Financial Highlights

GROUP

US$ million FY2022 FY2021
Revenue from sale of crude oil 170,259 158,444
Adjusted EBITDA EBITDA# 61,654 110,177
Profit for the year, net of tax 353 78,939
Total comprehensive (loss)/income for the year, net of tax (4,704) 79,972
Loss)/earnings per share (US cents) (0.08) 5.16

Press Release:
Rex reports increased revenue, strong EBITDA and cash position in FY2022

Announcement:
Condensed Interim Financial Statements For The Six Months And Full Year Ended 31 December 2022


US$'000 31 Dec 2022 31 Dec 2021
Non-current assets 427,964 349,985
Current assets 240,594 193,175
Total assets 668,558 543,160
Non-current liabilities 336,169 285,234
Current liabilities 143,906 58,671
Total liabilities 480,075 343,905
Net asset value ("NAV")* 188,483 199,255
Total equity 188,483 199,255
NAV per share (US cents) 14.47 15.30


# Adjusted EBITDA = Earnings - depletion of oil and gas properties - amortisation of intangible assets - taxes - interest expense and income - impairment losses on exploration and evaluation assets
* Net asset value as disclosed above includes non-controlling interests.