August
2024
2
Gold sold, | revenue, | TCC, | ebitda1, | capex, |
1,263 | 2,733 | 423 | 2,021 | 441 |
1% y-o-y | 16% y-o-y | 8% y-o-y | 20% y-o-y | 12% y-o-y |
7500 | ||||||
6,374 | 1,283 | |||||
6500 | ||||||
5500 | ||||||
4500 | ||||||
3500 | ||||||
505 | ||||||
2500 | 372 | |||||
1500 | 252 | 276 | ||||
500 | ||||||
-500 | Olimpiada | Blagodatnoye | natalka | Verninskoye | Kuranakh |
4
8% y-o-y
423 |
33% | 15% | 17% | 17% | 7% 3% | 8% |
Depreciation & | Labour | Consumables & | MET | fuel | other |
amortization | spares | power |
514 | 515 | 580 | 423 | |||
378 | 371 | |||||
blagodatnoye | olimpiada | |||||
Olimpiada | Blagodatnoye | natalka | verninskoye | Kuranakh |
natalka | verninskoye | kuranakh |
cumulative production, koz
5
inventories | receivables | payables | Interest | Income tax, | Payables for | Translation + |
payables | net | ppe | non-ocf items |
196 | |||
208 | 37 | 13 | 14 |
(20) | (18) | ||
2,253 | |||
1,823 |
Net wc FY23 | Net wc 1H24 |
6
19% olimpiada
22% Blagodatnoye
16% | natalka |
16% | kuranakh |
6% | verninskoye |
11% | Sukhoi log |
1% | IT CAPEX |
10% | other1 |
Olimpiada
Blagodatnoye
Natalka
kuranakh
verninskoye
Sukhoi log
1H2024 Capex
441
12% y-o-y
7
1H2024 highlights
Gross debt | net debt |
$$
CASH POSITION & DEBT
•
•
•
6,413
GOLD BONDS ISSUE
•
BONDS, NOMINATED IN USD WITH PAYMENTS IN RUB
•
1,373
EUROBONDS WITH FIXED INTEREST RATE DUE IN 2024
620 | • |
393
72
•
•
EUROBONDS WITH FIXED INTEREST RATE DUE IN 2028
•
ruAAA AAA.ru
•
9
by source
9.19.0
by interest rates | 9.1 | 9.0 |
Eurobonds
Bank loans
12%
76%
8%
77%
FIXED RATE | 84% | 72% | |
LOCAL bonds
13%
16%
Floating RATE
16%
28%
Public vs private debt
76%
24%
77%
23%
Average | 6.0 7.0 |
interest rate |
10