Agl Energy — Investor Presentation (March 2002)

6 slides from Agl Energy's investor presentation, Mar 20, 2002

Slide 1: Winning financial management
John Fletcher Group General Manager Finance Winning financial management 20/03/02
Slide 2: Funding AGL's strategy
• Funding AGL’s strategy - balance sheet capacity - non core asset sales/rationalisation - cash flow - capital management review 20/03/02
Slide 3: Book value of funds employed, gearing and capacity by business
Book value Potential Capacity of funds employed gearing $Million $Million D/(D/E) Networks 2,015 65-70% 1,300-1,400 ES&M 321 25% 80 Investments 643 45% 300 International 1,602 55% 900 Other 157 - - 4,738 2,580-2,680 Net borrowings 31/12/01 2,475 Capacity before disposals (approx) 100-200 20/03/02
Slide 4: Targeting sale proceeds of $400m over next 18 months
• Targeting sale proceeds of $400m over next 18 months - WA power generation - COMindico - Others 20/03/02
Slide 5: Operating cash flow and SIB capex
$Million Operating cash flow ? SIB capex - Networks 50 - International 20 - IT 20 - Other 20 110 Generation 200 Net sales - AGL (94) - NGC (113) 20/03/02
Slide 6: Funding alternatives, credit rating and shareholder distributions
• Funding alternatives • Credit rating issues • Distribution of franking • Shareholder distributions - dividends - capital 20/03/02