Cms Energy Corporation · NYSE:CMS
Cms Energy — Shareholder Meeting (May 2015)
10 slides from Cms Energy's shareholder meeting presentation, May 1, 2015
Slide 1: 2015 Annual Shareholders' Meeting
2015 Annual Shareholders’ Meeting
Slide 2: Annual Shareholders' Meeting
Annual Shareholders’ Meeting John Russell May 1, 2015
Slide 3: Agenda
Agenda • Financial Performance • Operational Performance • Cleaner Energy Portfolio • Sustainability • Q&A This presentation includes “forward-looking statements”; please refer to our SEC filings for information regarding the risks and uncertainties that could cause our actual results to differ mate
Slide 4: EPS and Dividend Growth
EPS and Dividend Growth EPS Dividend a 7% $1.16 $1.86-$1.89 $ 1.20 6% 5%-7% 1.10 6% $1.08 $1.77 14% $1.02 1.00 96¢ 7% 27% 0.90 84¢ $1.66 7% 0.80 $1.55 0.70 66¢ 7% $1.45 0.60 $1.36 7% Peers 0.50 7% 0.40 0.30 0 2010 2011 2012 2013 2014 2015 2010 2011 2012 2013 2014 2015 _____ a Adjusted EPS (non-GAAP)
Slide 5: Five-year Stock Performance
Five-year Stock Performance 180% 160% $35.16 140% CMS 139% 120% 100% S&P 500 98% 80% 60% S&P 500 Utilities 60% 40% 20% $14.74 0% -20% May Sep Jan May Sep Jan May Sep Jan May Sep Jan May Sep Jan Apr-24 2010 2011 2012 2013 2014 2015 Market Cap growth 285%. JGR 3
Slide 6: Operational Performance
Operational Performance Natural Gas Distribution Electric Distribution Customer Satisfaction • Delivery records • 23% improvement in • First quartile for residential reliability in 2014 in gas and electric • Lowest cost supplier in Michigan • Smart Grid • Most improved gas utility • Customer bills a
Slide 7: A Cleaner Energy Portfolio
A Cleaner Energy Portfolio • Added 10% capacity of renewable energy • Retired 60% of low-efficiency peakers • Retiring 32% of coal fleet • Purchasing 540 MW natural gas plant • Adding 16% to Ludington Pumped Storage capacity • Energy Efficiency programs offset new generation JGR 5
Slide 8: A Leader In Sustainability
A Leader In Sustainability • Ranked 3rd in the U.S. energy industry, 14th globally • Named Top Environmental Champion in the Midwest • Set voluntary goal in 2012 to reduce carbon emissions by 20% • $1 billion in additional spending with in-state companies through Pure Michigan Business Connect Commi
Slide 9: Slide 9
Slide 10: Earnings Per Share By Year GAAP Reconciliation
CMS ENERGY CORPORATION Earnings Per Share By Year GAAP Reconciliation (Unaudited) 2010 2011 2012 2013 2014 Reported earnings (loss) per share - GAAP $1.28 $1.58 $1.42 $1.66 $1.74 After-tax items: Electric and gas utility 0.03 - 0.17 - - Enterprises (0.03) (0.11) (0.01) * 0.03 Corporate interest and