by clicking the arrows at the side of the page, or by using the toolbar.
by clicking anywhere on the page.
by dragging the page around when zoomed in.
by clicking anywhere on the page when zoomed in.
web sites or send emails by clicking on hyperlinks.
Email this page to a friend
Search this issue
Index - jump to page or section
Archive - view past issues
Whitehaven Coal Limited : Annual Report 2011
10 managing Director’s report Financial Performance and Balance Sheet (A$ millions) 2011 2010 Cash on Hand 207.6 141.0 Interest Cover Ratio1 (times) 7.87 10.43 Interest Bearing Liabilities2 178.6 94.9 Net Cash Position 29.0 46.1 Net Assets 1,040.5 1,023.2 Gearing Ratio3 (%) - 2.9% - 4.7% 1 EBIT before significant items to Interest Expense excluding FX in financing expense, losses on ineffective hedges and unwind of provision discounting 2 Interest bearing liabilities include loans from Country Rail Infrastructure Authority (formerly Rail Infrastructure Corporation) for track upgrades ($34.3 million 2011, $20.6 million 2010) 3 Net Debt to Net Debt plus Equity OPERATINg PERFORMANCE Consolidated Equity Production and Sales (Equity Share) Whitehaven Total – 000t 2011 2010 Movement ROM Coal Production 4,592 3,724 +23% Saleable Coal Production 4,168 3,480 +20% Sales of Produced Coal 4,243 3,310 +28% Sales of Purchased Coal 1,883 823 +129% Total Coal Sales 6,126 4,133 +48% Coal Stocks at Period End 444 430 +3%
Annual Report 2010
Annual Report 2012