Bluescope Steel Limited · ASX:BSL
Bluescope Steel — Shareholder Meeting (October 2004)
89 slides from Bluescope Steel's shareholder meeting presentation, Oct 19, 2004
Slide 1: Mee
Mee Cy LY nea . LE Le . J I yyy emenonsey Le ay . fy y Ey CD LL ERE Wye LEE Ye i Le Ly Le AM I Vy iy y s I Oe ey gee wy Ly ee EG eae Le i og Li Sha i as Lay MARA oy Vy a) Lice Ui Ly Le, Lee LU es y MO ey Ls ig ont ey Mee ye i Ue ee OE ee Ue ye a Rae
Slide 2: ED ME
is Pa Pi ee ED ME pee Te ie ye eis Oy hae VL ee sy) LE ene opp ness coupe ay ey he yy) Ly ye, ys Lay Le Vie y Ue A LEE, Le li YL ey Ce E ey Yi) ie ok) oh oh) rah mY as ssa pey Le ees me TI ee ie Cy LL LE ee es y Ly, YY, ie iy y i oy eee Yay - SER, yy ii i: i i; i i, Re: Fas ye OE y Ue ee Z gj oe Z a
Slide 3: muesmmsyy ine
muesmmsyy ine Le wee PLY GLEE ee YU a ee is YL i Ee. YU a YY LI LOL LEE IL YM I I I LU ae DET EL OB ie po Re: Wie. pusurpsso TAG 7 Le ee i Lye eye Ce A ee) de, LY a Ue vy, By Fig i SES SAI Lee yee LE fos es Be J ue J z ae ae Rose : ae y siecle pot spammy Aas Eee ae Le We Lee pe ee ae os ee oe f ye z
Slide 4: Slide 4
Slide 5: wiper
Vg al wiper Lee Vee yi, Li ie Ly LI yy. yee a, oo LUNE ee ee Fe, Poe Li ae yi, VI YY YU ee ye ee GLE VR ey YE ay, ee Wy gy Uy fe EGE) Lp Le: i, Ls WE SUE Mee snipe LESTE Is 2 Ly | ey Z Ua ee Oe yy Lee yee Le EON Ona he Cae, y iE Lye BEET, Ge LO ee LE Tr Wi Ye, Ye Ve Ye Zz yf is es es ay) Wee ca LL
Slide 6: Vig
Vig ae py ag Cy es i YT yy, Tp capri apy Oe << Ly y se Lo Oe yy CTE ey YY ye Wy Ve Bee iy YY Ie y LE ETE IME IY Ue Ye LG Ve y g y YY, ey, ER ey ee ye ey, ey: i Lie ee Ges i ae Ge LUE OE GI Le ee Dy ae ss ye eee, f Tee y) bin oP Pet seed Ae eee eee i RO aay us . LL or ET ee is y ie iy y i oy eee Yay
Slide 7: ip fee ke ye io
ip fee ke ye io Cn 0 2 P f A vy P ii eee f i i y ye is 5 iy Be i Ass is 3 7 Pon » » 2 Q are ea Parfo 9 fs o a a U4 en U4 Z ay / | / ze Ey i a eg a, Si —_ ae 9 - 5% 4 e aa: Yo : so ily Z oo fe aS Be oO)
Slide 8: fate, i) ee pie es Hs tie ee aah:
fate, i) ee pie es Hs tie ee aah: r ty i e my . a of my z iL 7 . ] y | Z Le | 7 / Ay qs BAS iG es ys i Me - om id A Wo 0 * a a a be Be U ep U4 i fo Ue SS | Le j is wry iB) ie iy me ~ ep i iB Bo BUA AX ieee: Ase ay ay Bag Soe | phere % ee Peery
Slide 9: Hes
pe Hes
Slide 10: Waser
Waser fey ay
Slide 11: i y iy iy
iy L ie i y iy iy Y Yi, 4 oo y ihe ee Hee Venus Les iG i 4 a i if as i Gon 4 ay y ee Si) 6 i yy LED ye We Ly te ay A | | wv, - te si Co ee: ee Agee Based te f in tae
Slide 12: p ag i |
p ag i | TOp G0 compen be PGGbGeeiee. =
Slide 13: Slide 13
Slide 14: - = = : ~ md r “a Ss . we Re \ e
- = = : ~ md r “a Ss . we Re \ e 3 = ot < ea 8, a <2 ss = SAN vs rn : 22 << cea = SS =< Ss LES . : > > =
Slide 15: Y. < o. = o —) “ =] = = aoe i) w” =!
