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I'm Stephen Billingham. I'm Chairman of the board of Urenco. I'm pleased to be here for the results because this has been another a very strong financial and operational year for this company.\n\nI think, you know, that means that we'll be unable to continue to support our our partners around the business and continue to be, you know, supplier of choice for our customers and for a lot of stakeholders for the years to come.\n\nYou know, the nuclear sector has become far more important.\n\nIt's growing. We're investing, which Boris and Ralph will talk to you about later in our capacity program, and we are looking to develop advanced fuels and be a supplier of advanced fuels, which I think is a very important for the future of the industry. We're also expanding our nuclear isotopes business better support to better support nuclear medicine and other innovative applications of those isotopes.\n\nYou know, we've seen it as our duty to rapidly expand our capacity.\n\nIn all these areas, and we, you know, we can provide a more independent, secure, and geographically diverse supply of your regular original services, for civil nuclear power around the world, and we we, you know, taken that duty very, very seriously. And I think it's a credit to the all of the Urenco team that our response has been phenomenal in the last two years to actually make, you know, huge progress to deliver the important things that we can. Not for this cup, not just for the company and the stakeholders, but also the whole world, actually. And I think we recognize that out of the imports of Ewinca. Has that sort of business.\n\nI had with with this morning, Boris, who's our chief executive, Ralph Who's our CFO, and they will take you through our results presentation. So Boris.\n\nThank you, Steve. And good morning, once again, everybody, and also good morning, the ones who are joining online. Thank you for joining us today for our twenty twenty three annual result presentation here in person or as I already said, online by a video conference.\n\nAnd firstly, I'd like to go through some key highlights from twenty twenty three, and then I will share with you some details on the most important topics where we go with Liberty Pedro. As Steven mentioned, this will be then followed by our chief financial officer Submer. Off, running through our financial performance. And finally, I will share with you what we will be focusing on, in the year ahead.\n\nNow let me start with some highlights for twenty twenty three.\n\nPerfect.\n\nLast year, the importance and pace of Urenco's work increased significantly, I can say. We are receiving increased customer requests for our services and for long term contracts.\n\nLast year, our order book grew by thirty six percent and is now at fourteen point seven billion euro.\n\nClimate change goals and the need for energy security and diversity supply are creating opportunities for the nuclear industry and for us as a record.\n\nPrice levels have increased. All this is underpinning investment in our enrichment facilities under our capacity program. Remind you, this program is to refurbish and extend our production capacity to meet, midterm, and future demand in the market.\n\nIn twenty twenty three, we made our first set of announcements about our capacity program, extension project in the US, Germany, and the Netherlands will deliver in total one point seven million once completed.\n\nA wider refurbishment of our existing plans on all sides is already taking place, and other projects will most likely follow.\n\nRegarding our net zero efforts, we expect to reduce our scope one and two emissions, which are our operational emissions by ninety percent in absolute terms by two thousand and thirty. In addition, we will neutralize the remaining emissions.\n\nIt is our ambition to reach net zero overall, including our supply chain by twenty forty.\n\nLast year, we saw positive progress. Our scope one and two emissions fell by thirty point one percent against our baseline.\n\nYear of twenty nineteen, which leaves us on track to meet our targets.\n\nWe have had to focus on the procurement of low carbon electricity supplies to our sites.\n\nThis is being supplemented by solar installations, which are already in place in the US, and the Netherlands and other ones will follow.\n\nSafety is integral to everything we do at a record. I'm pleased to say that our employee and contractor safety performance improved in twenty twenty three from an already robust You can also say will also say world class position.\n\nOur financial performance was again strong and in line with expectations, revenue, and EBITDA.\n\nHave both increased, but more offset will come by rough at a later stage.\n\nTo to provide some context, I would like to discuss the market developments from twenty twenty three initially as an overview and then with a focus on particular geographies.