Slide 1: 2021 Financial Results – 31 August 2021
ASX:RRL 2021 Financial Results – 31 August 2021 JIM BEYER – Managing Director & CEO & JON LATTO – Chief Financial Officer
Slide 2: Cautionary Statement
2 CAUTIONARY STATEMENT This presentation contains only a brief overview of Regis Resources Limited and its associated In each case, appropriate Competent Person’s consents were obtained for the release of that entities (“Regis or RRL") and their respective activities and operations. The contents of
Slide 3: FY21 Financial Highlights
3 FY21 FINANCIAL HIGHLIGHTS NPAT of $146m Cash flow from EBITDA1 of $403m NPAT Margin of 18% operating activities EBITDA Margin 49% EPS of 26 cents per share $276m Cash & Bullion Full Year Dividends $269m2 7c per share Acquisition of 30% of 2.8% basic yield Tropicana Gold Project Net Debt of $31.3m3
Slide 4: FY2021 Full Year Financial Results
4 FY2021 FULL YEAR FINANCIAL RESULTS Unit FY2021 FY2020 Ounces Produced oz 372,870 352,042 Ounces Sold oz 365,830 353,182 Average Realised Price $/oz 2,229 2,200 373Koz Production Revenue1 $m 819.2 756.7 + 5.9 % Growth Royalties $m (38.8) (37.4) Cost of Sales $m (543.9) (414.7) $819m Revenue Gross P
Slide 5: Over Half a Billion Dollars in Dividends Since 2013
5 OVER HALF A BILLION DOLLARS IN DIVIDENDS SINCE 2013 Strong business performance sees Regis again declare a dividend Dividends Declared 18 600 Final dividend of 3 cps ($22.6m) fully franked payout 16 Total dividends for FY21 of 7 cps ($43.1m) fully franked 500 29.5% of FY21 NPAT and 10.7% of EBITDA
Slide 6: Cashflow Waterfall
6 CASHFLOW WATERFALL Strong cashflow from operations allows for significant capital investment, exploration programs and dividends Cash & Bullion on Hand - 30 June 2021 $700m $600m $378m $500m ($138m) $400m ($45m) $353m ($42m) ($10m) $300m $44m $269m ($77m) $209m $200m ($51m) $100m - - - - - - 1. In
Slide 7: Review of FY2021
REVIEW OF FY2021 7 GROWTH Acquisition of 30% interest in Tropicana Gold Project completed Acquisition funded through $650 million equity raising and $300 million debt facility Net debt position of $31.3 million1 at 30 June 2021 Acquisition of Ben Hur gold deposit completed 35% increase in Group Mine
Slide 8: FY22 Guidance – Production Set to Grow
8 FY22 GUIDANCE – PRODUCTION SET TO GROW A solid year of production is expected at Duketon in FY22 with a significant increase in total group production driven by Regis’ 30% interest in Tropicana. 600 Operation Duketon Tropicana (30%) Group 500 400 Production (koz) Production (koz) 340 – 380 120 – 1
Slide 9: Additional Financial Information
Additional Financial Information
Slide 10: FY2021 – Profit & Loss
10 FY2021 – Profit & Loss 30 June 2021 30 June 2020 $’000 $’000 Revenue 819,162 756,657 Cost of goods sold (582,659) (452,011) Gross profit 236,503 304,646 Other income (402) (1,365) Investor and corporate costs (4,687) (3,408) Personnel costs (10,674) (10,062) Share-based payment expense (3,934) (1
Slide 11: FY2021 – Cash Flow Statement
11 FY2021 – Cash Flow Statement 30 June 2021 30 June 2020 $’000 $’000 Cash flows from operating activities Receipts from gold sales 790,619 755,791 Payments to suppliers and employees (435,767) (348,923) Income tax paid (77,125) (63,792) Other receipts/(payments) (1,441) (63) Net cash from operating
Slide 12: FY2021 – Balance Sheet
12 FY2021 – Balance Sheet 30 June 2020 $’000 30 June 2020 $’000 Current assets Cash and cash equivalents 242,627 192,428 Inventories 161,475 74,430 Other current assets 19,413 10,847 Total current assets 423,515 277,705 Non-current assets Inventories 185,643 63,503 Property, plant and equipment 335,
Slide 13: Continued Reduction in Hedge Book
13 Continued Reduction in Hedge Book Regis’ hedge position reduced to 320koz at 30 June 2021 from ~399koz at 30 June 2020 During the year Regis, transitioned from spot deferred hedging to flat forwards which simplifies its hedging structure From 1 July 2021, Regis has accelerated its hedge deliverie
Slide 14: FY2021 Physicals
14 FY2021 PHYSICALS FY FY2021 FY2020 DNO DSO TROPICANA TOTAL TOTAL Variance Physicals @30% Ore mined (Mbcm) 1.50 2.50 0.05 4.05 4.16 -3% Waste mined (Mbcm) 11.51 15.60 1.16 28.27 26.37 +7% Stripping ratio (w:o) 7.7 6.2 25.3 7.0 6.3 +11% Ore mined (Mtonnes) 2.86 7.03 0.17 10.06 9.98 +1% Ore milled (M
Slide 15: Solid Performance on Key Financial Metrics
15 SOLID PERFORMANCE ON KEY FINANCIAL METRICS FY21 a transformational year with Tropicana acquisition Net Profit After Tax and Margin Production, Realised Gold Price & AISC 400 361 363 373 $2,500 250 35% 352 350 324 200 30% 310 305 $2,000 200 300 174 163 25% 250 138 146 $1,500 150 $Millions 20% AISC
Slide 16: Further information: Jim Beyer, Managing Director & CEO
Further information: Jim Beyer | Managing Director & CEO + 61 8 9442 2200