Y. < o. = o —) “ 4 =] = = aoe i) w” =! Lhe lu = w oma <= = = _ << = cc iid e = Pa <<
Slide 16: Slide 16
Slide 17: We welcome about 4,400 people
ANE WE WELCOME BUT ~ 4,400 PEOPLE AND Wiiaiti Winall ini mtn Gn \ ie a,
Slide 18: Slide 18
Slide 19: Hise
Me Hise ty ym Pim Hi inept i OT LL Ee i ee Ce A LL oe yi Ryo spies, Vie ji : sone ae YU ley BL a TS LE TE ae Se A eae Daye: Ye La OAL Ve Yi TGs LO YES eg a yA L i YY A yy yt haat Pemetesenti We EE Bi es YY ee ie Ley Ly es : ; : y Be oy yy ii i: i i; i i, Re: Fas ye OE y Ue ee Z gj oe Z ae oe Z oe ae
Slide 20: EGE
EGE ws Me Hise canary . De UL Uh Le ) i ee ees Vee i ae OO Yel oes: ee LODE DUE ey) Do ee YM ee PI Med Ye ee LM Ee Ye eis LE CE yyy LTE ie iy y i oy eee Yay - SER, yy ii i: i i; i i, Re: ye Fas OE ie EE GEES y Ue ee Z gj oe Z ae oe Z oe ae i Z He Z f Rae aoe e g oe Nos b b G G ib A bi
Slide 21: wiper
Vg al wiper Lee Vee yi, Li ie Ly LI yy. yee a, oo LUNE ee ee Fe, Poe Li ae yi, VI YY YU ee ye ee GLE VR ey YE ay, ee Wy gy Uy fe EGE) Lp Le: i, Ls WE SUE Mee snipe LESTE Is 2 Ly | ey Z Ua ee Oe yy Lee yee Le EON Ona he Cae, y iE Lye BEET, Ge LO ee LE Tr Wi Ye, Ye Ve Ye Zz yf is es es ay) Wee ca LL
Slide 22: epyipine nica
eG eo epyipine nica Ya Le ee Lea LSU Vee UY i Ee, Lee yp esy ye Lay GED i Ve Lg ee Yay nis ye SI ea ioe oe, Li ae Hy YY yy yy ey, ey Ce tie LI UE ee | Ley ye LR yi aeos ey a Py, i WE SUE Mee a wy, Hs URI Ay hice Oe, ee Gis Dre ee Le, vie ee Vy Ty Wee is
Slide 23: Slide 23
Slide 24: ii i: i i; i i, Le OME EE se ips i" Mi ee
ii i: i i; i i, Le OME EE 7 se ips i" Mi ee ee LEV Le ML NOM Ie LG on Le i Z a) is LAGE fe Basie ye OE Re: Fas Yrs LY Ye EGR LUO EE UE ie ee is
Slide 25: id Cay taty Ke . y y
id Cay taty Ke . y y a ie u / y 7p tes Ne _ L 7D r - A” a V. ) Sd) i LA € Z & f | p f | / ae : / : C | ) 4 oy Z be ee vy 7 a e DOIaSCO (© (eV ) NAL io Spek (Te c / : A : | Ll PAV ws ie ie yy 7 y ; herd oo} P Z 7 U5 ie Bs /
Slide 26: Return on net assets contour
Return on net assets contour “a, en, Tae DOFECOD 7 oe RuUKKi Nippon® OneSteel @ Smorgon® Arcelor rs Corus rs 2.20 at as a eee annual oon com BU is Earmings beiore Iplerest ad Vax,
Slide 27: Order sizes reduced, inventory velocity at optimum level