\n\nThe market fundamental for nuclear have continued to gain considerable momentum due to the drivers of energy security and climate change. COP twenty eight was the most successful cop for nuclear today.\n\nTwenty five nations signed, applied to trip then click capacity by two thousand and fifty from twenty twenty two levels or from twenty twenty level. Sorry.\n\nThis demonstrates a global level that nuclear is on global level that nuclear is increasingly recognized as one of the solution to decarbonize our economies.\n\nIn twenty twenty three, more countries looked to nuclear energy, and countries with existing reactors extended their lifetimes.\n\nThe market for the next generation of reactors also continue to move forward, which will require new advanced fuels.\n\nThere are currently no sanctions on Russia providing services within the civil nuclear sector, including the nuclear fuel cycle. However, some countries are working to provide more policy certainty to enable investments in alternative supply.\n\nThis will give stability to customers and societies in how they realize energy security and climate change goals.\n\nLooking more closely at the US. In April, the US newest nuclear reactor Voga three was connected to the grid. VOGug four is expected to come online soon, I guess this year. While there are strong political ambitions for nuclear energy in the US, there's currently more focus on SMRs and MRRs rather than large scale nuclear. But some SMR projects are facing difficulties due to competition from other energy sources in the absence of consistent policy on CO2 pricing and no financial regulation. This is something that has to be solved.\n\nThat said, the inflation reduction act of twenty twenty two created a tax credit for the production of zero emission nuclear power.\n\nThis may improve the economics of existing nuclear power plants and could also provide additional support for nuclear new builds.\n\nThe nuclear fuel security act was also enacted authorizing the US department of energy to take various actions to port new domestic low enriched Iranian production and accelerate efforts to establish domestic high SA lowering enriched uranium or Hilu. We come back to that later, capability in the US.\n\nNow let's have a look at Europe.\n\nThe have been three major developments in the UK. The new government body, great British nuclear or GBN, launched and took on the responsibility of running the UK's small modular reactor competition to help bring these new reactors to market.\n\nGBN had a wider remit of supporting the government's ambition to deliver up to twenty four gigawatt of nuclear capacity by the year two thousand and fifty. And finally, the UK government also announced its own domestic high loop program at the end, at the start of twenty twenty four, as as you can imagine, we are in close negotiation with them on such a proposal.\n\nIn the Netherlands, The extension of the current Borsola reactor beyond two thousand and thirty three has gone to public consultation.\n\nAnd plants for two further power plants in the Netherlands are progressing.\n\nEl elsewhere in Europe, we can see that many countries have built on the momentum for nuclear in the last year. So this is really evident in France where the government has increased spledge for new reactors from eight up to fourteen reactors.\n\nOr Cohelo three, the largest nuclear power reactor began commercial operations in May. It will produce about fifty percent of Finland's total electricity consumption.\n\nIn Poland, several new nuclear reactors or nuclear projects received decision in principle from its government, and Westing hours has been named as one of the suppliers for the first.\n\nBelger agreed to extend the lifetime of two reactors by ten years, and Sweden opened the door to mourn nuclear energy by removing its limits. On the number of reactors that can legally be operated.\n\nAs for the rest of the world, support for existing and new nuclear is being demonstrated. Japan passed the law allowing its reactors to continue after reaching sixty years of operation.\n\nSouth Korea has restarted work on two new reactors in Canada, both large scale and small scale project. Have been made eligible for tax credits under a new clean energy scheme. And at Ranko, we have our first customer in Canada, Ontario power generation, as part of a small modular reactor project. This will involve enriching fuel for up to four Hitachi SMRs, in Ontario.\n\nThis last point on the previous slide shows we are making progress on developing advanced fuels to power existing and the next generation of reactors, including small modular and advanced modular reactors.\n\nWe are expanding our product portfolio to include uranium enriched from five to ten percent, so called LEU plus. And uranium enriched from ten to nineteen point seven five percent, which we call high SLAU or hydro.