Credit Metrics

Gross Debt (reported – inclusive of fair value adjustments) A$m398.5388.6404.5757.4883.9
Cash and cash equivalentA$m181.9166.7137.3223.5327.5
Net DebtA$m216.7221.9267.3533.9556.4
Net Gearing%26%26%26%27%28%
EBITDAA$m126.5135.8177.4415.7 ¹443.8
Net Leveragex1.7x1.6x1.5x1.3x1.3x
Net InterestA$m32.129.028.848.0 ¹52.1
Interest coverx3.9x4.7x6.2x8.7x8.5x

¹ Figures are proforma underlying figures which include 100% of Barminco and AUMS, exclude amortisation and any non-underlying items. Please refer to FY19 Investor Presentation lodged with the ASX on 29 August 2019.

Credit Metrics • Net Leverage
Credit Metrics • Interest Cover