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FINANCIAL TRACK RECORD. FINANCIAL PERFORMANCE TRENDS For the year ended 30 June ($ million)
2021
20201
20192
20182
2017 2 & 3
Energy margin
616
652
667
730
698
Total recordable injury frequency rate (TRIFR)5
EBITDAF
463
490
506
566
523
Sales to customers (FPVV, GWh)
141
209
357
234
184
Income statement
20201
20192
20182
2017 2 & 3
Balance sheet Total shareholders’ equity
4,186
3,733
3,537
3,305
3,308
Total assets
7,978
6,877
6,484
6,106
5,997
Total liabilities
3,792
3,144
2,947
2,801
2,689
Cash flow Operating cash flow
338
352
361
370
380
Investing cash flow
(296)
(194)
63
(254)
(98)
Financing cash flow
42
(173)
(335)
(141)
(298)
Total capital expenditure
250
275
115
118
116
Growth capital expenditure
194
165
26
6
2
Stay-in-business capital expenditure
56
110
89
112
114
Capital expenditure
Other financial measures Underlying earnings after tax
145
166
161
198
176
Free cash flow
282
242
272
258
266
Ordinary and special declared dividends
231
215
211
207
270
Ordinary dividends per share (cents)
17.0
15.8
15.5
15.1
14.6
Basic and diluted earnings per share
10.36
15.36
26.23
17.00
13.37
Net debt
1,329
1,149
1,096
1,264
1,038
Gearing (net debt/net debt + equity, %)
24.1
23.5
23.7
27.7
23.9
Debt/EBITDAF (x)4
2.5
2.0
1.9
1.9
1.8
0.64
1.26
0.72
0.87
1.05
4,522
4,361
4,500
4,477
4,606
Electricity customers (‘000)
328
348
373
388
392
Electricity generation (GWh)
6,205
6,331
6,703
7,511
7,310
1. 2. 3. 4. 5.
Restated for change in accounting policy in relation to configuration and customisation costs incurred in implementing SaaS arrangements. Financial results for the period 30 June 2017, 2018 and 2019 include Metrix which the Group sold on 1 March 2019. Financial results for the period ended 30 June 2017 have not been restated for new IFRS standards. Adjusted for S&P treatment of subordinated debt issued in FY2015. Per 200,000 hours; includes on-site employees and contractors.
ENERGY FREEDOM IN NUMBERS
Operational measures
MERCURY ANNUAL REPORT 2021
Net profit for the year
2021
37
For the year ended 30 June ($ million)