\n\nLEU plus can be used in existing nuclear power plants to optimize fuel cycles. Hylo is needed for the next generation of nuclear power plants.\n\nThere has a trick in that act problem to be solved. There is not yet a market for halo, but the first of a kind arm arsenal SMR project need their initial fuel loads. Both the UK and the US governments are currently discussing and potentially introducing Hilu programs to solve this problem. By the way, Russia is currently the only country which has a capability to produce significant volumes of Hilu.\n\nCustomer relations are also in this area evolving. And we are in negotiations with several customers about fueling their SMRs, our Mars reactors.\n\nThis all brings me now to the overall market forecast which we share every year with you. Compared to last year's forecast, we see once again an increase of around forty gigawatt by the end of the forecasted period.\n\nThis increase is mainly as you can also see on the slide that's a bit complicated to see it, but I think after a while you understand it, this is mainly within our established market and is therefore accessible for us.\n\nThis leads in total to a global increase of approximately one hundred and forty gigabytes from today to two thousand and forty.\n\nBy the way, the effects of the next generation of reactors or the political ambitions to triple, the capacity in some countries have not yet being taken into account in these productions.\n\nAs it is very still very difficult to foresee what marked potential these new technologies will have or these political ambitions will lead to. This is something we will have to investigate further, and that has to be included nor forecast in the coming years, and we are working on that.\n\nIn addition to our nuclear market forecast, which we are publishing each year, we are sharing with you the historic enrichment market price development. As you can see, as a separated work unit or swoo, market price for enrichment services further increase. However, what you can also see on this slide is that the price levels we have reached now are still below the escalated price levels from before for Kashima, which I think is also a very important message.\n\nSpot market prices were at one hundred and fifty US dollar per swoo and one hundred fifty nine US dollar per swoo by the end of December twenty twenty three, as reported by trade tech and UX.\n\nAnd as you can see on the chart, they continued they continued to slightly increase this year.\n\nTurning to our customers. We have fifty customers in nineteen countries, including new customer countries, Bulgaria and Canada. Where we signed contracts last year. Our revenue split on the pie chart that you see on the left side there shows how North America is still our largest market with Europe in second position. We had increased sales in Eastern Europe in twenty twenty three, I think, also a very important message.\n\nAfter a period of declining order book, we can report a second annual increase The increase for twenty three is for twenty twenty three is thirty six percent, as I already mentioned, taking the order book up to fourteen point seven billion euros with contract with new contracts stretching into the twenty forties.\n\nSo really long term over the book.\n\nWhen we look at our global production, we can see that our school capacity has slightly decreased as expected due to our aging fleet in twenty twenty three. And is now at seventeen point six million.\n\nThis is because during the period of market decline, we did not replace capacity as set up your address failed. However, this strategy has now been reversed, as you know, under our new capacity program.\n\nUrenco Netherlands has the highest capacity of five point one million SWU followed by Urenco USA with four point four million SWU. With this fleet and capacity, we can meet the customer's demand of today, and our capacity program will enable us to fulfill the future demands.\n\nHere you can see our offices in addition to our four enrichment sites. We are growing as a company with a momentum in the nuclear sector and opening new offices to ensure we can attract and retain talented employees and especially hire the engineers that we need for our programs. Therefore, we have opened last year a new small satellite office in Dallas, USA, so a new dot on the strat.\n\nFocusing on our capacity program in a bit more detail. We are refurbishing aging assets at all of our sites. To reverse declining in suit that would naturally occur as individual centrifuges reach the end of their technical lifetime.\n\nWe are also extending the life of several assets past their originally planned decommissioning dates. Major My stones have been achieved in twenty twenty three, especially at our UK Capender site where lifetime extension project of our E twenty three plan was completed. And where we set up the lifetime extension project of our oldest plans E twenty two and a three, which are currently ongoing.