igs “y Kes i f “7 ] ; ; ae | : 7 ] ley : / ; e iD / \ pis ; : x / | g : vy; ] Witte. , - : l H ie) | Order sizes have ntory veloci reduced dramatically optimum level
Slide 28: BlueScope Steel
LUESCOPE STEEL:
Slide 29: Gaye
it, pa Gaye aie mie py. yy ey yy) ey YY ey, Ye Le LO IES Cae Ee es ie iy y i oy eee Yay - SER, yy ii i: i i; i i, ye OE ay) De yee Le LL ne Ce age wi oy es Ey EO LE ie Le ee oe LEE ee 0, ge a yee as ae yey CO UO ee ese Minas LO Le yee Re: Fas ae ee SOL ae A ae y We Sy) LUO ee ae
Slide 30: Hot rolled coil price volatility remains
| Hut volatility remains Spot Price Hot Rolled Coil (US Midwest) Jan 00 - July 04 7 ov 7c Zo i) = Da , ” =>
Slide 31: Winning in our home markets
“WINNING IN OUR HOME MARKETS
Slide 32: Le ee
i Le ee Go yy) YY yy WY ii i: i i; i i, oy eee Yay e ag EEL see AUG EGE IDO pes a PGE ph Le Lo ey EEE: yy, Vee VY Le ETL Wis oye ye Yee) y Pe ae LE OE GGL LE Yo hme ud, i Z % y SER, ey Re: ye Fas OE Le meme LEU ay Vee LM Lo 7 ay i LO ee eR yy YO EU ys Le es Lp LE ey 7, yy ee i g g ee ae e
Slide 33: Slide 33
Slide 34: Slide 34
Slide 35: Slide 35
Slide 36: Tes
7 7 Tes ge Wye ee yy Wyo Lo Ly) Uy sel Oy, Ls — yy 4 oo ee te ee isis 7 Hy pie LEI Ie _ 7 pecrgess LES iy Le Py Tess ie ee yy y Dies ye ee > Ly a Os DT spe tag iis a yy Le — oy Ly iy | Wy se Jee Th J fp ae Long MITE ye Ly ee Lo , i ey ai ey We Vee yy Ly yy Ly ye ee Le Lo ih ey Le ey ee Le 14 _ . 4 y
Slide 37: Pre-engineered building
serene PRE-ENGINEERED BUILDING Bue
Slide 38: Mee” e wane ine ye
ey Mee” 4 e wane ine ye eT Ly a PI ga) ors J Ey ye y sy DPM LYLE LL EE: y - ME SUEY Le Deu y yy Ve ie Ve LIE A Cee as ee YY yy DEG SIE I WY LD Wy ie iy y i oy eee Yay - SER, yy ii i: i i; is i, Re: ye Fas OE y Ue ee Z gj oe Z ae oe Z oe ae i Z oe He Z f Rae aoe e g oe Nos b b G G ib A bi
Slide 39: Slide 39
Slide 40: Eat
6 Eat i
Slide 41: COP E
COP E ee Dy ey pee eiin yi i Lo ae Mies eT RG aE LU ey Disease - LL ee: YELL IE, a ey: Ve Rp eR ITN ci) Ly oy gy; i oe ee y, La, Z Ye Hees YY ey, YY La Tee eee Se SESS ie iy y i oy eee Yay - SER, yy ii i: i i; is i, Re: ye i Ue ee OE ee y z Le Lee ¥ Dee ee Z gj oe Z ae oe Z oe ae i Z oe He Z f Rae a
Slide 42: SILT ook
SILT ook a yy ea We | TO crn ce Ve Yee ey eee OLY Ve
Slide 43: A Aw A A ne bi h
A Aw 2 A A ne bi h
Slide 44: - o) lL
