Slide 1: Final Yearly Results Presentation year ended 30 June 2004
Kingsgate Consolidated Limited ABN 42 000 837 472 24 August 2004 The Manager Announcements Company Announcements Office Australian Stock Exchange Limited Via ASX Online (11 pages including cover letter) Dear Sir/Madam Final Yearly Results Presentation year ended 30 June 2004 Please find attached Fin
Slide 2: Year Highlights 2003/04
Year Highlights 2003/04 * Gold Produced (oz) 440,979 * Cash Cost (US$/oz) AS5 + Earnings per Share (A Dividends (A$/share) 0.22 Net Cash (A$M) 60 Agar 2002/03 154 484 94 a7 20 2 0.65 0.25 10 Exploration success on and near mine site
Slide 3: Operational Performance
Operational Performance Head Grade Gold Recovery io Gold Production We } 44S oma Turnover EBITDA EBIT Profit after tax Operating Cash Flow Net Cash Flow before Financing Gearing (%} Net Cashi(Debt} EPS (cents)
Slide 4: Unit Cost & Revenue
Unit Cost & Revenue US$/oz 400 356 300 250 US$ioz 400 350 300 250 2001/02 2002/03 2003/04 ETotalCash Cost M™MMO&ACost <—wRealizedPrice —@-SpotPrice Mining Volumes and Strip Ratio BCM'000 Strip Ratio 5000 10 | al 2001/02 2002/03 2003/04 CJ Waste BCM'000 ll Ore BCM'000 Strip ratio
Slide 5: Net Profit Source of Change
Net Profit Source of Change urabla «Red 4 Untayouiable i Group Cash Flow & Net Cash “_ 2001/02 2002/03 2003/04 Cl Operating CF MllInvesting CF ml Dividends EJ Shares Issued —- Net Oper'l CF —-Net Cash
Slide 6: Balance Sheet
Balaice Sneect plc = Mine Assets Other § Net Cash ae 2004 $66m $17m $60m $am i % amie : Payables/ June Mine Assets ) Other Net Cash 7errnts 2003 $53m $t4m $10m $4m Chatres Debtors 7, Strong Creditors Gold Mins, and — operating and comprising inventories cash provision exploration generation . for re
Slide 7: Gold Hedging Positions
Gold Hedging Positions "000 ozs Bought Put & Sold Call Options 100 80 60 40 20 (20) (40) | (60) {80) (100) 2004/05 2005/06 2006/07 2007/08 C1 US$ Puts MBAS Puts Mm USS Calls MBAS Calls 5 US$PutPrice —*-A$PutPrice —#-US$ Call Price —e-A$ Call Price Key Financial Ratios Chatree Return on Capital Emplo
Slide 8: Capital Management
Capital Management Share placement of $42 million Dividend einvestment Pian introduced of 25 - 50% of EPS Financing Facility of US$32 million : Project facility repaid + 4 banks: CBA, HSBC, MBL, RAL Earnings & Dividends Per Share Cents/Share 70 60 50 40 2004/02 2002/03 2003/04 BEPS opps
Slide 9: Relative Share Price Performance
Relative Share Price Performance Kingsdate and the ASx 200 Index 150% 140% 130% 120% 110% 100% 98% ASX 200 Index KCN Share Price 80% 70% 60% 50% ge Fe ak ft ae oe we ra as eo gs ro KCN — ASX 200 Absolute Share Price Performance Kingsgate and tie ASK 200 Index $5.60 $4.50 $4.60 $3.50 ASX 200 Index| $
Slide 10: Ore Reserves
Ore Reserves Expenditure: (USSNM ): Ss S & * et 2: e = = o a rs es Summary & Outlook Excellent profit achieved for 2003/04 : Exploration tential is very significant Outlook for 2004/05 is for 150,000 ounces at ~US165/0z
Slide 11: Ail
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