\n\nIn addition, we are extending our footprint via the addition as I already said of new capacity that leverage existing infrastructure.\n\nAs already mentioned, we announced the start of extension product with opacity in total of one point six million through across those three sites. I call three of our sites.\n\nFinally, we are also in the early stages of thinking about more greenfield project in case we see that future demand requires that from us. We are prepared for such a development.\n\nComing to our sustainability progress for twenty twenty three, safety is our top priority and our safety performance improved last year. We published our first net zero transition plan also an important milestone demonstrating in an open and transparent way how we will reduce emissions across our business.\n\nWe also maintained the score for our climate change work under the carbon disclosure project. For the second year running, we achieved a B score.\n\nOur ESD rating under Morgan Stanley Capital International rose to an A.\n\nThis is a good indication of our progress on environmental social and governance matters.\n\nWe also disclosed our climate risk and opportunities following the recommendation of the task force on climate related financial disclosures.\n\nOur annual report contains a statement on this.\n\nAnd our total social impact spend was at one point eight six million euro as we invest as we invested in additional partnerships with charitable organizations.\n\nLooking more closely at safety, we have proved our total recordable injury rate through engagement with our supply chain and global focus on safety culture and performance. This will continue this year.\n\nYou can see from the graph that we compare favourably with other sectors, including oil gas, and we almost halved our total recordable injury rate compared to twenty twenty two with seven recordable injuries resulting at a total recordable injury rate of zero point two four eight, which is world class, and we I can tell you we are really proud on this.\n\nSwitching to focus on our operational emissions, the scope one and two emissions. I mentioned earlier that we are aiming to reduce these emissions in absolute terms by ninety percent by two thousand and thirty, as well as neutralizing the remaining emissions. By the way, Both of these targets have been recently, externally verified by the science based target initiative.\n\nSo we are following a science based approach.\n\nAs the graph shows, we are on track to do this on and overall are thirty point one percent below our baseline year of twenty nineteen. On the scope one and two emissions. For scope three emissions or supply chain emissions, they have increased against the baseline. This is largely the result of our change in our business strategy to meet increased demand for Iranian enrichment services.\n\nWe expect our scope three emissions to be reduced as our work ramps up with our supply chain to identify further where emission savings can be made. We are already working with some of the highest emitting suppliers to tackle this topic.\n\nNow let me finally come to our other businesses. Uranium enrichment is, of course, our core business. However, we have a number of valuable associated services we offer.\n\nOur stable and medical isotope facility in the Netherlands provides products for medical research and industrial purposes.\n\nSo construction of our second multipurpose cascade named Blace Pascal is progressing well, and it will go online in early twenty twenty five.\n\nThe volume of our annual stable isotope sales is equivalent to approximately two million patient treatments being performed using medical radio isotopes produce from our products.\n\nUrenco nuclear stewardship is our center of excellence for the environmentally responsible management and storage of waste, including recycling and decommissioning services.\n\nBy the end of twenty twenty three, UNS has delivered in total over the years, two hundred million of decommissioning activities, two hundred million pounds of decommissioning activities for the nuclear decommissioning authority at our capenhurst site. UNS is now focusing on the developing concepts for the decommissioning of our old centrifuges taken out of our plans. This work will be crucial to our refurbishment programs.\n\nOur Tate's management facility in the UK manage the byproduct of the enrichment process by deconverting UF6 to uranium oxides, so it can be safely stored longer term for final disposal.\n\nThe ramp up of the TMF plant is still ongoing, but made substantial progress last year with both kilns being in operation.\n\nHaving said that, I would like to hand over to Ralph for a more detailed look on the financials.