a Ye - o) lL ai ie Ly Ve a 8 oe 7 |. _. : may T ee i ey CY ETE j Lo, LL ed . yo Ue Bae zy Es By ie Le oy Le Ya Ye SSE Scnetas SSS : <= iy) Ly SS css Sess aera fe a= — = — a ye Yl Le eS Zo —— sori ee ye heavy m a i a ale fand:provided @ 0. anol jes fabour intensive installation! = ndartabony sary cS
Slide 45: Sinter machine emission reduction project
SINTER MACHINE EMISSION REDUCTION PROJECT
Slide 46: ii i: i i; i i, ie iy y i oy Yay sian aeneiaae
ii i: i i; i i, ie iy y i oy Yay sian aeneiaae i ae eae ee I regener LMM OD Co ie eG ye, BOG aes LU Ea py LEI py prema o pecs ioh oy Le , ey LSID Ly Re: ye Fas OE ee ep ee a ga is
Slide 47: le ie ee BEE (Sa ie i LLL GEL icine ones SUEY
le ie ee BEE (Sa ie i LLL GEL icine ones SUEY POPE, Ug. oy yy) Ke 4 4 CELE gy $ 4 YY y Fie yy O;: BY Ge | Ve Ve ye le b, eee oe SP iad, y Oe Ge y i ey le Piety : ye LE, yy VOL Me ML Wu, - LY) i He ie eh NOE aes a Li, ay Le oe —_—. ype ey a Wi, Te Mi MY eee MY Vp Yj yyy) yyy Vy =< — i, _ ) Wey CG Lo
Slide 48: FEL
FEL Gee ee “ti YES Lp RSA << <= ~~ ye
Slide 49: le lias
\ Ye Ye, le lias Yee 2 7 ay es LEE: vies ‘i Ve ey ee ee Ee 7 _ Le I se a ay ee ) iu ey GSES Ye diy . Butler Shai ae LD) os BY Vd, te yy Sy) Le, ead Ve Po Be, MLL EL EEL TLE Lo) Soe. Uy Te ey Uy Ya ye, ee ay ee . ey Le ee << Ce Q y Z cl | f / L ; L be p | p | : a : y a : 5 | | | A | | y Ly Y ye YES S
Slide 50: we Lg :
we Lg : Lye 7 _ yy oy eae . a 2 ae CL EG ae _ Za) 7 Lo iy Ga ys =o _ _ Lo Ly y = = — i y ee . Le Te J) Y, Lo gy | y y - Yee: Le _ He y Dy kK < SSSR SS - = Woe Ley, ve yy a E LL _ . a Wp a ye" jj Le _ . YE UY . yy, ye Ay yy foals (nl. 7 BZ Le LL Lo 7 a pe | x = y 7 ee - - ie Gy) yy Ly y i oy Me Be, <
Slide 51: zh
zh
Slide 52: Cc ‘ i ¢ e
Cc ‘ i ¢ e oe witty y - JC ” ls LZ c 2
Slide 53: v = « a i ie i
v = « a i ie i
Slide 54: COP E
COP E ype) Le OO -— Ce ey) Lo YY ey, Ye Ly Lee Tee relly, eee OG ye : oo ie iy y i oy eee Yay - SER, yy ii i: i i; is i, Re: Fas ye OE y Ue ee Z gj oe Z ae oe Z oe ae i Z oe He Z f Rae aoe e g oe Nos b b G G ib A bi
Slide 55: Wig,
ye, Mo” Wig, ee LEE LPR OLE EEE ea Ye ee a ay Ve VS eee EU OLE. ey ey ee LO I ga ee So, iy Ue Lo yy Maule § Ly a Le Ve ee ee ey Mee ET ge eye ee Cy, ye ey ye yay Yee: a ye Oye Bsiwieien i) Le OU ee ES DIU SEE Ue Me eee ES OIC Zi EE) Ie I ls Ye ge Ue ee Z gj oe Z ae oe Z oe ae i oe He f Rae aoe i g o
