
FY2015 - Key Highlights Key Financial Outcomes For personal use only Underlying NPAT up FY15 Dividends Underlying free 198% to A$108.9M; increased by 43% cash flow up 315% Return on Equity 32% to 5c per share to A$185.6M Key Resource Outcomes Total Resources Measured and 2.7Moz addition to increased
Slide 4: Financial Highlights for the FY2015
Financial Highlights for the FY2015 Sales revenue: A$845.6m up 185% on FY14 For personal use only Underlying Net Profit: A$108.8m up 198%, including one offs of acquisition costs A$12.8m and restructuring expenses of A$4.2m for a statutory net profit after tax of A$91.9m Underlying EBITDA of A$331.1
Slide 5: Financial Highlights for the FY2015
Financial Highlights for the FY2015 Underlying EBITDA Underlying EBIT For personal use only 350 $333 200 $168 300 150 250 EBITDA up 220% in FY15 EBIT up 195% in FY15 A$(M) 200 A$(M) 100 150 $104 $57 100 $63 50 $31 $37 $44 $49 $20 50 - - 2011 2012 2013 2014 2015 2011 2012 2013 2014 2015 EPS Dividends
Slide 6: The Profit Centres in FY2015
The Profit Centres in FY2015 FY15 ounces sold was up 176% to 580,784oz at AISC A$1,065/oz For personal use only Jundee: gold sold of 223,727oz at an AISC of A$1,008/oz Kundana: gold sold of 103,051oz at an AISC of A$711/oz Kanowna Belle: gold sold of 96,223oz at an AISC of A$1,021/oz Plutonic: gold
Slide 7: Details of Financials
Details of Financials Year End 30 June 2015 Year End 30 June 2014 Change Change For personal use only ($000’s) ($000’s) ($000’s) (%) Revenue 845,653 296,976 548,677 185% EBITDA(1) 316,142 89,598 226,544 253% Underlying EBITDA(2) 333,122 104,225 228,897 220% Net profit(3) 91,902 21,871 70,031 320% Un
Slide 8: NST generating record underlying free cashflow
NST generating record underlying free cashflow NST generated a record underlying free cashflow figure of A$186m up from 315% from FY14 For personal use only $350 M FY15 Underlying company free cashflow $5 M $91 M $43 M $300 M $71 M $71 M $52 M $250 M $13 M $8 M $24 M $27 M $200 M $55 M A$(M) $178 M
Slide 9: Resource additions for the Year to June 2015
Resource additions for the Year to 30 June 2015 The FY15 A$50m exploration spend achieved a 2.7Moz Resource increase at a discovery cost of A$19/oz For personal use only Total Resource increased by 44% to 8.9Moz, even after mining 622,000oz The Measured and Indicated Resource increased by 42% to 4.4
Slide 10: Asset by Asset exploration highlights
Asset by Asset exploration highlights NST remains poised to continue growing mine lives across all its assets For personal use only Jundee: Resources increased by 59% to 1.35Moz Gateway lode increased by 150koz and remains open in every direction 410kozs of open pit ounces identified to provide pote
Slide 11: FY2016 - Production Guidance
FY2016 - Production Guidance FY16 Forecast of 535koz-570koz at an AISC of A$1,050-A$1,100/oz (US$760-US$800/oz) For personal use only NST stands to benefit from A$22m in annual procurement savings, the majority realised from CY16 FY16 Guidance 535-570koz at Mid point of FY16 Production by site A$1,0
Slide 12: FY2016: Investing in expansion capital and targetted drilling
FY2016: Investing in expansion capital and targetted drilling NST will invest a combined A$74m in FY16 into expansion capital across For personal use only its assets; A$39m on expansion capital to unlock over 1.5Moz for future mining and A$35m on targeted drilling following up on FY15 success A$35m
Slide 13: Northern Star Resources
For personal use only Northern Star Resources An Australian Mid Cap gold miner – for global investors Contact Details: Luke Gleeson – Investor Relations +61 8 6188 2100 Email – [email protected] / Website – www.nsrltd.com August 2015
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