2019
Annual
Report

We’re delighted to present the 2019 Bathurst Annual Report to you. With record financial results and a maiden dividend, it’s been an excellent year. And we are excited to release this brand new online version of our digital Annual Report. This online version has been created to be more user friendly, allowing readers to easily move between areas of interest, and information to be presented in a more visually appealing way.

Chairman’s and CEO’s report
Toko Kapea and Richard Tacon discuss the significant increase in our results, which included a full 12 months of BT Mining operations.
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2019 highlight

Record
financial results

NPAT $45.0m

2019 highlight

Maiden
dividend
of
AUD $5.1m
(AU 0.3c per share)

2019 highlight

EBITDA*
$106.6m

*Earnings before net finance costs (including interest), tax, depreciation, amortisation, impairment, fair value movements on derivatives and deferred consideration, and movements in rehab provisioning.

2019 highlight

Excellent
health and safety standards
Financial and
operating overview
We’re delighted with our record financial results for FY19 – as New Zealand’s leading coal producer we’ll continue working hard to improve on this success.
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Our export business
Snapshot - EBITDA $67.4m
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Operating highlights by site Read more
Our domestic business
Snapshot - EBITDA $39.2m
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Sustainability: What does it mean to us?
Sustainability isn’t just a by-product of everything we do at Bathurst – it’s baked into our DNA.
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Governance material topics Thinking ahead: preparing, planning, and delivering Read more
Environmental material topics Managing our
impact on air,
water and land
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Case study
Oparara bird sanctuary
Enhancing bird life in the Oparara Bird Sanctuary with intensive predator control.
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Health and safety material topic Our world-class
people, processes,
and promises
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Case study
Awaroa stream diversion
We’re proud to have created a new fish habitat in the reconstructed Awaroa Stream to minimise aquatic ecology losses.
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Socio-economic material topics How we operate within and support our local communities Read more
Directors' report Download report 455kb
Shareholder information Download information 376kb
Meet the board Read more
Remuneration report Download report 577kb
Resources and reserves Download report 700kb
Senior leadership team Read more

Financial statements

Revenues indicated above are 100 percent Bathurst and 65 percent BT Mining

It’s been a record year for Bathurst Resources as we remain New Zealand’s leading coal producer. FY19 saw EBITDA up 14 percent from FY18, an increase in net profit after tax of $39.5m and a maiden dividend of AUD $5.1m to our shareholders.