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What was Mineral Resources Limited’s (MIN) EBITDA for the last financial year, ie, FY20, and what...

What was Mineral Resources Limited’s (MIN) EBITDA for the last financial year, ie, FY20, and what is meant by EBITDA?

https://s3-ap-southeast-2.amazonaws.com/assets.mineralresources.com.au/app/uploads/2019/10/09081031/2019AnnualReport02156834.pdf

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Answer #1

The annual report you have provided is FY19. So, calculated EBITDA for FY19

EBITDA means Earnings before Interest Taxes and Depreciation & Amortization. This is Operating profit of the company, arriving at the operating revenue-Operating expenses.

EBITDA 2019=Revenue-(Raw materials and consumables-Changes in closing stock+Equipment costs+Subcontractors+Employee benefits expense+Transport and freight+Other expenses)

=1,511,975-(165,555-60,364+60,248+106,574+278,141+431,742+152,323)

=1,511,975-1134219

=377,756 (In Thousands)

EBITDA=377,756,000

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