Origin’s FY2021 financial performance reflected a strong operational position against the headwinds of volatile commodities markets for electricity, natural gas and oil. Our purpose: Getting energy right for our customers, communities and planet, guided us over the past 12 months to ensure we could provide affordable and reliable energy to our customers.
Half And Full Year
This year we continued to deliver on our three-year Modern Slavery Maturity Plan, developed in FY2020. This plan focuses on building our understanding and capabilities, improving our policies and processes, and enhancing engagement with our suppliers.
Origin Energy Limited (Origin) has announced a statutory loss of $2,291 million for the full-year ended 30 June 2021, primarily comprising $2,247 million of non-cash charges including impairments and a deferred tax liability.
As a signatory to the Board of Taxation’s voluntary Tax Transparency Code, this year we have published our fifth Tax Contribution Report.
Origin Energy Limited (Origin) today announced a statutory profit of $13 million for the half-year ended 31 December 2020.
We are committed to providing a high level of transparency in relation to our approach to tax.
In response to significant challenges in FY2020, we focused on maintaining reliable energy, keeping our people safe, and supporting our customers and communities. Our underlying business performance continued to improve across the year, allowing further debt reduction and distributions to shareholders.
Origin Energy Limited (Origin) today announced a Statutory Profit of $83 million for the full year ended 30 June 2020, reflecting stable underlying profit of $1,023 million and year-end impairments and adjustments primarily driven by revised oil and LNG price assumptions over the medium and long term.
We have released our first Modern Slavery Statement and recognise our responsibility to help eradicate modern slavery.
As a signatory to the Board of Taxation’s voluntary Tax Transparency Code, this year we have published our fourth Tax Contribution Report.