2021 YEAR IN REVIEW

Key features

30% decrease in TRIFR 1 to

2.75

(  2020: 3.912 )

Headline earnings per share of

67 cents

(2020: loss of 0.8 cents)

43% increase in ferrochrome production to

379kt

(2020: 265kt)


Basic earnings per share of

66.8 cents

(2020: loss of 40.0 cents)

69% increase in revenue to

R8 063 million

(2020: R4 780 million)

Decrease in production cost per tonne by

5%

(2020: 8% increase)


Net cash of

R972 million

(2020: R278 million)

Increase in EBITDA3

R2 432 million

(2020: R168 million)


Net cash generated from operating activities increased to

R1 156 million

(2020: R495 million)

Cash dividend declared for the year

22 cents per share

(2020: Rnil)


1 Total recordable injury frequency rate
2 Restated. The 2020 financial year data related to hours worked was corrected to align with reporting definitions. This impacted on the frequency rates
3 Earnings before interest, taxation, depreciation and amortisation

Icon reference

Positive performance or occurrence compared to prior year

No change in performance compared to
prior year

Negative performance or occurrence compared to prior year