Slide 1: Investor Presentation: FY2012 Results and Market Update
For personal use only INVESTOR PRESENTATION FY2012 RESULTS and MARKET UPDATE 30th October 2012
Slide 2: Disclaimer and Important Notice
DISCLAIMER AND IMPORTANT NOTICE 2 For personal use only Information, including forecast financial information in this presentation should not be considered as a recommendation in relation to holding, purchasing or selling shares, securities of other instruments in NRW Holdings Limited or any other c
Slide 3: People, Safety and Training
PEOPLE, SAFETY AND TRAINING 3 For personal use only People PERFORMANCE Workforce as at 30 Sept 2012 is 4,534 8,000,000 40 Safety The recently introduced company wide Safety 7,000,000 35 Program, ‘A safe day, every day’ has increased engagement and awareness across all levels of the 6,000,000 30 busi
Slide 4: FY2012 Financial Performance
FY2012 Financial Performance 4 For personal use only REVENUE 82% to $1.358 Billion EBITDA 105% to $195.9 million EBIT 138% to $154.0 million NPAT 136% to $97.1 million CASH 95% to $138.0 million EPS (basic) 116% to 34.8 cents TOTAL DIVIDEND 100% to 18.0 cents
Slide 5: FY2012 Key Financials
FY2012 KEY FINANCIALS 5 For personal use only REVENUE GROWTH $m's 1,400 1,200 1,000 $748 800 600 $387 400 $244 $335 $218 $610 200 $123 $358 $253 $266 $276 0 $134 FY07 FY08 FY09 FY10 FY11 FY12 1st Half 2nd Half NPAT GROWTH $m's 100 85 70 $52 55 40 $17 $21 25 $19 $20 $45 $5 10 $14 $20 $15 $20 $9 -5 FY
Slide 6: FY2012 Cash & Return on Capital Employed
FY2012 CASH & RETURN ON CAPITAL EMPLOYED 6 For personal use only $m’s $m's % 200.0 180.0 450 45% 160.0 400 40% 140.0 350 35% 120.0 300 30% 100.0 250 25% 80.0 200 20% 60.0 150 15% 40.0 100 10% 20.0 50 5% - - 0% FY07 FY08 FY09 FY10 FY11 FY12 FY08 FY09 FY10 FY11 FY12 Operating Cash Flow Net Fixed Asset
Slide 7: NRW FY2012 Highlights
NRW FY2012 Highlights 7 For personal use only Civil Construction Mining Services Drill & Blast Action Mining • Revenue increase by 91% on • Revenue increase by 69% on • Action Drill & Blast has experienced • Support vehicle sales outperformed, FY2011 FY2011 exceptional growth with a 307% with units
Slide 8: Project Locations
For personal use only PROJECT LOCATIONS 8
Slide 9: NRW Group Order Book
NRW Group Order Book 9 For personal use only Order Book at 30 June 2012 $2.0 Billion Order Book at 30 October 2012 $1.74 Billion 16% 5% 43% 36% Iron Ore Coal LNG Other
Slide 10: Tender Pipeline & Active Tenders
TENDER PIPELINE & ACTIVE TENDERS 10 For personal use only Solid tender activity and good visibility with $14.7 billion in the future tender pipeline across Australia and International $Bn's $1.04 Civil WA Current active tenders/framework $0.80 Civil Qld projects approximately $2.8 billion $2.45 $6.4
Slide 11: Operational Update: Project Awards
Operational Update 11 For personal use only Project Awards 1. $133 million of works for Rio Tinto Iron Ore’s Cape Lambert Port B 353Mtpa Project (CLB353). The works include the CLB353 stockyard, conveyor link earthworks, relocation of water pipelines and rail formation earthworks. This will involve
Slide 12: Operational Update: Outlook
Operational Update 12 For personal use only • NRW remains confident of continued growth in FY13 with an order book of $1.74 billion including secured revenue for FY13 of $1.3 billion. The Company is targeting revenue growth of 15% with the first half FY13 expected to be circa $800 million. • We expe
Slide 13: Financial Results 2012 Addendum
13 For personal use only FINANCIAL RESULTS 2012 Addendum
Slide 14: Operating Performance
OPERATING PERFORMANCE 14 For personal use only FINANCIAL 1HY12 2HY12 FULL YEAR FY12 FY11 Change PERFORMANCE ($m’s) SALES REVENUE Civil 323.9 407.8 731.7 382.6 91% Mining 246.5 295.7 542.2 321.7 69% Action Drill & Blast 50.9 62.2 113.1 27.8 307% Action Mining Services 21.0 25.6 46.6 28.1 66% Other *
Slide 15: Divisional Performance
DIVISIONAL PERFORMANCE 15 For personal use only DIVISIONAL NRW CIVIL NRW MINING ACTION ACTION PERFORMANCE ($m’s) CONTRACTING SERVICES DRILL & BLAST MINING SERVICES FY2012 Revenue 731.7 542.2 113.1 46.6 Segment Profit 81.6 64.0 18.7 4.6 Return on revenue 11% 12% 17% 10% FY2011 Revenue 382.6 321.7 27.
Slide 16: Balance Sheet
BALANCE SHEET 16 For personal use only FINANCIAL POSITION ($m’s) FY12 FY11 FY10 FY09 FY08 Working Capital 15.0 36.9 30.1 26.4 56.4 Non-Current Assets 391.1 293.0 178.8 156.7 165.5 Non-Current Liabilities (16.2) (10.2) (0.4) (0.6) (12.3) 389.9 319.6 208.5 182.5 209.6 Funded by: Cash / (overdraft) 138