Key Debt Data - Perenti

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Key Debt Data

Debt Investors

		FY17	FY18	FY19 ¹	FY20	FY21	FY22	FY23	FY24
Gross Debt (reported – inclusive of fair value adjustments)	A$m	388.6	404.5	757.4	883.9	768.0	901.9	806.4	928.6
Cash and cash equivalent	A$m	166.7	137.3	223.5	327.5	264.7	348.5	307.4	459.1
Net Debt	A$m	221.9	267.2	533.9	556	503.3	553.3	499.0	469.5
Equity	A$m	630.1	774.8	1,411.6	1,399.8	1,298.1	1,322.4	1,426.3	1,788.4
Net Gearing	%	26%	26%	27%	28%	28%	30%	26%	21%

In October 2018, Perenti successfully completed the acquisition of leading underground mining services contractor, Barminco Holdings Pty Limited. Barminco was acquired with borrowings of approximately $505 million and cash and cash equivalents of approximately $61 million. The acquisition was undertaken together with a $250 million equity raise which assisted to keep leverage at pre-acquisition levels.

¹ Figures are proforma underlying figures which include 100% of Barminco and AUMS, exclude amortisation and any non-underlying items. Please refer to FY19 Investor Presentation lodged with the ASX on 29 August 2019.

Key Debt Data - Perenti FY24, graph

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Debt Investors

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