Slide 56: eppeupyummED espe
eppeupyummED espe I Ue ILE LEM LLL LL EME YL a YU Gy GLE NORE YY "Ye SEL BE ie i Le LY ee ea Gy Le A y nt allies ma FIT We, iy y ey TUE eee wo - LS EE: yy ii i: i i; i i, ye OE me erafony LO, LOLOL. a oe May 7. Toe Ly te Re: Fas y Ue ee Z gj oe Z ae oe Z oe ae i Z oe He Z f Rae ae Nos b b G ib A bi
Slide 57: WE ae sp Se
wi Lo WE ae sp Se es a ae aa cll ad as shes Ng oe Ly ee 4 iy, tore Nahr ey) ee is LY Eee GG GLUON % ie ts elena He ee Gy an, | " p : £02 oo Le ; i V Ss Yea 7 Fi rt Re: YOR fogs ey 2 Lee
Slide 58: sf Tr
sf Tr
Slide 59: Old yh gle
Ve jp by YM Wa Old yh gle LM Ee ene Ie Ye es Yi, Lay LU ~~ a Le isis Ve LE LEY eR ee eye WT pC, a me Se LE USUI ORAM Lye Lig) i LL ED, Be z ae ae ie : ae y spies e Be Uae Le We Lee pe ee os ee oe Le ye Z He ee ae oe Bee BG b b G A ib bi
Slide 60: sf Tr
sf Tr
Slide 61: Slide 61
Slide 62: a | $0) a Se So SSS = — Se ‘1 a being
a | 0 $0) a Se So SSS = — Se ‘1 a being
Slide 63: Proxy voting results
<< OS — oe oo — — 89.08 | 2 cc. cl eee - 8,421,270 | oo 296,777,757 27,951,986 oO DISCRETIONARY* _ AGAINST _ i oe . .
Slide 64: WY = = x BS = s : w gue . : . <
WY = = x BS = s : w gue . : . < se < a> “ : ey DD < 5 = os S ab} apy BY SS: xs PRESS SS BY
Slide 65: Proxy voting results
= = s s — : . ENR ENE SES . - — < : oO — — » x - SN — < SES a S RS = oS SSeS = 2 ~ SS Se — - — - Ss a ss 2,336,884 28,143,948 Number of Shares 305,233,945 OS — - oS _DISCRETIONARY* yy SEES SS ee = = x SSS ~ . = . SO
Slide 66: = =o5 < aS = O ¢ : oS se : : - -
= =o5 < aS = O ¢ : oS se : : - - } : = Sy by ‘ . : a < . < — oo < = << "aKa SS — : Gi iS = . Y 2 WD. ; : St 5. < . = = - : ARES
Slide 67: Proxy voting results
ee Gy Se WR y Lo Lo Yay ie ye Ly Ly — ae ee i 7 yy — sc . . eS - — << . : SS oo SEY oo 289,523,240 16,771,102 19,164,476 ro) - o 2 es = sn = oS — KK — - NS DISCRETIONARY* ac i i oe Sos . SS
Slide 68: Mis
Mis Sy se sis UE, YI REG Yo ey Dy YY LI ae NU yaa ye YY ba Ae, VU YY ey) ey Z ee Lit fae LE eyo I Vee i, We Le eee Ye Do Ld Ly Le ees < om gm Ls ME LLY SY oh pe Eo Tee Ye Dal aa BOE iy fe i Res Lee ne prop | if y ep Le Bu EGC OT ea ey, Be OES OE: ss aye UU IA IGE YU ie fi MOG I ee Le IGE Vy ae LES I
Slide 69: hi
hi 3
Slide 70: ye Be