\n\nYeah. Thank you, Boris. And, good morning, ladies and gentlemen.\n\nI would also like to extend a warm welcome to all of you.\n\nAnd we would like to thank you once again for your continued support to Urenco, and we greatly appreciate our cooperation.\n\nLet me remind you as I always do at this time of the year that there is a full version of the annual report twenty twenty three now available on our website.\n\nI will first take you through, the main highlights of our twenty twenty three financial performance.\n\nWe start with a quick overview of twenty twenty three compared to twenty twenty two on this page. And we will go into more detail on each line item during the remainder of my presentation.\n\nLet me reiterate.\n\nThat twenty twenty three has been another year of solid operational and financial performance for Urenco.\n\nDespite continuing volatility in the geopolitical and macroeconomic environment.\n\nRevenue and EBITDA increased year on year, although net income decreased.\n\nMargin performance reduced slightly year on year with EBITDA margin being impacted by an increase in the underlying costs of inventories and higher staffing costs.\n\nNet income margin was slightly lower resulting from higher depreciation charges in twenty twenty three, following the impairment reversal we recognized in twenty twenty two.\n\nOur capital expenditures increased to two hundred and eighty two million euro compared to hundred eighty four million euro in twenty twenty two. As investment for our capacity program accelerates.\n\nCash flow continues to be very strong, with over one billion of cash generated from operating activities, which has resulted in a net cash position of one billion and thirty two million euros at the end of twenty twenty three.\n\nAnd as you know, our performance is very much driven by the strengths of our order book, which as Boris mentioned, increased by thirty six percent during the year to fourteen point seven billion euro.\n\nSo let us now take a look at our three key performance metrics in one overview.\n\nRevenue, EBITDA, and net income.\n\nSo revenue increase nearly twelve percent in twenty twenty three, primarily as a result of higher realized prices, and high uranium volumes sold.\n\nJust as a reminder, SWU is the acronym we use in our industry for a unit of operative work, which is Urenco's core revenue driver.\n\nEBITDA remains strong at eight hundred eighty seven million euro, which is an eight percent increase year on year.\n\nI will get back to as to what were the main drivers for this increase in EBITDA a little later.\n\nDespite the increase in EBITDA, EBITDA margin reduced to forty six percent.\n\nNet income fell slightly from two eighty five million euros to two hundred seventy million euros.\n\nSo on this slide, we bridge our twenty twenty two revenues to our twenty twenty three revenues for you.\n\nFirst of all, from left to right on the page, The R. D. Pricing effects are realized SWU and uranium prices increased year on year. Which drove the increase in like for like revenue against the prior year.\n\nSecondly, the RD volume effects with higher uranium deliveries to customers more than offsetting, a reduction in food deliveries.\n\nThirdly, There's deferral of revenue in accordance with IFRS fifteen, which is the applicable accounting standard for revenue recognition, was lower in twenty twenty three than in twenty twenty two.\n\nAnd finally, the revenue from our stable isotopes and non enrichment businesses decreased ever so slightly in twenty twenty three.\n\nSo EBITDA was up nearly eight percent year on year and reached eight hundred eighty seven million euro in twenty twenty three.\n\nThis increase is driven by a combination of factors.\n\nFirst of all, as already explained, there's the positive impact from the additional revenue for the year.\n\nThis positive impact was to a certain extent offset by the increased cost of production and higher inventory costs.\n\nOperating costs also increased due to inflation, hat count growth, and increases in transportation costs associated with the higher volumes shipped during the year.\n\nFinally, although the cost of tails, which is the by product of the enrichment process increased due to inflationary pressures.\n\nThis has been more than offset by a reduction in the overall nuclear provisions which reduced due to the use of higher discount rates.\n\nEBITDA margin reached forty six percent in twenty twenty three versus forty eight percent in twenty twenty two.\n\nAs we continue to invest in the business for the medium to longer term growth opportunities, we are targeting increased EBITDA margins.\n\nIn future periods.\n\nThis slide shows you the year on year development of our net income before and after exceptional items.\n\nNet income for twenty twenty three came in at two hundred seventy million euro.