Atlas Iron has posted a full-year net loss to $159 million

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Underlying EBITDA of A$74M (FY2015: loss of A$51), of which A$54M was earned in a strong H2 FY2016
Record exports of 14.5Mt in FY2016 (FY2015: 12.2Mt), of which 7.6Mt was exported in the
second half of FY2016 (H2 FY2016)
Revenue up by 9% to A$786M (FY2015: A$718M) of which $413M was earned in H2 FY2016
Average FY2016 realised price of A$55.47/ WMT CFR (FY2015: A$59.96/ WMT CFR)
Full cash costs down by 24% to A$52.59/WMT (FY2015: A$68.95/WMT)
C1 costs down by 25% to A$34.39/WMT (FY2015: A$45.74/WMT)

Cash flow from operations for year of A$31M (FY2015: cash outflow of A$67M)
Non-cash asset impairment & write downs of A$101M (FY2015: A$1,077M) have contributed to a statutory loss of A$159M (FY2015: A$1,378M)



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