‘fe CD. Y ye Be ve eye ype sulli9 AL
Slide 71: Proxy voting results
yy ay Vis Yi _ yy Ye Ly, Hh _ ~ Le ie $e 85.19 = SS SES — 31,008,663 Number of 285,319,502 SS < SS : : a . * = oS ee 7 SS —— i Ls SO oe < oO
Slide 72: EQ SND
EQ SND < : £ 4 < { ea : . Yo = = . 4 os tS 5 = < 3 = ‘ Cy. * : ~ = - i RSS wo : . - < r S a . BSS S = b? Ss 5 =f of S : S . : = a i x S : A 2 ‘ : " aN t ss = BS
Slide 73: Proxy voting results
3 =x WSS SON RES — — SSASSSSESS SAS OS _ AO SS So o> Oo} Oo vo a <S . Number of 44,431,098 Se Ss oS SO So - < x ~~ = oS y go y gq 7 : ey _ = / / ] ; Ve Ye Tee Ve Lies Les zy — —
Slide 74: elie
Wh elie = s = 5 3 SS SS > @ = . aS F < Se 7 Cc % 235 = : : - oe & — = <= b) . x 2 uN ‘s . 5 . 2: es Ss asta a < eC cs se | : = * o aS rok porn : k — = s) : a “ = Ss ioe allniah Qh as
Slide 75: Proxy voting results
— SESS oe ae ae — a —— So a: — Suce ~~ — 18,192,221 ™ ee ) = L E o 2 é ite) = + =] Ge z 282,109,625 eS SS ~~ . SSS —— ee DISCRETIONARY* z y — << i Ls eS = : : — — - Sos . SS
Slide 76: Hus
Hus ees =e oe . py : . = < : = = y 3} : = - oF x ~ 5.
Slide 77: Proxy voting results
7, yy ye ye ( Ey Bey vy) Sx SS Se ce SS Se Pe oy WES SS a - Lae yy SEG ._ : —— : oO SS S SES S SASS y Se es — — a —— = — < — 18,197,632 N ee 3 S ° > N 2 sie € o = t za 296,566,207 SS — —— cc i oe — ee Cee SS DISCRETIONARY’ Ley Ue SS
Slide 78: : AS : ¥ o &
A He. bh 5 ee = = : AS : ¥ 5 2 o 3 & = 5 = S) oo 2 . 3S a i Sai . Fs = - 2 So ‘ = 5 = oo “ “3. - AS : =! Ss aa * >. = = al b) 5 a coke cS : > <= ae a Ss ‘ } = = : BY : None 5. = SS ne ro . — a b} Peed : = . : : . = oo 2 o 1). << : E oS 1s = < oc SS “ © a Es oO So
Slide 79: Proxy voting results
iG ee Lo SS SS C Vee SSS ly — oc. Number of Shares 40,668,076 _ —: y y, iy Be ee a eS - = : : SEES SESS < : — — Se ~ — S Te
Slide 80: perpperimuen ey
Lp ug perpperimuen ey spt SE ROIS: hs s Ye yy) ay ee YU PG Cee yy Le Ag iy BO ioe) e ee. ie iy y i oy Yay ii i: i i; i i, ye OE Be wey LSID Ly conssypepenes Ye Le ep ey LI LE ee A es Ce ae ee py ep oe ne mi Re: Fas ee De LEI oy. Lo Oy Le yy sae gee yey ey ye LO eee LEO Ey LOI Co is
Slide 81: Slide 81
Slide 82: Slide 82
Slide 83: Slide 83
Slide 84: Slide 84
Slide 85: Slide 85
Slide 86: Slide 86
Slide 87: Slide 87
Slide 88: Slide 88
Slide 89: Slide 89