\n\nOperating income in twenty twenty three was lower by two million euro.\n\nHigher EBITDA of sixty two million euro and an increased result from my joint venture ETC amounting to twenty one million euro were offset by higher depreciation charges which increased following the reversal of impairment against our US assets recognized in twenty twenty two.\n\nThis impairment reversal was booked as an exceptional item in twenty twenty two, which you can see on this slide had a positive impact on that income of eight hundred eighty eight million euro.\n\nThere were no exceptional items in twenty twenty three.\n\nNet finance costs were higher while taxation was lower, and I will get back to taxes and net finance costs on the next pages.\n\nOur tax charge in twenty twenty three was seventy nine million euro compared to eighty nine million euro in twenty twenty two before exceptional items.\n\nIs resulted in an effective tax rate of twenty three percent.\n\nThis reduction in tax charge was primarily driven by lower accounting profits and favourable movement of foreign exchange excluded from tax under UK disregard regulations, partially offset by a change in profit split among the countries in which we operate each with their own corporate tax rates and tax regimes.\n\nOur cash tax paid in twenty twenty three increased to eighty two million euro from eighty million euro the year before.\n\nThis reflects the timing and phasing of tax payments, which can span multiple years.\n\nUrenco continues to be a significant taxpayer in Europe.\n\nOn this page, you can see that our net finance charges increased from seventy million euro in twenty twenty two to ninety three million euro in twenty twenty three.\n\nThere has been an increase in non cash finance charges from the unwinding of discount rates on our increasing nuclear provisions.\n\nWhich is a consequence of higher interest rates.\n\nWe are capitalizing less interest as the tails management facility is now operational underlying that interest charges, which is the two top blue part of the graphs, reflects interest on our bonds and associated currency swap costs.\n\nWe benefited from higher interest income being earned on our cash balances, and the funds invested in our US nuclear decommissioning trust which we established in twenty twenty two supported by higher interest rates.\n\nOur key credit ratios are FFO to TAT and EBITDA to interest cover, both of which remain very healthy as you can see.\n\nCash generated from operating activities remained very strong. And was greater than one billion euro.\n\nSo how do we use the cash flow? First of all, we continue to invest in the business.\n\nAnd spent two hundred seventy eight million euro on CapEx.\n\nWe'll get back to CapEx in a minute.\n\nWe paid nine million euros in net interest charges.\n\nAs I mentioned, taxes paid during twenty twenty three amounted to eighty two million euro and dividend payments to shareholders amounted to three hundred million euro.\n\nSo as a consequence of all these cash inflows and outflows, we successfully increased our net cash position from six hundred twenty seven million euro at the start of the year to a billion thirty two million euro at the end of twenty twenty three.\n\nSo what did our CapEx profile look like in twenty twenty three?\n\nOur total expenditure increased from hundred eighty four million euro in twenty twenty two to two hundred and eighty two million euro in twenty twenty three.\n\nDuring the year, our board approves investments in the USA, the Netherlands, and Germany, which in total will add one point six million of additional store capacity in the future.\n\nFurthermore, we have increased investments at our sites in the UK and Germany to maintain our existing capacity.\n\nDuring the year, the increased capital expenditure represents additional purchases of centrifuges expansion activities in the USA in Germany, and preparation for expansion projects in the Netherlands.\n\nCapital expenditure will continue to increase as we deliver these projects and additional projects continue to be considered for future investments.\n\nCapital expenditure to maintain our existing enrichment assets remains at a sustainable level.\n\nWe now take a look at our financial debt.\n\nYou can see that we have managed to reduce our net debt year after year.\n\nIt picked that two point eight billion euros at the end of twenty fifteen.\n\nAnd currently, we continue to hold more cash and short term investments than external debt.\n\nThe majority of our financial debt is borrowed from the bond markets under our EMTN program.\n\nWith one bilateral loan still outstanding.\n\nThere are two Eurobal tranches outstanding.\n\nFive hundred million euro due at the end of this year and five hundred million euro due in two thousand and thirty two.\n\nAll of our debt is fixed in terms of interest rates, and the currency mix is roughly one thirty US dollars and two thirds in euros.