Earnings release
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ERA Energy Resources of Australia Ltd Head office Level 3 , Energy House , 18-20 Cavenagh St , Darwin NT 0800 GPO Box 2394 , Darwin NT 0801 , Australia T +61 8 8924 3500 F +61 8 8924 3555 Ranger mine Locked Bag 1 , Jabiru NT 0886 Australia T +61 8 8938 1211 F +61 8 8938 1203 www.energyres.com.au ABN 71 008 550 865 A member of the Rio Tinto Group ASX Announcement 27 July 2021 • • • • ERA ANNOUNCES JUNE 2021 HALF YEAR RESULTS Energy Resources of Australia Ltd ( ERA ) produced uranium from stockpiled ore of 34 tonnes , before production ceased on 8 January 2021 . Net loss after tax of $ 5 million , which reflects lower sales volumes and long term sales contracts coming to an end in 2021 . Cash outflow of $ 13 million from operating activities and $ 70 million spent on rehabilitation activities for the first half of 2021 , resulting in total cash resources of $ 725 million . Key rehabilitation activities in the first half of 2021 included the completion of bulk dredging works at the Tailings Storage Facility ( TSF ) . Rehabilitation provision of $ 656 million at 30 June 2021 . June 2021 $ 000 June 2020 $ 000 Cash flow from operating activities -150 % to ( 12,734 ) 25,329 Revenue from sales of -68 % to 53,470 168,161 uranium oxide Revenue from ordinary -66 % to 60,206 176,465 activities Profit / ( Loss ) from -106 % to ( 2,448 ) 38,469 ordinary activities before tax attributable to members Profit / ( Loss ) from -113 % to ( 5,265 ) 40,215 ordinary activities after tax attributable to members Net Profit / ( Loss ) for the -113 % to ( 5,265 ) 40,215 period attributable to members Earnings per share -107 % to ( 0.1 ) 1.5 ( cents )