New Hope : Annual Report 2022

2022ANNUALREPORT

CONTENTS

2022 Highlights	02
Chairman's Review	04
Chief Executive Officer's Review	06
Favourable Market and Pricing Dynamics	08
Our Operations	10
Directors' Report	12
Auditor's Independence Declaration	51
Tax Contribution Report	52
Sustainability Report	54
Financial Report	72
Directors' Declaration	141
Independent Auditor's Report	142
Shareholder Information	146
2022 Resources and Reserves	148
Corporate Directory	152

Acknowledgement of Country

New Hope Group acknowledges the Traditional Owners of Country throughout Australia and First Nations people in the locations in which we operate our business. We pay our respects to Elders past and present.

OUR VISION

Energising our People, Communities and Customers.

To deliver long-term shareholder value through responsible investment, marketing and asset management.

OUR VALUES

Integrity

We are ethical, honest and trusted to do the right thing.

Wellbeing

We all seek to prevent harm, promote safety and enhance health.

Respect

We listen and treat others as we expect to be treated.

Responsibility

We are empowered and accountable for our actions.

Resilience

We are adaptable and see opportunity in change.

Collaboration

We work together and focus on the best outcome.

NEW HOPE GROUP 2022 ANNUAL REPORT 01

2022 HIGHLIGHTS

FULL YEAR	TOTAL SHAREHOLDER	UNDERLYING EBITDA
DIVIDEND	RETURN	(BEFORE NON-REGULAR ITEMS)1
86c	147%	$1,577MILLION
PER SHARE		330% INCREASE
CASH GENERATED	REALISED	NET
FROM OPERATIONS	COAL PRICE	ASSETS
$1,139MILLION	$282/ TONNE	$2,316MILLION
285% INCREASE	178% INCREASE	32% INCREASE

02 2022 ANNUAL REPORT NEW HOPE GROUP

OPERATIONS	DIRECTORS'	TAX CONTRIBUTION	SUSTAINABILITY	FINANCIAL	OTHER
REVIEW	REPORT	REPORT	REPORT	REPORT	INFORMATION

SAFETY:						GOVERNMENT				SPONSORSHIPS
TRIFR2						CONTRIBUTIONS				AND DONATIONS
2.61					$626MILLION			$1.03MILLION
52% IMPROVEMENT				353% INCREASE					206% INCREASE
450	THERMAL COAL PRICES														gc NewC
400	(US$/t)
350
300
250
200																						API-5
150
100
50
0	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug
	21	21	21	21	21	21	21	21	21	21	21	21	22	22	22	22	22	22	22	22

1. Underlying Earnings before Interest, Tax and Depreciation and Amortisation (EBITDA) is a non-IFRS measure, and has not been audited by Deloitte.
2. Total Recordable Injury Frequency Rate - total injuries recorded per million hours worked.

NEW HOPE GROUP 2022 ANNUAL REPORT 03