\n\nWe had cash and short term investments of two billion and hundred eighty six million euro at the end of twenty twenty three.\n\nIn twenty twenty two, we established a nuclear decommissioning trust for our US subsidiary LES, which held investments worth four hundred ninety one million euro at the end of twenty twenty three.\n\nWe are required to provide financial assurance of decommissioning entails costs at our new Mexico site to the US regulator, and this contribution allows a reduction in the use of other financial assurance instruments.\n\nWe have a five hundred million euro revolving credit facility with ten banks, we extended the majority to twenty twenty eight, and the facility was ondraw on the Jirut.\n\nOur stellar than poor's credit rating increased to single a minus.\n\nAnd Moody's continued to rate us at BAA one.\n\nI finally point out our financial policy, which is protective of our triple b plus BAA one credit ratings.\n\nIn line with this policy, we will pay dividends of hundred fifty million euros to shareholders this month in respect of twenty twenty three, after we paid an interim dividend of hundred fifty million euros in October twenty twenty three.\n\nThis concludes my overview of the twenty twenty three financial results, and I'd now like to hand back to Boris.\n\nThank you, Ralf. And, yeah, let's finally, ladies and gentlemen, come back to the outlook.\n\nI would like share with you what we will focus on in the coming years. This is well described in the strategic directions and ambitions, which we have which have been refreshed in line with the evolving opportunities, last year for our business.\n\nFirst, As a trusted globe partner, we want to be a reliable strategic partner for customers, governments, and societies. That is, I think, a very important Second, being safe and reliable op operator is of very high importance for us. That's why we want to be a dynamic learning and responsible nuclear organization with world class safety and reliable reliability in mind at all times.\n\nThird, having engaged in accountable teams at Urenco will help our place of work become more inclusive, inspiring and empowering for our employees.\n\nPoise, and this cultural topic is a foundation of our strategy.\n\nForce expanded and sustainable assets will ensure we deliver for our sustainability and net zero goals and meet the growing nuclear fuel demand.\n\nFifths, We also want to deliver industry leading innovation. Therefore, we will innovate and develop focused opportunities that strengthen and expand our business.\n\nLet me just repeat. We don't do that very often. Our purpose vision and mission. It's about enriching the future with carbon free energy for sustainable natural world by delivering trusted and innovative nuclear services and solutions.\n\nTo summarize, our performance from twenty twenty three. And where we are heading next, we believe Urenco has a valuable role to play in helping to achieve climate change goals and security of supply globally.\n\nThese are the two main drivers for our business that are bringing momentum to the whole industry.\n\nOur customer base and order book are growing. And the strong demand for enrichment services is expected to continue.\n\nWe will need market needs for the mid and long term through our capacity program, implementing both refurbishment and extension product at our sites as we fired. We are committed to achieve net zero by two thousand and forty and reducing in absolute terms our operational emissions by ninety percent by two thousand and thirty.\n\nWe will use our experience in innovative and related areas for the development and construction of high SLU facility.\n\nFor meeting the growing demand for stable and medical isotopes and for exploring further nuclear stewardship activities. Overall, We are optimistic about the prospects of our industry and the value of a role we can play as part of it. Thank you very much."}],"embed_options":{"volumeControl":"true","fullscreenButton":"true","controlsVisibleOnLoad":"true","playerColor":"54bbff","bpbTime":"false","plugin":{"captions-v1":{"on":"true"}},"anonymizeIp":true,"vulcan":true,"stillUrl":"https://embed-ssl.wistia.com/deliveries/86957b3861c5f9578d834ba97d1541be.png","unalteredStillImageAsset":{"url":"https://embed-ssl.wistia.com/deliveries/86957b3861c5f9578d834ba97d1541be.png","width":"1920","height":"1080"}},"embedOptions":{"volumeControl":"true","fullscreenButton":"true","controlsVisibleOnLoad":"true","playerColor":"54bbff","bpbTime":"false","plugin":{"captions-v1":{"on":"true"}},"anonymizeIp":true,"vulcan":true,"stillUrl":"https://embed-ssl.wistia.com/deliveries/86957b3861c5f9578d834ba97d1541be.png","unalteredStillImageAsset":{"url":"https://embed-ssl.wistia.com/deliveries/86957b3861c5f9578d834ba97d1541be.png","width":"1920","height":"1080"}}},"options":{}};