White Energy Company Limited · ASX:WEC
White Energy — H1 2013 Earnings Presentation
10 slides from White Energy's earnings presentation, Mar 8, 2013
Slide 1: Results Presentation Half Year Ended 31 December 2012
For personal use only Results Presentation Half Year Ended 31 December 2012
Slide 2: Highlights; Financial Summary
For personal use only Highlights Financial Summary Page 22
Slide 3: Highlights for HY Ended 31 December 2012
Highlights for HY Ended 31 December 2012 For personal use only White Energy continues to focus on the application of its BCB technology to the upgrading of coal fines, whilst seeking to identify further coal properties for acquisition In active discussions with all major coal producers in the Sout
Slide 4: Target Milestones for the Year Ahead
Target Milestones for the Year Ahead For personal use only The Company has identified a number of key areas of focus for Calendar Year 2013 Africa Australia United States Indonesia China Key • Black River • Lake Phillipson • Buckskin • TBA • In commercial Partners / • Peabody Energy discussions Proj
Slide 5: Financial Summary
For personal use only Highlights Financial Summary Page 55
Slide 6: Results Overview - HY
Results Overview - HY Ended 31 December 2012 For personal use only Operating results for the 6 months ended 31 December 2012 include an impairment expense recognised in respect of the carrying value of the South Australian Coal assets The consolidated entity’s net loss for the half year ended 31 D
Slide 7: Results Overview - HY
Results Overview - HY Ended 31 December 2012 For personal use only Half Year Half Year 31 Dec 2012 31 Dec 2011 $M $M Consolidated entity net loss for the half year (60.8) (134.0) Add-back / (subtraction) items: • Net interest revenue (2.1) (2.1) • Income tax credit (7.6) (0.7) • Fair value (gain)/lo
Slide 8: Results Overview - Consolidated balance sheet and cash flows
Results Overview - FY Ended 31 December 2012 For personal use only Consolidated balance sheet 31/12/2012 30/6/2012 $M $M Cash on hand as at 31 December 2012 was Current Assets 106.7 145.6 $98.8M. Total Assets 286.4 384.3 Decline in assets from $384.3M to $286.4M mainly Total Current Liabilities
Slide 9: Forward Looking Statements
Forward Looking Statements For personal use only Except for the historical information contained herein, the matters discussed in this presentation contain forward- looking statements, including statements, containing the words “planned”, “expects”, “believes”, “strategy”, “opportunity”, “anticipate
Slide 10: For personal use only
For personal use only Maritime Trade Towers Level 20, 201 Kent Street Sydney, NSW 2000 Telephone: +61 2 9959 0000 Facsimile: + 61 2 9959 0099 Email: info@whiteenergyco.com ABN 62 071 527 083 Page10 10