Company – Scrape Financial
Risk Factors Summary

Risk Factors Update Summary

  • Coal sales by volume decreased from 32% to 26% in 2023, impacting revenue.
  • Cash backed bank guarantees decreased from $275.1 million to $9 million in 2023.
  • Revenue from coal supply agreements decreased from 28% to 25% in 2023.
  • Outstanding surety bonds decreased from $1,376 million to $139 million in 2023.
  • Number of employees decreased from 5,500 to 400 in 2023, affecting labor relations.
  • Deposits with regulatory authorities decreased from $569 million to $276 million in 2023.
  • Hourly employees decreased from 4,300 to 200 in 2023, impacting coal production.

Full Text Changes in Most Recent 10-K

Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.

To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=1064728&owner=exclude

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