Slide 1: Financial Results – 30 June 2019
ASX:RRL FINANCIAL RESULTS – 30 JUNE 2019
Slide 2: Cautionary Statement
2 CAUTIONARY STATEMENT This presentation contains only a brief overview of Regis Resources Limited and its releases by the Company of the same information in the same form and context, until the associated entities (“Regis or RRL") and their respective activities and operations. The consent is withd
Slide 3: FY2019 Financial Results Highlights
3 FY2019 FINANCIAL RESULTS HIGHLIGHTS Record gold production of 363,418 ounces Revenue up 8% to $654.8 million EBITDA of $306.8 million with strong EBITDA margin of 46.8% Cash flows from operating activities of $275.5 million up 6% from previous year Net profit after tax of $163.1 million
Slide 4: Group Financial Summary Results
4 GROUP FINANCIAL SUMMARY RESULTS Year Ended Year Ended Physicals Unit 30 June 2019 30 June 2018 Ounces Produced oz 363,418 361,373 Ounces Sold oz 369,721 359,750 Average Realised Price $/oz 1,765 1,680 Sales Revenue $m 652.5 604.4 Interest Income $m 2.3 2.1 Cost of Sales $m (402.0) (343.6) Gross Pr
Slide 5: Financial Results Highlights
5 FINANCIAL RESULTS HIGHLIGHTS Revenue up 8% to $654.8 million • Gold sold up 2.8% to 369,721ozs with an average sale price of $1,765/oz. Net Profit after Tax down 6.4% driven by non-cash impairment of capitalised exploration expenditure ($6.7 million) and increased cost of goods sold of $58.4 m
Slide 6: Review of FY2019 Operations
6 REVIEW OF FY2019 OPERATIONS FY19 FY18 Operations Ore mined Mbcm 4.3 4.6 • FY19 production 363,418ozs at top end of guidance Waste mined Mbcm 28.1 20.1 • FY19 grade of 1.27g/t: 7% higher than FY18 Strip ratio w:o 6.6 4.4 • Positive impact of grade from full year production Ore mined Mt 10.1 10.6 fr
Slide 7: Strong Performance on Profit Measures
7 STRONG PERFORMANCE ON PROFIT MEASURES Revenue Net Profit After Tax 200 700 654 606 174 180 163 600 544 160 502 138 500 465 140 $ $ mILLIONS $ mILLIONS 120 112 400 100 87 300 80 200 60 40 100 20 0 0 2015 2016 2017 2018 2019 2015 2016 2017 2018 2019 EBITDA Earnings & Dividend per Share 350 313 307 1
Slide 8: Cashflow Waterfall
8 CASHFLOW WATERFALL Cash & Gold on Hand - 30 June 2019 $600.m $328.7m $500.m ($81.2m) $400.m ($96.1m) $300.m ($34.8m) ($57.4m) $208.8m $205.3m $200.m ($54.0m) ($8.7m) $100.m Strong cashflow from operations of $328.7 million for FY2019 underpinned payment of $81.2 million in dividends during the yea
Slide 9: Dividend - Regis is one of the Australian gold industry leaders on dividend payment metrics
9 DIVIDEND - Regis is one of the Australian gold industry leaders on dividend payment metrics Final dividend declared 8 cents per share fully franked ($41 million) Interim dividend 8 cents per share fully franked ($40 million paid March 2019) Full year 16 cps ($81m) fully franked payout: • 12.
Slide 10: Summary
10 SUMMARY Financials Net profit after tax of $163.1 million (FY18: $174.2 million) Final dividend of 8cps declared taking full year dividend for FY19 to 16cps Operations Strong operational performance with record annual production of 363,418 ozs at the top end of guidance Commenced developm
Slide 11: Investment Highlights
11 INVESTMENT HIGHLIGHTS Strong profitability and reliable production performance with consistent internal growth. Record annual gold production of 363,418 ounces with AISC of $1,029 per ounce for FY2019 Cumulative dividend payments of A$407m since 2013 Production Guidance of 340,000 - 370,000oz gol
Slide 12: JORC Compliant Ore Reserve Estimates
APPENDIX 1 JORC COMPLIANT 12 ORE RESERVE GROUP ESTIMATES ORE RESERVES 312019) (31 March MARCH 2018
Slide 13: JORC Compliant Mineral Resources
APPENDIX 2 13 JORC COMPLIANT MINERAL RESOURCES 31 MARCH 2018 13 GROUP MINERAL RESOURCES (31 March 2019)